Weekly Market Update September 23 2020

Here is what's happening for Real Estate in Colorado Springs for the week ending on September 20, 2020!

Homes under contract:

390

Homes go to closing:

437

We are heading into the winter months, but our market is still very healthy! Interest rates are at an ALL-TIME LOW!  Now is the time to purchase your home with payments lower than most rentals and we offer all our buyers a rebate, which puts cash back in your pocket!

So why do homes stay on the market longer than others or reduce their price?  Here in Colorado Springs, a home on the market longer than 3-4 weeks is a long time.  The housing inventory just moves very quickly because there is a lot of demand for them.  If your are selling your home and you aren't getting the offers you were hoping to get, you may need to request a fair and accurate market analysis to see if your home is priced right.  Many people are hoping to demand top-dollar for their home, and though many get it, if your home is over-priced, it could really limit the people who would be willing to even look at your home, and thus limiting potential offers.  If you aren't sure if you have received a fair market analysis, give us a call.  We have been experts with the Colorado Springs market for over 17 years and we will be happy to help.

Are you interested in finding out about Deborah Elliott-Shultz and City of CS Real Estate and Lifestyle’s flat listing fee of $4000*? Visit cityofcs.com or call (719) 641-1357 to speak with Deborah.

And, have you heard about our buyer’s rebate? That’s right! We give back 25% of our commission to help you with your closing costs or to buy new appliances which will be reflected on the settlement statement, and you’ll get it at closing. Give Deborah a call to speak with her about buying or selling a home with City of CS Real Estate and Lifestyle.

If you have any real estate questions, or to find out how City of CS Real Estate and Lifestyle can help make your real estate experience more affordable, call Deborah Elliott-Shultz at (719) 641-1357.

And check out cityofcs.com if you’re interested in joining Deborah’s preferred provider list, the people whom she has vetted and works with in her business. Among them is sponsor Ryan Herbig of American Liberty Mortgage. If you’re looking to buy a house and need a mortgage lender, give him a call at (719) 659-0043.

 

* Homes Listed at $600,000.00 and over are charged a 1% Listing Fee. Compensation fee for the Buyers Agent is in addition to the $4,000 flat fee.

Our Preferred Providers