Real Estate Darwinism

New homes for sale in Colorado Springs have slowed down since the boom of the last few years. The biggest change that we have seen in the new home market is the drop in 'inventory homes - meaning: if you want to buy a new home, you will need to 'dirt start it. Building homes before they are purchased is too big of a risk for Colorado Springs home builders.

Here is a look at some of the busiest builders in El Paso County - to include the Colorado Springs, Monument, Falcon/Peyton and Fountain real estate markets, and how many building permits were pulled from January - April of 2008:

Campbell Homes	14
Capital Pacific Homes	15
Challenger Homes	20
Classic Homes (local)	59
D.R. Horton	16
Goetzmann Custom Homes (local)	6
Hallmark Building Co. (local)	7
John Laing Homes	6
Journey Homes	51
Keller Homes (local)	31
New Generation Homes (local)	6
Oakwood Homes	29
Premier Homes	27
Pulte Homes	4
Richmond American Homes	50
Saddletree Homes  (local)	12
Todays Homes  (local)	12
Vantage Homes	16
Total of All Building Permits: (to include those not mentioned here)	493

Information gathered from the Pikes Peak Regional Building District website.

From January-April of 2005, there were a grand total of 2,331 building permits pulled for single family homes in El Paso County. Yes. Building permits are down. WAY down.

Take a look at the El Paso County building permits for the month of April from 2000-2008:

Maybe the slow down in building will allow the city to catch up building the infrasctructure that we so need in our area. Better roads. Better intersections. Better lighting ¦

For more information on new homes for sale in Colorado Springs, Monument, Fountain and Falcon/Peyton, please contact us, at: 719-434-7525

 

Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Clients Choice Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
(719) 434-7525

http://www.realestatedarwinism.com/003322