Luczak Group - The Blog

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


Happy Spring everyone!! This is the fourth installment of twelve monthly blogs on financial information useful to buying or selling a home. This month’s Financial Corner topic is “Getting Pre-Qualified versus Getting Pre-Approved for a Mortgage”. Hope it provides you with useful information.
Happy February everyone!! This is the second installment of twelve monthly blogs on financial information useful to buying or selling a home. This month’s Financial Corner topic is “Should You Make Extra Payments on Your Mortgage. Hope it provides you with useful information.
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.
For those coming to see the displays. Please do not block driveways. Be courteous to others. Do not park directly in front of the house, blocking the view of others watching from across the street. Also please turn off the headlights and turn on the Parking Lights. Thank you and Have a Merry Christmas
COLORADO SPRINGS, Colo. - It might not be news to recent home buyers, but Colorado Springs is one of the top real estate markets in the U.S., according to Realtor.com.
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.
Here's a look at what's going on Tuesday in the Colorado Springs area:
For years the streets of downtown Colorado Springs have emptied as businesses closed for the day. With few nearby residential options, consumers and professionals would retire to the surrounding suburbs for the evening. But downtown residential development is on the rise, and businesses in the city’s core soon will be able to cater to a new demographic.
The pace of Colorado Springs-area homebuilding rose slightly in July, a sign that the housing market remains strong as it heads into the second half of the year.
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.