Friday, December 27, 2013

Search For That Perfect Colorado Springs, CO. Home For The New Year!

Take a Look at Our Holiday Home Search! Shop For That Perfect New Home For The New Year! 
 http://bit.ly/19Q9N1H














We Are Your Colorado Real Estate Destination When Selling, Buying, or Investing in Your Next Home. 
Give Gail Sutton, Broker/Owner a call at 719-362-9702 or visit her us online at
www.GailSuttonProperties.com


Tuesday, December 17, 2013

Recent December 2013 Real Estate Market, Data, & Trends For Colorado Springs

Average price per square foot for Colorado Springs CO was $142, a decrease of 5.3% compared to the same period last year. The median sales price for homes in Colorado Springs CO for Sep 13 to Dec 13 was $196,000 based on 1,847 home sales. Compared to the same period one year ago, the median home sales price decreased 1.2%, or $2,450, and the number of home sales decreased 4.7%. There are currently 3,259 resale and new homes in Colorado Springs on Trulia, including 8 open houses, as well as 854 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Colorado Springs CO was $331,563 for the week ending Dec 04, which represents an increase of 3.5%, or $11,107, compared to the prior week. Popular neighborhoods in Colorado Springs include Powers and Southeast Colorado Springs, with average listing prices of $197,617 and $157,497.













Colorado Springs Average Listing Price






Accurate Home Audit and Valuation FREE Report - Click Here

Colorado Springs Homes For Sale







Contact Gail Sutton, Broker, Realtor, Owner at Gail Sutton Properties, by Calling 719-362-9702
or Contact Gail Here. Visit Gail Online at www.GailSuttonProperties.com

Experience The Difference!






Saturday, December 7, 2013

Current Colorado Springs, Colorado Real Estate Market News For November 2013

The median sales price for homes in Colorado Springs CO for Aug 13 to Nov 13 was $198,038. This represents a decline of 7.8%, or $16,662, compared to the prior quarter and an increase of 0.5% compared to the prior year. 
Sales prices have appreciated 5.4% over the last 5 years in Colorado Springs. 








The average listing price for Colorado Springs homes for sale on Trulia was $320,332 for the week ending Nov 27, which represents a decline of 0.6%, or $2,036, compared to the prior week and a decline of 0.9%, or $2,822, compared to the week ending Nov 06. Average price per square foot for Colorado Springs CO was $143, a decrease of 4% compared to the same period last year. Popular neighborhoods in Colorado Springs include Powers, Southeast Colorado Springs, Briargate, Central Colorado City, East Colorado Springs, and Northeast Colorado Springs.
















Average Price Per Square Foot of Colorado Springs, Colorado Homes









Find Out How Much Your Home Is currently Worth.  Click Here

About Gail Sutton, MCNE, GRI, Broker & Owner
Originally from Miami Beach, Florida, Gail has been a Colorado resident since 1992. Gail is a highly accomplished, innovative and energetic real estate sales and marketing professional with an outstanding 23-year track record of over 517 properties sold and over $268 million in closed volume. She has created and implemented extremely successful local, national and international marketing and sales campaigns for suburban residential resale markets as well as luxury, resort and urban residential developments including Chapel Square in the Vail Valley and Residences at The Ritz Carlton, downtown Denver.

Give Gail Sutton a call at 719-362-9702 or EMAIL GAIL HERE
Search and Preview Properties Here



Tuesday, November 12, 2013

Colorado Springs, CO Current Real Estate Market Trends - November 2013

Colorado Springs Current Median Sale Price  $266,331

Current Colorado Springs Market Trends




















Current Colorado Springs Market SnapShot










Colorado Market Statistics
Inventory: 214Recently Sold: 72New Listings: 102Distressed: 0
Colorado Springs's home resale inventories increased, with a 22 percent increase since October 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in November. The median listing price in Colorado Springs went down from October to November. 
Featured Property:4547 SONGGLEN CR, COLORADO SPRINGS CO809064 BD  3BA  3022 SqFt  $295,000Beautiful Well Maintained Quiet Home Near HWY 115.See More Details Here http://bit.ly/1brTHeL


Give Gail Sutton, Broker, Realtor, Owner, a Call At gail Sutton Properties, To View This Or Other Fine Colorado Springs Properties at 719-362-9702



Sunday, September 29, 2013

What You Need To Do To Prepare Your Home For Sale

Start by finding out its worth. Contact a real estate agent for a comparative market analysis, an informal estimate of value based on the recent selling price of similar neighborhood properties. Or get a certified appraiser to provide an appraisal.













Next, get busy working on the home’s appearance. You want to make sure it is in the best condition possible for showing to prospective buyers so that you can get top dollar. This means fixing or sprucing up any trouble spots that could deter a buyer, such as squeaky doors, a leaky roof, dirty carpet and walls, and broken windows. 






The “curb appeal” of your home is extremely important. In fact, it is the first impression that buyers form of your property as they drive or walk up. So make sure the lawn is pristine – the grass cut, debris removed, garden beds free of weeds, and hedges trimmed.
The trick is not to overspend on pre-sale repairs and fix-ups, especially if there are few homes on the market but many buyers competing for them. On the other hand, making such repairs may be the only way to sell your home in a down market.

FREE PROPERTY SEARCH
Call Gail Sutton, at Gail Sutton Properties, Colorado Springs,
at  719-362-9702 and Receive a FREE Market Analysis and Valuation of Your Home




















GailSuttonProperties.com

Wednesday, September 4, 2013

Tired of Renting? Home Ownership Really Pays Off and Here's Why

If You Are Tired of Renting and Making Your Landlord Richer, Now is a Great Time To Buy Your New Home and Stop Renting.
















According To The Wall Street Journal,
If you were to purchase a home for $250,000
with 5% down, and home prices were to increase only 2%
per year you would be money ahead after just the 2nd year.
After six years you would have saved 443,398.

See for yourself & get the rest of the story here:


















Buying a home has Never been easier. Flexible creative financing options, zero to low 5% down payments, and first time home buyer programs are available to folks just like you.  Our team specializes in getting you qualified and into the home you want - stress free. 
Benefits of Home Ownership:
  • Tax deductions including mortgage interest
  • The chance for appreciation
  • Portion's of each payment apply to your principal
  • Payments eventually end

Call Gail Sutton, Broker l Owner at GailSuttonProperties.com  to get started owning your new home vs.renting today! 719-362-9702


Friday, August 23, 2013

10 Low-Cost Tips to Improve Colorado Springs Homes Appeal

Tip #1: Refresh the exterior
First impressions count when it comes to selling Colorado Springs homes. Most buyers won’t even leave their car if they don’t find the exterior appealing. The best ways to improve your home’s exterior include:
-Repairing and/or replacing trims, shutters, gutters, shingles, mailboxes, window screens, walkways and the driveway.
-Painting siding, trim and shutters and lamp and mailbox posts.
-Pressure washing vinyl siding, roofs, walkways and the driveway.
-Washing windows.


Tip #2: Spruce up the lawn and landscape
Colorado Springs homes buyers associate the condition of your lawn and landscaping with the condition of your home’s interior. By improving the outside, you affect buyers’ impression of the entire property. The best ways to enhance the yard include:
-Mowing and edging the lawn.
-Seeding, fertilizing and weeding the lawn.
-Keeping up with regular lawn maintenance by frequent watering.
-Trimming and/or removing overgrown trees, shrubs and hedges.
-Weeding and mulching plant beds.
-Planting colorful seasonal flowers in existing plant beds.
-Removing trash, especially along fences and underneath hedges.
-Sweeping and weeding the street curb along your property.

Tip #3: Create an inviting entrance
The front door to Colorado Springs homes should invite buyers to enter. The best ways to improve your entry include:
-Painting the front door in a glossy, cheerful color that complements the exterior.
-Cleaning, polishing and/or replacing the door knocker, locks and handles.
-Repairing and/or replacing the screen door, the doorbell, porch lights and house numbers.
-Placing a new welcome mat and a group of seasonal potted plants and flowers by the entry.

Tip #4: Reduce clutter and furniture
A buyer cannot envision living in any of the Colorado Springs homes for sale without seeing it. A home filled with clutter or even too much furniture distracts buyers from seeing how they can utilize the space your home offers. If you have limited storage space, you may want to consider renting a temporary storage unit to place items you wish to keep. The best ways to declutter your home include:
-Holding a garage sale to prepare for your move, getting rid of unnecessary items.
-Removing clutter such as books, magazines, toys, tools, supplies and unused items from counter tops, open shelves, storage closets, the garage and basements.
-Storing out-of-season clothing and shoes out of sight to make bedroom closets seem roomier.
-Removing any visibly damaged furniture.
-Organizing bookshelves, closets, cabinets and pantries. Buyers will inspect everything.
-Putting away your personal photographs, unless they showcase the home. Let buyers see themselves in your home.
-De-personalize rooms as much as you can.

Tip #5: Clean, clean, clean
The cleanliness of Colorado Springs homes for sale also influences a buyer’s perception of its condition. The appearance of the kitchen and bathrooms will play a considerable role in a buyer’s decision process, so pay particular attention to these areas. The best ways to improve these areas include:
-Cleaning windows, fixtures, hardware, ceiling fans, vent covers and appliances.
-Cleaning carpets, area rugs and draperies.
-Cleaning inside the refrigerator, the stove and all cabinets.
-Removing stains from carpets, floors, counters, sinks, baths, tile, walls and grout.
-Eliminating house odors, especially if you have pets.
-Considering air fresheners or potpourri.

Tip #6: Make minor repairs
The small stuff does count, especially with first-time home buyers or with experienced sophisticated buyers who just don’t have time to do the small stuff when buying one of the Colorado Springs homes that are for sale. Without dismissing the importance of repairing major items such as a leaky roof or plumbing, you do not need to spend money on replacing these items. Instead, focus on the minor repairs that will make your home visually appealing. The best ways to improve your home include:
-Repairing ceilings and wall cracks.
-Repairing faucets, banisters, handrails, cabinets, drawers, doors, floors and tile.
-Caulking and grouting tubs, showers, sinks and tile.
-Adding fresh paint to ceilings, walls, trim, doors and cabinets.
-Tightening door handles, drawer pulls, light switches and electrical plates.
-Lubricating door hinges and locks.

Tip #7: Showcase the kitchen
The heart of any home is the kitchen; the same is true for Colorado Springs homes. If you are going to spend any money on renovations, this is the one area where you will see the greatest return. Even with a modest budget, focusing on a few key areas can make a great difference in getting the asking price for your property. The best ways to showcase the kitchen include:
-Replacing cabinet doors and hardware.
-Installing under-cabinet lighting.
-Replacing light fixtures.
-Replacing outdated shelving with pantry and cabinet organizers to maximize space.
-Baking cookies or cupcakes for a showing, to create a homey smell.

Tip #8: Stage furniture
Furniture placement can enhance the space of Colorado Springs homes while giving buyers an idea of how to best utilize the space with their own belongings. Take some time to rethink how different areas in your house could be used. Some ideas to think about include:
-Moving couches and chairs away from walls in your sitting and family rooms to create cozy conversational groups.
-Creating a reading corner in the master bedroom.
-Clearing an empty room to set up a reading space.
-Turning an awkward space into a home office.
-Setting the dining room table with your best china.
-Set wine glasses in front of the fireplace or next to a Jacuzzi tub.

Tip #9: Light up the house
Create a sense of openness and cheerfulness in your home through its lighting. To improve the lighting try:
-Opening shades and drapes to let the sunshine warm and brighten rooms.
-Installing brighter light bulbs in rooms that tend to be dark.
-Adding additional lamps for ambient lighting.
-Turning on all the lights for a showing.

Tip #10: Add fresh touches
You can easily add color and style to Colorado Springs homes by adding fresh touches throughout. Some ideas to consider include:
-Placing fresh floral arrangements in the entry and master bedroom.
-Placing bowls of bright-colored fruit in the family room and the kitchen.
-Filling an empty corner with a potted leafy plant.
-Setting new hand soap in the bathrooms.
-Displaying fresh towels near sinks.


Feel welcome to use the property search tool below to find Colorado Springs homes for sale AND find those that have sold to compare and contrast with those homes currently on the market. 
 - Gail Sutton, Gail Sutton Properties


Call Gail Sutton, Broker/Realtor, at 719-362-9702 For More Information 
and Schedule a Property Tour!


Friday, August 16, 2013

Life and Real Estate In Colorado Springs IS Booming! Here is Why You Want To Live and Invest Here!

Market Conditions

....as of 8/5/2013.
Colorado Springs real estate sales continue to be brisk. July home sales were up 23.5% from last year, and the median price (1/2 above, 1/2 below) was up 6.5%. This is the 17th consecutive month where prices have risen compared to the prior year. The average price (mean) rose 8.8%, and the 90th percentile was to $416,000, indicating some strength at the upper end of the market. The July Median price is the second highest monthly median price ever. The inventory of unsold homes continues to be very low, and while the inventory actually rose by 8% over last year, with the rate of sales increasing, we now have only a 3.4 month supply at the July sales rate. July building permits for detached single family homes were up 34.3%, as more buyers choose new construction to compensate for fewer homes on the market.
The percentage of homes disclosed as distressed was 11.3%, or 136 homes.







Colorado Springs home buyers are continuing to take advantage of low interest rates. At the beginning of May, those rates were in the low 3′s, but by month end had risen to the upper 3′s, and by the end of June in low 4′s. It remains to be seen what direction rates will head, and what impact that may have on future sales. Rents continue to be high relative to the price to buy the same home, which further fuels purchase demand, but higher interest rates have the potential to change that some. The other unknown factor is the affect that the Black Forest fire will have on the market. With over 500 homes destroyed, there will be significant pressure on the rental market while those homes are replaced.
The unemployment rate in Colorado Springs for May 2013 was 7.9%, a significant improvement from March, but still well above the state average. Preliminary information from the Bureau of Labor Statistics indicates that June unemployment may have jumped to 9.1%
For more details check out our site at:  GailSuttonProperties.com
or Call Gail Sutton at 719-362-9702

Tuesday, July 30, 2013

The Colorado Springs Real Estate Market : A Great Time To Sell Your Home!

Over The Last Year To Now, Closed Sale Inventory On Market Lower = Homes Selling Faster!



Sold Listings Are Up, House Prices Are Up, and New Listings On Market Are Up!


Receive More Towards Your List price On Your Home Than It's Been In a Long Time!



Gail Sutton, Gail Sutton Properties, is an experienced real estate professional. For 20+ years, Gail has served hundreds of clients, and bought and sold hundreds of millions of dollars in real estate.  Gail's passion is helping individual clients enjoy the buying and selling process by fulfilling their dreams of quality home ownership.  Gail Sutton KNOWS the real estate market in the Colorado Springs, CO. region.  Give her a call to discuss your plans to buy that perfect home for you or sell and list your home, gather information, and find out w
hat Gail can do to get you the best market price with the least time on the market! Call Gail at 719-362-9702 or EMAIL HER HERE



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