Is Home Market Buyer or Seller in Colorado Springs?

Home Market in Colorado Springs?

FOR SELLERS: Is the Colorado Springs real estate market good, bad or indifferent? The average time on the market has plummeted, yet the price difference between list price and sell price also dropped. These statistics clearly indicate the power of buyers for homes in Colorado Springs, but also the willingness of people to sign for a newer property. This is good news in that you can relocate if needed, but the real question is whether or not you will like the sale price. In general, Colorado Springs buyers do not want to purchase real estate the market has already investigated, but are not afraid to put an offer on the table for newer Colorado Springs properties.



At this point, it appears obvious that pricing a home for sale above the recommended pricing is not recommended. This market is not up to negotiation based on the statistics we have witnessed. In many cases, your Colorado Springs home buyer is going to negotiate anyway! Listen, do not do this right now if you are truly serious about getting this real estate sold in a buyers market. The first few weeks of a new listing are very important, and after the first month, many times the only way to catch a Colorado Springs buyer's interest is via more dramatic price reductions. Remember, there are more real estate listings on the market today than in any time in the history of Colorado Springs! Now is not the time to be asking buyers to get into a severe price war with you!



Your Colorado Springs REALTOR group looks forward to offering you further information in part 3 of this article. We will discuss Colorado Springs new homes builders and much more! Visit here for information about Colorado Springs commercial real estate. Stay tuned....

To Furnish, or Not to Furnish? - Home Selling Tips

To Furnish, or Not to Furnish? - Home Selling Tips

Do empty Colorado Springs homes for sale have a better chance of selling if they were furnished? A lot of realtors would prefer to list a furnished home because the numbers support that an empty home is typically harder to sell.

Let's Explore Some Colorado Springs Real Estate Tips Related To This Topic:

According to studies of the eye, an empty room will almost always appear smaller than a furnished room. When home buyers view Colorado Springs properties, they are trying to get an idea of how a home will work with their furnishings. In many cases, home buyers will relate the size and fit of furnishings already present in a home for sale to their own. If homes are empty, it makes this part of the buying process much more difficult.

Many home buyers will purchase a property based on a feeling. An empty home can sometimes give off the impression that, well, it is empty and all alone. An empty home will sometimes have a hard time giving off a warm inviting feel. Now, this is not always true with new homes or homes that have been completely remodeled from head to toe, but this article pertains to the typical homes for sale in a marketplace.

Another contributing factor to the reasons why empty homes are harder to sell is that there are fewer things to look at and draw a home buyers attention away to things that may not be perfect inside a home. A typical home buyer does want to spend their time making repairs and fixing glaring problems. By leaving a home empty, there is an increased likelihood that a small problem can appear bigger and more noticeable. For example, carpet stains will clearly
be visible in an empty home and uncovered walls will reveal holes, scratches and nicks that may be present.

Finally, the exterior of an empty home will often be worse for wear. It is a simple fact that homes which are empty are not lived in and are more likely to be neglected. For example, the lawn may not be properly watered and mowed or the walkways will have weeds growing through or be covered with dirt or debris. Never forget that curb appeal is a huge selling point for many home buyers. You never get a second chance to make a first impression with anything, including Colorado Springs real estate.

Currently, a majority of the United States is experiencing a buyers market. There is much competition between home sellers. This being the case, you really need to consider whether keeping a home empty is in your best interests at this time. If you must move out of your home due to a job relocation, you might consider soliciting the help of a professional home stager. This can be a viable alternative. As always, be sure to consult with a Colorado Springs REALTOR before making any decisions in this area. Visit here for more information about Colorado Springs commercial real estate.

Interior Colors Can Help You Sell Your Home

Interior Colors Can Help You Sell Your Home

We earlier talked about exterior home colors that can influence the sale of your Colorado Springs real estate. Now we will discuss how the interior colors add to the selling point of your Colorado Springs homes for sale.

Entryways should bring the exterior colors into the house. When you choose colors for the interiors, always bear in mind the functionality of each room. For example, kitchen and the dining area are frequently painted in "food colors" like the yellow of a scrambled egg, the tan of coffee with cream, the greens like those of salad. It should feel inviting and as natural as possible.

Colors also affect the room size. Those rooms painted with white or light colors make the room larger. And when an identical room size is painted with darker colors, it tends to appear smaller.

To harmonize the color of your home, try to repeat the shades of your exterior all over. It is good to use a slightly lighter shade of the exterior color in your living and family rooms. Put your best effort in choosing the finest color for your exterior since buyers would not bother to look inside if they did not like how it looks outside. So if you've captured them with your exterior colors, it's easier for them to appreciate what's inside.

Hence, play up with colors! A lot of people look better when surrounded by color. They are likely to sense happiness, too! And if the house can make them happy, it's a sale in no time!

Remember, if you are looking to sell your Colorado Springs real estate in as little time as possible, be sure to consider using a Colorado Springs REALTOR that will represent your best interests. If you have questions about Colorado Springs commercial real estate please contact Mike Stuard.

Color Selection for Your Home is Important for Real Estate Sales

Color Selection for Your Home - Colorado Springs Real Estate

Did you know that the color of your house can actually make or kill a sale? The honest answer is, YES!



There are particular colors, especially the subdued, complex tones that attract the rich or highly-educated buyers, while buyers with less income or less education normally favor basic colors.



Sophisticated colors contain tones of gray and brown. More often than not, it requires more than one word to illustrate. For example, denim blue as opposed to just "blue" or celadon green in contrast to plain "green".



Alternatively, uncomplicated colors are basic and pure. Regularly, houses that are in the lower price range sell faster and for higher prices when they are painted with basic colors such as yellow or tan, heightened by trimmings of green or blue or white.



But before you start to head to your paint stores and coat your Colorado Springs homes for sale in yellows, make sure you choose the right shade, otherwise it can kill the sale faster than you think!



For your home's exterior paint, try not to limit yourself to just two colors. Imagine exciting colors and go for a third or even fourth color. When there are more colors in the exterior, it adds emphasis to different architectural details of your Colorado Springs home. Plus don't forget that you can play up with gloss and semi-gloss paint on wood trim!



If you, or anyone you know, is interested in looking at Colorado Springs real estate as a possibility for relocation, contact a Colorado Springs REALTOR. For information about Colorado Springs commercial real estate please speak with Mike Stuard.

A Good Investment? - Homes and Real Estate Near Employers

A Good Investment? - Homes and Real Estate Near Employers

A recent survey found that people would pay more for real estate if it were closer to their work. They would even make a lateral job move for that type of option.
"What we are seeing signals a need for more homes to be constructed closer to job locations," said William Hudnut, discussing some survey conclusions at the National Association of Real Estate Editors conference in Philadelphia. The survey, conducted in April and early May, involved more than 1,000 commuters nationwide, including those with commutes of less than 30 minutes, 30 to 60 minutes, 60 to 90 minutes and more than 90 minutes.

Here is a quick summary of this real estate and homes commuting survey:

A majority of those with annual household incomes less than $50,000 would be, at the minimum, somewhat likely to move closer to work if more affordable homes were available.

A large majority of people surveyed aged 18-34 would be, at the minimum, somewhat likely to make a lateral employment move in exchange for a shorter commute; in addition, that same group would be, at the minimum, somewhat likely to move closer to work if affordable real estate properties were available.

A huge majority of respondents who commute more than 90 minutes daily said they would, at the minimum, be at least somewhat likely to consider a lateral job switch to cut their commute time more than half.

To expand further, there are strong indications that people would also be willing to sacrifice disposable income in order to make commuting to work a little more comfortable. Is this really any surprise? How many of us would love to get out of the rat race at least a little bit by being able to lower our commute home by even 10 minutes. However, employers, builders and others involved in these ultimate decisions don't seem to be readily seeing this situation.

"The reality is that moderate real estate can be developed near job locations in a way that provides a high quality of life, offering proximity to both amenities and work," Hudnut said.

The survey also queried employers, some with only a few employees and others with 100s, even 1000s. Companies seem to recognize the ramifications of longer commutes and lack of affordable housing in their area. Not too shocking, companies out West seemed to acknowledge this quickly.

The homes commute survey found from companies:

Companies with more than 100 employees saw a lack of affordable homes near their area. It was found that those same companies believed that longer commutes were having a negative impact on keeping quality low and mid-level employees. This survey also found that at least some employers believe that commutes increase employee stress, trigger negative emotion, cause more absenteeism, and contribute to employee turnover. Ironically, after these concessions, less than 37% of large companies believe it is important to be actively involved in providing employees with closer access to affordable homes. Real estate speculation near large employers in any area might be a decent decision, pending other factors.

In addition, home builders, apartment builders, etc. need to be aware of these statistics. It is a gift horse that is getting thrown under the bus it seems. During these tougher times in real estate, it would be wise to use these studies such as this to possibly shift some company missions and consider helping to shape a happier employee for larger companies.

If you are ever in need of services in Colorado Springs real estate, please be sure to contact a Colorado Springs REALTOR. They can help you to figure out the new homes market as well as resale, Colorado Springs homes for sale, etc. For nationwide assistance, contact your local REALTOR organization. Please contact Mike Stuard for more information about Colorado Springs commercial real estate.

Before Moving in, Don't Forget Basics

Don't Forget some Basics of Real Estate

Before you start sending out your invites for your Colorado Springs house warming, you might first want to consider reading the first 4 points that we have here in the article.
"Mind Over Matter";


You are enormously excited with having a new home in Colorado Springs! Who isn't? Keep in mind that buying home for sale is a critical and exhilarating course. You have to be careful in every decision that you make. Oftentimes, emotion gets in the way and clouds your judgment of whether you can actually afford to pay comfortably, and etc.


Look Before You Leap


Before you starting looking for Colorado Springs homes, it is imperative that you know very well how much you will be spending for your real estate. Along with that, getting qualified for financing will protect your price range and help you put off from being turned down after drastically falling in love with a particular home. In doing so, it furthermore keeps you away from the stress and worry of having to find a lender within a few days of conditionally buying a home. What's more, this could save you thousands of dollars when the rate increases while you are in the course of buying.


Know Your Rights


It is of the highest importance to be conscious of your rights and what to anticipate from a competent Colorado Springs REALTOR. A small error in a condition or clause could end up costing you time and money, or in some cases even void your contract.


Know More Negotiating Methods


Ideally, it is good to have regular communication with your Colorado Springs REALTOR for they will be able to notify you on many other proper ways to bargain a deal and still acquire the lowest cost on your Colorado Springs real estate. It does not always work when you start to roll the ball low to the seller. It hurts the chance at a suitable offer for both parties.

Explore Colorado Springs

Explore Colorado Springs

Colorado Springs provides never-ending prospects for cultural as well as economic growth. It's Downtown is a successful mix of historic homes and contemporary structures creating a distinctive, pedestrian-friendly neighborhood with small shops, coffee bars, galleries, parks and theaters. In the city center you will find the U.S. Olympic Center, the foremost training facility. It's geared toward American Olympians competing to be the next, best athletes of the world.



The northeast and northwest communities of Colorado Springs has something for everyone! Starting from entertainment choices, dining, shopping - such pleasurable lifestyle residents of planned communities enjoy. Many small, supportive communities of East Colorado Springs have seen development in the population and financial system. In Peyton, the setting remains to be more rural with countless ranches. Whereas retail companies and planned neighborhood are finding their way in Falcon. There are more Colorado Springs homes for sale options than at any time in the past.



The charm and amazement of Colorado Spring's natural landscape have stirred many people in the past 150 years, leading to constant progress of the city and its adjacent communities. Residents of Colorado Springs have unfastened themselves to a better way of life - with its various cultural interest, high-tech healthcare facilities, breathtaking views, outstanding schools, and thriving economy.



Colorado Springs is a wonderful place to live -- a growing city with the feel of a small city. If you are interested in Colorado Springs real estate opportunities, please contact a REALTOR in this area. Find information here about Colorado Springs commercial real estate.

Market Discussion - Colorado Springs Real Estate

How are market conditions in the Pikes Peak region today?

As a Colorado Springs Realtor group, we want to give you a quick summary of the local real estate market. Providing a small discussion for your information.


If you are a real estate investor, Colorado Springs may be a market for you to consider over the new few months. Conditions are pretty good for buyers...


This summary is based on information observed by Colorado Springs REALTORS, new homes groups, and individuals connected to real estate in Colorado Springs.


Homes For Sale In Colorado Springs:
The Colorado Springs homes sale season has begun. For many buyers, this will more than likely be a great time to purchase. For sellers, this could be a time filled with ups and downs. Here are some numbers concerning Colorado Springs and the metro area....


The market finally cracked 1000 units sold recently. More than 20% fewer units closed in 2007 than in 2006 for the month of May. There are more than 6500 single family homes for sale in Colorado Springs, more than 20% higher than 2006.


So, for Colorado Springs buyers, this could be one great season. The level of competition to sell a home has never been this high in Colorado Springs! If you have questions about Colorado Springs commercial real estate please contact Mike Stuard.

Stay tuned for part 2 of this Colorado Springs real estate report coming soon......

Enjoy Year Round Real Estate in Colorado Springs

Year Round Real Estate in Colorado Springs Created by Pleasant Climate

Here are some climate statistics for Colorado Springs that may be of interest to some of you. The numbers may surprise you a little bit as many people around the United States do not perceive Colorado as having such a moderate climate. Every piece of Colorado Springs real estate benefits from this wonderful climate.



Colorado Springs averages 250 days of sunshine per year, and receives 15.42 inches of annual precipitation.



Average snowfall for the area (included in the previous annual precipitation calculation) is 5.5" in November, 5.7" in December, 5.0" in January, 5.1" in February, 9.4" in March, and 6.3" in April.



Average January low and high temperatures are 14°F/ 42°F (-10°C/ 5.5°C) and average July low and high temperatures are 55°F/ 85°F (12.7°C/ 29.4°C). Colorado Springs has relatively mild winters, with large snow accumulations in the downtown area relatively rare, a strong warming sun due to the altitude, and only occasional episodic periods of sub-zero cold snaps and blizzards from October 31 to March/April.



If you are considering retirement or making a move for quality of life, you might consider looking into Colorado Springs homes for sale at this time. The market conditions are right for buyers and Colorado Springs itself has lots to offer. As always, be sure to consult with a Colorado Springs REALTOR before making any Colorado Springs real estate decisions in this area. Please contact Mike Stuard for more information about Colorado Springs commercial real estate.