7 reasons why you should buy real estate

7 reasons why you should buy real estate:

Real estate is known as a stable and consistent investment. Housing is a basic need. Rental homes are always in demand, but with the low vacancy rates in Colorado Springs right now, rental properties are at a premium. You can count on your home being rented immediately and consistently if you are with a good property management company. Continue reading →

December 2021 Colorado Springs Real Estate Statistics
December 2021 Colorado Springs real estate statistics: What does the real estate market in December tell us about rental homes? More rental homes are needed for all the folks who cannot buy homes because of the low inventory. If you have investment property you’d like to rent out, call us today at (719) 445-7172. This is the perfect time to rent your home!

Continue reading →

August 2021 Colorado Springs Real Estate Statistics
August 2021 Colorado Springs real estate statistics:

First month since August 2020 that over 1,000 active homes were for sale, only a 16-day supply of homes. Because there aren’t many homes to choose from, buyers are offering over asking price, and bidding wars continue. Homes sold for 2.7% above asking price in August. Double-digit price increases continue, with a median sold price of $450,000, up 18.4% from last year. The average price dropped just below the $500k threshold at $499,278, up 14.5%.

Continue reading →

As property managers, we are out there in the real world dealing with all kinds of people, so we’ve all handled interesting situations. With one look at the Internet, you’ll see plenty of renting horror stories and funny memes. Ours is a heart-warming story about how the folks in our property management office came together to make the world just a little bit better.

Continue reading →

May 2021 Colorado Springs Real Estate Statistics
May 2021 Colorado Springs real estate statistics:

Colorado Springs has a strong seller’s market right now. Colorado Springs is in the strongest seller’s market ever. Only 582 homes were up for sale in April 2021, half of the 1,546 homes for sale in April 2020. Covid, cost of lumber, and low builder inventory have bottomed out inventory. Homebuyers are even skipping the home inspection process to get a home under contract.

Continue reading →