HARRY'S BI-WEEKLY UPDATE 4.25.25
HARRY’S BI-WEEKLY UPDATE
A Current Look at the Colorado Springs Residential real estate Market
As part of my “Special Brand of Customer Service”, it is my desire to share current Residential real estate issues that will help to make you a more successful and profitable Buyer and Seller.
SOME OF THE SAME…EXCEPT THAT FOLKS ARE LISTING THEIR HOMES DURING THIS BUYING AND SELLING SEASON AT A GREATER RATE THAN IN THE RECENT PAST
The spring buying and selling season is now underway and heating up in the Colorado Springs area even as I write this.
You may be reading that “home sales are seeing their steepest decline in 2 years” but always remember what I’ve told you time and again-----what is happening in the U.S. in general is not necessarily what’s happening here.
I caution my clients to remember that when it comes to home buying and selling—always look at what’s going on LOCALLY.
Colorado Springs and vicinity is fortunate in that it’s a place where folks find a work/life balance that is unbeatable and that’s why more and more companies are expanding and/or relocating here. There are a number of folks that want to retire here as well.
With those expansions and relocations come employees who need a place to live and that keeps folks like me busier than many of my contemporaries in some other parts of the country.
I tell you this because, as you will see in the graph from the ERA Shields quarterly newsletter that I’ve reproduced below, sales and listings LOCALLY are up and that trend will likely continue, at least through the spring buying and selling season.
Interest rates are lower than they have been, and folks are getting used to the fact that the days of historic lows are not likely to return any time soon, if ever.
Those that have been “on hold” are watching homes continue to appreciate while they were waiting for interest rates to fall and realizing that waiting is going to cost them, most especially in the home appreciation that’s happening while they wait. They are ready to make a move or at least find out whether a move right now might be in their best interest.
That’s where I come in. My 52 years in the local Residential real estate arena, coupled with my background in Investment Banking makes me more than qualified to help my clients find the best solution to their housing needs. I can also steer them in the direction of the most appropriate financing options for their individual situation.
NOW is the best time to start your search if you’ve even considered a move in the last year or more. You might be surprised to find that the possible increased equity in your present home will provide you with a greater down payment, which in turn will result in less of a monthly output than you might expect.
But you won’t know anything unless you get together with me and we figure out how to put your wants, needs and budget requirements to the best use to find just the right place for you and your family.
Give me a call today at 719.593.1000 or email me at Harry@HarrySalzman.com and together let’s see how your Residential real estate dreams can become reality in the best time frame for you.
“ON THE HOME FRONT” …OUR ERA SHIELDS QUARTERLY PUBLICATION
ERA Shields Vol 2, 2025
I’m happy to share the newest edition of our company’s quarterly newsletter. I think you will find a lot of interesting and helpful information. And, as always, if you have any questions, please give me a call.
IF THE ASKING PRICE ISN’T COMPELLING, IT’S NOT SELLING…an infographic
Keeping Current Matters, 4.18.25
Some Highlights:
- Unfortunately, a lot of today’s sellers are wanting to set their asking price unrealistically high, which is leading to an increase in price cuts.
- One of the most common reasons this is happening is that sellers are not paying attention to the local market conditions or are not listening to someone like me who can tell them the most realistic listing price.
- The best way to avoid overpricing your home is to meet with me and I can help provide comparisons and other factors to help you determine the best selling price.
