Colorado Springs Vintage Homes Blog
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Don’t make these 3 Mistakes when selling your home
Avoid these 3 mistakes when selling your Colorado Springs Home
If you would like some other helpful advise on selling your home, please feel free to call Kathy at 719-287-1049, KTorline@msn.com
1. Do your homework before setting a price.
With 6,403 homes currently for sale in the Colorado Springs area, it’s all about the price.
Find out what homes in your neighborhood have sold for in the past 6-12 months, and research what current homes are listed for sale and for much. Your Colorado Springs Realtor should be able to find and compile this information for you.
Also, research which homes have not sold and which homes got withdrawn from the market. These are often the homes that were priced incorrectly and/or marketed correctly and did not sell. Essentially the market rejected these homes.
It’s important to take time to analyze all of the information you can about the market.
2. Maximize your home’s potential to get top dollar.
Each year, the big corporations in America spends billions on product and packaging design. Appearance is critical when selling your home. (The pictures tell the story)
Your home is a product that you are selling to home buyers; and they 6,403 other houses to choose from.
3. If possible, don’t move out before you sell.
Studies have shown that it is more difficult to sell a home that is vacant because it looks abandoned, forgotten, and simply not appealing. Buyers may assume that the seller has already purhcased a new home home and may be highly motivated to sell fast. This will give the buyer the advantage at the negotiating table.
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Kathy (719-287-1049) KTorline@msn.com
June 2010 Market report for Colorado Springs Townhomes
Colorado Spring Real Estate
Market Report for Townhomes & Condominiums
Search for Colorado Springs Townhomes and Condominiums
Related Article:
Townhomes and Condos in Colorado Springs continue to be a BUYERS Market, as there is currently a 9 month of supply of homes on the market. A 6 month supply of houses on the market is typically considered a “NEUTRAL MARKET“.
- Number of Townhomes and Condos in Colorado Springs sold are only down 1% from 2009 in 2008, but are down substantially from 2006, when 1767 townhomes/condos were sold.
- Average pricing continues to see downward pressure, currently down 7% from 2009 to 2008. 2009 pricing is down 15% from the high in 2006.
- 2010 continues to see more downward pressure on pricing by units sold is increasing.
Colorado Springs Housing prices have started to increase
Colorado Springs Real Estate — prices have started to increase
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Kathy (719-287-1049) KTorline@msn.com
