How to Read a Colorado Springs Real Estate MLS Sheet – Part 3: Exterior Amenities

The exterior amenities section of the MLS sheet contain information on the type of house it is, how it was built, as well as garage information and foundation.

The first part deals with the GARAGE:

  • Garage # = How many parking spaces are there? (If there is a carport, this number will reflect how many parking spaces there are in the carport.)
  • Garage Type= This is a mandatory field and choices include:

Attached

Detached

None

Carport

Available

Tandem 3-Car

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Dispelling 3 Housing Market Media Myths – Myth #3: “I Cannot Sell My Home in This Market” (A Tale of Two Markets)

Now is ALWAYS the time to sell … if you need to sell.

We do not always have control over life – do we EVER, really? We get relocated. We get downsized. We get outsourced. Our kids move out. Our kids move back in. Our health fails. Basically, our needs always change and selling the house is what HAS to happen.

The media has put many homeowners-that-need-to-sell in a selling “paralysis”. They NEED to sell, but are afraid of the market.

This brings me to the final Housing Market Media Myth that I want to dispel:

Myth #3: “I Cannot Sell My Home in This Market”

Then you are in the wrong market.

I know, you are thinking, “I cannot change my market. I cannot pick up my house and sell it in a different area. Mariana, you are nuts.” Well, first of all, you would not be the first person to call me nuts, so be a little more creative. Second, you CAN change your market.

See, this is where the the NEW Two Housing Market theory comes into play. Actually, it is not new. There have always been two markets: The market of homes that SELL and the market of homes that do NOT SELL.

Read More …

Posted By: Mariana Wagner – Colorado Springs Real Estate

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Dispelling Housing Market Media Myths – Myth #2: We are in a Down Market

The Media loves drama and loves to play on words (semantics) to get the BEST LARGEST reaction possible. We all know this, but then we all wind up getting sucked into the vortex of “Oh no! Did you hear what they said on CNN?!?” I do it. You do it. We all do it.

The words – these well-spoken media-people use words in a way that will always “spark” something in our minds. This is clearly evident in how they portray the current housing market. What we need to learn to do is temper the media with a bit of reality

Myth #2: We are in a DOWN Market.

I don’t care WHERE in the nation you are, I do not believe anyone is in a DOWN market. Argue with me if you will – as I may be playing a semantics game, as well. However, semantics can have quite an impact on your outlook, so bear with me, here. To me, “down” is associated with “bad” and I do not see this as a “bad” market.

I like to call our current market a SHIFTING or CORRECTING market.

Read More …

Posted By: Mariana Wagner – Colorado Springs Real Estate

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Colorado Springs Real Estate Market Report – September 2007

Here is a snapshot of the Colorado Springs Real Estate Market for September, 2007.

Average Days on Market (DOM): 84 days

Average Sale Price (SP): $292,194

List Price to Sale Price Ratio (LP/SP): 97.09%

In September 2007:

  • 751 homes went on the market
  • 259 homes went under contract
  • 184 homes sold

Read Full Colorado Springs Housing Market Report at the Colorado Springs Real Estate Connection

For more information on the Colorado Springs Real Estate Market, please check out our recent reports:

Colorado Springs Real Estate: Market Report – August 2007
Colorado Springs Real Estate: Market Report – July 2007

Colorado Springs Real Estate Market Report – June 2007
Colorado Springs Real Estate Market Report – May 2007

Posted By: Mariana WagnerColorado Springs Real Estate

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Dispelling 3 Housing Market Media Myths – Myth #1: There is a National Housing Market Crisis

You cannot wake up in the morning without hearing something about the plight of the national housing market. There are so many factors that are never discussed with the media, regarding the current “situation” of the housing market. Because there is so much information missing, it is hard to trust ANYTHING that comes out.

However, many people do not know or understand that there is so much missing information, and are acting on what little they are told from the news and other media. These folks do not Know that they are under-informed, but these “actions without knowledge” are causing a serious disconnect between home sellers, home buyers and Realtors®. This disconnect is caused by the under– and mis-information offered by the media … what I call the Housing Market Media Myths.

Over the next three posts/articles, I would like to take this opportunity to dispel a few of these myths …

Myth #1: There is a National Housing Market crisis.

No. This is almost a straw-man argument. To even answer this statement you must believe that there is even a “National Housing Market” … which could not be further from the truth.

Read More >>

Posted By: Mariana Wagner – Colorado Springs Real Estate

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What’s in YOUR CMA? Mandatory Guidelines for Creating a CMA …

It is what we do. We create CMA’s for people all the time. CMA stands for a Current Market Analysis or Competitive Market Analysis. This is where we do research to determine what our OPINION of value is for a specific property. This answers the question: What will my home sell for?

Most of the time, we, as Realtors® create these CMA’s for folks that are considering using us to sell their home. It is an integral part of what we do.

However, most Realtors® are not appraisers, so a CMA is merely an opinion. Granted, it is a very educated opinion, but it is still an opinion by a non-appraiser nonetheless.

That is what in any case that a Realtor® creates a CMA for a purpose other than for servicing a potential Seller, there are certain guidelines that MUST be followed.

Read More …

Posted By: Mariana Wagner – Colorado Springs Realtor®

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Colorado Springs Neighborhoods: Cimarron Eastridge and Cimarron Westridge

Cimarron Eastridge and Cimarron Westridge are 2 mature neighborhoods on the east side of town – just east of Powers. Cimarron Eastridge is east of Peterson Road and Cimarron Westridge is west of Peterson Road. Both neighborhoods sit between Palmer Park Blvd. and Constitution. These neighborhoods are to the immediate north of Cimarron Hills.

Cimarron Eastridge and Westridge are in an unincorporated part of El Paso County, so even though they are addressed as “Colorado Springs” they do not share the Colorado Springs school district (D-11) nor are they covered by Colorado Springs Utilities.

Read Complete Cimarron Eastridge and Cimarron Westridge Neighborhood Report at Colorado Springs Real Estate Conenction

For more information about Cimarron Eastridge and Westridge Real Estate, or Homes for Sale in Cimarron Eastridge and Cimarron Westridge, please visit: Colorado Springs Real Estate Connection

Posted By: Mariana Wagner – Colorado Springs Real Estate

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