Colorado Springs real estate market report for February 2017

After another impressive January, the Colorado Springs real estate remains set to break even more records this year than last. For the first time in several month, the number of sales declined by 8 percent, however, there was also 23.8 percent less inventory this year than last year. With a lack of supply the market became even more competitive than usual last month, dropping the Days on Market from 44 in January to 41 in February – both of which are down from the same time last year when the DOM was 60. This also pushed the average listing price of homes up to $301,385, and increase of 11% over last February. Does this mean that homes are 11% more expensive? Not necessarily. The median price is still up from last year, but dropped since January to

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Should you choose a bank or broker for your mortgage?

So you’ve found your dream home and you want to start the mortgage process to make things official. There are two options for buyers when it comes time to secure their local mortgage lender: either go with a mortgage broker or get a loan from a bank. Many homeowners will tell you exactly what they think the right choice is and while their opinions may be valid, they are often biased by their own past experiences. To find out which option is best for your personal needs, continue reading as we look at what it’s like to work with a mortgage broker versus bank:

What is a Mortgage Lender?

A mortgage lender refers to a bank or other financial institution that specializes in mortgage products. Banks employ loan officers who work off a combination of

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What to expect at your first open house

Sometimes, a necessary part of the home buying process is attending a few open houses. These are great opportunities to see a home without the pressure of scheduling a viewing. For first-time homebuyers, open houses are a great way to see what other homebuyers are looking at and speak to a real estate agent without making a huge commitment.

Here are a few tips and tricks of things you can expect and ways you can prepare should you go to an open house:

Make the Most Out of the Day

One of the best ways how to prepare for an open house as a buyer is by researching the neighborhood and finding more open houses happening on the same day. That way, you can make the most of the afternoon and see as many properties as possible.

Dress Appropriately

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5 easy ways to boost your credit rating fast

With the rising cost of rent in Colorado Springs, you might be thinking this year is finally the year you’re going to buy a home. This is an exciting time for anyone, but there’s one big thing that stands between you and your dream of owning: a mortgage.

While you might feel financially ready to take on a mortgage, it’s ultimately up to the lender to deem you responsible and financially stable. One of the ways they do that is to take a peek into your credit history. Maxing out your credit card in college or forgetting to pay a bill here and there might not seem like a big deal at the time, but it could come back to haunt you later in life when trying to apply for a large loan.

If you've been informed you have imperfect credit and need to boost

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How buying a new construction home could save you money

That new house smell is a draw for many homebuyers looking to purchase a property. New construction homes are popular with buyers for many reasons. For starters, you are living in a home that no one else has lived in. Additionally, there are many financial advantages to buying a new construction home. Some of the most significant financial reasons to buying a new home include:

The Work is Done

Although new construction homes can cost up to 20% more than resale properties, homeowners prefer a new construction because the work is done. If you purchase the home in the preconstruction phase, you are able to customize everything from the counters to the paint, saving you money when you move in because you won’t need to make any changes after the

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9532 Bryce Canyon in Cuchares Ranch

9532 Bryce Canyon Kitchen 1
9532 Bryce Canyon Kitchen main
9532 Bryce Canyon master bathroom
9532 Bryce Canyon master bedroom
9532 Bryce Canyon living room

On the hunt for a home near Peterson AFB? Then you don’t want to miss this immaculate home in Cuchares Ranch! This great new-home community is located on the fringes of Security-Widefield, surrounded by wide-open farmlands under breathtaking skies.

This gorgeous contemporary home was built just last year by local builder, Challenger Homes. Listed for $250,000, it features an 1,800 Sq. Ft. amenity-rich Reagan floorplan with a formal living room, spacious dining area, contemporary kitchen, a huge master bedroom with en-suite bathroom and walk-in closet. The secondary bedroom has a smaller walk-in closet and shares a bathroom with the third bedroom.

Other features include:

  • a convenient walk-in pantry;
  • a roomy upstairs laundry room;
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happy 1 year anniversary to military home search

On February 1, 2016, launched with one goal in mind: to be the best possible online resource for veterans relocating to Colorado Springs. In that time, we’ve met hundreds of individuals, couples, and young families, and have helped 113 of them become proud homeowners. This is an incredible achievement and we couldn’t have done it without you. Thank-you for letting us be a part of your homebuying journey, and above all: thank-you for your service to this country!

Some Of Our Happy New Homeowners!

5 happy clients

Evolving The Site Around You

comparing then vs nowA lot has changed since the site was launched just one year ago. We redesigned the homepage to make it easier for users to access homes near their preferred base and enhanced the core navigation

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January Colorado Springs real estate market report - 2017

It’s been a great start to the year for the Springs’ real estate market. The inventory of homes for sale dropped 13% between December and January, from 1,535 to 1,330. During this same time, the median and average price jumped from $255,000 to $265,000 and $287,924 to $298,774 respectively, and the average days on market increased from 40 to 44. Things are really starting to build up for the spring market, which tends to pick up in February and March. 

When comparing figures for this January to last, there has been a 13% increase in the average price and an 11% increase in the median price.

Already this year there have been more home sales at higher prices than there were last January and the demand for homes only continues to grow. The great

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do you need a realtor when buying a new construction home

As more new construction homes are starting to pop up around the countryside, more homebuyers are choosing to buy new properties rather than existing real estate. There are numerous benefits and advantages to new homes, which we won’t get into here.

One of the most common questions that we get asked about new construction homes is “Do I need a realtor when buying a new home? While it certainly is possible to do it without, there are definite benefits to working with a realtor instead:

Builders May Not Represent Your Best Interest

It’s easy to get carried away in a shiny, new presentation center with countertop swatches and floor plans neatly laid out, however, you have to keep in mind that a sales representative at a presentation center is

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Tips for hiring a contractor or handyman

No matter how new or old your home is, you will most certainly require help from a handyman at one point or another. Whether it’s fixing a leaky pipe or installing a new roof, regardless of the scope of the project, you want to make sure you hire someone who can get the job done efficiently and affordably.

Finding a good contractor or hiring a handyman is especially important when you’re taking care of the house alone if your partner is away or deployed. In these cases, getting some extra help from someone who knows what they’re doing is vital.

Here are 4 things to look for when hiring a good handyman or contractor:

1. Check the Reviews

In today’s digital age, it’s easy to find out everything you need to know about a business before

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