April proved to be another slow month for Pueblo’s residential real estate market.
“The big decline was in our sold category which fell 18.7% compared to April 2023, and sold homes are down 12.8% year to date,” said Dave Anderson, spokesperson for the Pueblo Association of Realtors. “Active listings were up 10.7% in April to 673, however, buyers just aren’t out there looking.”
For buyers who are out there looking, there is a 12% increase in new listings. However, “Lenders are seeing more and more who can’t qualify with interest rates still in the 7% range,” Anderson explained.
For those properties that are selling, “We are seeing that 98.3% of list price received,” Anderson said, which is in line with last year’s figures. “Average days on market remains at about three-plus months.”
In the new home construction arena, builders pulled 43 permits in April, which was “a big jump from the 14 we saw in March,” Anderson said.
“We have had 61 lots sell in the first four months of 2024 and 197 lots are still available,” he said.
Pueblo West Business Resource Fair is May 29
A free Business Resource Fair is slated to run from 11 a.m. to 2 p.m. Wednesday, May 29, at the Pueblo West Library, 298 S. Joe Martinez Blvd.
Hosted by the Pueblo West Metro District, Southern Colorado Economic Development District and the Pueblo West Chamber of Commerce, the event will feature a chance for business owners to network with resource professionals who specialize in everything from accounting, insurance and legal services to real estate, human resources, staffing, tax planning and marketing.
For details call the Southern Colorado Economic Development District at 719-545-8680.
San Isabel Electric awards scholarships to 25 Pueblo County students
San Isabel Electric, a not-for-profit electric cooperative, is awarding $1,000 scholarships to 25 Pueblo County students who have a parent or guardian that buys electricity from San Isabel.
“Our scholarship program is an integral part of the company’s commitment to supporting education and empowering future generations,” said Edward Garcia, president of the San Isabel Electric Board of Directors.
Hailey Mauer, of Pueblo West High School, also was chosen to receive an additional $2,500 “Powered-Up Scholarship.”
Each application was evaluated on criteria such as community involvement, leadership potential, academic achievement and goals. Scholarship funding comes from unclaimed capital credits, which is money the electric co-op tried to return to member-owners but went unclaimed.
The current list of unclaimed capital credits is published at siea.com/capitalcredits.
Boreas Campers offers panels for do-it-yourself camper builders
Pueblo-based Boreas Campers, a leading off-road camper trailer manufacturer, is extending its product line to include composite panels tailored specifically for do-it-yourself camper builders working to craft quality and affordable dream campers.
Boreas composite panels are available in raw sheets or can be cut to the builder’s specs and design. The composite panels are considered superior to other build materials such as wood or aluminum because of their longevity, insulating properties and light weight.
“We are thrilled to introduce composite panels for DIY builders, opening up new possibilities for adventurous individuals who possess a passion for building and exploration,” said Matt Reichel, president of Boreas Campers. “We’ve seen the impressive plans and ideas folks have for their perfect adventure setup and offering composite panels allows them to build a camper that will last for a lifetime and protect the rest of their project’s investment.”
For details on the panels’ cost and other do-it-yourself offerings such as heavy-duty off-road chassis and suspension products, go to boreascompositepanels.com.
Get rid of your unwanted junk in Pueblo West June 8
A Community Cleanup is set to run from 8 a.m. to noon on June 8 at 280 E. McCulloch Blvd. in Pueblo West.
Pueblo West Metro District staff will accept trash drop-offs. No electronics, paint, or hazardous waste will be accepted.
Elderly or disabled residents can arrange a pickup for $25. Register for a trash pickup online.
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