Colorado Springs Real Estate Podcast with Jeff Ryder

There are two things that buyers want to have in a home, even in a competitive market like this. Here’s what they are.

Before we get too far into the new year, let’s take a look at some predictions about the residential real estate market. Some may surprise you!

Homebuyers are lining up to buy homes in the Colorado Springs area. Here’s why that’s such great news for homeowners.

According to the numbers, we’re in a very challenging market for homebuyers.

Today I’m sharing why some homes don’t get sold and how I can fix that.

I have six tips to share with you that will help you prepare your home for winter.

Selling your Colorado Springs home? Get a home value reportBuying a Colorado Springs Home? Click here for full MLS access I wanted to take a moment to answer a question I hear a lot. “There are almost 5,000 real estate agents in Colorado Springs. Why should I hire your team?” This is a really good question, so I want to give you a few really good answers. The first reason you should hire our team is because of our experience. I’ve been involved in the sale of over 1,200 homes in the past 16 years and during this time, the real estate market has changed a lot. Prices and sales went from extreme highs to extreme lows and back again. When the market changes, we change with it to help our clients navigate the challenges they face when purchasing or selling a home. I don’t do it alone, however. To really get great results for our clients, it takes a whole team. We have a great one. When you hire us, you get a team of professionals working for you for the price of one. Another great reason to hire us is because of our flexible and innovative programs designed to maximize the equity in your home. For example, our common sense listing program offers flexible commissions, the right to sell your house yourself and pay nothing, and the right to fire us at any time if you aren’t happy. You can even list your house with us for a dollar with our "dollar listing plan," when you move up to a new home. These are just a few of our innovative programs created with our clients’ best interest in mind. “ We’ve seen everything that the real estate market has to offer. ” Finally, you should hire us because of the team behind our team. Keller Williams is the largest real estate company in the world for the number of agents and the number of homes sold. Their technology, training, and resources are unmatched. If you’re thinking about buying or selling a home or know somebody who is, remember that our experience, our flexible and creative programs, and our company and team-wide support is what we have to offer. If you have any questions or want to learn more, don’t hesitate to give me a call or send me an email today. I look forward to hearing from you soon.

I wanted to take a moment to answer a question I hear a lot. “There are almost 5,000 real estate agents in Colorado Springs. Why should I hire your team?” This is a really good question, so I want to give you a few really good answers.

Selling your Colorado Springs home? Get a home value reportBuying a Colorado Springs Home? Click here for full MLS access Today in Colorado Springs, many of our local communities are seeing home prices that are even higher than what we observed during the 2007 housing crisis. That period of our market may have been difficult, but it also taught us some important lessons. Today I’d like to share four of the most important things we learned: 1. Don’t buy a home you can’t afford. Many people during, and just prior to, the housing crisis in 2007 bought properties beyond their budget out of fear. They worried that, if they didn’t make a move, they would be priced out of the market and lose out on ever having the opportunity to purchase a home again. In retrospect, we know that this way of thinking is fatally flawed. So don’t buy into the hype. If you cannot afford a home now, it doesn’t mean you never will be.  2. Don’t always believe your home will go up in value. A lot of people in our market falsely assume that home prices will always increase. Yet this is not the case. The reality is that prices fluctuate. Real estate purchases are best thought of as a long-term commitment. 3. Make sure you have adequate reserves. During the housing crisis, homeowners without sufficient savings found themselves in an extremely difficult position. Experts say that you should have at least six months’ worth of reserves so that you can sustain your lifestyle in the event of major unforeseen expenses.  “ If you cannot afford a home now, it doesn’t mean you never will be able to. ” 4. Submit a big, healthy down payment when buying. Many people today are putting down as little as possible, but this is not the ideal way to proceed. If a downturn in prices pushes homeowners like these to sell, they are sure to encounter financial hardship as a result. Submitting the largest down payment you can afford will make your home more affordable on a monthly basis and will make it easier to hold onto your property during turbulent times. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.

Today in Colorado Springs, many of our local communities are seeing home prices that are even higher than what we observed during the 2007 housing crisis.