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% (
When 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.
While 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
In 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.
This 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.
I 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
Overpricing 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