Colorado Springs Realtors


Listing and Sales Summary – September 2013 – Colorado Springs Real Estate

Cherise Selley October 4th, 2013

Although the Colorado Real Estate Market has shown strength of movement throughout the past few years, there are still times when it feels like someone has turned off the faucet and business seems to abruptly slow down.

We noticed this phenomenon throughout the month of September.

This year Selley Group Real Estate, LLC has literally broken all sales records since 2005.  Yet, over the past few weeks, there has been a slowing trend in both actual sales and listing of residential inventory.

No worries though.  I presume the fast-pace real estate activity will come about as quickly as it slowed down.

From the statistical information for September about single family/patio homes for September 2013 (provided by the Pikes Peak REALTOR® Services Corp), our Selley Group broker, Cherise Selley, would like to share a few thoughts to consider.

  • Actual sales dropped under the 1,000 mark and were 276 less in number as compared to August.  This is basically a 25% drop in sales from one month to another.
  • The same can be said for condo/townhome sales.  This particular niche in the market had a 37.3% less sales record from August to September.
  • New listings on the market also decreased approximately 20.9%.  However, there are 4,070 total active listings, which bode well for our market.
  • Average sales price and median sales price decreased 1.6% and 3.2%, respectively.

What does all this mean?  Can we expect dry times in the desert of life?  Personally, I do not think so necessarily.  Although the numbers are less as we enter the 4th quarter this year, the fact remains that we are nearly 9% higher in values in terms of prices, and 7.2% more sales than last year.  This shows the rehabilitative trend of the market.  However, matters, such as our government shutdown, are examples of overloading the fragile parts of our market, which is not healthy for full recovery in the long run.

Currently, the Seller has lost some of his or her negotiation power as market absorption rates have turned from the Seller’s distinct advantage to a more normal playing field.

Feel free to contact our broker, Cherise Selley, Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs agents at www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 – Colorado Springs, Colorado 80919 – 719. 598. 5101.

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

“Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period September 2012 through September 2013.  RSC information may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.”

By Cherise Selley

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End the Government Shutdown – Get to Work Politicians

Cherise Selley October 3rd, 2013

From the outside looking inward, it might appear that economics are primarily about making the numbers work for the purpose of profitability.  But in truth, economics are intertwined within the fabric of our human culture.  And when I refer to human, that’s what I exactly mean, everything from the perspectives of our minds, emotions and wills and how this relates to profit and loss.  History repeats itself by revealing the fact that the numbers are not separate from the emotional realities of the world in which we live.

As our economy has undergone its rehabilitative course since 2007, there have been many times of fearful fragility.  Job growth has sputtered.  Big government has poured billions into bloated programs that frankly, need some type of overall.  Broken promises and diluted dreams paint the landscape for this next generation entering the workforce. Though Wall Street has had a good run, one wonders what type of fuel is being put into the engine to make it keep running.

The recent government shutdown is perplexing to most of us who do not understand the intricacies of what’s really involved with Obamacare.  All we can see is the enormous frustration associated with the filibuster between the Republicans and the Democrats.  At the highest level of our government, all we get to witness are the blunders affiliated with prideful and stubborn political games between of our elected-officials.  All of which, adversely affects our psyche about the economy and the Republic for which we stand.

Through my 17 years of experience in the real estate market, I have seen the driving force behind a productive market.  It’s not totally about the numbers.  Instead, perception provides the fuel for many who pragmatically participate in the buying and selling within our economic markets.  Perception helps to balance the ups and downs of the market climate, just as much as anything else.  And when perception is ratified, it is because some form of trust occurs in the process of economics, especially from the highest levels of leadership, whether political or business oriented.

Time is ticking away.  The longer the shutdown occurs, the more exacerbation of damage will take place with the heart of our country.

If I had one wish pertaining to our political system, it would be this.  That our politicians would lose their jobs, and their pensions and their health coverage if they couldn’t agree to disagree, then to innovatively come up with solutions to keep the economic system running productively.  Wow, what an idea – that politicians would have to operate DC like small business owners have to do within the free enterprise market.

I wonder how perceptions might change?

Parts of the numbers for September reveal how perception about our economy has quickly shifted.  These will be revealed in the next blog.

Feel free to contact  Cherise Selley, or our real estate group at Selley Real Estate, LLC:  2139 Chuckwagon Rd, Ste 210 – Colorado Springs, Colorado 80919 – 719. 598. 5101.

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

By Cherise Selley

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4/3/3 Cordera Home Colorado Springs 80924

Cherise Selley September 18th, 2013

Click for video tour: http://tour.circlepix.com/tour/Nitro/loadingPage.htm?tourId=1653080&version=unbranded#

This 2-story Stucco European Cottage-style home is MOVE-IN READY!  Mountain views from front & back shows like a MODEL. All the work is done!

Experience the best of D20 Briargate living w/ 2-themed parks, excellent schools, Community Pool & Recreation Center right in your own pristine neighborhood.

Main level bright open floor plan w/ hard wood floors & vaulted ceilings welcomes you w/ a WOW factor that will confirm you are home.

Kitchen boasts granite solid slab, plus granite island & w/ sink & break fast bar, 42” cabinets, stainless appliances (refrigerator included!), pantry & huge eat in area. The kitchen opens up to the great room w/ so many windows the natural light floods the room & opens up to the walk out deck.

Outside enjoy mountain views, rear fence, professionally mature landscaped yard that backs to open space (no neighbors behind you).

Added main level features include huge mud room/ laundry room, powder room, & separate dining room w/ crown molding (could be an office, den or play room). Upstairs hosts 4 spacious bedrooms. Master bedroom is a true sanctuary w/ views, vaulted ceilings, bright windows, huge walk-in closet, adjoining 5-piece master bath w/tile floor & shower & split vanities. There is room to grow and expand with the huge unfinished basement ~ perfect for storage.

With all these upgrades, including A/C and amenities, this home is Amazing and won’t last long! Priced to sell at $349,900!

www.5051petrifiedforesttrl.com

To purchase Colorado Springs Homes for Sale, feel free to contact our Colorado real estate agents at Selley Group Real Estate, LLC:  2139 Chuckwagon Rd, Suite 210 – Colorado Springs, Colorado 80919 – 719. 598. 5101.

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

By Cherise Selley

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4/3/2 Paradise Villas Grove Colorado Springs 80921

Cherise Selley September 17th, 2013

Click for video tour: http://tour.circlepix.com/tour/Nitro/loadingPage.htm?tourId=1628447&version=unbranded#

Upscale, Maintenance-Free, Main Level Living in STYLE!

Located w/ easy access to I-25 & AFA & situated on a premium lot in a gated community w/ expansive views of the ENTIRE Front Range, Pikes Peak and the AFA!

Beautiful upgrades include:  Stucco, tiled roof exterior w/ covered entry invites you inside where the expansive great room showcases 20″ ceramic tile, vaulted ceiling, gas tile fireplace & hearth, built in shelves & soffits & walk out access to the large covered patio.

Premium kitchen boasts upgraded granite counters, breakfast bar, all stainless appliances, gas cook top, pendulum lights, custom tile back splash huge walk in panty. Dining area is made extra bright w/ plenty of windows w/ Mt. views and coffered ceiling.

Master retreat has a private door which provides access to the outdoor patio, coffered ceiling w/ fan & adjoining master 5-piece bath w/ extended height, dual granite slab vanity, jetted soaking tub, custom tile back splash, tile floor, and walk in closet. The serene study overlooks the pond w/ coffered ceiling, built in shelves and French doors.

Main level laundry room comes fully equipped w/ LG front load washer/dryer, utility sink and built cabinets & counters. The oversized garage boasts hot & cold water, epoxy floor, drywall w/ textured paint; built in cabinets, workbench & keyless entry.

Bright & expansive lower level features 9’ tall coffered ceiling in the family room (big screen TV included), a wet bar w/ tile counter top, and 2 large bedrooms (both w/ walk-in closets) adjoined by Jack-n-Jill bathroom w/ dual expanded height vanity & all tile floor, tub & shower. Bonus room provides extra space for storage, crafts, office, play or 4th bedroom.

Experience the best of locations and lifestyle here!  $399,900

www.13988ParadiseVillasGr.com

Feel free to contact our real estate company at Selley Group Real Estate, LLC:  2139 Chuckwagon Rd, Ste 210 – Colorado Springs, Colorado 80919 – 719. 598. 5101.

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

By Cherise Selley

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Colorado Knocked-Down But Not Drowning By Floods

Cherise Selley September 16th, 2013

Colorado has had its fair share of fires and floods throughout 2013.  According to a recent article in the LA Times, regarding the Colorado floods, the numbers are quite alarming.  “So far, 1,253 people are unaccounted for, 11,700 people have been evacuated from their homes, 1,502 structures have been destroyed, 17,494 structures are damaged, and the flooding is at 2,380 square miles in measurement (paraphrased).”

Imagine… the effected areas that flooded in Colorado are approximately the size of the state of Connecticut.  WOW!

People regularly rebuild their communities following destruction caused by storms, floods, or fires.  Debris is cleared away, new structures arise from ashes, schools and homes and hospitals are rebuilt, and eventually, trade is revived.

But, when calamity of this gigantic proportion hits our world, I think it’s important to remember that the challenged are not only trying to rebuild a home or business, but they are also trying to rebuild their lives.

I am reminded about the resiliency of the spirit of Coloradoans.  Many people run from adversity, but the people I know who live here anticipate how they will deal with hopelessly tough times.  Coloradoans really never give in or run from the fight.  I guess the Old West has rubbed off on each one of us in our Colorado culture.  What a great place to live!

Feel free to contact our Colorado Springs real estate agents at Selley Group Real Estate, LLC:  2139 Chuckwagon Rd, Ste 210 – Colorado Springs, Colorado 80919 – 719. 598. 5101.

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

By Cherise Selley

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