Colorado Springs Real Estate & Analysis

Analysis of Colorado Real Estate

Market activity influences how complicated it will be to find precise comparable sales or "comps" Sales are happening all the time in a busy or hot market. As such, it is probable to have a lot of comparable real estate sales as options. But in a less active market, it is
much more challenging to find sensible "comps".

Should the Colorado Springs real estate that your are considering have other special design features, finding a similar property is yet more knotty. Furthermore, it comes in handy to be acquainted with what's happening in a given city area. For example, owners of smaller houses may remain although huge, high-end homes might be selling like hotcakes in the North side of town, or vice versa.

Before you get started with your Colorado Springs homes for sale search, there are things that you should consider to get the Colorado Springs real estate you want for the best price possible!

· Location or Area – do you like to be a stone's throw away from everything? Like schools, grocery stores, gas stations or even a golf course? Determine the type of neighborhood that you would like to be in.

· Amenities – do your targeted homes for sale have a great view? A pool?
An additional room or an extra space that can be converted into a room?

· Size – The total square footage of the home, the number of rooms, the
number of toilet and bath, the size of the garage, and the yard

· Age of the Home – evaluate homes of similar age since they will have similiar ammenities. For example, a house built in 1970 but was renovated in 2001 is not comparable to a house built in 1970 but was never remodeled.

Our Colorado Springs REALTOR group recommends that you try your best to gain answers to these questions on your own before contacting an experienced real estate agent. If you have questions about Colorado Springs commercial real estate please contact Mike Stuard. This will help you to better understand your wants and needs and allow the agent you select to work for you in a very focused manner.

Pros to Owning Real Estate

Real Estate Ownership - A Good Decision


What do you get by owning Colorado Springs real estate, and more particularly, your home? There are a couple of reasons why having your own home is still the unsurpassed choice of many.



First, having your own home gives you the sense of privacy and freedom as compared to renting. You can do practically anything in your house -- paint the walls, install wall decor (like paintings, mirrors or picture frames), plant flowers or trees in the backyard, keep and look after pets.



Second, your home allows you to mirror values as well as your standard of living. In addition, it provides you with satisfaction, pleasure and a source of self-esteem.



In addition, your immediate real estate community recognizes your presence in the neighborhood, thus giving you the feeling of belonging, permanence and additional security.



Most importantly, having your own home helps foster financial stability in your family. When you make more payments and own more of your home, you insert real estate value into your financial foundation. Many consider their home as a solid investment, and many of the improvements that you have made will affix to its value.



Lastly, did you know that the interest on your mortgage loan is deducted on your yearly personal income tax return? In fact, many of the closing costs related to your real estate purchase are deductible, such as your property taxes.



Living in Colorado Springs can not only bring your family closer to natural beauty, but also provide your home with aesthetics beyond your imagination! Contact a Colorado Springs REALTOR if you are ever interested in Colorado Springs homes for sale, including new homes in Colorado Springs.

Colorado Springs Real Estate is a Good Investment

Is Colorado Springs a good investment?

There are two crucial indicators for real estate prices - first, a stable economy and second, a robust job market. If you invest in Colorado Springs real estate, with its indicators up, your asset will not only keep its worth, but appreciate as well!



The State of Colorado is number 8 in the nation in per capita income. And it isn't possible to change shortly as the rate in job progress for Colorado Springs is almost double the national average. As such, it is important to recognize that Colorado Springs has a strong, varied economy.



Education is an essential aspect in the quality of life of a certain region. There are over 30 major colleges and universities in Colorado, and the state has at all time had a highly-educated population. In reality, over 30% of adults over 25 years of age in Colorado have college degrees.

Stressing the importance of education has had numerous positive outcomes on life in Colorado. For example, there is a solid dedication to public schools, which helps improve the condition of life for communities.



A lot of good Colorado Springs real estate investments can be found. Reward yourself with an exceptional quality of life by having a Colorado Springs home for sale for sale at an affordable price. Owning a home here is a wonderful way to bypass the adjustments ongoing in the coastal housing markets.



Colorado is likely to appreciate price increase above the national average while housing prices are dropping in States like California in the next few years. If you are looking for more information, please contact a Colorado Springs REALTOR. Find information here about Colorado Springs commercial real estate.

Tips for Selling Real Estate in Colorado Springs Pt.2

Selling - Colorado Springs & BEYOND Pt.2

In our earlier entry, we shared with you four important points to remember before selling your Colorado Springs real estate. Here we have the second part and the last four points.

1. Show No Pressure

Keep in mind that buying Colorado Springs homes for sale can be a sensitive and tough decision. We are limiting the chance of frightening our potential buyers by pressuring them to buy. Be friendly and tender to them. Definitely they have a lot of questions for you so it would be best to be alert and supportive to them. Let negotiations come later once your buyers are done viewing your property and then signals the start of conversation.

2. Keep Focus on Potential Buyers

Like a seller of any product, you must be able to tell the actual buyer apart from the window shopper. You wanted to concentrate much of your time with the real buyers. Your Colorado Springs REALTOR will help you in this field as they should be able to examine the potential buyer's purchasing power, savings and credit rating. Consequentially, you can collaborate on marketing more towards the direction of people who are motivated to acquire your Colorado Springs property.

3. Get the Right Colorado Springs REALTOR

Selling your Colorado Springs home may be the most crucial financial deal that you are yet to make. Before settling with a real estate agent, be sure you have interviewed several of them. This sets you to evaluate people, and dependable in selling your property. Brand new agents may cost as much as the experienced ones. But there is a larger chance that the experienced one may in a fewer time and less hassle be able to get you a little higher price for your home. Go ahead and meet REALTORS in Colorado Springs, and choose the best one for you!

4. Be the Boss

There is a chance that you may hire the wrong Colorado Springs agent. They may have
impressed you really well, but somewhere down the line, they are not meeting your
expectations. If this happens to you, you have the right to terminate your REALTOR. Remember that you choose your real estate agent who will best represent your property. So before choosing, take your time in selecting "the one."

Don't make this experience traumatic for you. There are good Colorado Springs REALTORS out there, all you need is to conduct some research. If you have questions about selling Colorado Springs commercial real estate please contact Mike Stuard.

Tips for Selling Real Estate in Colorado Springs

Selling - Colorado Springs & BEYOND

Before selling your Colorado Springs real estate, please make sure you have understood the first 4 points that will be mentioned below:

1. Prepare Your Colorado Springs Home For Sale Once you have decided to sell your home, it is necessary that you have completed with the repairs. Your home should be clean all over. Remember that the value of homes can be lowered when buyers notice that the property would require lots of repairs. It is also imperative to keep your real estate presentable and pleasing as it is most likely to turn away some potential buyers.

2. Price YourColorado Springs Home accordingly It is obvious that all of us want to get the most value for our money, more particularly when we sell. However, if we price our property aggressively high, most buyers will expect a lot more or some may simply shy away even before visiting your home. Pricing our property is a very crucial part, and we do not want to end up selling our property at a lower price as a consequence of overpricing that took an odd time to sell. Make a study and see how the rest are priced and formulate yours competitively!

3. Read Before Signing

Ensure that you have thoroughly read and understood your contract before you affix your signature. An oversight on your part could cost you hundreds, or much worse, even thousands of dollars on repairs and/or inspections. Sometimes, real estate contracts can be very complicated and confusing. Nevertheless, they are documents that oblige you lawfully. It is highly important that you are constantly informed of the details of your real estate.

4. Advertise Wherever Possible

In this day and age, advertising can be found almost everywhere! Marketing your Colorado Springs real estate does not limit you to print advertising; classifieds, magazines, flyers. Make use of the digital world and go high tech! Utilize the internet, website and search engines. Should you have a Colorado Springs REALTOR, he/she should be able to provide you with a wide variety of marketing options.

Get yourself a realtor hat is going to be dedicated in selling your property; they shouldalways be available for you. If you have questions about Colorado Springs commercial real estate please contact Mike Stuard.



There are still 4 more points to share.

Please watch out for the next real estate article, as it's coming up soon!

Feel at Home in Colorado Springs

Welcome Home To Colorado Springs

For many, home is a place where you live and a place that you won't think about leaving. Colorado Springs is a fantastic place for you to find serene weather almost
throughout the year, many good schools, lots of things to do and see (like outdoors: skiing, hot springs, river rafting, hiking, and etc) and most of all, bountiful shopping districts!

The region administers education to 85,000 students and is home to 11 school districts with about 6,000 teachers who are extremely encouraged to deliver marvelous education through the Colorado Springs public school system.

Colorado Springs has 2 good sized malls and many additional strip malls through the city. The Old Colorado City area still has the scenic and historic neighborhood where you find old-fashioned shops and antique vendors. You will find good quality craft shops, galleries and restaurants in the town of Manitou Springs, just a short distance from Old Colorado City.

This place in Colorado has been a famous destination for tourist for years now. Thus, anyone gets to do something they want when they come over for a visit.

Colorado Springs has something in store for you, come and find out what it is. Stay so you don't have to leave town to find fun elsewhere. That is why, Colorado Springs is simply the superb place to be!



If you are ever in need of Colorado Springs real estate services, please contact a REALTOR. They can help you properly identify the right Colorado Springs homes for salethat meet your needs. For information about Colorado Springs commercial real estate please contact Mike Stuard.

Living the High Life - Colorado Springs!

For a typical outdoor person, Colorado Springs is simply your haven! There are excellent golf courses, gold medal fishing waters, extensive trail systems and ski resorts. Go boating, swimming, hunting, ballooning and hiking! Not to forget that Pikes Peak is also close by... The weather makes outdoor activities much more inviting with over 300 days of sun every year, even as Colorado Springs goes through all four seasons. What a luxury!

The area has become prominent for providing exceptional worth in Colorado Springs real estate in deep contrast to other regions of the country; and even the nearby market of Denver.

According to economic reports, in general, Colorado Springs is sensibly optimistic with non stop job growth and the coming of ten thousand (or even more) military personnel, next to the requirement for a boost in the number of people in different support services.

Though there is a slow down in the Colorado Springs market, the interest rates are nonetheless very smartly positioned in the 5 1/2 - 7% area and there are more Colorado Springs homes for sale options than at any time in the past. If you are considering acquiring a home in Colorado Springs, now is the right time to buy!

Make natural beauty and outdoor recreation a part of your Colorado Springs living!



As always, if you ever need real estate advice, a Colorado Springs REALTOR would be glad to assist you.

Colorado Springs Homes For Sale - The Stats

Colorado Springs Homes For Sale

The Colorado Springs real estate market, in the first half of 2007, was significantly slower than in the previous 2 years. Inventory was up close to 25% and we saw new construction slow down rather significantly. It was certainly a buyer's market and it appears that we are seeing that trend continue into the second half of 2007 and probably into the 1st half of 2008!

- As we are well into the summer months, here are some Colorado Springs real estate ponderings:

1. The Colorado Springs market is expecting more military relocation over the next 12 months, but interest rates are also starting to rise. This may offset some of the positives that military influx will create.

2. This area currently has more than 7,000 single family Colorado Springs homes for sale and around 1,100 townhomes and condos currently in the real estate market. (these are 30 year highs)

3. The state of Colorado has one of the highest foreclosure rates in the country! Nearly 1 home in every 60 went into foreclosure.

4. June 2007 inventory was up 20% over June 2006, While sales were down more than 15%.!

All of these numbers seem to indicate one thing:

It is or will soon be a Colorado Springs real estate investors dream environment developing here. The positives of Colorado Springs far outweigh the negatives and this is why it is believed that the market here will make a solid comeback at some point in the future.

If you are interested or know of someone who might be interested in moving into this area. Please have them contact a Colorado Springs REALTOR. Having a buyer represent your interests in the state of Colorado is 100% free to you as a buyer. Do not view a real estate opportunity without representation as it just does not make good sense to approach a REALTOR representing a seller without your own agent looking out for your own interests.

Colorado Springs Chosen as Top Big City to Live In

The Best Big City To Live In

Colorado Springs

Voted Best Big City To Live By Money Magazine in 2006!



The top big city in America to live in is Colorado Springs, Colorado. That is the view expressed by Money magazine late in 2006 and echoed by many other article writers. What makes Colorado Springs so amazing you ask? Well, for starters, many people believe it is one of the most beautiful cities in the United States. With breathtaking views of Mountains, including a place called Garden of the Gods, some areas of this city seem almost magical. The climate is mild, dry, and not humid, so that makes for cooler summers and warmer winters. There are even more sunny days here in Colorado than in Florida!



On a personal note, we have been dressed in shorts and a t-shirt in the middle of winter in this area (60 degrees or better). Most people perceive Colorado as having lots of snow and poor weather in the winter, and although this may be true a few days every year, that is not consistent with a majority of the days in Colorado Springs.



I point this out to you for one major reason: Colorado Springs real estate should hold its value and appreciate over the years. Colorado Springs is absolutely beautiful and, I imagine, will be an attractive retirement area for baby boomers over the next 10 - 15 years. The constant movement of military in and out of the area also provides some element of Colorado Springs homes for sale stability.



Pay close attention to real estate prices in this area over the next few years and see for yourself. If you are interested in learning more about this area in terms of real estate or homes sales, please contact a Colorado Springs REALTOR who would be glad to assist you. Colorado is a beautiful bargain right now ..... Come get your piece of paradise.

For information about Colorado Springs commercial real estate please speak with Mike Stuard.