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Colorado Springs, CO Real Estate News

By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Welcome to this meticulously updated 4-bedroom, 4-bathroom home that combines modern amenities with exceptional comfort. This home offers a versatile floor plan that includes a main level office, which can easily be converted into a 5th bedroom, providing ample space for family, guests, or a dedicated home office. New, energy-efficient windows bathe each room in natural light, and luxurious vaulted ceilings on the main level enhance the fresh, modern aesthetic. The kitchen is equipped with steel appliances, including a double oven and a top-of-the-line refrigerator, perfect for culinary enthusiasts. The laundry room, conveniently situated off the three-car garage, includes a handy utility sink. The finished basement is a highlight, offering a rec room w/full wet bar. It's a perfect spac...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
In Colorado Springs, homes for salesat on the market for an average of 89 days in 2007. The lowest days on market were in July, at 74 days. The highest DOM was in January (104) and December (109). Although the 89 day average is up from 76 days in 2006, and higher than we have seen in a long time, it is still at the 3 month mark, which is good news for people who have a home for sale. Here is a graph showing the average days on market from 1997-2007. Our Real Estate market DID vary from neighborhood to neighborhood, regarding days on market. Let's take a look at how each area looked in 2007: The following neighborhoods in/around Colorado Springs had the highest days on market (DOM) for homes for sale: NGT (Northgate): 111 days MAN (Manitou Springs): 111 days TRI (Tri-Lakes/Monument/Palme...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
The Colorado Springs Housing Market  did well in December of 2007 and is still stronger than many other housing markets in the nation. Homeowners saw a healthy appreciation in 2007 and homes for sale are still selling around the 3 month mark. Let's take a closer look at the data for the real estate market for December 2007:  Average Days on Market (DOM): 109This is UP from 90 days from November.Median Days on Market: 85 DaysHigh DOM: MAN at 257 Days.Low DOM: CEN at 54 Days.  Read Also: 2007 Colorado Springs Real Estate Market Report: Annual Days on Market DataAverage Sale Price (SP): $259,575This is UP from $242,739 in November.Median Sales Price: $203,864High Sales Price: TRI at $450,531Low Sales Price: S/E at $162,054 List Price to Sale Price Ratio (LP/SP): 97.19% High LP/SP: BRI at 9...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Just north of Research Parkway, are the neighborhoods of Parkwood and the Villages at Wolf Ranch - a newer Colorado Springs neighborhood.Read Also: Colorado Springs Neighborhood Report ~ Wolf Ranch: The CommunityParkwood is a John Laing new home community. Per the John Laing website:"Come explore the four beautiful, brand new model homes designed exclusively for Parkwood - a new neighborhood at Wolf Ranch.  They may remind you of Colorado Springs' older homes, with attached garages in the back and lots of charm in the front.  All stucco exteriors and unique outdoor spaces will be sure to create a fresh, modern way to live. Now Selling from the mid $280,000s."The Villages are new single family home sub-neighborhoods within Wolf Ranch with a density of no more than 11.9 homes per acre. Ne...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
The first neighborhood to open in Wolf Ranch (a neighborhood in NE Colorado Springs) was Westcreek- south of Research Parkway. Westcreek opened in January of 2004. The Outlook at Wolf Ranch is the first Wolf Ranch townhome community, located in Westcreek  - built by Engle Homes. You can see their colorful homes currently being built at the corner of Powers Blvd., and Research Parkway.  These Wolf Ranch townhomes (both new and resale) can be purchased from the mid $100k's to the mid $200k's - depending on floor plan.The rest of Wolf Ranch's Westcreek neighborhoods are single family homes on lots ranging from 3.49 homes per acre - 11.9 homes per acre. Read Also: Colorado Springs Neighborhoods: Westcreek Park in Wolf RanchThe southern Wolf Ranch neighborhood of Westcreek is also home to th...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Wolf Ranch is a new home community in NE Colorado Springs, offering newer resale homes for sale as well as quality new build homes for sale. Read Also: Colorado Springs Neighborhood Report ~ Wolf Ranch: The CommunityThis new neighborhood is scheduled to be complete somewhere between 2020 and 2025 - making this a 15-20 year build out. An estimated 8,000 homes will be built in Wolf Ranch by the time this Colorado Springs neighborhood is complete.Lot sizes for new homes built in Wolf Ranch will range from 25 homes per acre (to include town home communities) all the way to just 1 home per acre (in northern Wolf Ranch).Per the Wolf Ranch website:  "Every Wolf Ranch home builder adheres to rigorous quality standards, from four-sided architecture to landscaping and community design approaches ...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Wolf Ranch is a master-planned neighborhood, a Nor'Wood Community, in the northeast part of town.Neighborhood Boundaries:West: Powers Boulevard and Tutt Boulevard East: Black Forest Road North: Old Ranch Road South: Just north of Woodmen Road and Cumbre VistaBreakdown of the 1,982 Acre Wolf Ranch Community Layout: Like Wolf Ranch advertising says, "Discover the best address in Colorado Springs." Look at what Wolf Ranch has to offer:1,438 acres for residential development 100 acres for schools 300 acres of parks and open spaceThis includes 7 city parks, 2 neighborhood "pocket parks," 5 wetland ponds, and the 2011 scheduled building of Wolf Ranch Lake - a large lake to the south of Briargate Parkway. 10 miles of trails - perfect for hiking, biking and/or walking. 27 acres for neighborhood...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Since Colorado Springs Ranks #3 Drunkest City in the US, and New Years is a very "drunk" holiday, McDivitt Law Firm has agreed to pay for ALL TAXI RIDES to Colorado Springs addresses this New Years Eve. Per the Colorado Springs Business Journal, McDivitt notes "I love this town, and I just didn't dream we'd have this type of drinking problem." and estimates that "30 percent of his personal injury clients were hurt in drunken driving accidents."He estimates that he may pay for about 1,800 cab rides and the cab rides and CSBJ also notes:"The free Yellow Cab rides will be given between 10 p.m. Dec. 31 and 4 a.m. Jan. 1 to anyone who has been drinking alcohol or who doesn't feel they have a safe way home. McDivitt was careful to note that cab rides will only be given to residential addresse...
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By Kristen Senn, Colorado Springs Military Relocation
(Keller Williams Hope Realty)
If you’re moving to Colorado Springs soon, you may find that you’re left without your household goods for a few days and sometimes longer. The JPPSO (the Joint Personal Property Shipping Office) here in Colorado Springs only gives you a couple of hours to respond to them when your household goods get to the area or it gets put into temporary storage. With our recent move, our goods were put immediately in storage without a phone call until the next day (reason’s unknown). Luckily for us, getting them out and delivered was easy and fast, but for some that is not the case, especially during the summer months. You may have no where for them to be delivered to. Maybe you were waiting until you got here to rent a house/apartment, you haven’t closed on your new house yet, or you just put you...
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By Colorado Springs Real Estate
(eSalehomes.com)
The following home builders build in Colorado Springs. Hallmark Homes Saddletree Homes Anthony Homes Creekstone Homes New Generation Homes Classic Homes Oakwood Homes Campbell Homes Symphony Homes Lennar Homes Vantage Homes Acuff Homes Classic homes Melody homes John lang Homes Keller Homes Harmony Homes Legendary Homes US Homes Visit us at esalehomes.com, your place on the web for Colorado Springs Real Estate.
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By Jay Carden, Colorado Springs Real Estate Top 10% of Agents!
(RE/MAX Properties, Inc.)
    For all that might not have heard we are expecting to grow again with a new announcement this week of Ft. Carson adding close to 5000 new troops to the base.  This will happen in the next 5 years along with other troops coming from Ft. Hood, TX.  This is new announcement is sure to spur growth in the Southern end of Colorado Springs, Fountain, and Pueblo West.  If you are working with investors across the state/nation please be sure to send a referral over and we can get them in when the getting is good.  Below are the news links.  This can only mean good things for the State as we keep the influx of people and keep selling great homes.   I would be happy to speak to you on this or other exciting opportunities that abound in our current market.  Please send me an email below or clic...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Sitting down to read a good book, in this day and age, can be difficult - if not impossible. As a real estate agent, I rarely have the time it takes to find a book to read, let alone actually read one. However, reading a book no longer means flipping through pages on your front porch. Today, we have the luxury of having books read to you in the form of audio books.I love audio books. I "read" more books while driving around and working out than I did while in high school!Well, thanks to Unclutterer (one of my favorite websites) I found out that our local library - here in Colorado Springs offers FREE audio books that you can download onto your computer .. and onto a CD or your MP3 player!Per the Pikes Peak Library District website:"Browse and check out eAudios, eBooks, and Videos 24 hou...
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By Alan Daniels
(The Daniels Team - Re/Max Advantage Realty)
Fort Carson plans to expand to 30,000 troops by 2010, which will more than double from the 2003 troop level at the post.  Find out more at Colorado Real Estate Resources.
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By Leon Austin, Colorado Springs Mobile Notary
(Mobile Notary Services)
Occasionally I will get a request to do something that I simply am not authorized to do as a Colorado notary public. Today was such a day, and a Medallion Signature Guarantee is such an act.The man told me that it was for transferring stock between himself and his father. It reminded me of the time when I had a stock certificate that I wanted to transfer to my brokerage account so that the shares would be in "street name". I took the stock certificate to Wells Fargo, where I have an account, and one of the bank employees affixed a Medallion Signature Guarantee stamp.  But this man told me that he didn't have a bank account. So he called me, hoping that I could help him.Unfortunately I can't. Even if I owned a Medallion Signature Guarantee stamp, I am not authorized to guarantee a signat...
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By Patricia Beck, Colorado Springs Realty
(RE/MAX Properties, Inc., ABR, GRI, SRES)
When you are looking to buy a home there are many factors to consider including whether or not you want the neighborhood you live in to be a part of a Home Owner's Association (HOA).  An HOA is an organization that governs the appearance and maintenance within a neighborhood.  Owners may share common facilities such as a pool, park, or recreation center.  Depending on the neighborhood the home is located in, the fee or assessment varies as well as the frequency (monthly or quarterly).  The fee you pay may include snow and trash removal, maintenance of your lawn, or maintenance of the neighborhood; not all HOA's provide the same services.  If your fee is quarterly, more than likely the overall of the condition of the neighborhood is maintained.  On the other hand, if you are paying a hig...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
Stetson Hills is one of the largest neighborhoods in Colorado Springs and is located to the east of Powers Boulevard, between Woodmen Road and South Carefree Circle. Stetson Hills is conveniently located for all military families, as it is just north of Peterson AFB and Schriever AFB and a straight shot down Powers Blvd. from Fort Carson Army Base.The Powers corridor is the western border of Stetson Hills, and offers all the shopping, entertainment and restaurants you could ever want. Some businesses include:CostcoLowe’s Home ImprovementOld NavyWorld MarketKohl’sTexas RoadhouseKing SoopersBest BuyPetSmartChipotleHobby Lobby… and Many, Many more!  Stetson Hills is also close to the Cherokee Ridge Golf Course and the Springs Ranch Golf Course.Stetson Hills Real Estate: Stetson Hills is ho...
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By Ken and Sandy Wickham
(RE/MAX Real Estate Group)
It's beginning to look at lot like Christmas!  We haven't had a chance to drive about to  see Christmas lights, but we did happen upon a couple impressive displays:      Lower Falcon Estates                                                                                               North of Downtown  If you'd like to submit a picture of your home's decorations, we'd love to include it in a future post.  Please email us at homes@wickhome.net, and let us know what information you'd like included (story, name and/or address - or city if you're outside the Pikes Peak region.)You can support the Cheyenne Mountain Zoo by purchasing tickets to their Electric Safari, the largest holiday light show in the region.  It runs through January 1, except for Christmas Eve, from 5:30 to 9 pm (the last...
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By Patricia Beck, Colorado Springs Realty
(RE/MAX Properties, Inc., ABR, GRI, SRES)
With so many foreclosures in Colorado, buyers are considering bank owned properties when looking to purchase a home in Colorado Springs.  Before you make the decision to purchase a bank owned property, take time to do your research. The foreclosures that are not sold at auction are then returned to the bank and classified as an REO (Real Estate Owned) property.   There is no longer a mortgage loan to be paid on the home since the bank owns the property.  Do not make the assumption that you will get a good deal for a home just because it is bank owned; the bank still wants to get as much as they can out of it.  Transactions for REO properties differ from those of other home sales.  The listing agent will require paperwork with original signatures and will present the offer to the bank by...
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By Kristen Senn, Colorado Springs Military Relocation
(Keller Williams Hope Realty)
The long awaited BAH rates are now available for 2008.This is the time of year everyone is waiting to see if they will get more for housing. But dont worry, if your BAH went down, you dont get less for housing, that is locked unless you fall into a couple of circumstances. But if the rate went up you will get the higher amount now if you are still at the same duty station. If you are moving in 2008 you will get whatever the rate is for that new duty station.  Depending on where you are at in the country, the rates can jump by a few hundred dollars to only a few dollars.  BAH rates are determined by rental data not mortgage data. Rental rates can vary from 2% to 5% each year in some areas, to 5% to 10% in other areas.  For Colorado Springs military personnel, the 2008 BAH rates went up o...
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By Derek and Mariana Wagner, The Artisan Group - Colorado Springs REALTORS®
(The Artisan Group- Keller Williams Premier Realty )
An innovative new program has surfaced in Colorado Springs that includes legal services, financial services, mortgage and real estate services that employers can offer in addition to the "standard" employee benefits of medical and dental insurance.Many small businesses have a difficult time offering useful benefits to their employees without "breaking the bank" of their own business.  In efforts to help these small business offer value to their employees "founders of a new business coalition in Colorado Springs think they have an idea that will change the concept of employee benefits."A recent article in the local Gazette states:"Employee Benefits Group this month is launching its approach to owners of small and medium businesses. The group consists of 12 professional partners, includin...
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By Leon Austin, Colorado Springs Mobile Notary
(Mobile Notary Services)
Back in April I wrote an article: Getting ready for closing day. It contained tips for the borrower. One item that I didn't include was 'Be on time'.Being on time for your closing can mean the difference between your loan documents being shipped out that day and not. Last night was an example.  I had a closing scheduled for 6 p.m.  I knew going into the closing that it would be impossible to get the documents out if I dropped them in a drop box. 6 p.m is when the courier makes the pick up.  But I could get the documents shipped that evening if I took them to the shipping center, where they accept packages as late as 7:30 p.m.. It's more than a 20-minute drive, so I would have to be done with the closing by 7 p.m. It was Thursday evening, and the documents would be delivered on Friday --...
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