Liz Cobb: 719.492.4040 | Jerry Cobb: 719.492.4041
Colorado Springs Real Estate Quick Facts Mortgage rates were flat for the Quarter and up about a 1/4 pt from the same quarter last year (SQLY) Average active listings for the quarter were 1246, compared to 1099 from the SQLY (up 13%) Total new listings for the quarter were 2755, compared to 2662 from the […]
Q1 2024 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates increased to 6.9% from 6.6% earlier in the month 1,247 listings are on the market, this is up 15% from the same month last year (SMLY) New listings for the month were 1654, which is up nearly 7% from SMLY There were 692 sales for the
February 2024 Real Estate Market Update Read More »
Adversity often closes one chapter of life and thrusts us onto the opening page of another. Relocating to a different city post-challenges offers more than a change of address—it’s the first step in crafting a new narrative. This Cobb Team exploration delves into the fundamentals of such a transformative journey, emphasizing mental resilience, community engagement,
Reboot and Rebuild: Relocating and Reinventing Yourself After a Setback Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates were relatively flat ranging from 6.60% to 6.69% during the month 1,201 listings are on the market, this is flat from the same month last year (SMLY) New listings for the month were 748, which is down 4% from SMLY There were 480 sales for the
January 2024 Real Estate Market Update Read More »
The real estate industry has been in the news in recent months due to a class action lawsuit and the outcome is still not clear. Still, business must go on, so brokerages are educating, training and assisting their brokers with how to handle questions surrounding the issues. The basic misunderstanding involves buyer’s agents and how
Setting the Record Straight Read More »
One year ago, we predicted the local real estate market would increase 1%-3% in values, inventory would improve slightly, and there would be a 5% bump in total sales. We were correct with the first two, but missed the mark on the number of sales as we underestimated the impact of ultra-low mortgage rates on
Looking Ahead to 2024 Real Estate Market Read More »
Looking Back at 2023 During the first quarter of 2023, we saw our local real estate market adjust substantially and rapidly. The key metrics we track showed a shift from a robust seller’s market towards a more balanced market. The surge in mortgage rates over the past couple of years put buyers and sellers on
Looking Back at 2023’s Real Estate Market Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates dropped from 7.76% to 7.22% during the month 1,706 listings are on the market, this is flat from the same month last year (SMLY) New listings for the month were 714, which is down 6% from SMLY There were 588 sales for the month, which is
November 2023 Real Estate Market Update Read More »
If you are in the market for a new home or thinking about selling the home you own, you have undoubtedly been thinking about which real estate professional you need on your team to accomplish your goals. And that’s where things can get confusing for many. If purchasing a home is in your future, a
What is a Full Service Realtor? Read More »
Picture this. You’ve just purchased the home of your dreams and are moving in, and the neighbors begin stopping by to welcome you to town. It all seems so very normal and great until one neighbor begins talking about the history of your new home. Maybe there are rumors of paranormal activity; or someone died
Understanding Stigmatized Properties Read More »
Liz Cobb | CO 10004107
Jerry Cobb | CO 40042096
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