After graduating college, Courtney worked for a new home builder here in Colorado Springs for a couple of years before becoming a licensed real estate professional in the summer of 1997. With close to 20 years in real estate, helping buyers and sellers exceed their real estate goals, remains her true passion. From traditional residential sales, to investment, second home, resort, and fix and flip properties, Courtney's experience, skill, dedication, go get 'em attitude, and never say never spirit, are what help set her apart in this industry.


The military also hold a soft spot in Courtney's heart. With so many military installations in Colorado Springs, she became a member of the Volunteer Realtor Program at Fort Carson years ago so that she could learn the unique nuances of military transfers both in and out of state, country, and world. Since that time, she has helped 100s of military families make these sometimes difficult move that much easier!


In her spare time, her son takes priority. From walking the golf course with him during his school golf tournaments, from score keeping his traveling team's basketball games most weekend evenings, from getting him out on the trails with her so that he can grow up appreciating and respecting the beauty and perfection that is this great state of Colorado, her son is typically right by her side.

Real Estate Inventory in Colorado Springs: What is causing the shortage?

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Wondering why Colorado Springs is seeing a severe shortage of inventory this year?  Here are a couple of reasons: 

First, the median price of a home in Denver is currently $377,500, and the median price of a home in Colorado Springs is $246,800.  As a result, folks from South Denver are having so much trouble finding a home to purchase there locally, that they are willing to commute the 45 minutes or so to Colorado Springs to save over $100,000 when purchasing a new home.  
 
As a result, though, this migration is creating a large deficit in inventory for my own clients and customers who are here in Colorado Springs.The struggle really is real now, but for those of us practicing residential real estate, it is such a very, very good one! 
 
Another reason is a combination of economic ones....the potential for increased interest rates, something that has not been done since the financial crisis that lasted from late 2007 through early summer, 2009, increasing apartment rents, a two-bedroom apartment in Colorado Springs rents for, on average, close to $1,200/month, and inflation are all contributing to buyers getting off the fence and into a home purchase. 
 
This influx of would-be renters who are now want to be buyers is also contributing to keeping inventory at record lows. 
 
While it is always a wise decision, in any market, to interview your real estate professional before hiring them to work for you, it is especially important in a market as unique as this one. 
 
Find the right real estate professional who has the experience and longevity to successfully help you wade through all of the land mines that accompany a market that has not seen these kinds of shortages since mid-2001, and you are gold! 
 
 
It would be my pleasure to answer any questions you may have regarding the market itself, and/or to help you to formulate exactly what questions you should be asking your potential agent for hire!
 
Happy Hunting! 
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Top 4 Things you Need to Know about Appraisals

Top 4 Things you Need to Know about Appraisals

The appraisal of a home is a vital part of any real estate transaction, and the role of an appraiser is possibly one of the most critical parts of the entire transaction. See below as to how you, as a Seller, can be way ahead of the learning curve with just a few helpful hints from me when are you ready to put your home on the market for sale!

1. Appraisers are always hyper sensitive to contributing to potentially over inflating any real estate market. And, with multiple offers being the norm in most price ranges here in Colorado Springs, they are even more so.  Encourage your real estate broker to have comparable sold data ready to present to an appraiser. This data should support whatever sales price the buyer and seller finally agree to...ESPECIALLY vital if that sales price is OVER what the original list price was.

2. Most real estate brokers are ridiculously busy right now, but that ABSOLUTELY DOES NOT excuse your real estate broker from not showing up to your home, with comparable sold data and a list of every improvement made to the home in hand to meet the appraiser for his or her site inspection. Your real estate broker knows your home better than the appraiser does, so make sure your real estate broker shows up and represents!

3. Your real estate broker should be as descriptive as possible about your real estate listing and include, if at all possible, ALL 36 photos that the Pikes Peak MLS allows. It helps an appraiser immensely to include photos of the front of your home, the rear of your home, the street view of your home, and all major rooms in your home as well as the features of the home itself. Again, your real estate broker knows your home better than the appraiser does. 

4. What your real estate broker should tell you, from the very beginning, about the role of an appraiser in a real estate transaction? The role of the appraiser is actually NOT to confirm the sales price, but to provide the Buyer's lender an independent, objective, and completely impartial opinion of the value of your home. This value of your home is considered the collateral to which the Buyer's loan would be based.

Happy Selling! 

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Why People Move to Colorado Springs

Why People Move to Colorado Springs

There are probably a gazillion reasons why so many people are moving to Colorado, year after year, and after 27 years of living here myself, here are just a few of my own:

WE HAVE JOBS! And we apparently have A LOT of them, and in a wide range of industries, especially in the professional and business sectors. As of November, 2016, the unemployment rate for the country was 4.6%. As of November, 2016, the unemployment rate for Colorado was 3.2%.

WE HAVE MOUNTAINS! The Front Range, to include Denver, Colorado Springs, and Pueblo is no more than an hour and a half drive to world class hiking, mountain biking, skiing, camping, and some of the most breathtaking views of the majestic Rocky Mountains in the country. Summer, Winter, Fall, Spring, you will never be without a ton of different options as you head west into Colorado's mountains.

WE ARE FIT! Colorado routinely ranks in the top ten for healthiest states in the country, and we routinely have very low obesity rates. Combine those stats with 300+ days of sunshine a year, and the almost obscene popularity of physical, outdoor activities, and you find yourself with a very healthy and fit population!

WE HAVE PRO SPORTS! So, if you are into that, you have a plethora of which to choose. The Denver Broncos play at Mile High Stadium in Denver and you may or may not have heard that they won the Super Bowl last year. The Colorado Avalanche (hockey) and the Denver Nuggets (men's basketball) share the Pepsi Center in Denver and both are always fun and great for a night out! The Colorado Rockies play baseball at Coors Field which is one of the most spectacular stadiums in the country with the stunning Rocky Mountains in the backdrop. Colorado even has a professional soccer team and two professional lacrosse teams!

WE HAVE ARTS AND CULTURE! So, if you are into that, you also have plethora with which to choose. Colorado's music, dance, theatre, and visual arts organizations are known here for presenting popular masterpieces and innovative, creative new works pretty much year round. Our state's long tradition of stellar cultural events, performing arts series, and indoor and outdoor art festivals ensure that there is always something amazing to do and see here and you will are pretty much always guaranteed to be entertained!

Need more reasons to move to our great state? Give me a call! We could talk the benefits and beauty of living here until I am blue in the face! 

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Fears and Worries of Home Buyers

Fears and Worries of Home Buyers

Have you, or someone you know, been considering purchasing a home but the associated worries seem to be too overwhelming? Here are a few thoughts that should hopefully help alleviate those concerns.

b2ap3 large one Worried about the associated costs required to purchase a home? Worried that you will not be able to take vacations or go out to dinner or plan for retirement because all of your current savings will be drained? DON'T BE. In this day and age, it is relatively inexpensive to purchase a home. VA loans require no down payment, and FHA loans require only a 3.5% down payment, and there are programs out there now that offer either down payment assistance or even down payment grants! Concerned about your closings costs? DON'T BE! Most savvy real estate professionals can get the Seller to pay your closing costs for you during the negotiation process!

b2ap3 icon twoWorried you might not ever find a home you really like? First and foremost....don't settle, on a mediocre home, or on a mediocre real estate professional. If you work with the right real estate broker, they will take as long as you need until you find the home that is perfect for you. If you are feeling rushed or pressured by a real estate professional to hurry up and buy something, find another real estate professional! You deserve the time, patience, and respect that is needed to help you with perhaps the biggest purchase of your life!

b2ap3 icon threeWorried about buying a home that will have tons of repairs that are found only after you purchase it? Completely legitimate concern, but it can be alleviated two fold. A. Hire a professional home inspector to inspect your home prior to closing. A home inspector's job is to make sure you know every possible thing, both good and bad, about the home. A home inspector can also give you an idea of how much certain bigger repair items might cost so that you can go back to the Seller and ask them to correct the issue(s) before closing. B. Purchase a home warranty that can potentially cover costly home repairs and replacements due to normal wear and tear after you have closed on your new home. (A home warranty is a separate contract that covers repairs and replacements on systems in your home and coverage typically lasts for a one year period).

b2ap3 icon fourWorried that it is cheaper to rent than own? In most areas of the United States, it currently is not, and for Colorado Springs specifically, it definitely is not. If you are fairly certain that you will be in one place for at least three years, it just makes sense to purchase versus rent. Think about it this way: Rent money literally disappears, and you are not able to build ANY equity like you would with owning a home. Rent money pays your landlord's mortgage not your own. Rent money does not allow you vital federal tax deductions that come with owning a home. If in true doubt, use a rent vs. buy calculator to crunch the numbers or contact a local real estate professional for more insight.

Fear of the unknown causes quite a few of us to not make potentially good decisions. It is okay to be afraid, and it is definitely okay to ask questions...a lot of them! I am always here to answer your questions and even the ones that you may not even know that you have...I am ready when YOU are ready!

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Why you should not rule out selling your home in the winter months

Why you should not rule out selling your home in the winter months

Winter will here before we know it, but that should not give you any concern at all if you are considering putting your home on the market for sale in the next few months.  Here are my reasons why:

1. The winter market can be less competitive for Sellers since many families will wait until Spring to list their home. Economics 101: Supply and demand.  Supply goes down, price goes up. This creates a unique opportunity for a Seller to make a little more money just by selling in the Winter months.

2.  The smaller amount of inventory in the form of active listings will allow Sellers to get more attention from a bigger pool of Buyers. This bigger pool of Buyers creates another unique opportunity for Sellers in the Winter months.  A bigger pool of existing Buyers will typically translate into shorter times before a Seller can expect an offer.  

3.  Many people do not know this, but many larger corporations will transfer existing employees or hire new ones early in the new year. During this time period, and especially in larger metro markets like Denver and Colorado Springs, this activity tends to produce highly motivated Buyers for Sellers listing their homes in the Winter.

4.  Buyers looking to purchase in the winter tend to be more bound and determined to buy. Most folks will not do a great deal of window shopping in the harsher weather months of December and January like they tend to do in warmer months like March and April. Listing your home in the Winter will likely eliminate some of the 'lookie loos' of the Spring months.   

To support my rationale, I found a study that came out in late December, 2013 from the online brokerage firm, Redfin. This study found that Sellers net more above asking price during the months of December, January, February, and March than they do from June through November. Further, homes listed in Winter sold faster than those listed in Spring. The likelihood of selling a home when listing in Denver broke down like this:  If you listed your home in Winter, you had a 77% chance of getting it sold in six months or less, in the Spring, you had a 64% chance, in the Summer, you had a 63% chance, and in the Fall, you had a 68% chance.

Winter is coming friends, and numbers don't lie! If you are needing or wanting to sell your home in the Winter months, you can and with confidence! Feel free to give me a call.

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