Category Archives: Colorado

CoS: Top 10 zips

80831 is leading the list of top 10 zip codes by volume of sales month to date in the area, selling for 3.75% more than list on average. 80918 is leading the pack in terms of closed to list price ratio, selling for 5.53% over list on average.

These stats are part of a custom built platform I have built to deliver relevant hyper local stats to my clients. Please let me know if I can help you!

Rob Thompson, Realtor®, The Agency — 7194406626

CoS: Top 10 Subareas July 2021

Here are the top 10 subareas month to date. Meridian Ranch continues its reign at the top!

Here’s how to read this chart:

Meridian Ranch has 29 sales month to date at an average closed price of $515K, a median of $512K, an average closed to list price of 103.72% (selling for 3.72% above list price), an average of 6.17 days on the market, a median of 4 days on the market, an average seller’s concessions of $244 and a median seller’s concessions of $0.

Seller’s concessions are often referred to as closing costs. I dislike this reference because it lends itself to confusion; I like the more accurate description of “seller’s contribution (concession) to the buyer’s closing costs

From the inbox: is earnest money negotiable?

earnestmoney
awesome graphic by Rob

Good question! This one came up several times over the last three days. The short answer is: Yes.

The longer answer is: Yes, but not all parties view earnest money the same way.

Earnest money is “skin in the game”. It’s money the buyer puts up after contract acceptance, to be held in escrow. This money is generally returned to the buyer at closing but MAY be forfeit to the seller, in certain circumstances. Earnest money is protected by several contractual protections for a buyer in Colorado.

This isn’t legal advice, just practical information. If you’d like to talk more about housing, please call Rob Thompson @ 719-440-6626!

Always consult a CPA for financial advice and an attorney for legal advice.

Homeowner Toolbox: Flood plain map

tools-15539_640
credit: pixabay

Are you considering a home in the Springs or surrounding area? Occasionally, I’ll be providing some research tools for your use.

Check out this interactive flood plain map!

My future homestead: a 1 acre self sustaining piece of land

photo from openclipart.org
photo from openclipart.org

I really, really like this idea. SurvivalGrit has the rundown on the basics of what such a mini farm (is that accurate) would look like and function.

Thank you to my friend and Las Vegas area agent Leah Soares Rodriquez who shared this on Facebook!

Eight places to cool off in Colorado…

 

Gerald-G-Water-Skier
image from OpenClipArt.org

From the Gazette, here’s a rundown of eight spots to cool off in Colorado!

We’ve down the hot springs — well worth the journey!

Have any you’d add to the list?