Pleasant Valley Neighborhood in Colorado Springs

Pleasant Valley Neighborhood

Pleasant Valley

The Pleasant Valley neighborhood is located on the Colorado Springs west side. It is a desirable neighborhood to live in and currently has about 9,864 residents. Pleasant Valley is where the Red Rocks Canyon open space and the Fountain Creek Campground are located. Both of these attractions have great views and attract people who are hiking or traveling.  The residences in Pleasant Valley love the fact that it is quiet, dog friendly, peaceful and family friendly. The housing prices range form the mid 100’s to the mid 500’s.

To view available listings in this neighborhood please click the following link: Pleasant Valley

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Colorado Springs Downtown Neighborhood

Colorado Springs Downtown Neighborhood

 

Colorado Springs Downtown neighborhood is just under 3 square miles.It has a small town feel with big amenities.  Being close to work, parks, food and entertainment it is easy to see the draw that downtown brings.  There is about 7,300 people who live in this area. There are 2 major parks downtown, Acacia and America the Beautiful. Both parks often have activities going on and play areas for children. The Colorado Pioneers Museum and the Fine Arts Center are always a great place to tour if you are looking for something to do.  Downtown Colorado Springs is also filled with plenty of shopping and dining. There is an abundance of things to do here.

 

To view available listings in this neighborhood please click the following link: Downtown Colorado Springs

 

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

July Real Estate Advisor

July Real Estate Advisor
Real Estate Advisor: July 2016
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Appraisals and Home Inspections
When buying or selling a home, many have heard of an appraisal and a home inspection. While both are very important to the entire transaction, an appraisal and home inspection are two very different things. If you’re looking at buying a new home or property, or you’re interested in selling your current property, it is beneficial for both parties to know the difference between the two and why they are important.

What is a home appraisal?

A home appraisal is an educated guess as to the worth of a property.

An appraisal is required by a financial institution; if you’re looking to get a mortgage loan, the property will have to have an appraisal. If a mortgage loan is not needed (the buyer is paying with cash), then an appraisal is not required for the purchase. Who pays for the appraisal? As part of the final contract, the appraisal can be negotiated between the buyer and the seller, but traditionally the buyer pays for the appraisal.

But why is an appraisal needed?

An appraisal lets the bank or lender know what the loan collateral will be set at for a worst-case scenario situation. What does this mean? The bank wants the home to appraise for a similar amount they are going to loan to the buyer. Should anything happen, and the bank has to sell the home, the bank doesn’t want to be stuck with a home that had a million-dollar loan on it but can only be sold for $100,000.

Appraisals are important, but they can be a tad stressful. The appraisal is done after the sale price is negotiated and the contract has been signed, which is why many people hope the appraisal is close to the sale price negotiated by the buyer and seller. To protect the transaction for both sides, the buyer and seller should have a sales-and-purchase agreement that addresses the possibility of the appraisal being below the purchase price. This would allow the buyer to terminate the contract or renegotiate the sale price. If not, the buyer could be obligated to cover the difference between the purchase price and the appraisal.

What does an appraiser do?

The appraiser will walk around the property and look at the value of the home, but she or he will also make note of any problems or issues. It has happened that an appraiser has pointed out things to be fixed in order for an appraisal to come back higher. Appraisers mainly look to check the main characteristics of the house: square footage, bedrooms and bathrooms, the overall condition of the property, recently sold comparable properties in the area and any noticeable health or safety issues. Appraisals are not an in and out thing – they can take up to a couple days to complete, and loan underwriters can request more information than in previous years. As a seller, the number one thing you can do to help the appraisal process is to make sure the house or property is in good order.

While an appraisal determines the value of the property based on an inspection done for the loan company, an appraisal is not a home inspection. The appraisal is for the mortgage lender; the home inspection is primarily for the buyer.

What is a home inspection?

A home inspection is the inspection of the physical condition of a home or property. A home inspector is going to look for defects or malfunctions in the property’s structure, systems and physical components (which can be anything from the roof and plumbing to the HVAC system, floors, windows and foundation). A home inspection generally takes place after the seller and buyer have signed the contract. The home inspection can help guide any repairs that might need to be done to the property, or it can alter the final selling price if major repairs need to be done to the property. But it’s important to remember that a home inspection is not a mandatory part of buying a property. Sellers can sell their properties “As Is,” and any home inspection done will simply be a way for the buyer to know what to expect once they receive the keys.

Who is responsible for the home inspection?

The buyer generally arranges and schedules the inspection; your agent or Realtor will most likely be able to suggest a home inspector she or he has worked with in the past, but it’s important to make sure the inspector has experience and is a member of the American Society of Home Inspectors. But the most crucial part of the home inspection is to provide a thorough and tough inspection of the property to the buyer.

When buying or selling a home, it’s important to know and be aware of all that is available to buyers and sellers. While the appraisal is done for the benefit of the lender, the appraisal also benefits both the buyer and seller by determining a value on the property. The home inspection is done for the benefit of the buyer, but it’s also a good indication for the seller about the property and any issues that might need to be addressed should the buyer drop out of the transaction. Both an appraisal and home inspection are valuable and important parts of a property transaction.

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5 Things to know about your neighbors before you sell

5 Things to Know About Your Neighbors Before You Sell

Considering selling your home? You may be competing against your neighbors. Here are some things to look at with an agent before you list:

1. Who’s remodeled?

Tap into the neighborhood grapevine to find out who’s remodeled their kitchen and upgraded their bathroom. An agent can look up the listing and sale price of those homes to find out if updates made a difference.

2. How fast are homes selling?

Keep an eye on how quickly neighborhood homes have been moving off the market. A low inventory may mean you can set a higher listing price. Your realtor can add valuable pricing insight.

3. Take inventory of the inventory

It’s difficult to fetch a competitive price when you’re competing for buyers. If several homes are for sale on your street, waiting a season may prevent your home from languishing on the market. Talk to your Realtor about market trends in your area.

4. Stay current on planning and zoning news

Keep tabs on upcoming public projects that could impact the timing of your sale. Is major road construction planned that may deter buyers? An agent can discuss selling strategies to work around issues.

5. Get the scoop on your hood from an expert

A Realtor familiar with your unique market can put it all in perspective if you’re considering a sale.

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

May National Housing Report

May National Housing Report: What the Numbers Mean for You

The home-buying season was just starting in April, with a 7.5% sales increase over March and 3.2% increase over April of 2015, according to the May National Housing Report from RE/MAX. The Median Sales Price in April was $215,000, which was 5.4% higher than one year ago.

Buyers should note: While warmer months are traditionally known as the “home-buying season,” an average monthly year-over-year sales increase of 4.3% so far in 2016 means the market may remain competitive long after the kids are back in school. Work with an experienced agent to develop a buying strategy for the neighborhoods you’re interested in.

Sellers should note: The inventory of homes for sale remains very tight in many markets across the country, with April 2016 inventory 15.2% lower than April 2015. This may mean your house sells for a competitive price, but also that a competitive offer may be needed to buy your next place. Work with your Realtor to figure out a move-out, move-in timeline that doesn’t leave you in limbo.

Learn more about the current state of the market in the infographic below.

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

Manitou Springs Colorado Neighborhood

People come to Manitou Springs to climb the Incline, enjoy the shops, restaurants, culture and views of the red rocks that surround this proud community. Housing options range from crazy small older homes, to modern condos to luxury custom homes in the foot hills. 67% who live there are homeowners.  The average age of the residents is 50 years old. The main interests and hobbies are hiking, food, walking, art, volunteering, and relaxing. Manitou Springs is very close to Garden of the Gods Park and only minutes from the mountain town Woodland Park in adjacent Teller County. Manitou Springs has several parks and hiking trails nearby. You can hike to the top of Pikes Peak via the Barr Trail. A section of the Intemann Trail runs through Manitou Springs. You can also try your luck hiking the Incline! If you just want to have a quiet picnic, you can enjoy your day at Soda Springs Park, Memorial Park, or Seven Minute Spring Park.

 

To view the homes for sale in this neighborhood, click the following link: Manitou Springs

 

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!

America’s 20 Hottest Real Estate Markets in March 2016

America’s 20 Hottest Real Estate Markets in March 2016

Boston Public Garden

espiegle/iStock

Finally, the snow is but a distant memory in all but a few (unfortunate) pockets of the U.S. Our springtime spirits are soaring—and so are the nation’s hottest real estate markets. And if we’ve learned anything, it’s that there’s no reason to wait for April showers to bring May flowers—our analysis of preliminary data for the month of March shows that the spring home-buying season is in full bloom on realtor.com®.

The median list price continued its upward climb. Meanwhile, the inventory of homes for sale is increasing more steadily—but still not as fast as the pent-up demand from buyers.

“Listings are growing as they normally do this time of the year, but because demand has been growing faster than supply, homes are selling faster,” observes Jonathan Smoke, chief economist of realtor.com. “So the monthly trend is the normal seasonal pattern, but the year-over-year decline is reflective of demand being stronger than supply for more than a year, which is resulting in fewer homes available and faster-moving inventory.”

Naturally, the heightened appetite for a limited stock of housing is pushing up home prices. The projected median list price for March is $238,000—an increase of 3% from February, and 8% above the previous March.

It looks like March will have 3% more homes on the market compared with February, and that’s a welcome addition. But here’s a reality check: That’s still 2% less than we saw in March 2014. Probably because of the lack of inventory, homes were selling faster in March, spending a median of 77 days on the market. That’s 20% faster than in February, and 13% faster than the previous year.

Swelling the usual ranks of spring home buyers are those who wanted to buy last year but either got outbid or couldn’t find something that met their needs. After a holiday hiatus, those frustrated buyers are back, and more determined than ever to buy.

Our site traffic numbers show strong and growing demand in March. When the totals for the month are in, we expect to see that visits grew 20% over last year, and there were 40% more searches for houses on our site than last year.

“Would-be buyers face a dilemma: There will be more homes on the market over each week of the next three to four months, but there will also be even more prospective buyers,” says Smoke. “We are entering the busiest season of home buying with the lowest amount of inventory in three years. To be competitive, buyers should get pre-approved for a mortgage and be ready to act quickly if they find a home that meets their needs.”

Great ready for a busy spring!

Pulling together the numbers on listing views per market (which shows the level of demand) and median days on market (which shows supply), we came up with a ranked list of the 20 hottest medium-size to large markets in the country. These are the markets where buyers are eager and homes are selling fast—listings get two to five times more views than the national average, and homes sell one or two months faster than in the rest of the country.

Like in last month’s list, California dominates with 13 out of the 20 top markets, but Eastern markets started to make a comeback. Boston, MA; Raleigh, NC; Lafayette, IN; and Columbus, OH, were all new to the list this month.

“Buyers are emerging in markets that typically see more winter weather,” Smoke says.

The hot list

  1. San Francisco, CA
  2. Vallejo, CA
  3. Denver, CO
  4. Santa Cruz, CA
  5. Dallas, TX
  6. San Jose, CA
  7. Santa Rosa, CA
  8. Sacramento, CA
  9. San Diego, CA
  10. Stockton, CA
  11. Colorado Springs, CO
  12. Oxnard, CA
  13. Eureka, CA
  14. Modesto, CA
  15. Raleigh, NC
  16. Boston, MA
  17. Los Angeles, CA
  18. Boulder, CO
  19. San Luis Obispo, CA
  20. Lafayette, IN

Bonnyville Colorado Springs

Bonnyville is part of the Downtown/ Central location in Colorado Springs. It is a fairly small neighborhood with about 513 residents. The average age in this neighborhood is 48 years old. About 62% are homeowners. The top neighbor interests are history, food, music, reading, family, camping, cooking, dogs, and genealogy. The neighbors love Bonnyville because it is dog friendly, family oriented, mature, friendly, and walkable. 

The link below has a list of the homes for sale in Bonnyville.

http://www.wyniarealty.com/bonnyville-homes-for-sale-colorado-springs.aspx

Jeremy Wynia

RE/MAX Properties, Inc.
719-213-0893 Cell/Text
719-570-9000 Office Main
wyniarealty@gmail.com
www.wyniarealty.com

http://wyniarealty.smarthomeprice.com

Please give me a call or email me if you know of anyone that might want to buy or sell ANYWHERE in the world. I will take great care of them or find a top agent in another part of the country or world to help them. Thank you in advance for your referral!