Author: Lee Riley

REAL ESTATE: The Riley Report

There is one other statistic that is normal for this time of year, but it’s something to pay attention to. We have 52 more homes on the market today than we had a month ago…

real estate sales pagosa springs 2015

REAL ESTATE: The Riley Report

The second piece of good news for sellers is pending sales are way up as well. Currently we have 154 sales in the hopper, compared with 103 at this time last year…

REAL ESTATE: The Riley Report

Rates were at historic lows around 3.5% due to concerns about the global economy including China, Brazil, and the U.K.’s pending exit from the European Union…

Lee Riley’s Real Estate Report

Moving on to real estate, overall sales are up 21% over last year at this time. The residential market slowed slightly in June, falling from +13% last month to +4% this month…

real estate sales pagosa springs 2015

Lee Riley’s Real Estate Report

In real estate news, I am just as busy as I was before the big crash in 2007. This is good news for sellers, and it’s also good news for the local economy…