Category Archives: Colorado Springs

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

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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!

Everything you always wanted to know about the Palmer Lake Star…

…but didn’t know to ask! Also, come check out the star lighting and palmer lake star infochili dinner this Saturday @ 4:30 PM.

Photo from the Rock House’s Facebook page (best ice cream around!)!

CS Gazette: 7 alternatives to cooking at home this Thanksgiving

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image from OpenClipArt.org

Filed under “local eats”, here are 7 alternative locations to eating at home this Thanksgiving…(our fridge is dead so we may have to go to one of these places!).

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

From the inbox: can I flip a house for no money out of pocket?

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image from OpenClipArt.org

This is a REALLY GOOD QUESTION. And the answer is not short. Rather, the short answer is: that’s complicated.

Generally speaking, no. There are a number of methodologies out there on the Internets that speak to ways to do this but my advice here is (pardon the caps): PROCEED WITH CAUTION. 

The circumstances of a flip are so varied I’m struggling with how to capture this is a broad overview post. I would suggest that flipping a home is not for the faint of heart. Nor should you do so (in my opinion) without a Plan B. Plan B is this: can I carry the house for the length of time it needs to sell or will it rent out for the carrying costs?

Specific to ‘no money out of pocket’: a real estate transaction costs money. There’s no two ways about it. Where does that money come from? Could be an investor, could be your account. Always, always account for these costs.

If you want to take specifics about the Colorado Springs markets, please give me a ring at 719-440-6626!

Pitbulls as service animals…ok?

An oft asked question about service animals and pit bulls here.  Thank you, Michelle G., for sending this my way!

**DISCLAIMER: This is provided for your information; it is not legal advice.  Always seek the advice of a legal professional on legal matters.

 

Old Colorado City: 60 day activity

From the inbox: What’s the OCC market look like?

Here you go! This is the last 60 days market activity…

And the current pricing break out:

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

DATA SOURCE: PPAR MLS derived statistics

Colorado Springs: State of the Rental Market

Looking to rent a home in Colorado Springs?  Interestingly, there are 120 MLS listed Single Family Homes (SFH) w/3+ bedrooms on the market at $1500 and below.  There are 102 on the market at $1501 and above.

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

DATA SOURCE: PPAR MLS derived statistics