Colorado Springs Real Estate Resources

Colorado Springs Real Estate Stats - August 2009 - The Daniels Team Real Estate

2009-09-15T21:47:00.005-06:00

Colorado Springs Real Estate Stats - August 2009 - Daniels Team Real Estate

Take a look at the the latest real estate stats in the Colorado Springs Real Estate Market by following the above link.

Home Buyer Tax Credit! - The Daniels Team Real Estate

2009-05-04T20:08:00.002-06:00

Home Buyer Tax Credit! - The Daniels Team Real Estate

Delinquent Mortgages Not As Bad In Colorado - The Daniels Team Real Estate

2009-05-04T20:06:00.002-06:00

Delinquent Mortgages Not As Bad In Colorado - The Daniels Team Real Estate

We Have Moved Our Colorado Springs Blog To a New & Improved Site!

2008-06-15T09:59:00.000-06:00

As your real estate expert, I will continue to keep my readers updated in the Colorado real estate market and local / national events that effect our local community. Visit my NEW BLOG at http://www.danielsteamhomes.com/blog.asp to keep updated on what is going on in Colorado Springs real estate along with the surrounding areas. Thanks for reading!

Colorado Springs Market Statistics

2008-05-14T17:06:00.000-06:00

Are you looking at selling your Colorado Springs or Monument home? Take a look at the latest stats for the month of April. Below is the graph and details for current supply & demand (market saturation).
Find out how much your home is worth in this market at www.COPropertyValues.com.

To Sell or Not To Sell?

2008-01-30T18:33:00.000-07:00

There are plenty of factors to examine in our ever changing real estate market these days. The most important things to look at are your reason for moving and interest rates.

First ask yourself why you want to sell your home. Maybe you are looking to upgrade to something better, or maybe it is for relocating for a job or to be closer to family. You might be looking to downsize at this point. There could be any number of reasons, but it is important to really analyze your reason.

If you are upgrading to a more expensive home or buying around the same price range, then the current market is perfect for your plans. Although you may be taking a loss on the sale of your home in the current market, you are going to incrementally save more in this buyers market on the purchasing end. The low interest rates these days will most likely be better than your current mortgage rate which will have a direct effect on your payment amount. You’ll get “more bang for your buck,” as they say with the falling interest rates. So it can definitely be a win-win situation in these cases. I recommend speaking with a Realtor to see how your situation stacks up, and how much your home is worth in the current market.

Those looking to downsize need to assess the situation with a Realtor to see what the best option or plan would be for your needs in the current market. Realtors, otherwise known as Real Estate Consultants, are usually well versed in people’s life changing plans and can offer a lot of insight on any situation.

New Shopping Center Planned for Falcon

2008-01-23T16:35:00.000-07:00

Woodmen Hills and Meridian Ranch have seen some sizeable growth east of Colorado Springs. Retail supply has been slowly catching up to the area, but there is still quite a bit of demand for more convenience in the area. North American Development Group has contracted to buy almost 40 acres on the northwest corner of Woodmen and Meridian roads to answer the demand. They envision a 232,700 square-foot shopping center, to be called Falcon Highlands Northwest. This shopping center is designed as a 130,000 square-foot box with several smaller sites that would accommodate restaurants, banks and automotive parts stores, and other miscellaneous stores. The developer hopes to receive approval from El Paso County to start construction in 2009, with shops opening in 2010.

Safeway, Walgreen’s, and Wal-mart are just a few of the large stores already located in and around Woodman Hills and Meridian Ranch. Many fast food and sit-down restaurants, dry cleaners, banks and other stores and services have added convenience to the location as well. Lowe’s is expected to add a store soon near Meridian and U.S. Highway 24. Woodman Hills and Meridian Ranch are on their way with this continued growth in the area.

Top Colorado Springs Real Estate Resource

2008-01-20T21:19:00.000-07:00

DanielsTeamHomes.com is a wonderful new resource for Colorado Springs real estate and Monument real estate! There is tons of information for you on selling a home, buying a home, real estate investing, and other general real estate information as well.

Buyers will find many resources at their fingertips at DanielsTeamHomes.com. You will be able to find home buyer resources, suggested reading for home buyers, home buyer tips, home buyer reports, home buyer finance information, home loan finder service, complete access to the area’s entire listing database, an area for home buyer questions, neighborhood information, school reports, relocation information, luxury home information, featured listings, new home / new home construction information and best of all, a Free Listing Alert which will keep you updated with the latest homes and price reductions on the market. This search is updated 4 times a day so you will see listings and price changes before most other buyers or investors! Definitely the top used asset of DanielsTeamHomes.com for many home buyers and investors.

Sellers also have countless resources throughout DanielsTeamHomes.com. Sellers will be able to find many home seller resources, home seller tips, home seller reports, market trends, an area for home seller questions, and a free online evaluation of your home’s value. The free online evaluation seems to be a favorite of the site’s visitors.

All of these resources mentioned are just a brief description of DanielsTeamHomes.com, so definitely take a look at the site to see everything that it has to offer.

75% of Foreclosures In The Unitied States Are In 5 States!

2008-01-16T16:39:00.001-07:00

The media likes to make the worst of the foreclosure rates in every market. Foreclosure rates are up everywhere, but there are only 5 states in the entire country that account for a whopping 75% of the nations foreclosures. Colorado is not one of them. Here are your top 5 states...

Nevada

California

Florida

Ohio

Michigan

Garden of the Gods In Our Backyard!

2008-01-11T16:04:00.000-07:00

Garden of the Gods is one of the most spectacular and scenic parks in all of Colorado. It is a nationally recognized public park that has amazing views and rock formations that will astonish you. Located on the West end of Colorado Springs at 1805 North 30th Street, this park is easily reached from anywhere in Colorado Springs. Entrance to the park is free and many tours are available at no cost. Garden of the Gods boasts almost 1400 acres of open space and 5 miles of trails for hiking, walking, mountain biking and horseback riding. Rock climbing is another activity that is popular since the park has so many wonderful rock formations (A permit must be obtained for climbing). Free naturalist led walks occur daily and present fascinating teachings about wildflowers, rattlesnakes, gold-seekers and many other topics. Garden of the Gods Nature Presentations also take place on a daily basis at the Visitor Center and are free also. These presentations last about 20 minutes and explore a wide variety of topics, including the geology, ecology, wildlife and the cultural history of Garden of the Gods. Call the Visitor and Nature Center at (719) 219-0108 for more information or visit their website.

Park Hours:
November 1 - April 30: 5 a.m. - 9 p.m.
May 1 - October 31: 5 a.m. - 11 p.m.

Colorado Springs Market Statistics

2008-01-09T16:52:00.000-07:00

Are you looking at selling your Colorado Springs or Monument home? Take a look at the latest stats for the month. Below are the graphs and details for current monthly supply of homes based on a six month average, current monthly supply of homes based on the last 30 days, and current supply & demand (market saturation). Where does your home stand?

More listings continue to hit the market while total sales continue to plummet. Take a look at the charts above to see what montly supply your home should be compared to. Visit http://www.copropertyvalues.com/ to get the value of your home to compare with this market's current monthly supply.

What is An Appraisal?

2008-01-03T15:43:00.000-07:00

An appraisal is needed in most cases where a loan is involved. Your final loan will not be approved until your lender orders a professional appraisal of the home to make sure that the agreed-upon selling price is justifiable based on the current market value of the property. The cost of the appraisal is typically determined by the complexity of the appraisal report and the time required completing it. This cost is generally factored in as a closing cost.

A professional appraiser will select the appraisal method that is applicable to the particular property to arrive at an unbiased opinion of value. One approach is to look at comparable homes in the area that have sold within the last six months. If there are a number of similar properties that have sold recently, the appraiser's job is easy. It is more complicated to arrive at the appraised value if your home is located in a rural area or a diverse neighborhood. The appraised value will usually be very close to the sale price. If the appraisal comes in lower, the real estate agent may be able to provide the appraisers with additional information on recent sales which will result in increased value.

Happy New Year! - Let's Start The Year Off With A Little Humor!

2008-01-02T14:59:00.000-07:00

YOUR HOUSE AS SEEN BY;

YOURSELF...

YOUR LENDER...

YOUR BUYER...

YOUR APPRAISER...

YOUR COUNTY TAX ASSESSOR...

Fort Carson Aims to Expand to 30,000 Troops by 2010

2007-12-20T10:25:00.001-07:00

There has been talk for a while now that Fort Carson will have an increase in troops. There has not been much of an impact yet, but the Army projects that Fort Carson will more than double its troop size by 2010 from its pre-war number of 14,500 in 2003. Fort Carson has been building for this massive growth and is planning to be one of the largest Army installations in the country. Fort Carson will be home to five combat brigades, two division headquarters units, a special forces group and a number of support troops. Millions of dollars have and will continue to be pumped into the local economy of Colorado Springs from the continued growth of Fort Carson.

El Paso County Cuts Property Tax Rate For 2008!

2007-12-18T10:24:00.000-07:00

I have heard from many people relocating to Colorado Springs and Monument (El Paso County) that our property taxes are extremely low in comparison to many other states /counties. This has always provided a nice suprise for people searching for homes in Colorado Springs and Monument.

El Paso County unleashed an even bigger suprise on Monday afternoon though. They made the decision to lower the 2008 property tax rate to 7.514 from this year’s 7.710. This may not seem like a large amount, but a drop shows that El Paso County is not agressively pursuing tax increases like some other counties around the nation.

2005 Median Tax Rates By State

Downtown Colorado Springs Ready for Its Tallest Building

2007-12-07T10:42:00.000-07:00

Cooper Tower is a well designed hotel and mixed-use complex which is soon to be Colorado Springs Tallest building. This will be a significant addition to Downtown Colorado Springs. The Cooper Tower will be located on North Nevada Avenue, between Pikes Peak Avenue and Kiowa Street. Final approval is expected next month with a ground breaking in Spring of 2008. Completion of the Cooper Tower is expected in Spring of 2010.

The 37,000 square foot high-rise building will provide the following:
*Main level retail, restaurants and kitchen space
*Three levels of above-grade secured parking
*Two floors of meeting space, offices and ballrooms
*Many amenities like a swimming pool, outdoor patios, a spa and fitness center and more.
*240 hotel guest rooms and up to nine floors of residential living (40 to 60 units will be available for sale). The residential units are designed to meet the needs of a luxury buyer while units will also be available for a buyer looking for a smaller well-appointed unit at a moderate price. Unit sizes are predicted to range in size from 1,000 square feet to 10,000 square feet. The entire top level may even be available for a luxury unit.

Contact us for more info on the Cooper Tower!

Lost In Translation...

2007-11-30T16:45:00.000-07:00

Frontier Airlines Is Coming to Colorado Springs!

2007-11-06T15:15:00.000-07:00

Frontier airlines announced it is going to build a $25 million maintenance hangar at the Colorado Springs Airport bringing around 225 jobs to Colorado Springs within the next 2 years. The Colorado Springs Airport has not seen such progress in over a decade. They have tried bringing in other low-cost carriers with no luck. Southwest Airlines was a possibility 2 years ago, but they ended up in Denver. The other fantastic news is that Frontier airlines will be providing a flight from Colorado Springs to Denver by late Spring of 2008, with the possibility of other flights being added in the future.

The Colorado Rockies Are Going to The World Series!

2007-10-18T13:59:00.000-06:00

What an incredible time in Colorado sports. I usually don’t use this blog for sports, but it is kind of hard not to. The Colorado Rockies have had a Cinderella post season this far and have won the last 7 games in the post season in a sweep to get to the World Series. Whoever faces them in the World Series has got to be a little nervous to say the least.

The best part of the team is that 15 of its 25 players on the post season roster are home-grown. With this the Rockies are a young team and should be a success for years to come. The Colorado Springs Sky Sox, our local AAA baseball team, has had a lot to do with the Rockies success. Sky Sox games have been fun over the years to watch and continue to be with the talent they are sending to the Rockies. 20 of the 25 players on the Rockies post season roster have played for the Colorado Springs Sky Sox with 13 of them playing in 2007.

The Sky Sox stadium (Security Service Field) is located near Springs Ranch in the Powers Area. Sky Sox tickets for the 2008 season will range from $6-$11 with other packages, suites, and more available. Click here to find out more on ticket pricing. Go Rockies!!!

Be On House Hunters With Us!

2007-10-09T15:19:00.000-06:00

House Hunters is currently looking for participatents in their television show in Colorado Springs and surrounding areas. House Hunters airs on the Home and Garden Television Network (HGTV) across the United States. Currently in its eighth year, HOUSE HUNTERS is a half-hour documentary style television program that tracks the emotional journey of homebuyers as a real estate agent helps them search for a home and make a purchase. They also feature the homeowners after they move in, enjoying their new place. Find out more about the show at http://www.hgtv.com/hgtv/shows_hnt/.

HGTV is available in 91 million US households as well as several countries around the world. This is a great opportunity for you to be on television with your own episode of a show! If you have any interest in applying for the show along with us CLICK HERE & EMAIL US.

FSBO - For Sale By Owner Advice

2007-09-24T17:14:00.000-06:00

Real estate transactions can be extremely difficult. The common myth that selling real estate is easy has lured many home sellers into making expensive mistakes by trying to sell their own home.

Real Estate Agents are needed more than ever in the current market. There are currently over 7,000 listings in the Pikes Peak MLS. Real Estate Agents are using every marketing advantage they can create against their competing agents to get their listings sold. What can a For Sale By Owner home do to beat this competition? Not much as the best Realtors in the market have powerful marketing systems in place that no FSBO marketing can compete with.

Many people assume that all you need is a sales contract, an internet ad, a classified ad and a "For Sale" sign. The most basic step of setting the correct sales price is often overlooked and leads to overpricing the home. It is imperative to have a professional provide a market analysis and weigh all of the most important factors of a property including but not limited to; the location, size and condition of the home, recent selling prices in the area, and the relationship between the local supply of homes and the number of qualified buyers.

Many problems can arise throughout any regular transaction. An experienced Realtor can handle any number of problems as they have probably seen it before. Sellers in the FSBO process do not have this type of experience and might mishandle contingencies, home inspections, title clearance, deadlines, disclosures and any other problem that could arise(There is not enough space to list the 1000’s of things that could go wrong). The advice and guidance of an experienced real estate agent is essential to ensure that you avoid the risk of expensive litigation and ensure a successful home sale. Who do you want to handle one of your most expensive investments?

The Fed Has Cut The Key Interest Rate by Half A Percentage Point

2007-09-18T12:38:00.000-06:00

The Federal Reserve acted on calming the market by dropping the Key Interest Rate by half a percentage point today. It was expected that the Fed would meet today and drop the interest rate a quarter point. With the worst housing market in 16 years it is apparent that this drop was needed, although some economists predict three or more rate cuts to avoid a recession. Fed Chairman Ben Bernanke is walking a thin line between dropping rates and stirring up a side of inflation. There has been an ease in inflation pressure helping the Fed in their aggressive and needed handling of the housing market. In the end a recession will probably be averted if the Fed continues to keep aggressively involved.

Colorado Springs Schools In Top 25

2007-09-11T14:36:00.000-06:00

Relocate-America recently released their list of the top 25 cities to go to school for 2007. It does not surprise me that Colorado Springs made it under the top 25. There are many wonderful schools throughout all of the districts here. Their poll took into account the quality of the schools and choices in educational offerings for children. Relocate-America stated that their list was determined as follows; "Our list recognizes communities with strong support and spirit for their local schools, high parental involvement, strong academic achievement and performance, caring faculty and staff and successful extracurricular programs with opportunities for children to explore and excel in many areas of interest. We recognize a variety of school types, including public schools, private programs, Christian-based and specialized/vocational educational opportunities."

Click Here if you would like more info on the schools in the area.

Cathedral Pines Neighborhood Information

2007-09-09T19:45:00.000-06:00

Cathedral Pines is an elegant community nestled in the beautiful ponderosa pines that Black Forest is known for. Enjoy the seclusion from the hustle and bustle, but enjoy being close to the necessities. Located just 2 miles east of highway 83, Cathedral Pines is a skip away from I-25 and many other conveniences. This part of Black Forest is truly breathtaking.

Cathedral Pines covers 810 acres with a limited number of lots totaling 158. Each lot ranges from 2.5 - 5 acres providing a nice cushion between properties. Cathedral Pines is a covenant protected community with beautiful custom homes that compliment the surroundings. Each property has an unparalleled view with access to 210 acres of parks and open space within Cathedral Pines. There is another 240 Acres parallel to Cathedral Pines with the neighboring Black Forest Regional Park, providing an incredible 450 acres of open space and trails. Enjoy over 8 miles of trails winding throughout the development and into Black Forest Regional Park. Many lots are adjacent to the open space and parks. Other lots in Cathedral Pines lack trees in a more than fair trade for incredible Pikes Peak and Front Range Views. Children living in Flying Horse will attend Academy School District 20.

The Club at Flying Horse is less than 4 miles away and provides a number of facilities and services as well as its private 18-hole golf course designed by the renowned master, Tom Weiskopf. If that is not enough make use of a top of the line athletic club, spa services, food and beverage services, and a complete business center in The Club at Flying Horse. Also take advantage of their professional concierge staff to free up time to enjoy everything Cathedral Pines has to offer.

Cathedral Pines has a wonderful Community Center that is available to all residents in the area for private and community functions. Many water features and ponds add to the fabulous ambiance of this community. If that is not enough, try dropping a line in one of Cathedral Pines stocked trout ponds.

Cathedral Pines is a truly exceptional community in Black Forest and is definitely worth taking a look at! Is Cathedral Pines the neighborhood for you?

2007 Colorado Springs Parade of Homes

2007-08-23T15:07:00.001-06:00

It is that time of year again! The Parade of Homes is in progress. It started on August 17 and goes until September 2. There are a total of 46 homes to view in the parade. The most exciting homes to see are the 16 that are over 1 million dollars. Do not let that stop you from viewing the other homes in the parade as well. The main parade sites are The Black Forest Reserve and The Preserve at Walden. Cordera has some homes that are grouped together, and the rest are scattered all around Colorado Springs, Manitou Springs, Monument, and Woodland Park. The tickets are $10 for adults, and free if under 18 or over 65 years old. Active military can get free tickets (see parade website below for details). Enter to win a pool table from Backyards & Billiards if you get your ticket stamped at 25 of the parade homes.
The parade is great for taking in design ideas, so bring your camera! It is also a great way of seeing what the different builders can do. If you are looking to build, make sure to contact your Realtor so they can help you find the best builder for your needs.

Some of the Home Locations:
Black Forest Reserve, The Preserve at Walden or Walden Preserve, Palomino Ranch Condos, The Vistas at Nor’wood, Cathedral Pines, Turkey Canyon Ranch, Black Forest, Manitou Springs (Fountain Creek Villas), Woodland Park, The Townes at Gold Hill Mesa, Wolf Ranch – Parkwood Neighborhood, Cordera, Broadmoor, Falcon, University Park, Springs Ranch, Northgate, and Peregrine – Tuscany Heights, The Gables, Grey Hawk, Falcon Terrace, Settlers Ranch, Latigo Creek, Star Ranch, Wildernest, Greenland Preserve, Haven at Cumbre Vista, Fairway Pines, Fountain Creek Villas, Palmer Divide, Eagle Wing Estates, Turkey Canon Ranch, Eastbrook
Find More Parade Info at http://www.cshba.com/hba/index.cfm?ID=68F77888-F209-4A16-85B6342C509F6E48.