Colorado Springs Real Estate

We're onto another month in the real estate world, and with a new month means new local real estate market conditions in El Paso County, Colorado. Check out the market insights of what January looked like and how it may affect you if you are planning on  buying a Colorado Springs home . Average Days On Market As of January, we saw a lower average of inventory sitting just 46 days on the market, compared to the historically recorded 67 days. This means homes are selling more quickly historically, but compared to last month, about a week longer on the market. Low inventory tells us this quicker sell time could continue until the market sees a surge in available properties for sale. This is great news for the seller who's hoping to move their property quickly. Listing vs. Sales Prices Sales prices as of January have been just a hair under listing prices, averaging at 99.2%. The historical average is 98.3% for the El Paso County area within this time of year. Inventory bei...

While initially, the main goal of selling your home is to make money, you will quickly realize that it's going to also cost you some money as well. It's a fact that it will cost some money, but that doesn't mean it has to take you by surprise. As the best real estate agents in Colorado Springs , we have put together a list of the items that may take you by surprise to help you make your plans and get prepared. Interior Painting When selling your home, if you've chosen bold or bright colors that may be more of a personal preference, you may need to repaint. If that's the case, you'll have to budget for repainting your home. If you plan on doing it yourself, you only have to budget for the cost of the paint, but if you will hire someone, you'll have to budget for their labor as well. Transfer Tax A transfer tax is the imposed tax for transfering a title. While not all states have this tax, you'll want to know if yours does so you can plan on budget...

July 29th is Rain Day - and if you've looked at the forecast, right now they're predicting a week's worth of potential thunderstorms. While your home may not be at risk of water damage from the rain (though, it's completely possible), sometimes your home needs protection from issues within. Water damage is a very real issue and one that no homeowner wants to deal with, so here are a few things to keep in mind as you protect your home. Check the Roof One of the biggest issues a homeowner can run into is roof issues. Whether it has major issues or just small leaks - both can cause severe water damage in your home. Whether you're buying a new home in Colorado Springs , or you are maintaining your current home - it's always a good idea to have your roof inspected. Especially if you suspect that there may already be some issues. Inspecting and repairing your roof can also be a great investment that you can reap the rewards of when you sell a Colorado Springs home...

In 2016, Colorado Springs was named the fifth-best place to live by U.S. News and World Report. The high quality of life, low cost of living, low unemployment, and our beautiful natural wonders and proximity to the mountains are just a few of the amazing factors of living here. Last week, we covered a few of the local communities that help us to Love Where We Live in Part One of our series. This week, we're going to give you some insight into a few more communities that make up our beautiful town. Northgate The Northgate area is located at the northern edge of Colorado Springs, near the Northgate of the United States Air Force Academy. This is a fast growing area with newer developments offering proximity to “The Club at Flying Horse”, Pikes Peak Community College, movie theaters, restaurants, and shopping.  Schools: District 20 Northwest This area starts just north of the Garden of The Gods Park and extends to the southern boundary of the United States Air Force Acad...

If you've ever been through the home buying process before, you've probably noticed a large amount of words and acronyms that get tossed around. Buying your first home is already filled with many new things to learn and decisions to make, and can be made even more challenging if you don't know the lingo. The MacGuire team knows how overwhelming it can be to buy your first house, especially if you're relocating to Colorado Springs , so we want to make it easier on you and your family. Here are a few words you'll probably hear through the lending and buying process, as well as their meanings so you aren't caught off guard. Pre-Approval When you start the home buying process in Colorado Springs , one of the first things you'll want is to get pre-approved. This is an evaluation by a lender that can determine whether you will qualify for a loan. It also helps to show what the maximum amount the can qualify you for. Adjustable Rate Mortgage (ARM) In an ad...

The short answer is yes - you can sell your home on your own. You can list it on a few sites, take photos on your own, and try to show it, but there is certainly more to FSBO than you may have thought. As the best real estate agent in Colorado Springs , I have been selling homes for over 25 years, and I am proud to say that through dedication and experience I can offer you something that can be nearly impossible to achieve on your own. If you're still considering "For Sale By Owner," here are a few things to keep in mind before embarking on the journey. PRICE Did you know that when you hire a real estate agent, statistics show that you get more money from a sale than going at it alone? Correctly pricing your property is critical. Price your home too low and you lose money; price it too high and buyers shy away. The MacGuire Team will give you a Competitive Market Analysis and discuss it in detail. Together we will decide on the best price for your property - becau...

Winter is no joke for your home - especially when you take into account all of the aspects that can affect it. Your home was built to stand the test of time, but with freezing temperatures and large snowfalls - it needs a little help from you! The Mike MacGuire team takes great pride in helping you find the best real estate in Colorado Springs , but now we want to help you maintain it as well. Here are 12 things you should remember to do before we get too deep into winter. Check the Chimney Did you know that before you light up your fireplace, you should have it cleaned and inspected? This is a relatively simple task with great rewards. A fireplace that is malfunctioning or dirty can cause big problems for your home. Sometimes it's as simple as it just not heating up, but other times it can be disastrous. Lower the Temps While you may be tempted to adjust your thermostat to the highest temperature to keep warm - you may be surprised when you get your electric bill. Save u...

When selling your home, there are several ways you can accomplish it - but there are some ways that are better than others. When you hire the best real estate agent in Colorado Springs we use our 25 years of experience to not just sell your home, but to sell your home at the highest price possible in the shortest amount of time. Selling your home can be an overwhelming process, but our team is ready to assist you with ALL of the details. We have a very specific selling strategy that can give us the ability to make the most of your unique selling situation and sell your home as fast as possible. Here is how we accomplish this: Condition There are a few factors that go into selling your home: condition and price. The real estate market controls the price, but you can control the condition. Our team of agents can help you prepare your property for the market with advice that is time-tested. Our comprehensive listing enhancement services provide you with professional home stagi...