Author: Lee Riley

REAL ESTATE: The Riley Report

The second factor is increased wages due to lack of available manpower. There are not enough workers to go around due to all the increased activity…

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…