Colorado Springs Real Estate Blog

 

November 2018 Colorado Springs Real Estate Market Statistics Infographic

 

The Colorado Springs Real Estate Market Insider Report for November 2018

According to the new data released by the Pikes Peak Association of REALTORS® for November 2018, the Colorado Springs real estate market is showing signs of a possible slow down.

The Bottom line:

November showed 12.7% drop in sales from last year while our median sales price still increased by 8%. The most interesting statistics it that we now have over 23% more homes listed this November as compared to last year.

Let's take a look at the November 2018 real estate market for Colorado Springs:

November 2018 Colorado Springs Real Estate Statistics

  • New Listings: 1,110 (Up +2.8% from last year)
  • Sold Listings: 1,096 (Down -12.7%
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Which Local Real Estate Websites Rank Best on Google in the U.S.?

Yes, it is possible to rank a local IDX real estate website on Google in 2019… but it’s MUCH harder than it used to be! The competition is fierce and the path to get there is complicated.

LOTS OF TALK WITH LITTLE RESULTS

Lots of TalkConversations about ranking local real estate websites never cease in Facebook groups. Everyone wants to do it, but very few ever actually pull it off.

If you Google the keywords “Real Estate SEO Expert”,  Google will return 18,000,000 results.  Yet there are only 10 spots on the first page of Google’s results for any keyword. Your odds of finding a true SEO expert are slim these days.

In this post, I will keep my opinions about SEO to myself and we'll simply let the data speak for itself.

WHICH BROKERAGES ARE RANKING

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What Does a Realtor Do? Listing Versus Buyers Agent

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 REALTORS® are known for helping people buy and sell real estate, but much of what a real estate agent actually does happens behind the scenes. A good REALTOR® will make your transaction flow smoothly through each step of the process, leaving the impression that their job is fairly simple. The fact is - that couldn't be further from the truth.

This article is designed to put the real estate agent role into perspective. It's a brutal job that doesn't get the recognition that it deserves because most people don't understand how complicated and expensive it is.

Being a Real Estate Agent is Exhausting!

Being A Realtor is ExhaustingAs you read through some of the tasks on the 290 duties listed in the infographic above, it

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October 2018 Colorado Springs Real Estate Market Statistics Infographic

 

The Colorado Springs Real Estate Market Insider Report for October 2018

According to the new data released by the Pikes Peak Association of REALTORS® for October 2018, the Colorado Springs real estate market is showing signs of a possible slow down.

The Bottom line:

October showed another drop in sales while our median sales price still increased by 8%. As sales continue to drop, the prices of homes will eventually drop as well. We are currently in the middle of a market shift from a seller's market to a buyer's market.

Let's take a look at the October 2018 real estate market for Colorado Springs:

October 2018 Colorado Springs Real Estate Statistics

  • New Listings: 1,439 (Up +2.2% from last year)
  • Sold
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September 2018 Colorado Springs Real Estate Market Statistics Infographic

 

The Colorado Springs Real Estate Market Report for September 2018

According to the new data released by the Pikes Peak Association of REALTORS® for September 2018, the Colorado Springs real estate market is showing signs of a possible slow down.

The Bottom line:

September showed a 15.7% drop in sales, which is the largest drop since 2007. At the same time, our median sales price increased by 10%. Our local real estate market appears to be shifting.

Let's take a look at the September 2018 real estate market for Colorado Springs:

September 2018 Colorado Springs Real Estate Statistics

  • New Listings: 1,517 (Up +5.0% from last year)
  • Sold Listings: 1,273 (Down -15.7% from last year)
  • Total Active
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August 2018 Colorado Springs Real Estate Market Statistics Infographic

 

The Colorado Springs Real Estate Market Report for August 2018

According to the new data released by the Pikes Peak Association of REALTORS® for August 2018, the Colorado Springs real estate market is showing signs of a possible slow down.

The Bottom line:

August showed a 7.8% drop in sales, while also showing a 10.3% increase in the median home price. The national real estate market appears to be slowing down, but our local housing demand is keeping home prices high in our area.

Let's take a look at the August 2018 real estate market for Colorado Springs:

August 2018 Colorado Springs Real Estate Statistics

  • New Listings: 1,786 (Down +4.0% from last year)
  • Sold Listings: 1,529 (Down -7.8% from last
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20 Steps To Prepare Your Home For Real Estate PhotosIf you've ever sold a home, you would probably agree that the day the photographer arrives is one of the most anxious times of the entire selling process. Everything has to be completely ready by the appointment time. It's a lot of stress.

As a photographer, it's common for me to show up on the day of a photo shoot to find the sellers frantically trying to finish the last steps of their cleaning & staging process. If you've ever been in this position, you understand the stress. The struggle is real.

Our Realtors work hard to help our clients get to this point of the selling process without much chaos. We use checklists and coaching visits from stagers, cleaners, and experienced agents to create a clear scope of work that makes our seller's homes

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July 2018 Colorado Springs Real Estate Market Statistics Infographic

 

The Colorado Springs Real Estate Market Report for July 2018

According to the new data released by the Pikes Peak Association of REALTORS® for July 2018, the Colorado Springs real estate market is showing signs of a possible slow down.

The Bottom line:

The Seller's Market trend of the past few years appears to be cooling off. Year-over-year homes sales are dropping slightly and our typical sales price increases are slowing down.

Let's take a look at the July 2018 real estate market for Colorado Springs:

July 2018 Colorado Springs Real Estate Statistics

  • New Listings: 1,884 (Down +3.1% from last year)
  • Sold Listings: 1,592 (Down -3.3% from last year)
  • Total Active Listings: 2,385 (Up +0.8% from last
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June 2018 Colorado Springs Real Estate Market Statistics Infographic

 

The Colorado Springs Real Estate Market Report for June 2018

According to the new data released by the Pikes Peak Association of REALTORS® for June 2018, the Colorado Springs real estate market is showing signs of a possible slow down.

The Bottom line:

We had nearly the same amount of homes sold this June as we did last year. At the same time, the median home price has risen 12% since last year. Those two numbers will have to balance out soon.

Let's take a look at the June 2018 real estate market for Colorado Springs:

June 2018 Colorado Springs Real Estate Statistics

  • New Listings: 2,051 (Up +10.0% from last year)
  • Sold Listings: 1,737 (Down -0.3% from last year)
  • Total Active Listings: 2,162 (Same
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How To Assume A VA LoanThe ability to assume a VA Loan is a great feature of the VA Home Loan Benefit. It allows a Veteran or active duty homeowner to sell their home to another willing and able buyer and have the new buyer assume the seller’s existing VA home loan. The buyer does not need to generate a new loan to purchase the house. This becomes a popular feature when interest rates rise, because the older existing loans will usually have lower rates.

What’s The Benefit of Assuming a VA Loan?

The main benefit of assuming a VA loan lies in the terms of the loan. If the current existing terms of the VA loan are more desirable than the current market terms, the VA Loan Assumption becomes valuable to the potential home buyers. If the buyers are eligible to assume the loan

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