Real Estate Blog

It’s so easy to fall in love with a home’s luxury features. After all, who wouldn’t love to indulge in a chef’s kitchen or backyard pool? All of these features can really make a home stand out, and after just a glance you may find yourself tempted to add them to your “must-have” list. Below are some of the more common luxury home features that you’ll probably come across, and the pros and cons of each.

Wine Cellar with Tasting Room

For the luxury home buyers, a wine cellar is a real selling point. However, unless your home is located in a vineyard, or unless you are a serious connoisseur, a wine cellar will be more costly than it’s worth. Not only do these rooms (some of which are massive) take up a great deal of space, they also require keeping

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According to the Pikes Peak Association of REALTORS®, here is a breakdown of the Colorado Springs real estate market in August, 2018:

Overview

The city's real estate market continues to shift slightly, with some signs of a slowdown. Whether you're buying or listing, now is a great time to hire a local, experienced realtor to help you navigate the current market, and ensure a smooth transaction.

Have any questions about the local market, or just looking for tips? We've helped people buy and sell homes in the Colorado Springs area for over 30 years. Feel free to reach out to our real estate team today and we'll be happy to help you!

Colorado Springs Market Report August 2018

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common buyer errors

 

Shopping for a new home is an emotional experience. It is, however, also a business transaction, and a big one at that. Get too caught up in the emotions, and you risk making some big mistakes. Three of the most devastating things that can go wrong are:

  1.        Paying too much
  2.        Losing a dream home to another buyer
  3.        Buying the wrong home

What you need to know before purchasing your next home.

When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. The following tips will assist you in making an informed decision when purchasing your new home.

Get the Information You Need

What price do you offer a seller? Is the seller’s asking price too high? Is it a deal? Your own

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seller tips

Colorado Springs might be a seller’s market now, but that doesn’t mean selling your home is a smooth, easy process. Many sellers underestimate just how stressful selling really is — and how much of a toll that stress can have on their lives. Follow some of our home selling survival tips below to make the process a little easier.

Set your Goals

Most people selling their home have a goal to sell at a great price in a few months or less but it helps to have more detailed goals in mind.

Before selling, sit down and outline your goals. Think about possible home improvements and inspections, and how much you’re willing to spend, as well as your ideal outcome and timeline. With solid goals in mind, you will be more focused and less likely to make

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According to the Pikes Peak Association of REALTORS®, here is a breakdown of the Colorado Springs real estate market in July, 2018:

You can see the area's real estate market is very slowly starting to shift, with stats across the board showing signs of a slowdown compared to June. Whether you're buying or listing, now is a great time to hire a local, experienced realtor to help you navigate the current market, and ensure a smooth transaction.

Have any questions about the local market, or just looking for tips? We've helped people buy and sell homes in the Colorado Springs area for over 30 years. Feel free to reach out to our real estate team today and we'll be happy to help you!

colorado springs july market report

 

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Real estate is anything but boring. Every home, situation and transaction is different, and no two home sales are the same. Unfortunately, some of these transactions don’t go as smoothly as we’d like. Most real estate “hiccups” are pretty minor, but some can be much more serious. Here are some common ways real estate sales can go wrong, and how you can avoid them.

1. Unknown Issues with the Home

If you are selling your home, be aware: nothing causes buyers to jump ship faster than a home inspection that reports major issues. There’s a good chance that you won’t even be aware that your home even has an issue. If you are listing your home, avoid getting any nasty surprises, and possibly losing out on the home sale, by getting a pre-inspection.

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Buying property in the Colorado Springs area is an exciting decision, whether you’re buying your first home in town, a vacation property by the Broadmoor, or a parcel of land out by Falcon. When it comes to our current real estate market, however, there are special factors to consider that may not exist where you’re currently living.

Hiring a local Colorado Springs realtor to buy your home will help you navigate anything our market throws your way, from fixer-uppers, to the sellers’ market, to finding the best school districts — and will help you get the best possible price on the Colorado home of your dreams. Still not convinced? Here are some big reasons why you need a Colorado Springs realtor:

Local Market Expertise

Did you know that 87

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buying a for sale by owner home right

Buying a home is one of the biggest purchases you’ll make in your life, and you might be tempted to save some money when you see that “For Sale By Owner” sign outside a beautiful home. But is buying a For Sale by Owner home right for you? Consider the following before taking the leap:

Risk

If you go it alone with an owner-sold property, you won’t have the “safety net” of a real estate agent’s services and experience. This can be especially risky if you plan on purchasing a home in a town that you’re not familiar with, and even more risky if it’s in a different state.

The expert guidance of a realtor can help you avoid common pitfalls, understand local housing laws, and ensure that the transaction goes smoothly.

Negotiation

Working

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what to expect when you move to colorado springs

Are you thinking of ditching your life in the big city, the midwest or the East coast for a new life in the mountains? We think you’ll absolutely love it here, but the views and the lifestyle are a little different. Here’s a list of things you can expect when you move to Colorado Springs.

High Altitude Life

At a lofty 6,000 feet in elevation, Colorado Springs is even higher than the Mile High city of Denver. This can affect everything from your short term health, to cooking and gardening. Here are some quick tips to adjust:

  • Be aware of altitude sickness. When you first arrive, be sure to drink plenty of water, avoid strenuous activity, and apply plenty of sunscreen. If you already work out, adjust your routine to give your body time to
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what to expect on the final walkthrough

You have waited weeks to finally move into your Colorado dream home, and the official closing is only days away. Hooray! For the homebuyer, this is the final stretch, with only one final step to take: the aptly-named, final walkthrough.

The final walkthrough is a small but important step that usually occurs about a week before closing. This is the chance for you to take one last look at your soon-to-be new home to make sure that it’s just about move-in ready, and that the seller has the home in the condition you both agreed on. The final walkthrough is also the only chance a homebuyer has of checking whether anything came up after the home inspection.

The final walkthrough is not as official or thorough as the home inspection. In fact, it should

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