If we were on ‘Jeopardy!’, that would be my answer.   Do you know the question?   If you guessed “Should I sell my home this year?”   The answer is “HECK YES!”

Nearly every day, I get a call from one of my clients or their friends or family members and they ask me the million- dollar question. “Is this a good time to sell my home?”  HECK YES!

No one knows what this market will do over the next year or so, or if the rates will increase.  But what I can tell you is, TODAY, the prices have never been higher, and we have never seen a stronger pool of buying power due to historically low interest rates.  There is currently 57% less inventory than last year at this time and the Buyers are purchasing it twice as fast for a higher price.

Ultimately, only you and your family know when it’s the right time to sell.   And, if you want to give me a call to discuss your options and pricing, I would be glad to sit with you and evaluate the details, no strings attached.  If you do decide to sell this year, Pete and I will be right there with you.  “HECK YES!”

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Colorado Sweet Spot. 

Since this month is all about Love, let’s talk about the love currently being experienced throughout the Rocky Mountains. Who and what is driving our market to record high pricing and record low inventory!

Welcome back to another episode of Real Estate News with Karen Schaefer. When it comes to deciding to either Buy or Sell a Southern Colorado Property in Teller or El Paso County - -What is your next move? 1. Pivot or Giant Leap to the Left or Right? 2. Is it time to sell or hold steady and weather the storm? 3. The effects of an election, an already  long run in a strong economy and COVID 19  may cause you to think seriously about selling 4. Are we really protected by the mountains or are we vulnerable like the rest of the nation?  You can find out more information about Buying and Selling Southern Colorado property in Teller and El Paso County by visiting my website at www.PeakPriceColorado.com

Follow me on Facebook for weekly Facebook Live events where I give real estate market updates for Teller and El Paso Counties, preview new homes and offer easy to follow home seller & buyer marketing tips! www.facebook.com/peakpricecolorado

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Open Houses for Charity

Find more Property Marketing and Home Selling Secrets on my Facebook page www.Facebook.com/PeakPriceColoradoHomes - please like and share for more info about Selling your Southern Colorado property in Teller or El Paso County

To Learn more about this Topic and ask Karen at Peak Price Colorado direct questions:

O: (719) 540-6459

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How many homes are actually on the market right now in Teller and El Paso Counties?

Hi Everyone! Welcome to another episode of ‘On the Treadmill with Karen.’ I’m Karen Schaefer with Peak Price Colorado at RE/MAX Properties, Inc.

This weekend, I had a friend, who is thinking of selling her home, ask me exactly how many homes are on the market right now. It’s a loaded question as you can divide this in so many ways such as price, location, type of structure and so on. But to answer her question, I did a search of the most desirable and sought after segment which is an existing home with a wood frame and between the price of $300-$500K.

This means, I did not include things like new builds, townhomes or manufactured homes. Having said that, in Woodland Park, there are 12. In the Ute Pass, including GMF, Cascade and Chipita Park, there are 4 and this one really surprises me but in Colorado Springs, there are 76.

Considering we have total population between these areas of just under 500,000 in Colorado Springs, over 8,000 in Woodland Park and another couple of thousand around the Ute Pass area that means we have 92 listings serving nearly 510,000 people!

In case you are wondering, that isn’t very many. As a matter of fact, it is down right scarce! So what does this mean? Well, for Sellers, it still means it’s a Sellers market. Things are priced high and still moving quickly so don’t fall prey to those discount agents that try to convince you that your home is worth less than you can actually get.

And for Buyers it means you need to be prepared. Work with your agent to get to the right homes first and leave the questionable ones as plan b. Be flexible when making offers. Depending upon the home and the area, talk to your agent about the possibility of multiple offers and how to win. There are various strategies beyond price such as accommodating the sellers deadlines or post rent back, quick closing, minimal inspection items and the list goes on. A savvy agent will coach you on the different terms to compete. Don’t be afraid and don’t throw in the towel. The right home in Woodland Park, Colorado Springs or the Ute Pass is out there and waiting for you but it’s just a different kind of game.

Thanks for joining me everyone! Have a great day and I will see you next week for the next episode of Property Marketing and Home Selling Secrets with Karen S. Schaefer. 

Find more Property Marketing and Home Selling Secrets on my Facebook page www.Facebook.com/PeakPriceColoradoHomes - please like and share for more info about Selling your Southern Colorado property in Teller or El Paso County

To Learn more about this Topic and ask Karen at Peak Price Colorado direct questions:

O: (719) 540-6459

Connect with the Peak Price Colorado Team:

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· PeakPriceColorado Facebook 

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The ONE thing you must do to successfully market your home

My neighbor told me to paint my house pink.

There are 3 things to consider when someone gives you advice on selling your home.

So the next time someone offers you advice on selling your Southern Colorado home… ask your gut if their feedback is qualified!

Find more Home Selling Tip videos like this on my Facebook page www.facebook.com/PeakPriceColoradoHomes - please like and share for more info about Selling your Southern Colorado property in Teller or El Paso County

Colorado   Springs is forecasted to be one of the Top 10 Housing Markets in the Nation for the next 3-5 years. 

Contributing Factors:

County Key Points of Growth:

To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join   https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

Maintenance is key: 

With cold weather, we need to make sure we are maintaining our homes so they perform year after year.

    1) Change your furnace filter and have your furnace serviced

To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute Pass - Join Karen's Facebook Group "Whats My Colorado Home Really Worth" Click here to join  https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday

There are pros and cons to getting your home pre-inspected before you put it on the market. A pre-inspection cause sometimes can be less detailed than an actual inspection. It's because maybe the seller didn't order radon testing or meth testing or mold testing or lead-based paint testing or, or any of those things. So maybe that's less detailed than what you would want as a buyer. We get used to those things; we forget about them. Sometimes it allows a seller to fix things initially and sometimes more cost effectively.

To Stay up to date on the ever-changing Real Estate Market in Teller County and Ute   Pass - Join Karen's Facebook Group "Whats My Colorado Home Really   Worth" Click here to join   https://www.facebook.com/groups/WhatsYourColoradoHomeWorthToday