5 Things to Do this Weekend in Colorado Springs

5 Things to Do this Weekend in Colorado Springs

Endgame - Thursdays thru Saturdays 7:30pm, Sunday 4pm - Cottonwood Center for the Arts

Admission $6-$15. First premiering in 1957, the Star Bar Players take on Samuel Beckett's classic play. Full of contradictions, this play balances the comic and the tragic. For more info: http://cottonwoodcenterforthearts.com/schedule-tickets.

 

Faure's Requiem - Colorado Springs Chorale, Friday March 18th 7:30 pm, First United Methodist Church, 420 N. Nevada Ave

Admission $10, $25/family of 4. Directed by Deborah Jenkins Teske, The Colorado Springs Chorale and Chamber Singers of the Colorado Springs Choral Society perform the best known work of the French Composer Gabriel Faure. For more info: http://www.cschorale.org/#!blank/cbe.

 

Jazz Nites - Colorado Springs Conservatory, Friday March 18 at 7pm, 415 S. Sahwatch St

Colorado Springs Conservatory student jazz combo and Colorado Springs Conservatory Mentor Artists and Guests. Other dates Friday April 18th, 7pm. For more info: www.csconservatory.org.

 

Sustainability & Outdoor Living Expo, March 18, 19 & 20, Colorado Springs Event Center, 3960 Palmer Park

Admission $6 Youth $3, Under 10 Free. Come explore Tiny Houses, Urban Farming and enter the $4500 Nordic Hot Tub Giveaway. More info: www.sustainabilityexpo.net.

 

Atomic Landscapes - March 21 - May 5th, IDEA Space at Colorado College, 825 N. Cascade

Artists examine the history and legacy of the Cold War highlighting pivotal moments and physical sites of nuclear history. For more info: www.theideaspace.com.

 

 

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It's a Seller's Market for Sure!

I keep running into the same problem...not enough houses for sale for all the buyers right now.  Currently I am working with a sweet, young couple looking to buy their first home.  They both work and have 2 little children with a 3rd one on the way. So needless to say they are busy.  Time is limited. And when they do make  time to go view some houses, we are finding they go under contract before we can even set up a showing. It's so frustrating for them and for me.  I want to do the best job for them and make this a happy experience. But this is a tough, competitive market we are in. And to get their hopes up over and over is discouraging to say the least.

Example; we tried to view a new listing yesterday.  We were told "no showings are allowed right now." So we waited until the next day.  When I called to set up the showing I was told "no more showings period.  That house is now under contract." You can imagine our frustration. We never even got a chance to see it. I called the Seller's agent to find out more.

Here is what I learned: That house went on the market 2 days ago. The first day it had 21 showings. And they received 8 offers on it that night. Many of the offers they received were well above asking price.  The seller took the highest one and did not even have to pay any concessions. And, her buyer is so intent on closing this transaction that they have already indicated if the appraisal comes in lower than contract price, they will pay cash for the difference.  

This is what happens in a Seller's market. There aren't enough houses available to meet the current demand. Bidding wars occur. The highest offer gets the deal, and everyone else gets to go back out and try again for a different property.

My best advice in this type of market: Have your lender pre-qualification letter in hand when you hit the road and start looking. Any time you see a new listing come on market, try to be the first one through the door. If you like the house, DO NOT hesitate in writing your offer immediately. Go above asking price, as high as you can stomach. And...hire a good Realtor who knows how to work in such a market!

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What Day of the Week Should You List Your Home?

What Day of the Week Should You List Your Home?

Should you list your home on Thursday or Friday or even Sunday? There are many opinions as to the best day of the week to list your home. Redfin found that according to their analysis, homes listed on Fridays have a higher list to sale ratio compared to other days of the week. They also found that homes listed on Fridays had a greater likelihood of selling within 90 days. Fridays do tend to be the choice of most Realtors and statistically it is easy to see that Fridays have the highest percentage of homes listed on the MLS. Most home buyers are available to tour homes on the weekend with their agent giving your home a greater chance of being seen in person.

However Terrace 24, a brokerage in Atlanta did an analysis that showed that homes listed on Thursdays sold faster and for a higher price. Their analysis showed that of the homes that sold without a price reduction, homes listed on Thursdays sold for the fewest days on the market. They also found that in their area, homes listed on Thursday were more likely to receive an offer over the list price.

And what about Sundays? Redfin's study showed that homes listed on Sundays received the most online views. And with the least amount of homes being listed on Sundays, won't it stand to reason that your home will stand out more?

Whether you and your agent decide to list your home on Thursday, Friday or even Sunday, don't forget to make sure that both you and your home are ready. A MLS listing that is complete, accurate and full of outstanding photos will have a big impact on how fast your home will sell. If you need staging or preparation advice or want to talk about listing your home feel free to let me know.

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5 Things to Do this Weekend in Colorado Springs

5 Things to Do this Weekend in Colorado Springs

St. Patrick's Day Parade - Saturday, March 12th, 2016 - 12pm on Tejon Street from St. Vrain to Pioneers Museum

Lots to do this weekend to celebrate St. Patrick's Day. The Parade with it's floats, bagpipes and leprechauns kicks off at noon, but come earlier for the 50K Bike Ride at 8:30, the 5K Run at 10am and the Leprechaun Fun Run at 11am. Bring the whole family downtown join in the fun. For more info: www.csstpats.com.

 

Jay Leno at the Pikes Peak Center - Sunday, March 13th at 5 pm, 190 S. Cascade Ave.

Admission: $62-$117. One of the hardest working men in show business, Jay Leno comes to the Pikes Peak Center to do what he loves best, stand up comedy. Since retiring from "The Tonight Show", Jay has been focused on motorcycles and stand up comedy. Last year alone, he spent 210 days on the road. If you have missed seeing him in his late night role, this show is for you. For more info: http://www.pikespeakcenter.com/events.

 

Woodland Park Winter Market - Saturday, March 12th, 9am - 1pm, Ute Pass Cultural Center, 210 E. Midland Ave.

The Teller County Farmers Market Association presents the Monthly Indoor Market. This market runs the second Saturday from October through May. You can find vendors selling typical Farmers Market fare such as Vegetables from Greenhouse, Bread, Pies & Pastries; Jams, Honey & Pickles; Salsa &  Pasta; Birdseed, Birdhouses & Toys; Pet treats & Miscellaneous items; Natural Meats, Eggs & Cheese; Hot Food & Drink; Seasonal Specials; Holiday Wreaths & Swags. For more info: https://www.wpfarmersmarket.com/winter-market.html

 

"The Importance of Being Earnest" by the Milibo Art Theatre, Thursday-Saturday 7:30pm, Sunday 2pm through March 26th

Admission: $16-$25. The Milibo Art Theatre presents this Oscar Wilde classic play. You are probably used to the original physical comedy of Birgitta De Pree and Jim Jackson, and they bring it in full force for this delightful play. The show is about two male friends who invent imaginary character in an effort to win over the women they desire. For more info: http://www.themat.org/the-importance-of-being-earnest-2/

 

Family Science Exploration Day - Wester Museum of Mining and Industry, Saturday March 12th 10am - 3pm

Admission: Free with standard museum entrance fees. Come join the WMMI and explore the world of science. With presentations from the AFA Cadets, Pikes Peak Soaring Club, CSU Electricity Demos, Physics is Phun, Science Matters, 3D printing demos and rocket demos at noon this day should keep any budding scientist in awe. For more info: www.wmmi.org

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Fast Falcon Home Sales!!

While they have Peyton addresses, many people refer to the area surrounding Woodmen and Meridian Roads as "Falcon"... I'm talking Woodmen Hills, Meridian Ranch, Falcon Hill, Paint Brush Hills. This area struggled for several years during the economic downturn, but it seems to be coming back strong! I've been very fortunate to have some great clients with some sweet houses selling here in the past couple months... here are some of the details: 

Falcon Homes for Sale

9855 Liberty Grove

4 bed, 3 bath, 2 car walk-out ranch on .47 acres

12/4/15 listed

12/11/15 under contract (7 days!)

1/27/16 SOLD!

Falcon Homes for Sale  

8425 Garrison Rd

5 bedroom, 3 bath, 3 car, 3322 sq ft custom ranch on 1 acre 

1/1/16 listed

1/7/16 under contract (6 days!)

2/29/16 SOLD!

 

Falcon Homes for Sale

10450 Pictured Rocks Dr

5 bedroom 2-story 4362 sq ft on .52 acres

1/8/16 listed

1/22/16 under contract (14 days!)

3/8/16 SOLD!

I have another 2-story coming soon as well, so please keep your eyes peeled and contact me if you have any questions about these homes... or want to talk value on yours if you think it's time to sell! 

Thank you Falcon / Peyton community and friends for your support in this area! 

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