Pueblo’s real estate market remains lukewarm, according to May figures released by the Colorado Association of Realtors.
The market “isn’t showing any big gains and has been staying in line with what has been happening the past year,” said Dave Anderson, spokesperson for the Pueblo Association of Realtors.
“The big key that isn’t opening any doors are the buyers, who are still sitting on the sidelines waiting for better interest rates and a better feeling about the economy,” Anderson said.
New listings in May were down 4.5% from last May, but total active listings were up 6.1% for the same period. Pending sales moved up 9.5% compared to last May but are down a total of 11.4% year-to-date.
The median home sales price did improve to $319,900, up 6.6%. The percent-of-list price received is holding at around 98%.
The average time a home for sale is staying on the market is creeping up to 3.7 months. New home building remains slow as well.
“There were just 25 new building permits issued in May. This is still down 3.5% year-to-date and just 139 permits have been pulled in the first five months of the year,” Anderson explained.
“With no spring buying season this year, agents are ready for a strong summer season.”
Visit Pueblo attractions and win cool prizes this summer
Visit Pueblo is encouraging local residents to check off their summer bucket list items by exploring all Pueblo has to offer, sharing photos on social media, and winning cool prizes.
Starting June 20, share photos from your adventures in Pueblo on the Visit Pueblo Facebook page or your own public Facebook and Instagram accounts with the hashtags #visitpueblo and #summerbucketlist together to be entered for consideration. The promotion runs until Sept. 23, the day after 30th annual Chile & Frijoles Festival.
The event is open to applicants ages 13 years and older. Each week, a winner will be drawn at random and will take home prizes such as gas cards, tickets to local attractions and events, as well as a 12-pack of Pepsi products and other cool merchandise.
A grand prize will be drawn on Sept. 25, plus Visit Pueblo staff will pick their top 10 favorite photos.
Pueblo City & County Foundation grant applications due July 31
Pueblo Bank & Trust Company is accepting 2024 grant requests on behalf of the Pueblo City & County Foundation.
The fund was established by Edna Prevost, a local school teacher who died in 1971. Under the terms of the foundation, grants are to be used to benefit the community.Â
An independent committee decides the grant awards. Applicants are asked to submit a one- to two-page request letter by July 31 to Pueblo City & County Foundation, c/o PB&T Bank – Trust Services, 301 W. Fifth St., Pueblo, CO 81003.
Humane Society of the Pikes Peak Region director stepping down
The Humane Society of the Pikes Peak Region, which oversees Pueblo’s shelter at 4600 Eagleridge Place, will be conducting a national search for a new director to replace Chief Executive Officer Duane Adams.
Adams is stepping down after nearly four years of dedication and leadership at the humane society and has worked in animal welfare for 42 years, he said in his latest CEO Update video. He said he is “immensely proud of the work we’ve done.”
Kelley Likes, vice president of philanthropy, is stepping into the interim CEO position until a new director is hired. She thanked Adams for his efforts, which included revitalizing the animal law enforcement building and increasing capacity for wellness services in both Pueblo and Colorado Springs.
Mike Cafasso named to lead two hospitals
CommonSpirit Health has named Mike Cafasso as CEO for St. Mary-Corwin Hospital in Pueblo and St. Thomas More Hospital in Cañon City, effective June 23.Cafasso has served 13 years with CommonSpirit and was named CEO of St. Mary-Corwin in February 2018. He has served as the interim CEO for St. Thomas More since last July.
Cafasso “understands the unique challenges that face our communities in Southern Colorado and has continued to find opportunities to expand services, recruit top-tier providers and meet the needs of the community through a prescription food program and community garden,” according to a press release.
Prior to joining CommonSpirit Health, Cafasso served as the Colorado president for American Bank of Commerce. He has deep roots in Pueblo, having earned his bachelor of science in mass communication from Colorado State University Pueblo.