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2009 February Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on what happened during the February this year. Single Family & Patio Homes

Black Forest: 11 Sales for a total dollar volume of $3,385,760

Briargate: 29 Sales for a total dollar volume of $8,512,758

Central: 31 Sales for a total dollar volume of $3,959,340

East: 30 Sales for a total dollar volume of $4,592,208

Fountain Valley: 69 Sales for a total dollar volume of $10,765,443

Falcon - Peyton: 37 Sales for a total dollar volume of $8,511,292

Marksheffel: 8 Sales for a total dollar volume of $1,839,870

Northeast: 44 Sales for a total dollar volume of $9,170,050

Northwest: 19 Sales for a total dollar volume of $5,535,000

Northgate: 9 Sales for a total dollar volume of $2,599,900

Old Colorado City: 13 Sales for a total dollar volume of $2,109,000

Powers: 43 Sales for a total dollar volume of $8,549,492

Southeast: 38 Sales for a total dollar volume of $4,366,250

Southwest: 29 Sales for a total dollar volume of $9,551,800

Tri-Lakes: 23 Sales for a total dollar volume of $9,018,650

West: 10 Sales for a total dollar volume of $1,526,850

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 2/1/2009 through 2/28/2009.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

Leases

by The Colorado Springs Group™

There are no standard leases in Colorado, and the state does not create one to use. Any lease you see in our state needs to be read in detail, and you really need to question anything you do not understand or agree with. If you don't you're going to be living with an agreement you were not comfortable with before you signed it. Sometimes it's just a misunderstanding and/or need of clarification that can be resolved in a few minutes.

If we as a Realtors were to come up with a lease, the best steps we could take would be to have an attorney draw one up. Some people think they know enough to get by, and make the decision to create their own leases (very risky).

It's interesting when you see an updated or amended lease when there was no law change. This means that whomever wrote the lease has not address all situations, at least not as well as they could have. Just because an attorney draws up a lease doesn't mean it was an attorney with experience in the real estate area. When you hear that an attorney drew up a lease you should still ask questions to make sure you fully understand. 

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The Colorado Springs Group™
6665 Wild Indigo Drive
Colorado Springs CO 80923
(719) 799-3686

Kevin & Jessica
The Colorado Springs Group
6665 Wild Indigo Drive
Colorado Springs, CO 80923
(719) 799-3686