🏡 Latest Home Sales and Market Insights for Colorado Springs

Local Real Estate Edition | #24-349 12/14/24

COS Town Tidings #24-349

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! 🏠

🏡 Will Home Sales Surge Here Now?

📢 ATTENTION MORTGAGE BROKERS!

📊 Mortgage Trends You Need to Know

🏡 Home For Rent

🌤 COS Weather - Mostly sunny with mild temps

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

 


How do you know the heating bill for Dec is too high?

👉 Mom won't even let you open the windows on your advent calendar 🤣

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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 $930K to $1.5M. Click to view Black Forest listings

Briargate

Properties recently sold ranging from $398K to $865K. Click to view Briargate listings

Broadmoor

Properties recently sold ranging from $310K to $4.1M. Click to view Broadmoor listings

Cimarron Hills

Properties recently sold ranging from $360K to $641K. Click to view Cimarron Hills listings

Banning Lewis Ranch

Properties recently sold ranging from $499K to $550K. Click to view Banning Lewis Ranch listings

Mountain Shadows

Properties recently sold ranging from $330K to $650K. Click to view Mountain Shadow listings

Old Colorado City

Properties recently sold ranging from $200K to $1M. Click to view Old Colorado City listings

Downtown Colorado Springs

Properties recently sold for $853K. Click to view Downtown Colorado Springs listings

Support Our Local Businesses!

Pendleton Heating & Cooling

🌟Pendleton Heating & Cooling

❄️ Avoid HVAC Mishaps: Brandy's 60 second Filter Advice!  
Play Video above for tips.

 

Nature’s Start Bread Company

🍞 Nature’s Start Bread Company

Call 719-675-0464 to order your holiday dinner rolls, breads, cookies and pies. FREE cinnamon roll with any pie order! Deadline: Fri Dec 20 for pick up on Dec 23

The Pain Whisperer - Amy Cook-Porter

💆‍♀️ Miriam’s Place - Amy Cook-Porter

 

📢 ATTENTION REALTORS! 🏠

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] 

🏡 Will Home Sales Surge Here Now?

Colorado Springs just topped Realtor.com's list of housing markets to watch for 2025, with a forecasted 27.1% increase in existing home sales. Our breathtaking scenery, excellent schools, and vibrant community are driving this surge, even as high mortgage rates challenge many buyers.

The city benefits from growing new construction, a younger population, and a higher share of government-backed loans like VA and FHA, making it an appealing option for homebuyers. Denver also made the list in 19th place, with its own 13.6% sales growth expected.

Living in this region, we see firsthand how desirable it is to call southern Colorado home. Are you feeling this growth? What do you think about our city leading the way in housing?

 

📢 ATTENTION MORTGAGE BROKERS!

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

📊 Mortgage Trends You Need to Know

Mortgage Application

The road to lower mortgage rates is progressing slowly, with experts predicting a gradual decline in 2025. While the Federal Reserve has begun cutting interest rates, mortgage rates remain above 6%, frustrating buyers and refinancers hoping for quick relief.

If your current mortgage rate exceeds 7%, refinancing now could bring meaningful savings, but those with rates around 6.5% may benefit from waiting until mid-2025, when rates are expected to drop into the mid-5% range. With additional Fed cuts on the horizon and economic uncertainties still unfolding, the coming months are crucial for those navigating the housing 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…⏳

 

Do you have Real Estate Questions?

 

🎉 New Events Calendar!

We're making it easier to discover and share what's happening in Colorado Springs! Our new interactive calendar is live and growing. Optional weekly SMS event reminders available!

We're rolling out events gradually to ensure everything runs smoothly. Have an event to share? Add it directly to the calendar. Click image above to access.

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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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