Don't let DOM (Days on Market) Spell DOOM for your bottom line

Many people selling their homes in Colorado Springs are surprised to learn that the number of days the  property has been on the market can affect its ultimate selling price. The ratio is generally an inverse one: the longer your home remains on the market, the lower the price. Conversely, homes on the market for short periods of time tend to ...
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6935 Stockwell Drive

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I'm always excited to list a house in the Powers area.  With close proximity to military bases as well as shopping and amenities, this location is always a good one.   This charming 2-story home sits on an oversized cul-de-sac lot and offers gorgeous mountain views, RV parking, formal living and dining areas, vaulted ceilings, family...
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6387 Hannah Rose Road

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I keep saying it's a seller's market, and I'm right. This property is further proof of that. I listed it recently and after only two days on market, we had several showings and an attractive offer submitted. It's now under contract. Sellers are happy. Buyers are happy. Truth is our market inventory, meaning homes for sale, is so low that buyers are...
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Successful Pricing Takes Market Trends Into Account, Month's Supply of Inventory (MSI)

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As discussed in a previous article, determining a baseline value for your home before determining the actual listing price is a good practice . Another good practice is to study and understand the current market conditions before you actually decide on a final listing price. There are several statics, rates and numbers you can look at when trying t...
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909 Fire Rock Place

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I keep saying it's a Seller's market.  Here is proof.  This is one of my recent listings.  It's a really cute 2-story home located in the Greyhawk neighborhood in Northgate.  It was built in 2011.  It's got 4 bedrooms, 4 baths, finished basement and over 2,300 finished square feet.  I put it on the market last Tuesday,...
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Successful Pricing Starts With a Realistic Baseline Value

The first question on the minds of most people getting ready to sell their home is, how much is my home really worth? Homeowners thinking about selling have usually gotten an estimate from a home valuation site like Zillow or even asked a Realtor what they thought the value might be. It is important to keep in mind that those numbers should only be...
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A Little Do-It-Yourself Update For Anyone

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My family recently completed a remodel of most of our main level (living, kitchen, dining)... Floor demo + new, cabinets, removed structural wall, added beam, counters...it was a gut job and we love the new. But it took a lot of work, mostly by contractors. We did a couple tile floor & backsplash projects ourselves, and fortunately my husband a...
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What Are All of Those Closing Costs?

Closing costs and pre-paids are additional fees associated with your mortgage loan and the closing of your property. Your Realtor and Lender should explain and review these fees as you start the home buying process and then clarify actual amounts as you get closer to the closing table. Below is a brief description of the various costs that are comm...
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15 Things We Folks in Colorado Know

1. Please back away from the wildlife. Sure, your #ElkSelfie in Rocky Mountain National Park might get you a few more likes on Instagram, but is it worth getting gored to death by a bull during rut? 2. Green chile is not chili. When your server at the Cherry Cricket asks if you’d like it smothered, it’s best to comply. But, don’t expect it doused i...
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New Jackson Creek Listing

I just listed this home in the Jackson Creek neighborhood. These are some of the best views you will find in Jackson Creek, heres a look at the home: 4 bedroom Ranch with full basement  
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Celebrating Memorial Day

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As we approach this Memorial Day weekend, I am especially grateful to those who have served and continue to serve in our military. The freedoms and privileges we enjoy as Americans are the result of their efforts. I am so grateful to live in this military town, surrounded by heroes whom I call clients and friends. Thank you for touching my life so ...
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D20 Digital Learning Coach Model

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*** Warning - this is a "proud mom moment" and props to our school and district as well. I've said many times how our school and teachers have met our boys where they are in their education. The oldest has been participating with our TAG teacher for years. And while our youngest has struggled at points in math, they recommended Math Club to help br...
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SCENIC COLORADO SPRINGS

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Colorado Springs has so much natural beauty. You've heard of Garden of the Gods; the fabulous red rock formation? And Pikes Peak; a 14,110 mountain which hovers above our city? But have you heard of Seven Falls? Nestled in the mountain canyons just below Pikes Peak, are cascades of water known as Seven Falls. Falls excites the senses and forshadows...
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Buying a Colorado Springs area house for $250,000

I saw this funny comic on one of the real estate groups I follow on social media. Lots of people were getting some chuckles from it, but it got me thinking. I am fairly certain the average sale price in the greater Colorado Springs area is around $244,000. Can you find the house this couple in the comic is looking for in Colorado Springs....? ...
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6144 Montero Circle

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Check out my new listing!   Enjoy unobstructed Pikes Peak and mountain views, with open space directly behind the property.  And, no rear neighbors means plenty of privacy. Built in 1997, this terrific ranch floorplan features walk-out lot, stucco exterior, wood floors, vaulted ceilings, gas fireplace, spiral staircase, 4 bedrooms, 3...
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Hot Market in 2014...Can We Do It Again?

Colorado Springs saw a great real estate market last year.  Sales of single family homes rose by 3.8% from the previous year, ending 2014 with 11,197 total homes sold.  The average sales price of a single family home was $251,430, up 2.8% over last year's average price.  Inventory, meaning homes for sale, dropped dramatically as home...
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8231 Horn Run Rd. Great Briargate Home For Sale

I have just listed this great four-level home in the Briargate neighborhood. This home is a “Campbell Homes” resale. When you enter the home you walk into a large living room area with vaulted ceilings, skylights and hardwood flooring. The living room is currently being used as an oversized formal dining room. The Living Room has a large pass throu...
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8231 Horn Run Rd. Great Briargate Home For Sale

I have just listed this great four-level home in the Briargate neighborhood. This home is a “Campbell Homes” resale. When you enter the home you walk into a large living room area with vaulted ceilings, skylights and hardwood flooring. The living room is currently being used as an oversized formal dining room. The Living Room has a large pass throu...
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206 Kilmer Ct. Colorado Springs, CO. 80916

I have just listed this adorable ranhcer in the Eastborough neighborhood of Southeast Colorado Springs . The home features main level living in the heart of Colorado Springs. This home features a large Living Room and Spacious Eat-In Kitchen and large laundry area as well.   There are three large bedrooms and two baths. The home is situated on...
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Obama Directs FHA to Reduce Mortgage Insurance Premiums

On January 26 th , the Federal Housing Administration reduced its mortgage insurance premiums by 50 points, from 1.35% to 0.85%. This was by executive order from President Obama. The cuts will help more than 800,000 homeowners save about $900 per year and existing homeowners who refinance will see similar savings.   The White House estimates t...
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