“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Colorado Springs Realtor ® - Cherise Selley

February STAT PACK – Colorado Springs Real Estate

STAT PACK

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 Real Estate to consider for your participation in this very prime market for 2012:

First – “Seller probability of sale in 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 yr low in inventory, sellers have little competition.”

Second – “It is $4.77 per thousand to finance your money these days. That means the Principal & Interest payment on a $200K mortgage is only $954 a month.”

Click on to www.cosrealestate.com to view the February STAT PACK.

Feel free to contact Colorado Springs Realtor, Cherise Selley, Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

“Based on information from the Pikes Peak REALTOR® Services Corp (“RSC”), for the period January 1, 2005 through February 10, 2012. RSC does not guarantee or is in anyway responsible for its accuracy. Data maintained by the RSC may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.” Additional sources include CSHBA, PPRBD, The Gazette, www.FHFA.gov, Zillow.com, Standard & Poors, Freddie Mac, Colorado Springs Business Journal, ROOST.com, ALTOS Research, CNBC.com, Bloomberg.com and www.PMI-US.com.

Simplification Applies to Social Media Marketing

Social Media Marketing

GIVEN:

Undoubtedly, social media marketing plays an integral role in the promotion and exposure of one’s business today. There is plenty of evidence to suggest that being top heavy with SEO without considering an emphasis on social media marketing and branding might be compared to trying to run a competitive race on a sprained ankle. The strength of the business model must have developing areas of growth to accommodate for ongoing market vulnerabilities and changes.

TREND:

With that said, we have noticed a growing trend regarding social media marketing that requires some attention. Although social media helps to unfold the deeper layers of an organization for the consumer, this form of marketing also follows some of the emotional trends associated with majority opinion and popularity sentiment.

RECOMMENDATION:

Following the loudest, or liking radical idealism, or suggesting and sharing the most comically absurd are certainly individual choices for one’s participation in the social media arena, but perhaps, we might want to consider being careful with our fascinations and ultimate addictions to this facet of marketing technology. Although we can intersect our lives with far more people through social media, this does not mean that we are establishing true friendships or loyal alliances or deeper business relationships as what seemed to be one of the benefits from this form of marketing.

We do not fault anyone who is part of social media these days. In fact, we are very much part of this medium as well. But what we have noticed, from the business-building standpoint, is that an overuse of social media by the consumer can also have the opposite effect on its intended purpose of connection. Sometimes the consumer gets bundled with the masses and becomes part of other social networks, which was unintended in the first place.

We believe the principles of simplification serve well as this relates to social media marketing. In other words, target your audience, and as consumers, be specific with your searches.

Going after higher merit, connecting with others of strengthened character, and using this social instrument for the purposes of selecting quality over quantity are ways to instill longer-lasting relationships than simply pushing buttons to be a part of nearly everything that's constantly available.

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 @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Listing and Sales Summary – January 2012 – Colorado Springs Real Estate

Slower Real Estate Movement

Listing and Sales Summary – January 2012 – Colorado Springs Real Estate

When looking at the Listing and Sales Summary of single family/patio homes for January 2012 (provided by the Pikes Peak REALTOR® Services Corp), this Colorado Springs CO Realtor would like to share a few thoughts to consider.

Let’s not sugarcoat this particular report. Our real estate market deserves much better. It deserves the truth about its activity. Just because we’re experiencing a hiccup in momentum right now, it doesn’t mean that things will not pick up after we’ve swallowed a cool cup of water.

  • Compared to January 2011, our total active listings are down 27.0%, from 4,326 to 3,157 listings at the end of January 2012. Practically speaking, our listing inventory is just about as low as I’ve seen it for many years. Sellers are not putting up their homes as active listings if the numbers aren’t reasonable for both parties concerned, both buyers and sellers. Potential sellers are not going to take huge losses, especially if they still have their jobs to hold on to.
  • I think the theme of “pause” as oozed its way down the mountain of politics into the everyday lives of our citizens. I have found that there is plenty of possible business brewing out there, but people are very indecisive during the first quarter of 2012. Compared to last month, actual sales are down 27.2%, but are still 3.0% higher than January 2011 statistics reveal.

The Cool Cup of Water…

If the listing inventory levels are closely approximated to the actual sales that occur in 2012, then I anticipate that there will be an increase in the home values somewhere around the latter portions of 2012, which is consistent with the PMI index about home stabilization pricing levels for Colorado Springs.

Feel free to contact Colorado Springs Realtor, Cherise Selley, Broker/Owner of Selley Group Real Estate, LLC or you may contact our group of Colorado Springs Realtors @ www.selleygroup.com or 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

“Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period January 2011 through January 2012. RSC information may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.”

Northgate Colorado Springs 80921 Stats – January 2011 to January 2012

selley group

Northgate Colorado Springs 80921 Stats – January 2011 to January 2012

Below are some remarkable statistics about Northgate neighborhoods regarding Single Family/Patio Homes:

Sold Listings:

  • 7

Median Sales Price:

  • 285,000

Average Sales Price:

  • 332,286

Median List Price:

  • 295,000

Sale Price to List Price %:

  • 96.4

Currently, the Average Days on the Market is 118.

Just from last month, there has been a significant decrease in sold listings, from 24 to 7, as well as a dramatic decrease in the median sales price from $362,450 to $285,000. The trend continues per month, in which increases and decreases in all facets of the listing sales trade seats every other month. The bottom prices for the median sales price still hovers over the $322,000 mark, when considering all the variables over any length of time.

Northgate Colorado Springs neighborhoods continue to grow with an assortment of choices in residential living. Make no mistake about it. This particular area serves as the companion between the heart of Colorado Springs and the Monument community, which is north of our beautiful city. Strategic access to I-25, as well as shopping, dining, and having the buzz of growth with hotels, movie theatres, and possibility the new construction of a one-of-a-kind of shopping mall, Northgate defines an area of Colorado Springs where vision is becoming part of the reality of our heartbeat.

To purchase Colorado Spring Real Estate, feel free to contact our Colorado Springs Realtors at Selley Group Real Estate, LLC: 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

“Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period January 2011 through January 2012. RSC information may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.”

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Northwest Colorado Springs 80919 Stats – January 2011 to January 2012

selley group

Northwest Colorado Springs 80919 Stats – January 2011 to January 2012

Below are some remarkable statistics about Northwest neighborhoods regarding Single Family/Patio Homes:

Sold Listings:

  • 23

Median Sales Price:

  • 275,000

Average Sales Price:

  • 328,749

Median List Price:

  • 284,000

Sale Price to List Price %:

  • 95

Currently, the Average Days on the Market is 92.

In comparison to last month, the sale of listings has increased 10 units, from 13 to 23, and the median and average sales prices virtually remained unchanged during January. This is opposite of the prior month numbers and I expect to see an uptick in the January trends to pervade during the first quarter of 2012. There is evidence that the market continues to adjust, even during this time of apparent stability.

Northwest neighborhoods 80919 offers the “Colorado-feel” when it comes to the outdoor recreational lifestyle. Close to Garden of the Gods, as well as Ute Park and hiking trails, there’s plenty to do while enjoying an up-close view of the scenic front range. Beautiful homes, good schools, places to dine and easy access to I-25 make the Northwest desirable for suburban living.

To purchase Colorado Springs Real Estate, feel free to contact our Colorado Springs Realtors at Selley Group Real Estate, LLC: 2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

“Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period January 2011 through January 2012. RSC information may not reflect all real estate activity in the market and is provided as is without warranty or guaranty.”

All agents affiliated with Selley Group Real Estate, LLC are actively licensed in accordance to the laws of Colorado.

Portions of this article are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.