Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Peterson AFB. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 719-591-2020 or 719-492-0796

Average Home Price $225,000 - View Graph Trend
Average Price Compared to Last Year Up 0-5%
Average Time on Market 90-120 days
Best Selling Price Range$200,000 - $249,000
Worst Selling Price Range$350,000 - $399,000
Prices As % of Asking Price 90-95%
Existing Home Prices for the past 90 days are?No Change
Market Trend Decreasing
Buyers’ or Sellers’ Market More sellers than buyers
Buyer Activity for the past 90 days in Peterson AFB isNo Change
Seller Activity for the past 90 days in Peterson AFB is?No Change
Multiple Offers?Yes
Multiple Offers CommentaryAs long as the property is priced within the market based on the features and condition we are seeing offers coming in frequently
What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?5-10%
Is Financing Available For Qualified Buyers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity First Time Buyers
Reason to Buy/Sell Lower prices with good selection and competitive interest rates creates a perfect time to buy in Peterson AFB!
Nearest Metro AreaColorado Springs
Housing Hot SpotsStetson Hills, Greenhaven subdivision, Banning Lewis new subdivision.
Average Sold Price $225,000 - View Graph Trend

Peterson AFB Local News


News for Peterson AFB, CO - September 20th, 2010 6:52pm
Construction has just begun to repair some issues with the roads surface near the West Gate (a design flaw carried over from original construction). This will reduce the lanes from four to two along Stewart Avenue. Drivers are encouraged to use either the North or East gates which will open 1 hour earlier to help with the additional congestion. This repair project should be completed by late October.
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Jariah R. Walker
Jariah R. Walker
     719-492-0796
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September 2010 (1)


Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
 30 yr. fixed rate:     3.89%
 15 yr. fixed rate:     3.21%
  30 yr. jumbo rate:  4.61%
  15 yr. jumbo rate:  3.97%

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Jariah R. Walker
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Jariah R. Walker
Walker Asset Management Realty Inc.
Walker Asset Management Realty Inc.

  719-492-0796




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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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