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Category: Shift

    Colorado Springs August 2020 Housing Market Update

    By Phillip Martucci | September 9, 2020

    The housing market in Colorado Springs is stronger than ever. In August the average sales price increased by 1.7% from last month (July 2020). Comparing the average sales price in August 2019 to August 2020 the average sales price is up 17.3%. Listing inventory came down a bit to 0.6 months of active inventory. Comparing... Read More

    Colorado Springs – Renting vs Buying

    By Phillip Martucci | August 28, 2020

    The percentage of income needed to afford a median-priced home today is declining, while that for renting is on the rise. This is making buying a home an increasingly attractive option for many people, especially with low mortgage rates driving purchasing power. Connect with a Venterra Real Estate agent today if you’d like expert guidance on exploring your homebuying... Read More

    Colorado Springs July Market Update

    By Phillip Martucci | August 28, 2020

    Thinking of Selling you Colorado Springs home? Get a free home valuation today CLICK HERE More Resources Home Buying: Do You Know The Lingo? 3 Things to look for when buying a home in Colorado Springs Is Now A Good Time To Refinance My Home What You Can Do To Keep Your Dream Of Homeownership Moving... Read More

    Colorado Springs – Sellers Are Returning to the Housing Market

    By Phillip Martucci | August 28, 2020

    In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Director of Economic Research at realtor.com, explains: “Seller confidence has... Read More

    Buyers: Are You Ready for a Bidding War in Colorado Springs?

    By Phillip Martucci | July 19, 2020

    With businesses reopening throughout the country and some experts indicating early signs of a much-anticipated economic recovery, more homebuyers are actively entering the Colorado Springs housing market this summer. Today, housing is truly driving the U.S. economy forward. With so many buyers looking for homes to purchase and so few houses for sale right now, there’s... Read More

    Colorado Springs Real Estate Investing

    By Phillip Martucci | May 8, 2020

    Venterra Real Estate agents are talking with a lot of seasoned and beginner real estate investors and they’re all asking the same question. Is this the top of the real estate market? Are prices about to head lower? With the world in a pandemic with COVID-19, the uncertainty of what the Colorado Springs real estate... Read More

    Rise to the Top by Selling Your Colorado Springs House Today

    By Phillip Martucci | April 28, 2020

    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?

    By Phillip Martucci | April 28, 2020

    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

    How Technology is Helping Colorado Springs Buyers Navigate the Home Search Process

    By Phillip Martucci | April 17, 2020

    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.

    By Phillip Martucci | April 16, 2020

    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