Active Rain Blog Post #800 – What Does This Mean? - 01/17/12 11:54 AM

During the 4th quarter of 2011, Cherise and I found ourselves going back to the dark places in our hearts.
This is not a misstep in our pursuit of the transformed life, nor did we undergo any type of spiritual crisis.  What happened is that our faith was tried and tested with many painful trials, including the death of her father, additional physical calamities, trying to get through many writing deadlines for my book and many more sudden changes, many too personal that do not need to be displayed publicly.
What did we learn from all of this?  Suffering, an … (14 comments)

Bill McAfee, President of Empire Title of Colorado Springs, Will Pump You Up! - 01/16/12 08:57 PM
That’s right. You’re not losing your mind. This is Bill McAfee, in rare form, giving you an innovative look into the real estate market of Colorado Springs. Normally, youtube videos should vary in length between 1:30 to 2:00 minutes per clip. Though his is longer, it is worth your attention to view all the aspects of the market as you plan your 2012 year. I simply love Bill! He’s hilarious! Have fun watching! Feel free to contact Colorado Springs Realtor, Cherise Selley, Active Licensed Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors … (2 comments)

Who Says The Colorado Springs Real Market is Slow? - 01/16/12 08:05 PM

Who says that the market is slow?
The last two contracts I have written both have multiple offer situations going. Yes, multiple offers - one on a $465,000 home in University Park! Also, in one of my recent board meetings, a member said that he saw an average of 4 competing offers on the bank-owned listings that were coming across his desk.
We are in for a great 2012! There is less than a 5 month supply of inventory for buyers - pricing is not appreciating in most areas yet, but we seeing progress, the $300's - $400's are picking … (8 comments)

January STAT PACK – Colorado Springs Real Estate - 01/16/12 11:52 AM

January STAT PACK – Colorado Springs Real Estate
Simply, this is the most comprehensive statistical information compiled about real estate in Colorado Springs.  Not only are there substantial markers about the trends of our local market, but Benjamin Day and Hannah Parsons have incorporated macroeconomics in their detailed analyses.
Ben points out to extraordinary strengths about Colorado Springs to consider for your participation in this very prime market for 2012:
First – “Seller probability of sale for 2011 was 60.1%. In 2010 it was 47.6%. That means a seller’s chance of sale INCREASED by 26% in 2011. With a 10 … (8 comments)

Listing and Sales Summary – December 2011 – Colorado Springs Real Estate - 01/12/12 03:02 PM

 
Listing and Sales Summary – December 2011 – Colorado Springs Real Estate When looking at the Listing and Sales Summary of single family/patio homes for December 2011 (provided by the Pikes Peak REALTOR® Services Corp), this Colorado Springs CO Realtor would like to share a few thoughts to consider.
The Colorado Springs Real Estate market is actually a pretty good market, when considering how many other markets across the United States have been devastated by mortgage-backed securities and the bursting of the housing bubble a few years ago.
The world continues to face what seems like insurmountable challenges, which … (8 comments)

Northgate Colorado Springs 80921 Stats – December 2010 to December 2011 - 01/12/12 02:59 PM

Northgate Colorado Springs 80921 Stats – December 2010 to December 2011
Below are some remarkable statistics about Northgate neighborhoods regarding Single Family/Patio Homes:
Sold Listings:
24 Median Sales Price:
362,450 Average Sales Price:
352,280 Median List Price:
362,444 Sale Price to List Price %:
97 Currently, the Average Days on the Market is 93.
Just from last month, there has been an increase in sold listings, from 18 to 24, as well as an increase in the median sales price from $322,500 to $362,450. The trend continues per month, in which increases and decreases in all facets of the listing … (0 comments)

Northwest Colorado Springs 80919 Stats – December 2010 to December 2011 - 01/12/12 02:56 PM

Northwest Colorado Springs 80919 Stats – December 2010 to December 2011
Below are some remarkable statistics about Northwest neighborhoods regarding Single Family/Patio Homes:
Sold Listings:
13 Median Sales Price:
275,400 Average Sales Price:
327,953 Median List Price:
289,900 Sale Price to List Price %:
97.5 Currently, the Average Days on the Market is 106.
In comparison to last month, the sale of listings has decreased 7 units, from 20 to 13, and the median and average sales prices dipped significantly during December. This is opposite of the prior month numbers and I expect to see the November trends to pervade … (0 comments)

Briargate Colorado Springs 80920 Stats – December 2010 to December 2011 - 01/12/12 02:54 PM

Briargate Colorado Springs 80920 Stats – December 2010 to December 2011
Below are some remarkable statistics about Briargate CO neighborhoods regarding Single Family/Patio Homes:
Sold Listings:
32 Median Sales Price:
299,995 Average Sales Price:
294,470 Median List Price:
299,950 Sale Price to List Price %:
98.9 Currently, the Average Days on the Market is 97.
Comparisons to last month show Briargate has experienced a decrease in sales numbers, 36 to 32. Nonetheless, there has been some elasticity regarding average sales prices, bouncing up and down, depending upon the month. Entering this winter market, prices radically decreased across the board, including … (0 comments)

Powers Colorado Springs 80922 and 80923 Stats – December 2010 to December 2011 - 01/12/12 02:52 PM

Powers Colorado Springs 80922 and 80923 Stats – December 2010 to December 2011
Below are some remarkable statistics about Powers neighborhoods regarding Single Family/Patio Homes:
Sold Listings:
62 Median Sales Price:
182,500 Average Sales Price:
188,554 Median List Price:
189,900 Sale Price to List Price %:
97.5 Currently, the Average Days on the Market is 86.
In comparison to last month, the number of sold listings decreased 2 units, as the median sales price was basically unchanged, and the actual sales price actually increased $10,000, creating some new floating margins of home value stabilization.
Powers Colorado Springs Neighborhoods typifies the … (0 comments)

Temporary Payroll Tax Cut – Good or Bad for Housing? - 01/11/12 11:41 AM

I had a chat about the temporary payroll tax cut with a reliable mortgage banker in Colorado Springs.  Here’s the gist of our conversation:
On December 23, 2011, President Obama signed into law the Temporary Payroll Tax Cut Continuation Act of 2011. Among its provisions, this new law directs the Federal Housing Finance Agency (FHFA) to increase guarantee fees charged by Freddie Mac & Fannie Mae by no less than 10 basis points from the average guarantee fee charged by these companies in 2011 on single-family mortgage backed securities.
This requirement is effective immediately, meaning that the average guarantee fees … (9 comments)

 
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Colorado Springs Realtor ® - Cherise Selley

Colorado Springs, CO

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Selley Group Real Estate, LLC

Address: 2139 Chuckwagon Rd. Suite 210, Colorado Springs, CO, 80919

Office Phone: (719) 598-5101

Cell Phone: (719) 337-9779

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