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Home prices have skyrocketed south of the Springs too

New-home construction is booming in Fountain, where single-family home prices are still a bit lower than in Colorado Springs. Mike Reid Longtime Fountain real estate broker Jim Snare says the residential real estate market in his area is the best it’s ever been — at least for sellers. Snare, whose mother started Snare Realty in 1946, has owned the company since he bought it from her in 1976. He’s seen booms and busts, but nothing like the present superheated market for homes. As is the case across the Pikes Peak region, homes are selling nearly as fast as they go on the market. Interest rates are low, inventory is down and prices are climbing. But that’s not discouraging buyers.

Home prices have skyrocketed south of the Springs

New-home construction is booming in Fountain, where single-family home prices are still a bit lower than in Colorado Springs. Mike Reid Longtime Fountain real estate broker Jim Snare says the residential real estate market in his area is the best it’s ever been — at least for sellers. Snare, whose mother started Snare Realty in 1946, has owned the company since he bought it from her in 1976. He’s seen booms and busts, but nothing like the present superheated market for homes. As is the case across the Pikes Peak region, homes are selling nearly as fast as they go on the market. Interest rates are low, inventory is down and prices are climbing. But that’s not discouraging buyers.

Home buyers discover Fountain Valley area

Home buyers discover Fountain Valley area
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