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El Paso County Listing and Sales Summary, October 2008

EL PASO COUNTY
LISTING AND SALES SUMMARY

October 2008

                                                       All Homes                                                   Existing Homes  
MONTHLY SUMMARY                    
    Sept 2008 Oct 2008 % +/- Oct 2007 % +/-   Sept 2008 Oct 2008 % +/- Oct 2007 % +/-
SINGLE FAMILY/PATIO HOMES:                  
  New Listings 1,315 1,302 (1.0) 1,514 (14.0)   1,217 1,210 (0.6) 1,368 (11.5)
  Sales 734 649 (11.6) 723 (10.2)   674 585 (13.2) 657 (11.0)
  Ave. Sales Price $239,385 $230,012 (3.9) $243,160 (5.4)   $225,121 $216,759 (3.7) $227,594 (4.8)
  Median Sales Price $200,000 $189,000 (5.5) $205,000 (7.8)   $194,500 $181,500 (6.7) $199,900 (9.2)
  Total Active 6,030 5,841 (3.1) 6,470 (9.7)   5,346 5,167 (3.3) 5,632 (8.3)
                         
CONDO/TOWNHOMES:                      
  New Listings 201 166 (17.4) 167 (0.6)   154 146 (5.2) 148 (1.4)
  Sales 99 83 (16.2) 105 (21.0)   79 69 (12.7) 86 (19.8)
  Ave. Sale Price $151,296 $149,204 (1.4) $154,737 (3.6)   $135,397 $146,128 7.9 $144,996 0.8
  Median Sale Price $142,500 $132,000 (7.4) $139,900 (5.6)   $134,000 $118,297 (11.7) $128,000 (7.6)
  Total Active 941 889 (5.5) 1,036 (14.2)   727 689 (5.2) 793 (13.1)
                         
CUMULATIVE YTD SUMMARY                  
      Jan-Oct 2008   Jan-Oct 2007 % +/-     Jan-Oct 2008   Jan-Oct 2007 % +/-
SINGLE FAMILY/PATIO HOMES:                  
  New Listings   15,936   18,525 (14.0)     14,775   16,925 (12.7)
  Sales   7,345   8,685 (15.4)     6,651   7,762 (14.3)
  Ave. Sales Price $241,752   $260,618 (7.2)     $230,071   $247,211 (6.9)
  Volume   $1,775,668,440   $2,263,467,330 (21.6)     $1,530,202,221   $1,918,851,782 (20.3)
                         
CONDO/TOWNHOMES:                    
  New Listings   2,278   2,640 (13.7)     1,874   2,242 (16.4)
  Sales   964   1,280 (24.7)     766   1,009 (24.1)
  Ave. Sales Price $159,790   $175,239 (8.8)     $146,963   $160,572 (8.5)
  Volume   $154,037,560   $224,305,920 (31.3)     $112,573,658   $162,017,148 (30.5)

 Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period Sept 2007 through Oct 2008.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market.

 

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

0 commentsMarianne Snygg, ABR, ASP, GRI • November 14 2008 08:46PM

Things Have Been Very Different...

Things have been very different lately. Life has been just a little hectic and unsettled. My sweet husband has had "plumbing" problems with the arteries that feed his heart for almost 20 years now. And things have finally come to a point where it was recommended that he have heart bypass surgery done.

His surgery was Thursday, and today is Monday. Well, what a terrible ordeal. It's not something one would do if they didn't have to. (Which tells me that I really don't need the stomach bypass done!) After surgery, he went intoICU for a couple of days, but now he's in the Cardiac Care Unit. Everyone on this floor is having some kind of trouble with their ticker or their plumbing. Scary.

The good news is he's mending. It's a slow process, but he's on his way. But, the effect this has had on me has been tremendous. I haven't had the same routine and probably won't for quite a while. My blogging has had to take a back seat, and I only get a few minutes to Twitter. I do check my email morning and night. But that's about 1/6th of what I used to do.

And I wouldn't change a thing. I'd rather be in the hospital, sitting with him and helping him anyway I can, than working up leads, or out with a client! I miss him and am ready for him to come home!

How about you? Have you undergone a life altering event? What do you do when life takes another path?

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

8 commentsMarianne Snygg, ABR, ASP, GRI • November 10 2008 03:54PM

October Sales Data for Monument, CO

Typical Monument Home

Here's October Sales Date for solds in Monument, CO for the month of October, 2008.

MLS No.

Address

PT

FLR

Br/Ba/Gr

SqFt

CDOM

Sold Date

List Price

Sold Price

504479

267 Glenway

Single Family

Tri-Level

4/3/7

2922 

78 

10/29/2008

$185,000

$180,000

427352

1271 Paula CR

Condominium

2 Story

3/3/1

1782 

69 

10/24/2008

$185,000

$175,000

477559

56 Misty Creek DR

Single Family

2 Story

4/4/2

2055 

105 

10/30/2008

$235,000

$228,000

456280

801 Meadow LN

Single Family

Ranch

3/2/2

2952 

93 

10/29/2008

$249,500

$237,500

437065

236 Oxbow DR

Single Family

2 Story

4/3/3

3055 

76 

9/2/2008

$274,900

$265,000

540260

920 Lake Woodmoor DR

Single Family

1.5 Story

3/2/2

2277 

299 

10/24/2008

$313,900

$306,900

545356

19325 Spring Valley RD

Single Family

Ranch

4/2/6

3316 

107 

10/29/2008

$340,000

$310,000

547520

427 Whistler Creek CT

Single Family

Ranch

4/4/3

3169 

41 

10/24/2008

$416,032

$400,362

573622

111 Boundary RD

Single Family

Ranch

5/4/2

3874 

139 

10/24/2008

$425,000

$385,000

530917

645 Celtic CT

Single Family

2 Story

4/5/3

3890 

27 

10/21/2008

$475,000

$475,000

579544

3175 Schilling AV

Single Family

Ranch

5/4/3

6032 

182 

10/17/2008

$625,000

$560,000

583436

16181 Timber Meadow DR

Single Family

2 Story

5/4/3

5039 

148 

10/17/2008

$819,878

$739,500

It looks like the "blood-letting" has subsided. Agreed upon prices seem to be holding their own! (Except in the cases of homes on the market more than 100 days.)

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

0 commentsMarianne Snygg, ABR, ASP, GRI • November 02 2008 08:05PM

Home Organization Tips

Home Organization Tips

Is your clutter bogging you down? Cleaning up and getting organized doesn't have to be a big chore if you do a little at a time and maintain it. Get organized in no time with these simple tips; start by making a project list and deadline then display it where everyone in the house can see.

Closets: (Clothes, Linen and Storage Closets)

  • No regrets. If clothing doesn't fit and you haven't worn it in a year, its time to let it go, even if you do plan on losing 10lbs. You can always buy new clothes when you need them.
  • Uncomfortable shoes - Why keep shoes if they hurt your feet every time you wear them?
  • Get rid of any ragged clothing, shoes, outerwear or gear. If your mitten doesn't have a mate, toss it.
  • Go through linens, towels, tablecloths and give away what you don't need or items that are worn.

Up-keep: Once you overhaul the closets they are easier to maintain. Adopt the mentality of "If I don't need it, give it to someone who does."

Paper:

  • Gather all of your paper around the house and start going through it.
  • Purchase plastic containers to store children's artwork and school certificates, report cards, etc.
  • Purchase, only if you don't already own, a filing cabinet. Fill out the tabs for bills, warranties, health information, insurance, taxes, etc. And every time a bill is paid, file it and so on.
  • Any magazines you don't have time to read and if all they do is collect dust, cancel them.
  • Shred and recycle; all paper and newspaper can be recycled and reused.

Up-keep: Use a mail organizer to store all of your incoming mail, separate your bills, magazines, letters, etc. and every month go through them and file what you need and discard what you don't.

Storage: (Basement, Garage, Shed and Attic)

Many times so much "stuff" is crammed into one space that you forget what you have. You can solve this by creating a box organizing system.

  • Purchase heavy boxes or storage containers and some industrial shelving (if needed).
  • Go through everything in a box, don't just look at the items on top and think the box is full of that one thing. There could be that missing photo or charm bracelet you have been looking for at the bottom!
  • Put like items together and label the box with its contents.
  • Holiday decorations, seasonal clothing and occasionally used items like camping equipment should be stored away and out of your everyday sight. If you don't drink coffee, but you have the coffee maker taking up space on the kitchen counter, store it.
  • Get rid of any unwanted gifts, yard utensils and any memorabilia that you don't have sentimental attachment to.

Up-keep: Any time you have something new to store make sure to update the box contents. Also every year go though some of the boxes and weed out items that you haven't used.

The Next Step:

  • Goodwill/Charity - Drop off any of your clothing, gear and linens to your local donation center and ask for a receipt for tax purposes.
  • Garage Sale - If some of your stuff is valuable and usable and you think you can get money back for it then, host a garage sale and try to sell it. Anything that doesn't sell should be donated.

For more helpful tips on organizing your home and eliminating clutter visit:

www.lifeorganizers.com
www.essortment.com/in/Home.Organizing/index.htm
www.discoverorganization.com/
www.presentationiseverything.net

(Posted in tandem with FAHTCO)

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

0 commentsMarianne Snygg, ABR, ASP, GRI • October 30 2008 10:58AM

How to Twitter, From a Newbie's Point of View...

How to Twitter, From a Newbie's Point of View...

Call to Action

Background

  • I started Twittering a couple of weeks ago and found it originally, a challenge. However, I kept plugging away, and feel very comfortable now. What did I learn and how did I get past that feeling of being alone at a party?

 Sign up or on

  • First thing to do is get a Twitter account. Go to www.Twitter.com, get an URL address and sign on. Very easy!
  • Now your looking at the Twitter interface. Search for my URL: @mcsnygg, and click on the "follow" button.
  • Go to my Twitter page, and check out all the people I'm following. Click on "view all." Add people that look interesting by checking out their Twitter page.
  • Initially only add around 50 people, until you get the hang of it.

Interface

  • I found that I was having trouble knowing what was going on with the Twitter website. So, I check out a couple of other interfaces. Try downloading and working with Twhirl and TweetDeck. My favorite is TweetDeck, but it doesn't work for everyone. So, try them both, or others if you know of them.
  • When you are at any of these interfaces, click on EVERYTHING to learn what it does and how it works.

Joining In

  • If you have added a bunch of people to follow, you will get some of them following you. So, here's where you join into the "party." But, you have to have people to follow!
    • Some people, when they sign on, just send an hello to the entire community. You do that by just typing in a greeting. Everyone on the network will see it. You might or might not get a response. Don't be discouraged.
    • Start reading the posts, and if you find one that looks interesting to you, send at message to the person posting what interest you. It's done by typing their name (there's an easier way on Twhirl and TweetDeck) into the input box and ask a question, or add something to the conversation.
    • If they don't respond, don't feel it's personal. They may have just gotten up and walked away, or perhaps the phone rang. Don't give up, try someone else. There are many, many very friendly people on Twitter.

Questions? Just let me know. I'd be delighted to pay it forward!

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

5 commentsMarianne Snygg, ABR, ASP, GRI • October 28 2008 02:37PM

Social Media Networking and Blogging: The New Party Line?

Social Media Networking and Blogging: The New Party Line?telephone

Do you remember hearing about how telephones used to all be on Party Lines? The way it worked was that you had a specific ring pattern assigned to you and when the ring matched your pattern, the call was for you. Your neighbors shared the telephone line with you, but they had a different ring pattern.

However, curiosity would get the best of most folks, and even when the ring wasn't theirs, people would still pick up the phone and listen in! Sometimes the listener would get caught, and sometimes, they'd get a real good ear full! LOL.

If you needed to make a call, you'd have to pick up the phone and listen to be sure that there wasn't any one else on the phone before you made your call. Of course, when you made your call, you do it by cranking a handle on the phone that would ring up the operator, and she would put your call thru for you. Oh, and also listen in on your call, too.

Fifty or Sixty Years Later

Today, people are blogging and on social media website, everyone together. And we're finding that many of the manners required for getting along with others on today's "party line," still follow the Golden Rules of communication with others. Today's "party lines" are interactive platforms like Twitter, where you get instant response. And Blogs, where communication is a bit different in that it takes a little longer to get feedback from others.

New Rules? Or S-O-S?

Do we need new rules, or is it S-O-S (same old stuff)? With the old telephone party lines, and the rules they used, you weren't supposed to interject yourself into another's conversation. Today, interacting on Twitter, you are supposed to interject. You read, instead of listen, you think before you write, and in today's case, you need to add value. The same is true with blogging. Are these new rules or S-O-S?

What to add?

Value! If you can't add value, post a link back to the writer's blog. And when you want to post a blog, what do you post? Well, what's on your mind? What do you care about? What's your business, how it's doing, what's going on with it?

Here are a couple of Don'ts to keep in mind: 

  • Don't post on subjects you don't know or don't care about.
  • Don't sell to people, get to know them. It's a social media.
  • Don't write down to them, don't write over their heads. Remember who your readers are.
  • Don't attack the writer. This is a social site, be social, just like at a party.
  • Don't use another's words...not without giving proper credit!
  • Don't post as a response, "Thanks, great post." If you don'thave anything to say, move along, or leave a link to it on your blog.
  • Don't leave a response and then not check back to see if the conversation was continued. Check back, it's only conversation if there's two sides to it.

So, what do you think? What Don'ts would you add? What are your Golden Rules for today's social media and blogging web sites? And if you remember the old party lines, leave your experience here for all of us to enjoy!

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

7 commentsMarianne Snygg, ABR, ASP, GRI • October 26 2008 02:31PM

A Christmas Gift

Lace Weight Shawl

I started a new project today. I think it's going to be difficult! It's lace weight wool, black, and uses size 6 needles, with size 2 for the garter row.

I stopped by my favorite yarn shop to get size 2 needles. I wanted to get wood because the lace weight wool wouldn't slip around as much. But all they had was size 3! So, I decided to use size 3. I can't imagine it'll turn out much different.

I'm doing it for my son's girlfriend for Christmas. The pattern I found in this month's Interweave magazine. If you'd like the pattern, just let me know. I can give you more information on it.

Do you knit? Or Spin? Or Crochet? I'd love to exchange patterns and ideas with you.

Let me know!

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

0 commentsMarianne Snygg, ABR, ASP, GRI • October 25 2008 08:56PM

Home Buying DON'TS

Ponderosa Pine

There is no doubt that the home buying process can get a little hectic. There are so many homes to look at, factors to consider, and papers to sign that even experienced home buyers can get a little overwhelmed. These tips should help you get into that home of your dreams with the least amount of headaches and stress.

  • Do not go it alone. Make sure that you have a trained and experienced real estate agent working for you. A good agent will keep track of the day to day details of your transaction and make sure that you have all the paperwork taken care of.
  • Do not change jobs unless it is necessary. Lenders like stability. If a lender sees that you have a stable employment history it's less likely that there will be trouble with your application.
  • Do not purchase any new large items. Hold off on buying that new car. With today's gas prices, you might really be tempted to purchase a car, but if you want to get into a home, hold off buying until your in your new home.
  • Do not build-up credit card debt. Of course, that's good practice regardless o whether you're trying to get into your first home or just sitting on cruise mode. Don't cancel your revolving credit cards. You need to show your credit history. If you close down all your cards, you'll have no credit. You want some credit, but you don't want the credit limits maxed out.
  • Do not plan to purchase a foreclosure home a month before you want to move into it. There's a lot to this topic that I have written about in previous blogs and will write about again. If you would like more info on this subject, just let me know. But basically, it'll take about 4 months to close on a foreclosure transaction. Plan ahead!

Your best advocate in this process is your REALTOR(r). They are skilled at keeping you in the game, out of trouble, and on time. And they can advise you about a reputable lender to use. Contact your Realtor as soon as you start thinking about a sale or purchase, even if you're not planning to purchase for a year or more. The Realtor can put you on the easiest path toward your goal! Happy House Hunting!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

2 commentsMarianne Snygg, ABR, ASP, GRI • October 18 2008 01:40PM

Colorado Springs Current Market Conditions

Door Knob

Colorado Springs Current Market Conditions

The post below are the stats from our MLS, Pikes Peak Assn of REALTORS(r), for the month of September.

Interesting stuff...if you're a REALTOR(r) or a Home Buyer/Sellerin El Paso County. What it's saying is that sales are down, average sales prices are down, and median sales prices are also down. The good news (for some) is that listings are UP!

It's the beginning of a recovery for us. We may have hit the bottom and are starting back into a seller's market. For the last year, we've been in a buyer's market. It looks like it's turning around.

We are expecting an influx of military families to our local military installations. And they are going to breathe live into our economy. We have so much inventory that I'm sure that those that want to buy will have no trouble finding a great home and a good loan.

Rates are down...this is the time to buy!

 

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Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

0 commentsMarianne Snygg, ABR, ASP, GRI • October 11 2008 01:19PM

Listing And Sales Summary for Colorado Springs

LISTING AND SALES SUMMARY
September 2008

                                                       All Homes                                                     Existing Homes  
MONTHLY SUMMARY                    
    Aug 2008 Sept 2008 % +/- Sept 2007 % +/-   Aug 2008 Sept 2008 % +/- Sept 2007 % +/-
SINGLE FAMILY/PATIO HOMES:                    
  New Listings 1,395 1,315 (5.7) 1,390 (5.4)   1,292 1,217 (5.8) 1,289 (5.6)
  Sales 778 734 (5.7) 695 5.6   726 674 (7.2) 615 9.6
  Ave. Sales Price $235,098 $239,385 1.8 $255,330 (6.2)   $231,047 $225,121 (2.6) $237,553 (5.2)
  Median Sales Price $199,900 $200,000 0.1 $210,000 (4.8)   $195,000 $194,500 (0.3) $199,500 (2.5)
  Total Active 6,323 6,030 (4.6) 6,767 (10.9)   5,623 5,346 (4.9) 5,901 (9.4)
                         
CONDO/TOWNHOMES:                    
  New Listings 197 201 2.0 208 (3.4)   169 154 (8.9) 154 0.0
  Sales 97 99 2.1 96 3.1   69 79 14.5 77 2.6
  Ave. Sale Price $172,171 $151,296 (12.1) $216,377 (30.1)   $143,929 $135,397 (5.9) $218,118 (37.9)
  Median Sale Price $141,080 $142,500 1.0 $161,035 (11.5)   $125,000 $134,000 7.2 $153,000 (12.4)
  Total Active 975 941 (3.5) $1,117 (15.8)   762 727 (4.6) $863 (15.8)
                         
CUMULATIVE YTD SUMMARY                  
      Jan-Sept 2008   Jan-Sept 2007 % +/-     Jan-Sept 2008   Jan-Sept 2007 % +/-
SINGLE FAMILY/PATIO HOMES:                    
  New Listings   14,636   17,017 (14.0)     13,568   15,558 (12.8)
  Sales   6,696   7,962 (15.9)     6,067   7,106 (14.6)
  Ave. Sales Price   $242,840   $262,174 (7.4)     $231,300   $249,013 (7.1)
  Volume   $1,626,056,640   $2,087,429,388 (22.1)     $1,403,297,100   $1,769,486,378 (20.7)
                         
CONDO/TOWNHOMES:                    
  New Listings   2,111   2,473 (14.6)     1,727   2,094 (17.5)
  Sales   880   1,175 (25.1)     697   923 (24.5)
  Ave. Sales Price   $160,780   $177,071 (9.2)     $147,046   $162,023 (9.2)
  Volume   $141,486,400   $208,058,425 (32.0)     $102,491,062   $149,547,229 (31.5)

 

Any electronic print or non-print forms of advertising or other forms of public representation based in whole or in part on information supplied by the PPMLS must clearly demonstrate the period of time over which such claims are based and must include the following or substantially similar notice:

"Based on information from the Pikes Peak REALTOR® Services Corp. (RSC), for the period Jan 2007 through Sept 2008.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Marianne Snygg, GRI, ABR, ASP
Broker Associate
Herman Group Real Estate

Colorado Springs and Monument Real Estate

0 commentsMarianne Snygg, ABR, ASP, GRI • October 11 2008 12:56PM