Tag Archives: colorado springs

From the inbox: should I search on Zillow for homes?

Good question! The short answer is: Yes, it is a tool you can use in your home search. But it has a limitation. 

Zillow is a great platform for home searches and cannot/should not be discounted. However, there are a couple of things you should know when searching for homes in the Colorado Springs market.

Sites like this are fed from an IDX (Internet Data Exchange) via the MLS (Multiple Listing System).

awesome graphic from Rob
awesome graphic from Rob

In the case of Zillow, it’s also manually updated by homeowners, property managers and agents. However, Zillow is no longer automatically updated by the local MLS. The result is that it no longer represents the totality of the market.

It is a tool in the search, but I also recommend checking TheHousingNetwork.com (full disclosure, that’s my website) and/or PPAR.com to see the current listings in the Pikes Peak region.

If you’re looking to buy or sell a home in Colorado Springs, I’d be honored to earn your business.

Boulder area hits average of $1M for a four bed…

mountains-with-road-300px
photo from OpenClipArt.org

Wow. Boulder is now one of the most expensive housing markets in the nation, according to the Denver Post.

By contrast there are 414 four bedroom homes on the market at the time of this post for $300,000 or under in Colorado Springs.

In the market? I’d be honored to help!

State of the Market: Rental Options

Screenshot 2015-09-17 19.53.53Looking to rent a home in Colorado Springs?  Interestingly, there are 124 MLS listed Single Family Homes (SFH) w/3+ bedrooms on the market at $1500 and below.  There are 87 on the market at $1501 and above.

This differs from July by a total of 4 homes, which makes for an interesting market.

If buying is an option, I’d be honored to earn your business!

DATA SOURCE: PPAR MLS derived statistics

Colorado Springs proposing a $2500 fine for sitting in the wrong spot…

I don’t think this is a good idea.  This could have a lot of unintended consequences.

What say you?

Gazette: Top 10 attractions to see in the Springs…

We’re doing the railway next week but are 9/10 on this list!

Looking to buy or sell in the Springs?  We’d be honored to earn your business! Call Rob at 719-440-6626!

From the inbox: What’s up with the rental market here? And what’s the MLS?

Good question!  The first answer is that we have an intense rental market here with an app. 96% occupancy rate.  That’s been sustained, too, for a couple of years.  If anything, it’s getting harder to find affordable housing in the rental market in Colorado Springs.

Second, the MLS is the local database of agent and property manager listed homes.  It is not the sole source of rental properties in town but is the best product we as Realtors have access to.

If you’re looking for housing in Colorado Springs, we’d be honored to earn your business.  Call Rob or Drew at 719-440-6626 or email robthompsonrealtor@gmail.com!

MARKET FLASH: 3614 Purdue St – asking $157K!

Looking for a great home in Colorado Springs for a fantastic price?  Looking for a cash flow property?  This may meet your needs, too! Look no further than 3614 Purdue!  Lots of showings – get it before it’s gone!  Call Rob @ 719-440-6626!