🏡 Latest Home Sales and Market Insights for Colorado Springs

Local Real Estate Edition | #24-321 11/16/24

COS Town Tidings #24-321

Real Estate Roundup Edition

🏡 Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights - (Gmail will truncate, 👉click to READ ONLINE)

📢 ATTENTION REATORS! 🏠

🏠 Home Appraisals & Inspections Made Simple

📢 ATTENTION MORTGAGE BROKERS!

🔮 Is Waiting for Lower Rates a Gamble?

🏡 Home For Rent

🌤 COS Weather - Mostly sunny with slight cold front passing through

Today’s Real Estate Roundup is Sponsored by Your Neighborhood Realty!

 


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Real Estate Roundup

🏡 Unlock the Colorado Springs Housing Market: Latest Home Sales and Market Insights

Black Forest

Properties recently sold ranging from $840K to $2.32M. Click to view Black Forest listings

Briargate

Properties recently sold ranging from $310K to $643K. Click to view Briargate listings

Broadmoor

Properties recently sold ranging from $1.4M. Click to view Broadmoor listings

Cimarron Hills

Properties recently sold ranging from $180K to $427K. Click to view Cimarron Hills listings

Banning Lewis Ranch

Properties recently sold ranging from $570K to $672K. Click to view Banning Lewis Ranch listings

Mountain Shadows

Properties recently sold ranging from $315K to $677K. Click to view Mountain Shadow listings

Old Colorado City

Properties recently sold ranging from $328K to $1.5M. Click to view Old Colorado City listings

Downtown Colorado Springs

Properties recently sold for $380K. Click to view Downtown Colorado Springs listings

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📢 ATTENTION REALTORS! 🏠

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Are you a local realtor (or know one) wanting to become one of our experts? Our subscribers want to hear from YOU directly! Or are you selling a home or property? We can also list open houses. Inquire for details at [email protected] 

🏠 Home Appraisals & Inspections Made Simple

Appraisals and inspections are two critical aspects of the home-buying process that can either confirm your decision or reveal challenges. With the right guidance, these challenges don’t have to stand in the way of achieving your goals. 🔑

 

📢 ATTENTION MORTGAGE BROKERS!

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Are you a mortgage broker and want to become one of our experts? Inquire for details at [email protected]

🔮 Is Waiting for Lower Rates a Gamble?

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Mortgage rates have experienced a rollercoaster this year, dipping to 6.08% in Sept before climbing back to 6.78% in Nov. While current rates are still lower than last year, they remain challenging for many prospective homeowners.

The Federal Reserve’s recent rate cuts aim to lower borrowing costs, but their impact on mortgage rates has been limited so far. Experts suggest rates will likely decline gradually, with significant relief expected in 2025 as inflation eases.

For potential buyers, waiting for rates to drop further may be a gamble. If you can afford a home now, experts advise moving forward, as the long-term cost of waiting might outweigh short-term savings. Another Fed rate cut is expected in Dec, which could further influence the market. *Read Source 

 

🙋‍♀️ Are you looking for a cozy rental through March? 

We personally know the owner of this fully furnished 4-bed, 2-bath Victorian home in Old Colorado City that could be a perfect short-term rental for you or someone you know. It's full of charm, within walking distance to 120 shops and restaurants, and includes a rare one-car garage. Interested? Click for details and inquiry quickly as time is a tickin…⏳

 

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The latest Real Estate Roundup issue, focusing on the dynamic and ever-evolving Colorado Springs housing market. Our team has compiled* essential market insights to help you stay ahead in your real estate endeavors. *Data source: Redfin

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