This week Forbes Magazine rated Colorado Springs the 9th Best Bang for the Buck city in the United States. The top city was Omaha NE. This is more good news for our little city. Last week Forbes rated us 14th most likely city to rebound from the housing slump.

I believe Colorado Springs is a good value. In affordable housing, most of our prices hover between $90-$110 per feet. In the heyday it rose to $130-$150 per foot. The one golden thing that has happened with the housing slump is that it’s made housing affordable again. In Colorado Springs you can find decent housing around $100,000. In markets like Florida, Arizona, Las Vegas and California home prices dropped 50-70% from the peak. Now there is value in owning a home.

I also think now is the time to buy and invest in real estate. Many people catch it when its on its way up. Almost always people buy into the frenzy when it’s peaking. Now is the time. We have been at bottom for about 8 months. I think we will stay here for only a couple more months before we start increasing values. Fact is, sales this year in 2009 are equal to 2006 and inventory is down 1800 units. That spells relief and increasing values.

Yes, buy into the fact that Colorado Springs is a good value. Say yes that Colorado Springs is rebounding. Get on board the bus before it passes you by.

Thanks,

Brian