Colorado Springs Real Estate INSIDER

October 2014 Colorado Springs Real Estate Market Report

 

The Colorado Springs Real Estate Market for October, 2014

According to the new data released by the Pikes Peak Association of REALTORS®, the Colorado Springs real estate market is steadily selling inventory, while also gaining more home buyers. This is an indicator of a strong housing market that is leaning more towards a sellers market in many areas. Let's take a look:

September 2014 Colorado Springs Real Estate Statistics

  • New Listings: 1,187 (Up -1.3% from last year)
  • Sold Listings: 9,72 (Up +4.6% from last year)
  • Total Active Listings: 3,501 (Down -10.5% from last year)
  • Average Sales Price: $256,678 (Up +3.6% from last year)
  • Total Under Contract: 1,710 (Up +20.98% from last year)
  • List To Sold Price Ratio: 98.4% (
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5 Common Home Buying FeesWhen you are looking at homes online, the sales price of the home listed for sale is not the only cost associated with buying the home. There are many other fees that are associated with buying a house and owning real estate in general. This article will help you breakdown these fees and get a better understanding of the additional costs of buying a house.

I have broken the fees down into 4 separate sections: Purchasing Fees, Mortgage Fees, Title Company Fees, and Home Ownership Fees. I’ve tried to make it easy so you can browse through and read about the extra fees that you may not be familiar with. Let’s start by taking a look at the main fees associated with purchasing a house.

THE 5 MOST COMMON FEES ASSOCIATED WITH PURCHASING A HOUSE

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September 2014 Colorado Springs Real Estate Market Report

The Colorado Springs Real Estate Market in September

According to the new data released by the Pikes Peak Association of REALTORS®, the Colorado Springs real estate market looked very good last month. Let's take a look:

September 2014 Colorado Springs Real Estate Statistics

  • New Listings: 1,249 (Up +8.0% from last year)
  • Sold Listings: 1,026 (Up +23.8% from last year)
  • Total Active Listings: 3,834 (Down -5.9% from last year)
  • Average Sales Price: $253,218 (Up +3.1% from last year)
  • Total Under Contract: 1,759 (Up +13.9% from last year)
  • List To Sold Price Ratio: 98.3% (Up +0.2% from last year)
  • Days on the Market: 82 Days (Up +20.1% from last year)

The two most encouraging and dramatic data increases in our September

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18 experts discuss the affects of the internet on real estateWhile I was in a real estate designation class at my local MLS a few weeks ago, a fellow Realtor started a discussion about the recent Zillow/Trulia merger. As the instructor started talking about it, he seemed to get overwhelmed by the amount of questions from other Realtors in the room asking how this will affect the industry. He went on to talk about how things used to be before the internet and how difficult it has been to adapt to the changes that the internet has brought to the industry. I was struck with the realization that the internet is the most powerful business tool available, yet it is also one of the least understood tools by many real estate pros. The conversation ended with the instructor stating that he was getting depressed and wanted

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August 2014 Colorado Springs Real Estate Market Report

The Colorado Springs Real Estate Market is Sending Mixed Signals

According to the new data released by the Pikes Peak Association of REALTORS®, the Colorado Springs real estate market is sending mixed signals. Let's take a look:

August 2014 Colorado Springs Real Estate Statistics

  • New Listings: 1,422 (Down -2.8% from last year)
  • Sold Listings: 1,111 (Up +0.5% from last year)
  • Total Active Listings: 4,104 (Down -3.5% from last year)
  • Average Sales Price: $258,398 (Up +3.7% from last year)
  • Total Under Contract: 1,933 (Up +8.1% from last year)
  • List To Sold Price Ratio: 98.2% (Up +0.2% from last year)
  • Days on the Market: 84 Days (Down -8.7 from last year)

All of the numbers above point to a strong housing market that

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Which Local Real Estate IDX Websites Actually Rank On Google in 2019?
Click the link to see see the results from our latest study.

My Journey Through IDX Wordpress OptionsIn February of 2014, I wrote an article titled “A Few Major Drawbacks to Using IDX Broker Platinum” after a very frustrating series of events dealing with IDX Broker. When I wrote the article, I had no idea that there were hundreds of other real estate professionals out there who were also struggling with IDX Broker, or a similar IDX service. After over a year of trial and error, and substantial expense, I have finally found a real estate website company who makes a product that works well for me, yet still has it’s limitations.

It’s overwhelmingly obvious that there is a need for technology gurus to develop better IDX

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How Well Does Your House Compete Online

According to Google, some of the most competitive keywords in the industry are real estate keywords. The mortgage industry has the 3rd highest pay per click at $44.28 per click, as of January 2014. This industry is increasingly learning how to be more competitive online. According to the National Association of Realtors®, real estate related searches on Google have grown by 253% over the last four years. This is a trend that shows no signs of letting up.

If you’re considering listing your home for sale, it’s highly likely that you are also checking the market for what you can buy once you have sold your home. So, what methods do you use to find properties that interest you? If you’re like 90% of home buyers, you search the web to see what your

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Andrew Fortune Great Colorado HomesThis is a guest post by Shanne Sleder, an experience Morgage Broker with years of experience and expert tips for home buyers and sellers. We are please to collaborate with Shanne and hope that you take the time to read what he has to say about home buying and selling options in the Mortgage industry.

5 Home Buying Tips from a Mortgage ProfessionalI would like to take a moment and introduce myself to the readers of GreatColoradoHomes.com. My name is Shanne Sleder and I am a Mortgage Broker and Banker from San Diego, California and the author of SanDiegoMortgageNews.net. Andrew contributed recently to one of my all-time most popular posts on Home Buying Tips, and since that post did so well, Andrew was kind enough to ask me to share with his readers some more detailed home buying tips on

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Have you ever experienced the nightmare of listing your house for sale and having very little showing activity and/or zero offers for months at a time? If so, then you understand the impact that an experience like this can have on your life. In an effort to help protect home sellers from this experience, I have collaborated with HouseHunt.com to create a list of the Top 5 Mistakes That Home Sellers Make.

Here's an infograph created by HouseHunt.com that breaks down each mistake into an easy-to-follow guide for your reference.

Top 5 Mistakes When Selling Your Home

 

Mistake #1 - Pricing The Home Wrong

Pricing Your Home Too HighOverpricing a home is the most common mistake that home sellers make. This can occur when a home seller has a lacks understanding of their local real estate market and

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Photo Tour of Spruce Mountain Open Space Trail

 

Looking for things to do in the Colorado Springs area? Try hiking the Spruce Mountain Trail in Larkspur, CO. The Spruce Mountain Open Space Trail is a captivating experience which offers breathtaking views, ever changing terrain, and a solid hiking experience that will captivate anyone interested in Colorado's beautiful landscapes.

What To Expect

The main hiking loop around the top of Spruce Mountain is about 2.5 miles. The hike up to the mountain top and back down is roughly 2.5 miles round trip. On average, hikers can expect to travel around 5 to 6 miles total on the Spruce Mountain Open Space Trail. The terrain is family friendly. My family has hiked this trail, even my 3 year old can

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