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Cherise Selley

Colorado Springs Realtors - Selley Group - Local Market Reporting

In a recent article written by Becky Hurley entitled, "Prices soft, but local home market impressing researchers," she reported that "Colorado Springs ranks 3rd on the top 10 list of cities most likely to return from the downturn, based on data from Zillow.com."

The good news shows continued development within various business sectors, especially regarding defense contract work, increased military influx, ongoing Olympic presence, as well as sprouts of small business growth.

Zillow.com surveys report that within the past five years, Colorado Springs sales prices have only depreciated 1.7 percent, which is trivial compared with other areas throughout the United States. For example, in Las Vegas, listing prices fell 3.7% last month alone.

More realistically from the viewpoint of this Colorado Springs Realtor, I've seen this depreciation figure vary from 7-9% over the past 3-4 years, which again appears reasonable for this climate of economic correction.

While the Colorado Springs Real Estate market remains ripe for the forward-thinking buyer or investor, it's important to make a purchase where the viability for appreciation exists. The deals are out there regarding any price range. Colorado Springs Realtors with Selley Group Real Estate, LLC possess the know-how and the stick-ability of leadership to find the best deals on the market regardless of the consumers' needs.

I don't know how everyone else views the state of the Colorado Springs Real Estate market. The opinions vary profoundly. As for myself, I perceive steady growth from our current bottom line. I do not anticipate gigantic spikes of appreciating value, but I believe continued, slow and steady, progress is on the horizon over the next few years. Some of the key factors to fuel this real estate market also include stimulating job growth and the maintaining of reasonable interest rates.

Aren't these requirements also required throughout the entire United States as it pertains to stimulating other real estate markets?

For more information about our Colorado Springs Realtors, click on to www.selleygroup.com.

Colorado Springs Realtor - Cherise Selley - Bridging The Gap

Unknown knowledge of the present tends to perpetuate fear in the future. And when I speak of unknown knowledge, I'm referring to the misunderstood idiosyncrasies between the Baby Boomer generation and the younger Gen X & Y as this relates to the relevancy of buying or selling Colorado Springs Real Estate.

Last night I stopped by a function sponsored by Peoples Mortgage - a Hawaiian Luau for purposes of business networking. Many of the Colorado Springs Realtors who attended are part of the Baby Boomers. When listening to some of the chitchat between agents, I felt somewhat out of place. Not being socially inept because of my leadership affiliations, both personally and professionally, I realized that many Colorado Springs Realtors really do not understand my generation.

Let me add some words of encouragement for Colorado Springs Realtors...

As discussed among some of the crowd, the Gen X & Y'ers are not fully self-absorbed, devoid of deeper relationships. Instead, they're on a quest for truth, casual with the meaningless traditions, even as this correlates to buying or selling Colorado Springs Real Estate property.

Technological gadgets are not expressions of the entirety of one's image. Rather, technology enables the potential purchaser or seller with knowledge. The social media component is used for networking and quick-paced decision-making, not for ways to be sold within the marketplace. Social networking creates this type of invisible shield in which the Generation X or Y'er does not feel taken advantage of...

It allows for a different mindset to process information without feeling the pressure of sales or deadlines. It helps the individual to feel more balanced with life, being able to respond to important decisions and then to focus on more meaningful things, like eliminating distractions and then cultivating relationships. Twitter and facebook allow for the expenditure of time with acquaintances. It's not a place for being sold. In fact, this is a complete turn-off for the Gen X & Y'ers, especially when the Baby Boomers start to invade this place with hidden sales agendas.

Technology does not create trust between the Colorado Springs Realtor and the customer. Ultimately the personal relationship does, even with the different nuances between the generations. People of the upcoming generation are looking for the truth behind knowledge, sifting through the superficial with technology.

While the two generations have distinctive character traits, each needs each other more than ever. Neither is more valuable than the other. There are simply different, but I believe very much the same in the need to search for underlying truth.

For more blogs from an Elite 25 Colorado Springs Realtor, click on to www.selleygroup.com.

Colorado Springs Realtor - Cherise Selley - Luxury Home Sales

According to The Institute for Luxury Home Marketing, the national inventory of luxury homes continues to rise though home values within this price range are languishing. Regarding the Colorado Springs Real Estate market, as an Elite 25 Colorado Springs Realtor I personally deal with clientele of this price consideration. In fact, I represent a custom home builder who builds fabulous luxury homes with all of the imagined amenities.

Although this segment of the market has been significantly bruised, there are still pockets of new home sales activity. For instance, as seen with the builder I represent.

Not all Colorado Springs Realtors can jump on to the gravy train of old, thinking that they're immediate experts to properly handle the high-end housing market. It takes above average innovation and skilled marketing to really feature this quality of product to a select few who can afford this type of purchase.

Within the Colorado Springs Real Estate market, ranging from the mid-$700's and higher, I've seen a six-year inventory of luxury homes remaining unsold. Factors of stringent loan requirements, job losses and shrinking investments contribute significantly to the backlog of standing inventory.

The bad news has already been elaborated by me. The good news is that new home permits are slightly increased. And the luxury new home builders who have future vision are really doing a great job with combining skilled craftsmanship to meet tighter budget constrictions so the needs of the consumer can still be met appropriately.

While the lower-end listing inventory continues to shrink, conversely, the higher-end luxury home sales will eventually increase proportionally as well.

For additional blogs, please click on to www.selleygroup.com regarding the real estate opinions from Colorado Springs Realtors.

Colorado Springs Realtor - Cherise Selley - Agent Performance

In a blog I posed the question about whether Colorado Springs Realtors are replaceable or not. Obviously, I came to the conclusion that Colorado Springs Realtors should not be supplanted by institutional change from the context of managed banking and/or big government, just to mention a few. Basically, the Colorado Springs Real Estate industry needs those who are sharpening their professional skills about real estate, as well as developing stronger relationships will all associated industries.

As a Colorado Springs Realtor, to become invaluable means to develop professionally. This grinding process includes further education, above-average innovation, hard-work coupled with long hours and the ability to persevere through fast-changing circumstances. Selling Colorado Springs Real Estate requires the ability to look at this vocation as an art and to develop the necessary skills to perform its tasks at high levels.

J.D. Power and Associates surveyed 2,801 people who either purchased or sold residential property between April 2007 and June 2008. Of course, this company compiled a variety of statistics, rating services and products about the real estate industry.

Mainly, the larger companies were evaluated on a point system. Amongst homebuyers, Keller Williams ranked highest and among sellers, Prudential scored the top spot against other real estate companies, like Coldwell Banker, RE/MAX, Century 21, ERA and GMAC.

When evaluating this 2008 survey, agent performance was the biggest factor as it related to customer satisfaction. According to Jim Howland, senior director of the real estate and construction practice at J. D. Power, "The agents are still very important for both buyers and sellers - that's still the key driver - but the moral of the story is the additional services factor has taken on more importance."

Regarding Selley Group Real Estate, LLC, our company offers additional services, especially referrals to highly qualified lenders, inspectors, title companies and any other contract services needed to successfully close the Colorado Springs Real Estate deal.

Fitting with our core ideology, our clients' interests become ours. We believe this is the center-cut for performing excellent real estate services and acquiring Colorado Springs Realtor accolades.

For more information about this blog article, please click on to www.selleygroup.com regarding Colorado Springs Realtors.

Colorado Springs Realtor - Cherise Selley - Recovery or Temporary Hype?

Colorado Springs Realtors - Selley Group - Recovery or Temporary Hype?

It's been discussed time after time by many financial experts on almost every cable news station in the United States. The unprecedented financial crisis was and is something very serious to the overall state of our economy, in terms of how it affects every American, as well as how it influences the current global recession.

Dr. David Kelly, Chief Market Strategist of J. P. Morgan Funds, believes the Federal Reserve undertook many initiatives to restore order. And many of these initiatives acted like pilot-versions, testing the stress of their theoretical impacts upon the markets.

As Dr. Kelly affirmed, it wasn't so much what the tests revealed, but rather, it sent a clear message that the biggest financial institutions would not be allowed to fail under any circumstances, even if the US government got themselves over-involved.

Regarding housing starts, productivity growth appeared reasonably strong, given that it is common to see spiking dips during recession periods. This was evident also within the Colorado Springs Real Estate housing market.

While savings have risen over the past quarter, the good news is that this sets the stage for better hiring, capital spending and consumer spending over the upcoming months. According to the statistics, economists are not far off (about 1%) of their predictions, believing that a recession to recovery is imminent.

What exactly bottlenecks the economy appears fuzzy. While the experts hint of the need for consumer spending to spark the real comeback from recessive times, others insist that the fastest growth sectors should come from rebuilding inventories, rebounding capital spending and enlarging government. Of course, partisan politics marginalizes the realities of macroeconomics.

Other derailment risks that could potentially encourage further recession include tightening credit factors and geo-political shock. Our economy is definitely intertwined with the events of a diversified world scene. Therefore, unpredictability looms in the background, inspiring others to invest regardless and equally if not greater, causing many to withdraw financially due to fear.

In fact, the consumer numbers for July were lower than anticipated, especially as this relates to retail sales (down 0.01%), increase in jobless claims, as well as a record number of foreclosures. It appears as if projected foreclosure numbers are on track of 1 million foreclosures per every 12 weeks.

As for the consumer who seeks advice from Colorado Springs Realtors, the market is postured for gains, but an overall understanding of the markets helps to discern the importance of purchasing either residential or commercial properties.

For more information from an Elite 25 Colorado Springs Realtor, please click on to www.cheriseselley.com.