Meridian Ranch Homes Colorado Spings 80831 January 2015 Real Estate Market Report

End of January 2015 Colorado Springs Real Estate 

Market Report Stats

 According to the Pikes Peak Association of REALTORS®, the Colorado Springs real estate market is steadily selling inventory, while also gaining more home buyers, following the same trends from the end of 2014. Even with an increased number of sales from 2014

New Listings: 1,082 (Down -10.9% from last year)
Sold Listings: 636 (Up +6.7% from last year)
Total Active Listings: 2,470 (Down -23.5% from last year)
Average Sales Price: $261,310 (Up +11.4% from last year)
Total Under Contract: 1,695 (Up +24.4% from last year)
List To Sold Price Ratio: 98.5% (Almost the same as last year)
Days on the Market: 106 Days (Up +19.4% from last year)
Usually, with depleting inventory and an increase in homebuyers, the days on the market will lower as the demand increases.
Sellers: http://yourinstanthomepropertyvalue.com
Buyers: http://coloradospringsforeclosureproperties.info

For all your Colorado Springs - Front Range - Denver, Colorado Real Estate needs contact Carrie Lukins, Running Realtor, SellState Alliance Realty by calling/texting to 719-651-2199 or visit www.RunningRealtor.net

3 Questions To Ask When Buying a Home In Meridian Ranch - Falcon - Peyton - Colorado Springs 80831

If you are thinking about purchasing a home right now in Meridian Ranch - Falcon - Peyton, Colorado Springs,  there are three questions you should ask before purchasing in today’s market.

1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with finances. A study by the Joint Center for Housing Studies at Harvard University reveals that the four major reasons people buy a home have nothing to do with money:

• A good place to raise children and for them to get a good education
• A place where you and your family feel safe
• More space for you and your family
• Control of the space

What non-financial benefits will you and your family derive from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

2. Where are home values headed?

When looking at future housing values, Home Price Expectation Survey provides a fair assessment. Every quarter, Pulsenomics surveys a nationwide panel of over one hundred economists, real estate experts and investment & market strategists about where prices are headed over the next five years. They then average the projections of all 100+ experts into a single number. Here is what the experts projected in the latest survey:

• Home values will appreciate by 4% in 2015.
• The cumulative appreciation will be 23.5% by 2019.
• Even the experts making up the most bearish quartile of the survey still are projecting a cumulative appreciation of over 15.1% by 2019.

3. Where are mortgage interest rates headed?

A buyer must be concerned about more than just prices. The ‘long term cost’ of a home can be dramatically impacted by an increase in mortgage rates. The Mortgage Bankers Association (MBA), the National Association of Realtors, Fannie Mae and Freddie Mac have all projected that mortgage interest rates will increase by approximately one full percentage over the next twelve months.

Bottom Line

Only you and your family can know for certain the right time to purchase a home. Answering these questions will help you make that decision, As a real estate professional, based upon the data and what is actually happening in the Colorado Real Estate Market, it is definitely a great time and a smart financial move to purchase your home now.
For help finding your dream home and that perfect house for you or selling your home for top value, call Carrie Lukins, SellState Alliance Realty today at 719-651-2199 or visit 
www.RunningRealtor.net

4 Reasons To Sell Your Meridian Ranch Colorado 80831 Home Before Springs

The holiday season is behind us, time to focus on what exciting new experiences 2015 can bring! If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring.

1. Prices Will Continue to Rise 

The Home Price Expectation Survey polls a distinguished panel of over 100 economists, investment strategists, and housing market analysts. Their most recent report projects appreciation in home values over the next five years to be between 15.1% (most pessimistic) and 32.8% (most optimistic). The bottom in home prices has come and gone. Home values will continue to appreciate for years. Waiting no longer makes sense. 

2. Mortgage Interest Rates Are Projected to Increase

Although Freddie Mac’s Primary Mortgage Market Survey shows that interest rates for a 30-year mortgage have softened recently, most experts predict that they will begin to rise over the next 12 months. The Mortgage Bankers Association, Fannie Mae, Freddie Mac & the National Association of Realtors are in unison projecting that rates will be up almost a full percentage point by the end of 2015. An increase in rates will impact YOUR monthly mortgage payment. Your housing expense will be more a year from now if a mortgage is necessary to purchase your next home.

3. Either Way You are Paying a Mortgage

As a paper from the Joint Center for Housing Studies at Harvard University explains:

“Households must consume housing whether they own or rent. Not even accounting for more favorable tax treatment of owning, homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord plus a rate of return. That’s yet another reason owning often does—as Americans intuit—end up making more financial sense than renting.”

4. It’s Time to Move On with Your Life

The ‘cost’ of a home is determined by two major components: the price of the home and the current mortgage rate. It appears that both are on the rise. But, what if they weren’t? Would you wait? Look at the actual reason you are buying and decide whether it is worth waiting. Whether you want to have a great place for your children to grow up, you want your family to be safer or you just want to have control over renovations, maybe it is time to buy. If the right thing for you and your family is to purchase a home this year, buying sooner rather than later could lead to substantial savings.

Call or Text Carrie Lukins at SellState Alliance Realty for more information at 719-651-2199 or visit www.RunningRealtor.net

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Meridian Ranch CO. 80831 Homes For Sale Colorado Real Estate

Falcon, Colorado, just east of Colorado Springs, is a popular community for new homeowners. Meridian Ranch is a 2,500-acre Master Planned Community surrounded by a new world-class golf course, away from the stress of the city, yet close enough to be convenient. Strong community theme and standards, a 33,000 sq. ft. recreation and family fitness center, a growing number of convenience shopping facilities and larger lots with great home prices add to the allure of the area. Meridian Ranch hosts Antler Creek Golf Course that is 8,100 yards in length making this the 3rd longest course in the world. However, there are 7 different tee boxes to choose from. 18 holes are now open for play, with an additional 9 holes planned to open in the future. This course has a clubhouse, restaurant and pro shop

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Carrie Lukins
SellState Alliance Realty
Your Running Realtor
www.RunningRealtor.net
719-651-2199

Why Colorado Springs Home Buyers Love Living In Meridian Ranch

Why Colorado Springs - Falcon Home Buyers Love Living Here in Meridian Ranch

Welcome to Meridian Ranch. Located northeast of Pikes Peak, this master planned community is the premier choice when looking for a new home in the Colorado Springs area. Here you will find some of Colorado's finest new home builders including Campbell Homes, Century Communities, Classic Homes, Majestic Custom Homes, Richmond American Homes, Saint Aubyn Homes, Reunion Homes, and G.J. Gardner Homes.

With over 2,600 acres, this golf and recreation community is distinguished by a tremendous number of amenities, conveniences, open space, trails, and neighborhood parks. Meridian Ranch is home to a new elementary school and high school in the Falcon School District 49, has a 30,000 square foot recreation center, an outdoor swimming pool, expansive parks, miles of paved hiking and biking trails, the award-winning Antler Creek Golf Course, and the upscale, but affordable, CreekView Grill.

Meridian Ranch is conveniently located just minutes from the Colorado Springs Airport, Peterson Air Force Base, Schriever Air Force Base, North Care at St. Francis Hospital, and Fort Carson. New homes in Meridian Ranch range in price from lower $200,000's to the $500,000's. 

Home sites in Meridian Ranch range from the traditional size to nearly two acres.

Discover the riches of Meridian Ranch, where distinguished home builders, amazing amenities, and exceptional prices bring families together in a bold new Colorado Master Planned Community.

At Meridian Ranch, you'll discover another big reason people love living here. It's called the Antler Creek Golf Course. This award-winning course provides an outstanding golf experience at affordable rates for any level of golfer.

Antler Creek's player-friendly design is a pleasant mix of Colorado terrain and native grasses that blend nicely to create a "prairie-dunes style" course. Winding through the Meridian Ranch community, the course stays green using the water stored within its three lakes. And while it has 73 bunkers, the course still manages to entice recreational golfers with its wide fairways.

Now add in a magnificent view of Pikes Peak and six tee boxes and you'll find all sorts of people that can enjoy playing golf here. It's true. This course, measuring over 8100 yards from the tips, is Colorado's longest golf course, but it's designed with a view to bring out the golfer in everyone.

So, grab your clubs. Then call your friends, because everyone can enjoy this public course!

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Carrie Lukins, SellState Alliance Realty

Colorado Sprngs, CO 80920

719-651-2199

www.RunningRealtor.com