Colorado Springs Real Estate Blog by Kathy Torline

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Foreclosures - Listings in Southeast Area as of 12-7-09

Tue, 08 Dec 2009 05:43:17 -0600

Market information for Active and Foreclosure Homes in Southeast Colorado Springs as of 12-7-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Neighborhoods: Homes Spring Creek, Pikes Peak Park, Southborough

Breakdown of homes for sale in southeast Colorado Springs, INCLUDING FORECLOSURES:

Short sales: 58 (18.5%)
Bank-owned: 29 (9.2%)
VA Owned: 1 (.3%)
Regular: 226 (72%)
Gov. Repo: 0
HUD: 0

This Colorado Springs Real Estate report contains information on homes in Southeast Colorado Springs.

Area	Address	PT	Br/Ba/G	FLR	YB	Fin SQ	Tot SQ	LP	CDOM
S/E	795 Cima Vista PT	CND	2,2,2	RAN	2006	1,198	1,198	$65,000	26
S/E	218 S Murray BL	SIF	5,2,0	RAN	1968	1,605	1,824	$76,900	26
S/E	615 Bosque Vista PT	CND	2,2,2	RAN	2006	1,253	1,535	$80,000	26
S/E	915 Tampico CT	CND	2,3,1	2	1986	1,172	1,172	$85,900	42
S/E	667 Cima Vista PT	CND	3,3,2	RAN	2006	1,823	2,120	$90,000	26
CEN	702 Huron RD	SIF	2,1,2	RAN	1954	885	885	$99,900	6
S/E	3558 Verde DR	SIF	3,1,1	RAN	1972	1,225	1,225	$106,900	48
S/E	4470 Melville DR	SIF	3,2,1	BIL	1977	1,844	1,880	$106,900	32
CEN	214 Bassett DR	SIF	4,2,1	RAN	1961	1,916	2,016	$137,500	85
S/E	4661 Canyon Wren LN	SIF	3,3,2	2	2001	1,439	1,439	$148,800	28
S/E	3459 Spotted Tail DR	SIF	3,3,2	2	2004	1,624	1,624	$160,000	61
S/E	2165 Jet Wing DR	SIF	4,2,2	RAN	1980	2,176	2,176	$162,900	47
S/E	3744 Venice GR	TOW	4,4,2	2	2007	2,302	2,401	$190,000	319

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Remember, Knowledge is Power

A Colorado Springs Real Estate Agent

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Foreclosures -- Listings in East Area as of 12-7-09

Tue, 08 Dec 2009 05:27:07 -0600

Market information for Active and Foreclosure Homes in East Colorado Springs as of 12-7-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Neighborhoods: Homes in Sundown, University Heights, Rustic Hills, Northridge

Breakdown of homes for sale in East Colorado Springs, INCLUDING FORECLOSURES: 337

Short sales: 30 (8.9%)
Bank-owned: 14 (4.2%)
VA Owned: 1 (.3%)
Regular: 289 (85.8%)
Gov. Repo: 1 (.3%)
HUD: 2 (.6%)

Partial list of Foreclosed homes in East Colorado Springs currently on the market

Area	Address	PT	Br/Ba/G	FLR	YB	Fin SQ	Tot SQ	LP	CDOM
EAS	2440 Palmer Park BL 107	CND	1,1,0	RAN	1982	512	512	$52,000	47
EAS	3411 Santa Rosa ST	SIF	2,1,2	RAN	1965	1,349	1,872	$94,900	3
EAS	3207 Vail Pass DR	TOW	2,2,1	2	1983	992	992	$105,900	692
EAS	2050 Bula DR	SIF	4,2,2	BIL	1981	1,643	1,684	$144,900	2
EAS	2315 N Union BL	SIF	3,1,3	RAN	1952	936	936	$149,000	444
EAS	5530 Timepiece PT	TOW	2,3,1	2	2003	1,504	2,220	$149,900	13
EAS	1706 Baylor DR	SIF	4,2,1	TRL	1962	1,623	2,055	$154,900	186
EAS	1426 Martin DR	SIF	3,2,0	TRL	1967	1,947	1,947	$159,900	18
EAS	2111 Tesla DR	SIF	3,3,1	RAN	1967	2,756	2,864	$164,900	32
EAS	5315 E Old Farm CR	SIF	5,3,2	RAN	1979	2,423	2,790	$190,000	17
EAS	5070 Willowbrook RD	SIF	3,3,2	4	1984	2,291	2,305	$194,900	93
EAS	1719 Sanderson AV	SIF	3,2,2	TRL	1969	2,621	3,817	$234,900	141
N/E	5180 Sunset Ridge DR	SIF	4,3,2	2	2001	2,816	3,930	$279,900	29
N/E	5267 Fossil Butte DR	SIF	5,4,2	2	2007	3,075	3,127	$299,900	51

This Colorado Springs Real Estate report contains information on homes in East Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Remember, Knowledge is Power

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

Colorado Springs Real Estate Report for Marksheffel Area as for October 2009

Mon, 30 Nov 2009 07:45:25 -0600

Market Report for Marksheffel - Single Family Homes

Neighborhoods: Homes in Claremont Ranch, Banning Lewis Ranch, and near Peterson AFB Homes

Search for Claremont Ranch Homes

The Marksheffel housing market continues to be a BUYER'S Market, as there is currently a 6.7 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "Neutral Market".

\Recap of 2009

	Oct 2009	Sept 2009	Aug 2009	July 2009	June 2009	May 2009	April 2009	March 2009	Feb 2009	Jan. 2009
Number of Homes Sold	16	13	5	13	18	9	11	10	8	2
Average Sale Price	$206,441	$203,023	$237,000	$198,246	$220,333	$229,744	$212,279	$242,477	$229,983	$206,825
Average # of house sold per month	10.5

Current Report as of 11-30-09 in Marksheffel

Active listings: 70
Under Contract and Pending: 30
Absorption Rate : 10.5 homes per month for the last 6 months, a supply of 6.6 month of houses currently on the market.

This Colorado Springs Real Estate report contains information on Single Family homes in Marksheffel.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Search for homes in Woodland Park

Woodland Park Homes -- Market Report for October 2009

Mon, 30 Nov 2009 07:39:18 -0600

Woodland Park Real Estate - Single Family Homes

Woodland Park Homes continues to be a Buyer's Market, as there is currently a 12 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-09 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	131	173	252	300	328	344
Average Sale Price	$269,903	$284,380	$295,887	$254,900	$281,889	$248,705
Average Days on Market	121	101	99	98	88	70
Average # of house sold per month	13.1	14.5	20.7	25	27.3	28.7

Current Report as of 11-30-09 in Woodland Park

Active listings: 165
Under Contract and Pending: 34
Absorption Rate: 13.1 homes per month, a 12.5 month supply of houses currently on the market.

This Woodland Park Real Estate report contains information on Single Family homes in Woodland Park.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Falcon Real Estate Market Report - October 31, 2009

Fri, 27 Nov 2009 07:13:17 -0600

Colorado Spring Real Estate

Single Family Homes in Falcon North as of October 31, 2009

Homes in Woodmen Hills

The Falcon north housing market continues to be a BUYER'S Market, as there is currently a 6.1 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "Neutral Market".

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	Oct 2009	Sept 2009	Aug. 2009	July 2009	June 2009	May 2009	April 2009	March 2009	Feb 2009	Jan. 2009
Number of Homes Sold	26	29	46	38	29	37	29	30	26	16
Average Sale Price	$231,149	$249,644	$234,181	$225,057	$270,835	$259,677	$234,038	$252,057	$248,222	$243,278
Average Days on Market	112	126	82	87	119	139	125	144	120	121
Average # of house sold per month	30.6

Current Report as of 10-31-09 in Falcon

Active listings: 189
Under Contract and Pending: 75
Absorption Rate : 30.6 homes per month for the last 6 months, a supply of 6.1month of houses currently on the market.

This Colorado Springs Real Estate report contains information on Single Family homes in Falcon.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Monument Real Estate -- market Report for October 2009

Tue, 24 Nov 2009 07:56:56 -0600

Colorado Spring Real Estate

Market Report for Tri-Lakes - Includes Homes Monument and Palmer Lake

Search for homes in Monument and Homes in Palmer Lake

The Monument Real Estate market continues to be a Buyer's Market, as there is currently a 14.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales were down 17% from 2008 to 2007, but pricing was only down 10% from 2008 to 2007. Sales and pricing continues to be soft in 2009.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-09 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	299	383	469	630	675	673
Average Sale Price	$399,960	$407,407	$450,756	$434,392	$418,258	$373,323
Average Days on Market	95	109	107	94	71	67
Average # of house sold per month	29	31.9	39.1	52.5	56.3	56.1

Current Report as of 11-20-09 in Tri-Lakes

Active listings: 357
Under Contract and Pending: 72
Absorption Rate: 29 homes per month, a 11.9 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Palmer Lake.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Search for homes in Cascade and Green Mountain Falls

Colorado Springs Real Estate - Market report for Cascade and Green Mountain Falls October 2009

Tue, 24 Nov 2009 07:47:18 -0600

Cascade and Green Mountain Falls Colorado Real Estate - Single Family Homes

Cascade and Green Mountain Falls Homes continues to be a Buyer's Market, as there is currently a 18 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-09 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	17	29	33	47	53	51
Average Sale Price	$245,900	$280,365	$241,784	$280,872	256,471	$257,358
Average Days on Market	69	97	173	103	120	72
Average # of house sold per month	1.7	2.4	2.8	3.9	4.4	4.3

Current Report as of 11-23-09 in Ute Valley

Active listings: 32
Under Contract and Pending: 5
Absorption Rate: 1.7 homes per month, a 18. month supply of houses currently on the market.

This Colorado Springs Real Estate report contains information on Single Family homes in Ute Valley.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Peyton Real Estate Report as for October 2009

Sun, 22 Nov 2009 08:14:21 -0600

Peyton Homes - Octber 2009 Market Report

Only minutes from Peterson AFB and Schriever AFB

Search for Peyton Homes for Sale

The Peyton housing Peyton continues to be a BUYER'S Peyton, as there is currently a 12 month supply of homes on the Peyton. A 6 month supply of houses on the Peyton is considered a "Neutral Peyton". Sales have increased for 2009 but pricing has continued to decrease .

Recap of 2009, 2008, 2007, 2006, 2005, 2004

	2009 as of 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	35	36	51	52	64	67
Average Sale Price	$249,049	$274,477	$277,657	$279,544	$279,850	$215,686
Average Days on Market	90	91	114	119	67	66
Average # of house sold per month	3.5	3	4.3	4.3	5.3	5.6

Current Report as of 11-17-09 in Peyton

Active listings: 42
Under Contract and Pending: 6
Absorption Rate : 3.5 homes per month for the last 10 months, a supply of 12 month of houses currently on the Peyton.

This Colorado Springs Real Estate report contains information on Single Family homes in Peyton.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate Report for Southeast Area as for October 2009

Sun, 22 Nov 2009 07:56:47 -0600

Colorado Spring Real Estate

Market Report for Southeast Colorado Springs, Single Family Homes

Neighborhoods Include: Homes in Spring Creek, Pikes Peak Park, Southborough, Eastborough

Search for homes in Northeast Colorado Springs

The Southeast area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 3.2 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales were only down 16% from 2008 to 2007, but average pricing was down 9.5% from 2008 to 2007. Sales have continued to increase in 2009, but pricing has continued to decrease.

Recap of 2008, 2007, 2006, 2005, and 2004

	1-1-2008 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	608	521	624	726	879	744
Average Sale Price	$128,518	$135.986	$150,322	$161,569	$154,116	$145,247
Sales Price to List Price	TBD	97.9%	98.5%	99.4%	98.8%	99.5%
Average Days on Market	53	73	76	60	53	49
Average # of house sold per month	60.8	43.4	52	60.5	73.3	62

Current Report as of 11-20-09

Active listings: 200
Under Contract and Pending : 115
Absorption Rate: 60.8 homes per month, a 3.2 monthly supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family dwellings in Southeast area of Colorado Springs

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate Report for Powers Area as for October 2009

Sun, 22 Nov 2009 07:45:27 -0600

Colorado Spring Real Estate

Market Report for Powers area, Single Family Homes

Close to Schriever AFB, Neighborhoods include Homes in Springs Ranch and Stetson Hills

Search for homes in Powers Area of Colorado Springs

The Powers housing market continues to be a NEUTRAL/BUEYRS Market, as there is currently a 4.36 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units were down 18% from 2008 to 2007, but pricing was only down 4% from 2008 to 2007. 2009 sales have increased since 2008 but pricing has continued to decline.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-2009 to 10-30-09	2008	2007	2006	2005	2004
Number of Homes Sold	879	901	1,111	1393	1533	1262
Average Sale Price	$201,796	$209,942	$219,622	$220,961	$211,284	$194,059
Sales Price to List Price	TBD	98.1%	98.8%	99%	99.4%	99.3%
Average Days on Market	67	88	79	64	59	50
Average # of house sold per month	87.9	75.1	92.6	116.1	127.8	105.2

Current Report as of 11-20-09 in Powers

Active listings: 331
Under Contract and Pending: 179
Absorption Rate: 87.9 homes per month, a 3.76 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family homes in Powers.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Nuiances of Colorado Real Estate

Fri, 20 Nov 2009 12:32:08 -0600

What makes Colorado real estate different?

For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com

I recently took some accreditation classes in another state. It was eye-opening for me to understand how much the laws vary from state to state. Since a major portion of my business is from Internet leads and from people moving to Colorado Springs from other parts of the country, these classes were very helpful.

Some other articles that could be of interest:

Did you know ?

Colorado is an "actual knowledge" state, which means as Colorado Realtors we only need to disclose facts that we know and we must disclosure material facts. Some states are "imputed knowledge states", which means Realtors are expected to know certain things.
Most Realtors in Colorado list properties for sale in their local MLS and ask for 1% for Earnest Money. Some areas in the U.S. ask closer to 10% for Earnest Money.
The majority of Colorado Springs homes get listed in some type of MLS database; and many homes get listed in multiple MLS's. There are some major cities in the U.S. that don't have an MLS.
Colorado doesn't have dual agency. Many states still have dual agency. In Colorado you can only be an agent for either the Buyer or the Seller, you can not be an agent for both.
In Colorado, real estate contracts are in writing. In some states, real estate contracts can be oral and are enforceable in a court of law.
In Colorado, the homes listed in the MLS include basement (below ground) square footage. In some states, the MLS will only allow Realtors to list above ground square footage. This can cause some challenges for national databases and consumer sites, including Zillow.
In Colorado, every listing must include a Square Footage Disclosure which shows were the broker obtained the square footage information. Many states don't use this type of disclosure.
In Colorado, lawyers are often times not involved in real estate contracts. In many states, lawyers are almost always part of the transaction. Colorado Realtors are allowed to use approved Colorado Real Estate Forms; but any new forms should be done by a lawyer.
A sales representative working for a builder is NOT required to be a Realtor in Colorado. In fact, most sales reps aren't licensed Colorado Realtors.
Every Real Estate broker in Colorado carries their own Errors and Omissions Insurance. There are states that don't require Realtors to carry this insurance.
Colorado's Contract to Buy Sell is currently 16 pages. Some states only have a 3 page buy sell contract.

Do you have anything I should add to my list?

Original Article was posted at: 10 things to know about Colorado real estate

A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Research your Realtor and your Mortgage Broker

Fri, 20 Nov 2009 12:27:22 -0600

Is your Colorado Mortgage Broker Licensed?

Does the Colorado Realtor you are working have an active License?

For a free Buyers Guide, Email Kathy Torline at KTorline@msn.com

Must Read Posts:

I got an email this week from DORA (Colorado Department of Regulatory Agencies) about the number of Mortgage professionals who just had their licenses inactivated; and realized it was a great idea for a blog post.

According to an article in 5280, The Colorado Division of Real Estate inactivated 4,560 mortgage-broker licenses-more than half the licenses in the state-because brokers didn't keep up with their licensing paperwork. It's unclear how many of those brokers remain active, but some may have simply left the business as the economy struggles.

Also, according to an article in the Denver Post " More than half of Colorado's mortgage brokers have had their licenses inactivated because they failed to comply with new education and testing requirements that took effect early last month. The Colorado Division of Real Estate on Monday inactivated 4,560 licenses of brokers who have failed to comply with the law. About a third of those were held by out-of-state brokers.

Real Estate License Requirements

As a Realtor, there are many things I have to do to keep my license in good standing, including paying lots of money for dues, having current Errors and Omissions Insurance; and completing a certain amount of continuous education on a yearly basis. When I originally got my license, I had to complete a specified amount of coursework, pass a comprehensive test, as well as go through a background check by the Colorado Bureau of Investigation. Yes, I did get fingerprinted.

New Mortgage Professional License Requirements

Mortgage brokers in Colorado until recently didn't have licensing requirements. But they are now required to also go through a background check, have a surety bond, secure Errors and Omission Insurance, as well as complete coursework and pass a test.

According to the DORA web site, "On and after August 5, 2009, all mortgage loan originators conducting business in this state must be licensed with the Division of Real Estate pursuant to House Bill 1085 . Only those mortgage loan Originators who are licensed or exempt from licensee by law may originate a mortgage, offer to originate a mortgage, act as a mortgage loan originator, or offer to act as a mortgage loan originator." Also, if I understand the law correctly, mortgage loan originators who work for a bank are not required to be licensed. If you want more info, go to the DORA web site; and it gives specifics.

Do your research

If you ever want to double check and make sure the person you are working with has an active license, DORA has a great search page. As an example, when I went to the search page, I put in Kathy as a first name, and 12 pages of Realtors and Appraisers came up.

Also, if someone is involved in a disciplinary action, this information will also show up in this web search, see right hand column in the screen shot picture.

As a licensed Colorado Real Estate Broker, I take my license very seriously. I also feel I have a responsibility to the general public to help inform and educate them.

Make sure you know who you are doing business with.

Original article was posted at: Research who you are working with

A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate Report for Northeast Area as for October 2009

Thu, 19 Nov 2009 14:59:55 -0600

Colorado Spring Real Estate

Market Report for Northeast Colorado Springs, Single Family Homes

Neighborhoods Include: Homes in Vista Grande Terrace, Vista Grande

Search for homes in Northeast Colorado Springs

The Northeast area of Colorado Springs housing market continues to be a NEUTRAL,BUYERS Market, as there is currently a 5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales were only 15% from 2008 to 2007, but average pricing was only down 3.5% from 2008 to 2007. 450 Single family homes have been sold in 2009 vs. 525 for the same period in 2008; a decline of 15%. Sales have increased in Northeast Colorado for 2009, but pricing has continued to decline.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-2009 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	658	742	879	1081	1032	1253
Average Sale Price	$228,816	$232,157	$240,639	$242,175	$237,587	$218,742
Average Days on Market	74	79	73	62	52	50
Average # of house sold per month	65.8	61.8	73.3	90.1	86	104.3

Current Report as of 11-17-09

Active listings: 302
Under Contract and Pending : 111
Absorption Rate: 65.8 homes per month, a 4.5 monthly supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family dwellings in Northeast area of Colorado Springs

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Homes in Colorado Springs - Market Report for EAST for October 2009

Tue, 17 Nov 2009 05:06:56 -0600

Colorado Spring Real Estate

Market Report for East Colorado Springs, Single Family Homes

Neighborhoods Include: Homes in Village Seven, Rustic Hills

Search for Homes in East Colorado Springs

The East area of Colorado Springs housing market continues to be a BUYERS Market, as there is currently a 6 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Pricing continues to go down in 2009 but number of sales is increasing.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-2008 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	605	527	629	760	904	822
Average Sale Price	$171,904	$183,970	$194,693	$196,172	$189,629	$179,908
Average # of house sold per month	60.5	43.9	52.4	63.3	75.3	68.5

Current Report as of 11-17-09

Active listings: 360
Under Contract and Pending : 112
Absorption Rate: 60.5 homes per month, a 6 monthly supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family dwellings in East area of Colorado Springs

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Posted by KAT

Fort Carson Homes - Market Report for October 2009

Tue, 17 Nov 2009 04:52:38 -0600

Colorado Spring Real Estate

Market Report for Fountain Valley and Fort Carson

Single Family Homes

Search for Homes in Fort Carson

The Fountain Valley housing market continues to be a BUYERS Market, as there is currently a 4.1. month of supply of homes on the market. A 6 month supply of houses on the market is typically considered a "NEUTRAL MARKET". Sales units were down 17% from 2008 to 2007, but pricing was only down 5% from 2008 to 2007. Number of homes continue in increase in 2009 but pricing has continued to decline.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-2009 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	1144	933	1120	1293	1447	1349
Average List Price	$168,622	$173,096	$182,374	$182,148	$170,601	$157,908
Sales Price to List Price	TBD	98.4%	98.7%	99.2%	99.5%	99.3%
Average Days on Market	59	88	81	62	58	52
Average # of house sold per month	114.4	77.8	93.3	107.8	120.6	112.4

Current Report as of in Fountain Valley

Active listings: 473
Under Contract and Pending: 223
Absorption Rate: 114.4 homes per month, a 4.13 monthly supply of houses currently on the market

The Fountain Valley is in the District 3 School District

Fountain Valley:
Great views of Pikes Peak
Minutes from Fountain Valley School
20 Minutes from the Colorado Springs Airport
Close to Fort Carson
Close to Pikes Peak Community College
15 - 20 Minutes from Citadel Shopping Mall
15 - 20 Minutes from Downtown Colorado Springs

For more information contact the Fountain Valley Chamber of Commerce

This Colorado Springs Real Estate report contains information on Single Family homes in Fountain Valley.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Posted by KAT

Homes in Colorado Springs - Market Report for Northgate as of October 2009

Tue, 17 Nov 2009 04:41:36 -0600

Colorado Spring Real Estate - Northgate

Single Family Homes

Close to Air Force Academy, includes homes in GlenEagle, Flying Horse

Search for homes in Northgate

The Northgate housing market continues to be a BUYERS Market, as there is currently an 9.5 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "BUYERS MARKET". Sales units in 2008 were down 17% from 2007, but 2008 pricing was only down 7.5% from 2007. Sales units continue to increase in 2009 vs. 2008, but average pricing has continued to decline.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-2009 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	232	247	298	394	389	344
Average Sale Price	$344,792	$373,119	403,415	$402,875	$384,487	$336,480
Average Days on Market	97	114	109	76	69	69
Average # of house sold per month	23.2	20.6	24.8	32.8	32.4	28.7

Current Report as of 11-15-09 in Northgate

Active listings: 221
Under Contract and Pending: 52
Absorption Rate: 23.2 homes per month

This Colorado Springs Real Estate report contains information on Single Family homes in Northgate

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Posted by Kathy Torline

Black Forest Homes in Colorado Springs -- Market Report for October 2009

Sat, 14 Nov 2009 17:30:34 -0600

Colorado Spring Real Estate

Market Report for Black Forest in Colorado Springs - Single Family Homes

Search for Homes in Black Forest

The Black Forest area of Colorado Springs housing market continues to be a BUYER's Market, as there is currently a 16 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales are only down 4.6 % from 2008 to 2007, but average pricing is down 6.2% from 2008 to 2007.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-2009 to 10-30-09	2008	2007	2006	2005	2004
Number of Homes Sold	114	156	163	234	256	228
Average List Price	$354,998	$427,604	$448,309	$452,613	$386,285	$346,144
Average Days on Market	127	111	103	103	84	68
Average # of house sold per month	11.4	13	13.6	19.5	21.3	19

Current Report as of 11-14-09

Active listings: 201
Under Contract and Pending : 17.6
Absorption Rate: 11.4 homes per month, a 17.6 month supply of houses currently on the market

This Colorado Springs Real Estate report contains information on Single Family dwellings in Black Forest area of Colorado Springs

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Posted by KAT

Briargate homes in Colorado Springs -- Market Report for October 2009

Sat, 14 Nov 2009 17:23:15 -0600

Colorado Spring Real Estate - Market Report for Homes in Briargate

Single Family Homes

Includes Homes in Pinecreek, Windjammer, Gatehouse Village, Summerfield

For a Free Market Analysis on your neighborhood, email Kathy Torline at KTorline@msn.com

The Briargate housing market continues to be a BUYERS Market, as there is currently a 6.9 month of supply of homes on the market. A 6 month supply of houses on the market is considered a "NEUTRAL MARKET". Sales units were down 25% from 2008 to 2007, but pricing was only down 11% from 2008 to 2007. 480 single family homes have been sold in 2009 vs. 501 for the same period in 2008; a decline of 16%.

Recap of 2009, 2008, 2007, 2006, 2005, and 2004

	1-1-2009 to 10-31-09	2008	2007	2006	2005	2004
Number of Homes Sold	480	584	780	944	985	829
Average List Price	$294,810	$309,932	$348,414	$365,186	$291,910	$259,339
Sales Price to List Price	TBD	97.6%	98.5%	99.4%	99.2%	98.6%
Average Days on Market	89	99	82	62	47	53
Average # of house sold per month	48	48.7	65	78.7	82.1	69.1

Current Report as of 11-14-09

Active listings: 298
Under Contract and Pending: 103
Absorption Rate: 48 homes per month, a 6.20 month supply of houses currently on the market

Briagate homes are:

30 Minutes from the Colorado Springs Airport
15 - 20 minutes from Citadel Shopping Mall
15 minutes from Chapel Hills Mall
15 - 20 Minutes from Downtown Colorado Springs
15 - 20 minutes from the Air Force Academy
15 minutes from UCCS
15 minutes from Downtown Colorado Springs
Minutes from the Pro Rodeo Hall of Fame

This Colorado Springs Real Estate report contains information on Single Family homes in Briargate

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

Military relocation? 6 tips to read before you buy a home

Posted by KAT

Colorado Springs Neighborhood Pick of the Week - Pinecliff

Wed, 11 Nov 2009 07:09:29 -0600

My neighborhood pick of the week- Pinecliff

As I've been out looking at properties recently all over Colorado Springs, I thought I'd start a new weekly series on my neighborhood pick of the week. Hope you enjoy it!

Search for Homes in NorthWest Colorado Springs

Pinecliff is a secluded community in northwest Colorado Springs of mostly custom homes built along the sides of a treed valley and on top of a cliff.

To get to Pinecliff, from I-25 and Garden of the Gods, go west on Garden of the Gods, North on Rusina Road, West (Left) on Popes Valley Dr OR West (Left) on Point of the Pines.

Single family homes in Pinecliff currently range in price $290,000 to $675,000; Townhomes range in price from $170,000 to $375,000 and complexes are Pebblewood, Mission Ridge, and the Pinecliff Townhomes. The majority of the houses were built in the 1980's and 1990s, and range from 2500 to 5500 square feet. The styles vary from 2 story, to ranches, to 4 story houses. Many of the homes offer panoramic views of the area and of Garden of the Gods and the neighborhood has over 600 homes.

Finish Reading the article at: Pinecliff homes, secluded and quiet

Relocating to The Air Force Academy? Here's some great info to make your move easier.

It's against the law

Remember, Knowledge is Power

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate by Kathy Torline

Colorado Springs Foreclosures - Black Forest Area as of 11-10-09

Tue, 10 Nov 2009 07:53:03 -0600

Black Forest Homes

Market breakdown for Active Homes as of 11-9-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Active homes for sale: 202

Short sales: 15 (7.4%)
Bank-owned: 6 (3%)
Regular: 180 (89.1%)
HUD: 1 (.5%)

Active Homes for Sale as of 11-9-09:

Single Family Homes: 188 (93%)
Condos/Townhomes/Patio Homes: 14 (7%)

Partial list of Foreclosed homes currently on the market

Address	PT	Br/Ba/G	FLR	YB	Fin SQ	Tot SQ	LP	CDOM
13485 Woodlake RD	SIF	3,3,2	1.5	1996	2,368	2,368	$227,500	134
15570 Terra Ridge CR	SIF	5,5,3	5+	1998	2,889	3,032	$299,900	68
6060 Vessey RD	SIF	3,3,2	2	1949	3,750	3,750	$325,000	53
12440 Lonesome Pine TR	SIF	6,5,4	RAN	1999	5,176	5,176	$382,000	350
10470 Elizabeth WY	SIF	5,6,4	RAN	2004	5,014	6,686	$418,525	35
6070 Connaught DR	SIF	4,5,4	RAN	2007	4,961	5,221	$640,000	40

This Colorado Springs Real Estate report contains information on homes in East Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Remember, Knowledge is Power

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Foreclosures -- Northeast Colorado Springs as of 11-10-09

Tue, 10 Nov 2009 07:35:00 -0600

Market information for Active and Foreclosure Homes in Northeast Colorado Springs As of 11-4-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Neighborhoods: University Park, Pulpit Rock, Vista Grande, Sundown, University Heights, Wagon Trails, Garden Ranch

Breakdown of homes for sale, INCLUDING FORECLOSURES: 409

Short sales: 25 (6.1%)
Bank-owned: 18 (4.4%)
Normal: 362 (88.5%)
HUD: 4 (1.0%)

Active homes for sale: 409

Single Family Homes: 304 (74%)
Condos/Townhomes/Patio Homes: 105 (26%)

Partial list of Foreclosed homes currently on the market

Address	PT	Br/Ba/G	FLR	YB	Fin SQ	Tot SQ	LP	CDOM
5030 El Camino DR 13	CND	2,1,0	RAN	1979	793	793	$49,900	52
4867 Bluestem DR	TOW	2,2,1	2	1981	1,010	1,010	$85,000	26
2462 Blazek LP	TOW	2,2,1	2	1984	1,140	1,439	$100,000	109
4110 Meadowland BL	SIF	3,2,1	BIL	1967	1,422	1,458	$117,950	47
1023 Dublin BL	TOW	2,2,1	2	1983	1,067	1,067	$119,900	665
2468 Hatch CR	TOW	3,2,2	2	1993	1,176	1,356	$135,000	43
2449 Ranch LN	SIF	6,3,1	RAN	1973	2,816	2,844	$141,000	158
3719 Meadowland BL	SIF	4,2,0	RAN	1964	2,015	2,194	$149,900	5
4667 Ridgeglen RD	SIF	4,2,1	TRL	1970	1,560	1,560	$153,698	36
4105 Sunny Vista HT	TOW	3,2,2	2	2000	1,810	1,810	$164,900	70
3116 Westwood BL	SIF	3,3,2	TRL	1970	1,614	1,614	$168,500	20
6060 Whetstone DR	SIF	5,4,2	2	1998	3,186	3,306	$185,000	5
5070 Willowbrook RD	SIF	3,3,2	4	1984	2,291	2,305	$202,900	67
4885 Little London DR	SIF	3,3,2	2	2000	1,695	2,159	$204,900	88
5032 Harvest DR	SIF	4,4,2	4	1983	2,281	2,281	$206,000	35
4783 Bridle Pass DR	SIF	3,2,2	RAN	1999	1,064	2,128	$209,950	102
5521 Galena PL	SIF	3,3,2	RAN	1977	2,722	3,153	$244,900	11
5180 Sunset Ridge DR	SIF	4,3,2	2	2001	2,816	3,930	$279,900	3
5267 Fossil Butte DR	SIF	5,4,2	2	2007	3,075	3,127	$299,900	25
2174 Wake Forest CT	SIF	4,5,4	RAN	2007	4,699	5,050	$670,000	554

Colorado Springs Real Estate report contains information on homes in Northeast Colorado Springs:

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Remember, Knowledge is Power

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

www.Kathytorline.com & www.ColoradoSpringsVintageHomes.com

Colorado Springs Foreclosure - East Colorado Springs as of 11-6-09

Sat, 07 Nov 2009 05:29:49 -0600

Market information for Active and Foreclosure Homes in East Colorado Springs As of 11-6-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Neighborhoods: Homes in Sundown, University Heights, Rustic Hills, Northridge, Village Seven

Breakdown of homes for sale, INCLUDING FORECLOSURES: 351

Short sales: 25 (7.1%)
Bank-owned: 11 (3.1%)
VA Owned: 1 (.3%)
Regular: 314 (89.5%)

Active Homes for Sale: 351

Single Family Homes: 250 (71%)
Condos/Townhomes/Patio Homes: 101 (29%)

Address	PT	Br/Ba/G	FLR	YB	Fin SQ	Tot SQ	LP	CDOM
2440 Palmer Park BL 107	CND	1,1,0	RAN	1982	512	512	$52,000	18
4867 Bluestem DR	TOW	2,2,1	2	1981	1,010	1,010	$85,000	23
2462 Blazek LP	TOW	2,2,1	2	1984	1,140	1,439	$100,000	106
2322 N Union BL	SIF	3,1,1	RAN	1954	1,226	2,023	$107,900	36
4105 Sunny Vista HT	TOW	3,2,2	2	2000	1,810	1,810	$164,900	67
2111 Tesla DR	SIF	3,3,1	RAN	1967	2,756	2,864	$173,900	3
6060 Whetstone DR	SIF	5,4,2	2	1998	3,186	3,306	$185,000	2
2519 Sturgis RD	SIF	4,3,2	RAN	1960	3,004	3,040	$185,900	250
5070 Willowbrook RD	SIF	3,3,2	4	1984	2,291	2,305	$202,900	64
5032 Harvest DR	SIF	4,4,2	4	1983	2,281	2,281	$206,000	32
5267 Fossil Butte DR	SIF	5,4,2	2	2007	3,075	3,127	$299,900	22

This Colorado Springs Real Estate report contains information on homes in East Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Remember, Knowledge is Power

A Colorado Springs Real Estate Agent You Can Trust

Selling HOMES in El Paso & Douglas County; including Colorado Springs, Monument, Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake