Luczak Group - The Blog

Information for happenings in the Real Estate Market in the Pikes Peak Region... and some things we just find interesting!

Tips for Other Agents

ARE YOU TALKING TO ME?! by Sheryl Ellis

I have only been in the real estate business less than 2 years, but I have realized how very important it is to effectively communicate with those we come in contact with, whether it’s sellers, buyers, lenders, vendors, other agents or people on your team. I did some online research on this subject and found a great article from LeadershipIQ.com that describes four different communication styles. I had never really thought about it before but I found it very intriguing and I think you will too! Here is the meat of the article: Continue reading ...

Tips for Home Sellers

Prepping Your Home For Sale

The most impactful mission a seller can accomplish, as they entertain listing their home, is the prep of their home. Proper preparation of a home, inside and out, is vital in order for a home owner to get the most value for their home. The organization, cleanliness, and staging is very important. Once you accomplish the prep work and your home is ready to list maintaining that appearance throughout the showing process is essential. Continue reading ...

Tips for FSBO's

Listings available in the coming weeks and months

It’s currently January 26 and it looks like we’re in for another hot and hectic selling season in the Colorado Springs Real Estate Market. With that being said, I want to get a “Coming Soon” list of upcoming properties that I will be listing in the coming months. For some additional information on any of these properties, you can always call me directly at 719-271-8888. Please keep in mind that pricing is subject to change based on the market at the time of listing. Continue reading ...

Tips for Home Buyers

The Financial Corner - January

Happy New Year!! In an effort to constantly improve information provided to our clients, we will present a monthly blog on financial information useful to buying or selling a home. We will call it “The Financial Corner”. This is the first in a series of twelve monthly blogs for the Financial Corner – and it provides basic guidelines to getting approved for a mortgage loan. Hope it provides you with useful information. Continue reading ...

Tips for Home Sellers

Housing Market Colo. Springs: Home Sellers Getting More Than Asking Price, Says Study

COLORADO SPRINGS, CO -- Everyone knows Metro Denver and the Front Range have a tight housing market, with demand for homes in the area exceeding the supply. A new study shows that this summer, Colorado Springs had a boost in sales prices with 50 percent of sellers receiving more than asking price. Homelight.com, an online site connecting home sellers with real estate agents, reviewed the last three years' worth of home transactions data to determine some of the country's tightest housing markets. Continue reading ...

Tips for FSBO's

Home prices reach new all-time highs in August

The S&P CoreLogic Case-Shiller home price index rose more than expected in August, hitting an all-time high. National home prices continued to rise in August, reporting a 6.1 percent annual gain on the S&P's most broad indicator. This was better than the 5.8 percent increase expected by economists polled by Reuters. "Home price increases appear to be unstoppable," S&P Dow Jones indexes managing director David Blitzer said, before adding that national "home prices have reached new all-time highs." The latest report was a gain from the 5.9 percent increase in July. Continue reading ...

Colorado Springs Area Information

Colorado Springs home sales poised to break another record

Colorado Springs-area home sales surged again last month, remaining on track for a record year. A total of 1,431 single-family homes were sold in October in the Springs area, up 13 percent over the same time last year, the latest Pikes Peak Association of Realtors' market report said. Last month was the best October on record for sales, and homes sold in an average of 29 days - nine days faster than a year ago. Continue reading ...

Tips for Home Sellers

Hardball Fouls: 6 Home-Selling Negotiation Strategies That Can Backfire

When you're selling your home, you might imagine you hold all the cards. And you do—sort of. But it's easy to become overconfident in a seller's market. If you don't do a reality check, pronto, you could end up sabotaging your sale. So much for that straight flush! Here are six common home seller negotiation tactics that can totally backfire if you don't approach them carefully. Continue reading ...

News

Construction set to begin on Powers-I-25 connection in north Colorado Springs

Construction is set to begin next year on the first segment of a project that will eventually connect Powers Boulevard and Interstate 25. Gary Erickson, developer of a retail center in northern Colorado Springs, said ground could be broken in May on a stretch of highway that will link the interstate and Voyager Parkway. He expects the first stretch will be completed in 2019, but when the full extension will be finished remains in question. Continue reading ...

Colorado Springs Area Information

Study: Springs zip code ranks 7th top housing market in U.S.

COLORADO SPRINGS, Colo. - If you're looking to buy a home, the real estate market in Northeast Colorado Springs is on fire. A new report from 'Realtor.com' ranks a Springs' zip code seventh on the list of top housing markets in the U.S. The - 80922 - zip code consists of homes and businesses between Stetson Hills Blvd. and Constitution Ave. next to Powers Blvd. Continue reading ...

News

Rezoning at Banning Lewis Ranch approved for 1,000-plus homes

More than 1,000 homes now can be built on a sliver of the massive Banning Lewis Ranch with a rezoning approved Tuesday by the Colorado Springs City Council. The move, opposed by Councilwoman Yolanda Avila and Councilman Bill Murray, comes as the next major step for Denver-based Oakwood Homes, which owns a 2,600-acre section of the ranch. Nor'wood Development Group owns about 18,000 acres there. Oakwood's portion, broken into six sections dubbed Village 1-6, will have parks, trails and schools. Continue reading ...

Tips for FSBO's

New study ranks Colorado Springs as nation's top housing market for upcoming home sales

Colorado Springs is the nation's hottest housing market when it comes to homes that are likely to sell - either to newcomers or to owners who are moving up, according to a recent study by a California real estate data company. The Springs ranked No. 1 out of 120 markets in a first-ever Pre-Mover Housing Index compiled by ATTOM Data Solutions, based on first quarter data the company assembled. ATTOM examined homebuyer loan applications in the markets, compared them against each community's supply of homes and developed an index measuring the likelihood of homes being sold in those communities within a 30-day period. Continue reading ...

Tips for Home Sellers

Colorado Springs home prices skyrocket to another record high

By Rich Laden May 2nd 2017 Colorado Springs-area home prices soared to another record high last month as the single-family housing market continued its run of rising values and booming sales. "It's not hot, it's boiling," said veteran real estate agent Harry Salzman of Salzman Real Estate Services and ERA Shields Real Estate. "It's beyond hot." The median price - or mid-point - of homes sold during April climbed to $275,000, up nearly 11 percent from a year ago and breaking the record of $268,000 just set in March, according to a new Pikes Peak Association of Realtors report. Continue reading ...

Colorado Springs Area Information

Second verse, same as the first: Colorado Springs home sales, prices hit another record high

By: Rich Laden April 7, 2017 Area home sales climbed and prices hit another record high last month as Colorado Springs' hot housing market lived up to its recent ranking as the nation's seventh-best. Single-family home sales totaled 1,247 in March, 6.4 percent higher than the same month last year, according to a Pikes Peak Association of Realtors report. Sales had dipped in February, but otherwise have risen on a year-over-year basis each month since summer 2014. Continue reading ...