Monthly Archives: April 2020
Buying a Home in Colorado Springs Right Now: Easy? No. Smart? Yes.
Through all the volatility in the economy right now, some have put their Colorado Springs search for a home on hold, yet others have not. According to ShowingTime, the real estate industry’s leading showing management technology provider, buyers have started to reappear over the last several weeks. In the latest report, they revealed: “The March ShowingTime... Read More
Rise to the Top by Selling Your Colorado Springs House Today
With the release of the latest Economic Pulse Flash Survey from the National Association of Realtors (NAR), results show that people selling their houses today are holding strong on price. According to the most recent data, 74% of real estate agents noted that sellers are not dropping listing prices to attract more buyers. Lawrence Yun, Chief Economist at NAR, noted: “The housing market... Read More
What Impact Might COVID-19 Have on Colorado Springs Home Values?
A big challenge facing the housing industry is determining what impact the current pandemic may have on Colorado Springs home values. Some buyers are hoping for major price reductions because the health crisis is straining the economy. The price of any item, however, is determined by supply and demand, which is how many items are available in... Read More
Keys to Selling Your Colorado Springs House Virtually
In a recent survey by realtor.com, people thinking about selling their homes indicated they’re generally willing to allow their agent and some potential buyers inside if done under the right conditions. They’re less comfortable, however, hosting an open house and in Colorado open houses are not allowed by the State or CAR (Colorado Association of Realtors).... Read More
How Technology is Helping Colorado Springs Buyers Navigate the Home Search Process
Some Highlights: A recent realtor.com survey revealed that buyers are still considering moving forward with the homebuying process, even if they can’t see the home in-person. While they still prefer to physically see a home, virtual home tours and accurate listing information top the list of tech specs buyers find most helpful in today’s process.... Read More
Colorado Springs Homebuyers Want Lower Prices. Sellers Disagree.
The uncertainty the world faces today due to the COVID-19 pandemic is causing so many things to change. The way we interact, the way we do business, even the way we buy and sell real estate is changing. This is a moment in time that’s even sparking some Colorado Springs buyers to search for a better... Read More
Think This Is a Colorado Springs Housing Crisis? Think Again.
With all of the unanswered questions caused by COVID-19 and the economic slowdown we’re experiencing across the country today, many are asking if the Colorado Springs housing market is in trouble. For those who remember 2008, it’s logical to ask that question. Many of us have experienced financial hardships, lost homes, and were out of... Read More
What If I Need to Sell My Home In Colorado Springs? What Can I Do?
Every day that passes, people have a need to buy and sell homes in Colorado Springs. That doesn’t stop during the current pandemic. If you’ve had a major life change recently, whether with your job or your family situation, you may be in a position where you need to sell your home – and fast.... Read More
U.S Recession? Yes. Colorado Springs Housing Crash? No.
With over 90% of Americans now under a shelter-in-place order, many experts are warning that the American economy is heading toward a recession, if it’s not in one already. What does that mean to the residential real estate market? What is a recession? According to the National Bureau of Economic Research: “A recession is a significant... Read More
Why Home Office Space Is More Desirable Than Ever
For years, we’ve all heard about the most desirable home features buyers are looking for, from upgraded kitchens to remodeled bathrooms, master suites, and more. The latest on the hotlist, however, might surprise you: home offices. In a recent article by George Ratiu, Senior Economist with realtor.com, he notes how listings with an office are selling quickly: “As more companies... Read More