Real Estate Information Archive

Blog

Displaying blog entries 1-2 of 2

2014 August Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on the results for August. Single Family & Patio Homes

Black Forest: 24 Sales for a total dollar volume of $9,494,800

Briargate: 78 Sales for a total dollar volume of $24,634,543

Central: 59 Sales for a total dollar volume of $12,367,500

East: 72 Sales for a total dollar volume of $14,805,325

Fountain Valley: 148 Sales for a total dollar volume of $30,260,655

Falcon - Peyton: 66 Sales for a total dollar volume of $18,824,084

Marksheffel: 13 Sales for a total dollar volume of $3,104,013

Northeast: 91 Sales for a total dollar volume of $22,377,219

Northwest: 42 Sales for a total dollar volume of $15,058,769

Northgate: 36 Sales for a total dollar volume of $13,199,055

Old Colorado City: 23 Sales for a total dollar volume of $5,057,300

Powers: 117 Sales for a total dollar volume of $28,574,647

Southeast: 54 Sales for a total dollar volume of $8,096,725

Southwest: 52 Sales for a total dollar volume of $16,140,435

Tri-Lakes: 53 Sales for a total dollar volume of $20,548,357

West: 24 Sales for a total dollar volume of $6,604,670

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 8/1/2014 through 8/31/2014.  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."

 

The Crystal Ball

by The Colorado Springs Group™

No one has one, but apparently it's always the best time to sell and the best time to buy. I've never really understood how that could be. If you listen to NAR, I would suggest reading up on their predictions over the past 10 years to see how accurate the experts have been. If an expert says something that isn't going to benefit the notion of buy now, sell now... you can always find another expert.

Rates will never be better, or rates are at a historical low... anyone heard that one sometime in the past 10 years? I have to say there is no way rates can hold forever, but so far everyone that has said this won't last long has been wrong. Sooner or later they will be right, but even a dead watch is right twice a day. 

Our clients know we always give it to them straight. It may not be the best time to buy, but we can make sure you are comfortable with what you are buying and the price you are paying. Not everyone can wait for the best time; life happens.

Even if it's not the best time to sell, is there a guarantee you are aware of that next year will be better or worse? The truth is there's not. Things will change, that's for sure. The market will cycle, it always has.

We are very fortunate for the military being here in Colorado Springs. It makes for an interesting but fairly stable market. However, we are not guaranteed that there will always be as many jobs, etc. so our market is something to be thankful for right now.

Displaying blog entries 1-2 of 2

Syndication

Categories

Archives

Share This Page

Contact Information

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