COLORADO SPRINGS — Even with a slowed economic system throughout the COVID-19 pandemic, Colorado continues to develop at lightning pace, placing a pressure on the housing market, and conserving native actual property brokers on their toes.
For Realtor Aidan Pena, the curveballs began coming quick.
“I had no clue COVID was gonna hit,” Pena mentioned. No foresight of that.”
He solely turned a licensed Realtor in January, not giving him a lot time to brace for the COVID-19’s influence.
“It slowed down the market just a little bit, however my staff is robust, we pushed by way of it,” he mentioned.
Actually, even in these unsure instances, one factor nonetheless is definite. Homes are onerous to return by in Colorado Springs.
“We have now about 650 listings, so not that many when you think about now we have about 700,000 individuals residing within the Springs now,” Pena mentioned.
Even whereas different markets may be down, that’s not the case right here.
“Colorado Springs was ranked as one of many prime three cities for actual property in the complete nation.”
Final week, U.S. Information and World Report ranked Colorado Springs the fourth greatest place to stay within the nation. On prime of that, town has one other main attractor that isn’t so depending on the economic system.
“Army clearly,” Pena mentioned. “Their stationary duties are being launched, they’re capable of transfer now.”
So how briskly are properties promoting?
“That is the primary day in the marketplace [for this house]; have already got a contract on it,” he mentioned.
One open home was all it took.
“Yup at some point in the marketplace,” he mentioned.
With all that in thoughts, Realtors right here can’t let COVID-19 get in the way in which of getting individuals into properties.
“Open homes are just a little totally different,” Pena mentioned. “We normally can have a pair teams in. However for showings, we attempt to restrict it to 1 group at a time.”
Taking all of the precautions to maintain the market transferring.
“Our staff… we wish to arrange hand sanitizer, masks, gloves typically, wipe down surfaces,” he mentioned.