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Colorado Springs Realtor - Cherise Selley - Buying a Home

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Real Estate Broker/Owner with Selley Group Real Estate, LLC

Personally, as an Elite 25 Colorado Springs Realtor, I've seen our Colorado Springs Real Estate market mimic that of 2002.  In other words, we're down to 2002/2003 prices, and as I've written previously, I believe Colorado Springs Realtors, as well as the public, can expect to see some gains during 2010 unless unforeseen geopolitical happenings suddenly arise.

Nevertheless, there are some intangibles about this current Colorado Springs Real Estate market that differ significantly from that of seven years ago.  The inventory of short sales and foreclosures impacts the way the business operates today.  Besides horrendous delays and uncertainties, the short sale process is extremely difficult to navigate.  And I'm not referring to the Colorado Springs Realtor exclusively.  The process extracts quite a bit of energy from the perspective buyer as well with no guarantees that he or she will actually be able to purchase the Colorado Springs property.

For the buyer who is looking to actually purchase a home, I recommend just that.  The consumer must renew his or her mindset about what it means to purchase a home.  Because if he or she is simply looking for the best deal and find this through the short sale or foreclosure process, this might not necessarily equate to buying the best home for his or her benefit.

As Marcia Kies, CRS, an agent in lake Oswego, Oregon states, "People have to get out of thinking their home is like an ATM.  It's one thing to be an investor, but when buyers start getting serious, they realize foreclosures or short sales that seem like such a great deal aren't such a great home."

Feel free to contact our offices for the purchase of your next home, 719-598-5101.

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