Change in rent
: +10.2 percent Change in sales price
: +4.3 percent Price drop from peak
: -11 percent Job growth, 1 year
: +0.53 percent
Colorado Springs has experienced only a modest increase in jobs in the past year, yet rent in the region increased 10.2 percent in the 12 months ending April 31 — the sixth-largest increase among the 100 metropolitan areas the agency examines. Home prices also increased over the same period by 4.3 percent. According to Realtor.com, the number of listings in the area fell more than 25 percent in the past year, perhaps partly explaining the price increase.
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: The States With The Most Homes In Foreclosure The Ten Most And Least Affordable Cities To Buy A Home Nine Countries Where Unemployment Does Not Exist The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.