Why is the housing market in Puebla developing slowly?

real estatein Pueblo for the first three months of the year shows that improvement is not yet coming. In March, new offerings were down 10.8% from February and down 5.2% from March of last year. The total number of offers fell by 3.5% to 602 properties. The number of pending transactions decreased 9.5% from March 2023 and 11.3% year-to-date. The median sales price decreased 4.7% in March and 1.3% year-to-date to $311,000.

Sellers continue to lower prices to sell theirreal estate.

The positive aspects of the month were a slight increase in the selling price of 98.6% and a decrease in the average term on the market to 90 days. The situation is characterized by supply exceeding demand due to high interest rates, making it difficult to buy. Builders are moving slowly, having received only 14 building permits in March.

Pueblo will host its monthly landlord meeting on April 16

The event will feature a discussion of radon inColoradoand laws pertaining to radon and required forms for landlords. The cost to attend will be $18 for members and $25 for non-members. To register, call or e-mail the number listed.

• Comcast RISE is offering a $5,000 business development grant package to 100 Pueblo companies
• Business counseling, educational resources, and assistance with technology upgrades are available
• Companies can apply May 1 through May 31 online at ComcastRISE.com

Aurora Corporation and the Southeastern Colorado Water Conservancy District Office in conflict over farm purchase

By the City of Aurora, which the county office alleges is in violation of a 2003 agreement that prohibits the City of Aurora from purchasing additional agricultural water rights.

In other news, Chavez Huerta Preparatory Academy received a $2,000 grant from Colorado Creative Industries for the Bailes de Aztlan project, “Dancing from the Chicano Ancestor.” This will help preserve and celebrate local artistic traditions and Pueblo heritage.