2015 Real Estate Update

COLORADO SPRINGS REAL ESTATE IS GOING STRONG SO FAR THIS YEAR.  HERE IS HOW WE DID IN JANUARY:   SINGLE FAMILY HOME SALES             - UP 6.7% OVER JANUARY 2014 AVERAGE SALES PRICE S/F HOME     - UP 11.4% OVER JANUARY 2014 CONDO/TOWNHOME SALES                  - UP 30.3% OVER JANUARY 2014 AVERAGE SALES PRICE CONDO/T.H.  - UP 2.8% OVER JANUARY 2014 TOTAL S/F HOMES FOR SALE                - DOWN 23.5% FROM JANUARY 2014 TOTAL CONDO/T.H. FOR SALE              - DOWN 15.6% FROM JANUARY 2014   IN SUMMARY...SALES ARE UP AND GOING STRONG, ESPECIALLY FOR JANUARY WHICH IS HISTORICALLY, NOT OUR BUSIEST MONTH.  PRICES ARE UP COMPARED TO LAST YEAR AT THIS TIME.  INVENTORY (meaning homes for sale) IS WAY DOWN.     SUPPLY IS DOWN.  DEMAND IS STRONG.  INTEREST RATES ARE STILL AT RECORD LOWS.   WOO HOO, I SAY!

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What to Do with Your Poo... new El Paso County Septic Regulations

For all you city-dwelling folk, you may not care about this one, after all your personal waste gets whisked away by the city or local municipality's sewer system.  For those of us living a little more rural, we handle it a bit differently. Septic systems are a large tank to handle waste from an individual home, which has to be pumped out (depending on tank size, persons living in the property, and use) about every 2-5 years. It's super fun (insert sarcasm).. after living in our house 6 years we just had ours pumped for the second time. **helpful tip -  keep those doors and windows closed or the stink could grace your house for a while.Effective January 1, 2015 the "On-Site Wastewater Treatment System Transfer of Title Inspections" took effect - New county regulations are requiring that their approved inspector check and certify every septic tank on which the property will be transferring title. What this means, is if your home closes any time after 1Jan2015, you must have an approved inspector check your system. This list of approved inspectors can be found at http://www.elpasocountyhealth.org/services/site-wastewater-treatment-systems. Most of your usual septic companies are on the list plus others. In November there were a few names on the list, but with this regulation ramping up, they were able to add a bunch of names to the list.  I would speculate that a great majority of these will be fine, but there could be some damage to some systems. The program allows 90 days for repairs and re-inspection. I imagine if there is damage, it could delay some real estate closings. Because of this new requirment, loan underwriters will be aware and also require satisfactory inspection reports. So, if a system does not pass, I'm sure lenders won't fund until the system is in working order by inspector standards. If you are about to sell your house, with septic system, you might go ahead and get the process started. Or you can consider waiting until you receive a contract on your property. The "acceptance document" priovided by El Paso County is good for 6 months, with a potential extension (obviously not all homes sell in 6 months).  As always let us know how we can help you find out if this or other county or state requirments apply to your home and property as you prepare to sell. 

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12254 Angelina Dr - Meridian Ranch

With mixed feelings I listed this sweet house in Meridian Ranch... why the mixed feelings?!? Well these are new friends, and once again the Air Force will take a friend across the country! However, this is a GREAT house... so let's focus on that! :-)

Hardwoods grace all the important main level traffic areas and kitchen. The previous owner did some outstanding electrical upgrades...Boston surround sound system, holiday lighting package, central vacuum system, and so many other beautiful lighting upgrades!

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The kitchen has gorgeous granite counters and these owners have added granite counters and tile floors in the bathrooms. The main level has dining and living that have peaked ceilings. The kitchen includes a tray ceiling and pendant lighting over the island. 

From the ktichen walk out onto a partially covered, stamped, stained patio... plus this lot backs to local park / open space and they have a nice water feature in the corner. 

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The basement family room is huge... with theater area ,2nd gas fireplace, generous wet bar, and 2 large bedrooms! 

The garage has a 4 foot extension for workshop, your longer truck or extra storage... plus they added overhead storage out of the way. 

Meridian Ranch is such a great community with your water bill and a Recreation Center included in your HOA dues, plus available nearby golf course and up-and-coming shopping center. Near Peterson AFB and Schriever this is just a great location! 

Check out more details and the video tour - http://angelinadrive.com/ 

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Fireworks on New Year's Eve

Tonight there will be fireworks from the top of Pikes Peak.  Every year the Pikes Peak AdAmAn Club climbs the icy slopes of Barr Trail, located on the east face of the world famous Pikes Peak.  Then, at the stroke of midnight on New Year's Eve, AdAmAn members and their guests ignite a glorious fireworks display from the summit to usher in the New Year.

 

The club has been a local tradition since 1922.  It is a unique group of mountaineers, who each year on December 30th and 31st make the climb.  The club was founded in memory of the original "Frozen Five," Ed Morath, Fred Morath, Fred Barr, Willis Magee and Harry Standley.  Their idea was that each year only one new member whould be added to the club, hence the name AdAmAn (for add a man).  New members are chosen from a list of applicants, and it is quite an honor to be selected.

 

The climbing party of thirty members and guests leaves the trailhead of Barr Trail on December 30th, with an overnight camp at Barr Camp.  On December 31st they flash mirrors from their location at timberline, to friends and families in the Colorado Springs area.  In the early afternoon, they finish the ascent to the summit of Pikes Peak.  This 14,110 foot climb is often accomplished on icy and snow covered slopes with wind chills of -50 degrees.

 

Today our local weather in the Springs is a chilling high of 30 degrees.  The snow covered Peak towers above with temperatures well below that.  I admire those brave mountaineers who take such pride in this local tradition.  Thank you, AdAmAn, and be safe!

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Local Resource - Alpine Autism Center

Autism is a challenge affecting more and more families across the US. While I'm not interested in engaging in the great debate about why this is the case, I thought I would share this recent discovery. If you live here, and have a child on the autism spectrum, you may already be aware, but if your considering Colorado Springs, this might be a great resource for your family!

I was showing houses on the northwest side of Colorado Springs yesterday (worthy of a blog post all it's own sometime soon!) when I was intrigued by a gorgeous Tuscan style building just up the hill past my turn. I was a minute early, so I drove on up to check it out. I only snagged a picture of the sign & building setting, and looked them up when I go home. The Alpine Autism Center offers full and part day programs during their 8a-4p hours. Their site offers a plethora of information about autism and the services they offer, so I'm going to direct you to them- www.alpineautismcenter.org.... I just wanted to make this resource known for those not yet aware or researching it as a decision factor in coming to Colorado Springs. 

This tucked away and gorgeous location is great, I'm sure you could stop by for assistance as well. From Garden of the Gods Rd, go west to the "end", turn right/north on 30th, left on Flying W ranch, Left on Stoneridge left on Fieldstone, follow up hill and it ends at their property. 

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