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The Platinum Group, Realtors® 6760 Corporate Drive Suite 300 Colorado Springs, CO 80919
Real Estate Market Report
Suzanne Holland
GRI, MCNE
719.331.0192
Featured Listing 8905 Belveal Drive Offered at $575,000
Suzanne@SuzanneHolland.com
SuzanneHolland.com
Suzanne’s Listings
Strategy Corner Freddie Singing a Different Tune on Housing/Mortgage Outlook
July 2017
Beautifully Updated Home on Private Lot!
June 26 2017, 10:08AM Mortgage News Daily (MND)
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1010 E. Boulder Street Sold for $268,000
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918 E. Uintah Street
Sold for $280,000
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On November 30, 2016 Freddie Mac’s economists issued their monthly Outlook which, in light of the sudden surge in interest rates earlier that month, was decidedly gloomy. MND’s coverage of the forecast elicited a lot of concern from readers, especially when we quoted Freddie Mac that, under their new rate and housing expectations, “Mortgage originations (will) get crushed.” Other predictions at the time included a leveling off of home sales, although “2016 will still end up being the best year for home sales in a decade, but 2017 will be hard pressed to match those levels” with a predicted decrease of 220,000 units Home price gains will moderate, finishing 2016 with an average gain of 5.9 percent, falling to 4.7 percent in 2017. Fast forward seven months. In the June Outlook, Freddie’s economists are singing a different tune. The earlier paper revisited a previous period when rates jumped quickly and unexpectedly, the so-called Taper Tantrum of 2013, to forecast the reaction of various housing measures to both the November surge and expectations for changes in Fed monetary policy. The current report is written in the context of “Weak growth, moderate inflation and a labor market at full employment,” conditions Freddie Mac says are likely to persist. The company calls housing a bright spot with home sales and construction thus far in 2017 the highest in years. Data did weaken in the past mouth; housing starts fell 2.6 percent in April and permitting was also down. Although strong in March, both new and existing home sales fell in April as well. These declines are likely to reverse, Freddie says, as low mortgage rates and solid employment figures boost the housing market. “We expect housing starts and home sales to firm in the coming months and for 2017 to exceed 2016’s best-in-a-decade levels,” they say. The year-end prediction is for total sales of 6.02 million, a 100,000 increase.
Doug Neefe, CML
460 N. Limit Street
Sold for $298,000
Office 719.632.0271 Fax 719.548.5178 Cell 719.240.2645 Toll Free 866.300.6193 dneefe@epeoples.com NMLS # 777165 Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858-847-8631 | © 2017
GRI, MCNE Prepared Especially for
Angela-Marie and Thomas Stevens
Su z ann e Hol la nd Real Estate Consultant
719.331.0192 719.331.0192
Suzanne@SuzanneHolland.com Suzanne@SuzanneHolland.com
SuzanneHolland.com SuzanneHolland.com
GRI, GRI,MCNE CNE
FeaturedListings Listings Featured la
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3345 Orion Drive
To Be Built $775,000
4770ct Ramblewood Drive
8905 Belveal Drive - Offered at $575,000
3020 Orion Drive - Top of Skyway - Offered at $785,000 3 Bedrooms, 3 Bathrooms, 2-Car Garage, 3,396 Estimated Square Feet
6 Bedrooms, 4.5 Baths, 4-Car Garage, 5,945 Estimated Finished Square Feet
Beautifully 5.3amazing acres in views. Black Forest. is such a peaceful setting with the lovely tall pines, Gorgeous updated custom home home on with FormerThis Parade home in immaculate condition. Exceptional, open serenity of the forest with garage, easy access to Colorado Denver. city,meadows, mountainand andwildlife. GardenEnjoy of thethe Gods views! Rare four-car recently updatedSprings kitchenand with new You are welcomed to your oasis by stone pillars and a electric private gate with remote access and great curb granite slab counter tops and top-of-the-line appliances. New hardwoods on the main, and all new Anderson appeal. Designed and built by the current owners with lots of light, updates, and immaculately cared for. Upon windows throughout including the sliding doors and newer stone coated steel roof. entering, you will appreciate the breezeway entry and a foyer with skylights.
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34 W Monument Street
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- Offered at $675,000 1055 Gold3671 CampTuscanna Road - TopGrove of Skyway - Offered at $699,000 4 Bedrooms, 5 Bathrooms, 2-Car Garage, 4,716 Estimated Square Feet 5 Bedrooms, 3.5 Baths, 3-Car Garage, 4,736 Estimated Finished Square Feet
Great opportunity live in Creek’s Italian inspired communitydetails “La Belleza”. This unitextensive is in the use perfect Dramatic customtohome in Pine Top of Skyway! Fabulous architectural and design with of location the subdivision, backing tofrom openthis space great views. villa hasliving, a private glass towithin take advantage of the natural vistas ridgewith top lot. Open floorThis plan Tuscan with main level 12’ cobblestone courtyard, beautiful hardwood high ceilings. living area is an open floor planwith with ceilings, coffered ceilings in formal diningfloors, room,and study, and master.Main Newly redesigned gourmet kitchen great all looking on to thesix-burner incrediblegas Mountain The and greatinformal room has a walk outallto newroom/kitchen/dining custom knotty alder cabinets, Sub-Zero, stove, eatviews. in formal dining areas Trex deck to to enjoy another great outdoor living/entertaining with a stunning stone fireplace.space. connecting the Great room
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1130 Skylight View
Sold for $497,500 ! 6570 Bonifas Court
Sold
Offered at $330,000
4415 Monitor Rock Lane - Offered at $975,000
2370 Wood Avenue - Central - Offered at $374,000
If you are thinking about selling, pleaseDrive give me a 2970 Electra call at Sold for719.331.0192. $463,578
Active Active Active Active Active Active Active Active Active Active Active Active Under Contract Under Contract Sold
3095 N Electra Drive 770 Tyco Court 815 Tyco Court 1055 Gold Camp Road 2810 Aquila Court 3335 Orion Drive 3345 Orion Drive 3020 Orion Drive 3115 Orion Drive 3010 Orion Drive 2568 Forest Oaks Point 2835 Aquila Court 517 Vista Grande Drive 3155 Electra Drive 2970 Electra Drive
Bedrooms 5 5 4 5 5 4 4 4 6 4 6 4 5 6 5 3
Skyway Heights
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517 Vista Grande Drive
When potential buyers criticize your home, it’s easy to get
İ ŎPMÕ Estimated Finished Baths Square Feet List Price List Date Sold Price Sold Date As your Skyway real12/03/15 estate expert, my knowledge extends 4 4,632 $550,000 beyond sales, including in-depth knowledge of your 4 4,557 $599,000 04/01/16 community and amenities. I will expose your home to more 4 4,382 $650,000 buyers and heighten 05/26/16 your home’s desirability. 5 4,802 $682,500 11/24/15 4 4,736 A home$699,000 sale involves 05/11/15 a stressful amount of paperwork. As part 3 5,008 07/03/15 of my $715,000 service guarantee, I will assist you in completing the correct$750,000 documentation and in the right timeline, saving you 5 5,532 04/08/16 hours $775,000 of headaches and potential mistakes. 3 3,408 04/14/16 4.5 5,945 $785,000 06/10/16 4 4,230 $824,428 the terminology 05/01/16 is critical in avoiding any Understanding 7 7,454 $825,000 It’s05/06/16 misrepresentation. my responsibility to explain everything to you$1,095,000 so you can make confident and informed decisions. 4 4,717 05/11/16 5 6,566 $1,349,000 02/17/16 5 5,265 $635,000 09/04/15 5 5,145 $645,000 03/30/16 Angela-Marie and Thomas, $479,000 07/24/15 $463,578 04/29/16 4 4,599
Exposure Beyond the Walls Transaction Management Do You Speak Real Estate?
Your home is an important asset that needs to be protected. To learn more about how I can help you achieve the best price for your Skyway home sale, call me today at 719.331.0192.
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It is my priority to stay current with industry shifts and changes. I am committed to protecting you from potentially losing money or from any liability issues.
heated. As a seasoned and skilled negotiator, I can handle Calm For more information on any of these call me todayand at provide 719.331.0192. and listings, issues without emotion a smooth Negotiations requests closing process.
Top of Skyway
Featured Listings t uil
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When adding value to a home, curb appeal and cosmetic updates are usually the first thoughts in a seller’s mind. But, another critical factor is having the right Realtor. Here are six I ÒŒPways Ĭ PMPÞŒI will help Address you get the most Active from your 715 Palomar Lane investment:
Suzanne’s Featured Suzanne’s Listings eB To B
You can trust that my local connections with inspectors, repair services, mortgage brokers, designers, and others will help you get the most amount of money from your home sale.
contact me today at 719.331.0192 for your free report.
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Top of Skyway | Skyway Heights | Skyway
All About 6 Ways I Will Connections Real Estate Market Report Add Value to Angela-Marie Thomas, Keeping upand with Your Home Sale If you want to know what your home would sell for in today’s market,
5 Bedrooms, 4 Bathrooms, 3-Car Garage, 6,737 Estimated Square Feet 2 Bedrooms, 3 Baths, 2-Car Garage, Estimated Finished Squareaway Feetin the Stunning one-owner home with SPECTACULAR 3601,959 VIEWS and main level living. Tucked
You can enjoy the prestigious Wood Avenue address with all the exterior work being handled by the HOA fabulous Cedar Heights Community with incredible vistas, natural setting, wildlife, and miles of private trails, allowing you a maintenance-free lifestyle. This townhome community backs to Monument Valley Park. making this a unique gated community a very special place. Situated just above Garden of the Gods, you will Updated home with high ceilings, big windows, and two master suites. One master on the first floor with have your oasis with access to all the nearby amenities. lovely home walk out own to theprivate patio. Main leveleasy living with family room, kitchen, diningThis room, andcustom laundryRanch-style area. Sit on your has been designed with wonderful architectural featuresviews that enhance amazing 1.35 acres. nearbyon park steps away. back patio with new awning and enjoy lots of privacy, of Pikesthis Peak, and thesetting
For more information on any of these listings, call me today at 719.331.0192. ĜŒPÒÖ MPÑŇ ĞÒŌÒŒOÑŇ Square Feet 5,090 3,866 3,750 4,557 3,954
PERCENTAGE OF SALES BY PRICE | MAY 2017
I ÒŒPĬ PMPÞŒ Active Active Sold Sold Sold
Address 1045 Skylight View 1345 Chartwell View 1130 Skylight View 1130 Sagittarius Point 2601 Pegasus Drive
Bedrooms 6 4 5 6 4
Total Baths 4 4 4 5 3
Skyway I ÒŒPĬ PMPÞŒ Pending Under Contract Under Contract Sold Sold Sold Sold Sold Sold Sold
List Price $615,000 $649,900 $495,000 $565,000 $635,000
List Date 06/23/16 06/24/16 04/21/16 02/11/16 03/22/16
Sold Price
Sold Date
$497,500 $560,000 $635,000
05/31/16 05/31/16 05/06/16
For more information on any of these listings, call me today at 719.331.0192.
Address 2706 Rigel Drive 506 Orion Drive 2504 Orion Drive 2441 Astron Drive 2437 Virgo Drive 2453 Virgo Drive 2435 Virgo Drive 741 Scorpio Circle 2705 Adromeda Drive 737 Scorpio Circle
Bedrooms 4 4 3 4 5 5 3 3 4 4
İ ŎPMÕĘMPOŒ 3 3 3 3 4 3 2 3 3 3
Estimated Finished Square Feet 2,796 1,740 2,085 2,430 3,203 2,981 2,429 3,767 2,679 2,162
List Price $475,000 $232,000 $319,900 $425,000 $464,900 $399,000 $375,000 $435,000 $400,000 $339,000
List Date 06/13/16 01/01/12 04/26/16 04/28/16 04/27/16 04/08/16 04/16/16 03/04/16 04/20/16 03/01/16
Sold Price Sold Date
$425,000 $455,000 $399,000 $375,000 $431,000 $400,000 $345,000
06/16/16 06/15/16 06/03/16 05/27/16 05/25/16 05/05/16 05/03/16
ALL Sold Data above is from March 24th, 2016 - June 27th, 2016 Suzanne Holland and The Platinum Group Realtors are not in any way affiliated with Top of Skyway, Skyway Heights, or Skyway Owners Associations, nor is this in any way an official advertisement or publication of Top of Skyway, Skyway Heights, or Skyway. Inc. as of by JunePPAR. 27th, 2016 represents properties listed by various brokers. PPMLS Platinum Group This represntation is based in whole or inData partfrom onPPMLS, data supplied PPARanddoes not guarantee nororissold in any way responsible foranditsThe accuracy. Realtors® do not guarantee and are not in any way responsible for its accuracy, and data maintained may not reflect all real estate activity in the market. This is a mass mailing. E&OE. This market report is maintained PPAR may not agency reflectrelationship. all real esate activity inreserved. the Market. not intended to solicit properties already listed for saleData nor intended to cause by a breach of an existing © 2016 All rights ®