Suzanne Holland - Top of Skyway, Skyway Heights JAN 12
PRESORTED STANDARD US POSTAGE PAID SAN DIEGO CA PERMIT NO. 1600
The Platinum Group, Realtors 6760 Corporate Drive Suite 300 Colorado Springs, CO 80919
Su z ann e Hol la nd broker associate
Top of Skyway Skyway Heights
Real Estate Market Update January 2012
GRI
719.331.0192 [email protected]
Happy New Year!
Featured Listings E
IV T C A
r! a e Y w
Strategy Corner What Might We Expect In 2012 In a recent economic piece written by Frank E Nothaft, Chief Economist for Freddie Mac, entitled "Peering Into 2012" , the following observations regarding 2012 were discussed.
e N y
p
p a H
First, economic growth will likely strengthen to about 2.5% in 2012. With U.S. economic growth appearing to have accelerated in the last few months, fourth quarter growth is expected to approximate 2.5 to 3.0 percent, annualized, by most forecasters. Stronger retail sales, low inventory levels, and a 477,000 three-month gain in private non-farm payroll employment from August through November could provide much needed momentum as we head into 2012. Second, the U. S. unemployment rate will decline but likely remain above 8 percent.
1245 Chartwell View - Skyway Heights $475,000
LE T SA
R
SHO
With the unemployment rate dropping to 8.6 percent in November from 9.0 percent, there is hope that the labor market is improving. This scenario means stronger job growth is likely in 2012, though it may not put much of a dent in the nation's unemployment rate before modest declines bring it lower in the second half of next year, ending 2012 below November, 2011's level but still uncomfortably above 8 percent. Third, mortgage rates will likely remain very low, at least through mid-2012. With 30-year, fixed-rate conforming mortgages remaining at or below" 4.0 percent during the fourth quarter to–date thanks in large part to the Federal Reserve's Maturity Extension Program and its stated intent to push and keep long-term rates low ", it is expected that fixed-rates for 15through 30-year product will remain relatively low during the first half of the year, with "rates edging up during the second half". Coupled with the Fed's August announcement that it was likely to keep its current fed funds target through mid-2013, it is suggested that initial-period interest rates for one-year and various hybrid ARMs will remain extremely low through 2012. Fourth, housing activity will be better in 2012, but not robust.
5420 Jarman Street - Boulders Broadmoor
$400,000
E CTIV
A
785 Pollux Drive - Skyway Heights $644,000
Even though it is likely that a full-fledged recovery in the housing sector will elude the U. S. in 2012, construction of new homes and home sales are likely to be greater than in 2011. Rents, on the other hand, have risen in most markets and vacancies are down and, therefore, the rental market appears to be a major contributor to the housing recovery. "A strong headwind holding back new home sales is the very affordable competition from existing homes.” Accommodating mortgage rates and affordable housing prices could lead to a bump-up in sales by three- to fivepercent in 2012 over the past year's level. Here's to a healthy, happy, and prosperous New Year!
Doug Neefe, CML Office 719.632.0271 Fax 719.548.5178 Home 719.269.3600 Cell 719.240.2645 Toll Free 866.300.6193 [email protected]
PRESENTED BY
19 North Tejon Colorado Springs, CO 80903
Published By Real Estate Marketing, Inc - 858.254.9619 - www.REMofCA.com © 2012
Su z ann e Hol la nd broker associate
PREPARED FOR
GRI
Angela Marie and Thomas K Stevens
GRI
Top of Skyway | Skyway Heights
The confidence you’re looking for, the support you need
Real Estate Market Update | January 2012
Su z ann e Hol la nd broker associate
I am excited to start the new year and welcome your suggestions on how to make this market update more meaningful to you. My goal is to keep you in touch with what is happening in the real estate world with this brief overview. I value your input so please pass along your feedback. In the real estate statistics graph, overall number of sales are up 11.6% compared to 2010. Foreclosures are down, as banks are slower to release properties to the market in light of the robo-signing issues earlier in the year. What does that mean for 2012? I am afraid the numbers of foreclosures will go up as the banks release more inventory, which will drive prices down.
719.331.0192 [email protected]
SuzanneHolland.com
We have seen a reduced amount of inventory in the past few months, and interest rates continue to stay very low. Overall average sales prices are down 2.3% from November 2010 to November 2011.
Active Home Listings List Status Active Active Active Active Active Active Active Active
Address 2955 Pegasus Drive 1245 Chartwell View 1220 Chartwell View 2910 English Pointe 715 Nebula Court 785 Pollux Drive 3115 Orion Drive 3380 Hydra Drive
For more information on any of these listings, contact Suzanne today!
Bedrooms Total Baths Garage Spaces Finished Square Feet Total Square Feet 4 4 4 3,854 3,854 4 4 3 3,595 3,719 4 4 3 4,448 4,686 4 5 2 4,923 5,078 5 5 3 4,826 4,888 4 5 3 4,932 5,168 4 4 3 4,476 4,969 4 3 3 4,022 4,234
Active Land Listings List Status Active Active Active Active Active Under Contract - Showing
List Date 08/04/11 07/15/11 05/20/11 09/01/11 11/05/11 09/27/11 07/05/11 03/29/11
List Price $400,000 $475,000 $479,000 $550,000 $575,000 $644,000 $800,000 $879,000
For more information on any of these listings, contact Suzanne today!
Address 1030 English Pointe 2915 English Pointe 2920 English Pointe 2925 English Pointe 3380 Hydra Drive 1020 English Pointe
Acres 0.71 0.69 0.46 0.52 0.51 0.47
List Price $100,000 $100,000 $100,000 $100,000 $199,900 $120,000
Days On Market 26 26 26 26 318 29
This market data is available via email with all the interior photos of the homes listed.
On a more positive note we continue to see Colorado Springs in the press with lots of good news related to living here. We were ranked in the America’s Heath Ranking as 9th in the country which was published by the United Health Foundation. Another study focused on the most secure U.S. places to live, showed us in the top 20 metro areas with a population of 500,000 and larger.
Suzanne Holland and The Platinum Group Realtors are not in any way affiliated with Top of Skyway or Skyway Heights Owners Associations, nor is this in any way an official advertisement or publication of Top of Skyway or Skyway Heights. Data from PPMLS, Inc. as of December 18th, 2011 and represents properties listed or sold by various brokers. PPMLS and The Platinum Group Realtors do not guarantee and are not in any way responsible for its accuracy, and data maintained may not reflect all real estate activity in the market. This is a mass mailing. If your property is currently listed, this is not meant as a solicitation.
Suzanne’s Listings
My New Years wish for all of us is that we stay healthy and safe and enjoy the many gifts of living in Colorado Springs.
Colorado Springs Market Statistics
Happy New Year, and thanks again for your business and ongoing support.
Southwest (November 2010 - November 2011)
NEW
ICE
PR
Suzanne
Category
Average Sales Price (in thousands) Per Year
Nov-10
Nov-11
% Change
# Of Closed Sales - Month
30
40
33.30%
# Of Closed Sales - YTD
380
424
11.60%
Avg. Days on Market
63
111
76.20%
# Of Active Listings
293
241
-17.70%
62
39
-37.10%
$276,561
$251,907
-8.90%
# Of NEW Listings
2910 English Pointe - Skyway Heights Offered at $550,000
Average Price (SOLD)
$250,000
2010
$240,000
E
IV ACT
$230,000 $220,000 $210,000 $200,000
English Pointe - Skyway Heights Land Lots Offered at $100,000
$190,000 $180,000 2003
2004
2005
2006
2007
2008
2009
2010
2011
*Based on information from PPAR from March 2003 to present
2011
The Platinum Group, Realtors 6760 Corporate Drive Suite 300 Colorado Springs, CO 80919
Su z ann e Hol la nd broker associate
Top of Skyway Skyway Heights
Real Estate Market Update January 2012
GRI
719.331.0192 [email protected]
Happy New Year!
Featured Listings E
IV T C A
r! a e Y w
Strategy Corner What Might We Expect In 2012 In a recent economic piece written by Frank E Nothaft, Chief Economist for Freddie Mac, entitled "Peering Into 2012" , the following observations regarding 2012 were discussed.
e N y
p
p a H
First, economic growth will likely strengthen to about 2.5% in 2012. With U.S. economic growth appearing to have accelerated in the last few months, fourth quarter growth is expected to approximate 2.5 to 3.0 percent, annualized, by most forecasters. Stronger retail sales, low inventory levels, and a 477,000 three-month gain in private non-farm payroll employment from August through November could provide much needed momentum as we head into 2012. Second, the U. S. unemployment rate will decline but likely remain above 8 percent.
1245 Chartwell View - Skyway Heights $475,000
LE T SA
R
SHO
With the unemployment rate dropping to 8.6 percent in November from 9.0 percent, there is hope that the labor market is improving. This scenario means stronger job growth is likely in 2012, though it may not put much of a dent in the nation's unemployment rate before modest declines bring it lower in the second half of next year, ending 2012 below November, 2011's level but still uncomfortably above 8 percent. Third, mortgage rates will likely remain very low, at least through mid-2012. With 30-year, fixed-rate conforming mortgages remaining at or below" 4.0 percent during the fourth quarter to–date thanks in large part to the Federal Reserve's Maturity Extension Program and its stated intent to push and keep long-term rates low ", it is expected that fixed-rates for 15through 30-year product will remain relatively low during the first half of the year, with "rates edging up during the second half". Coupled with the Fed's August announcement that it was likely to keep its current fed funds target through mid-2013, it is suggested that initial-period interest rates for one-year and various hybrid ARMs will remain extremely low through 2012. Fourth, housing activity will be better in 2012, but not robust.
5420 Jarman Street - Boulders Broadmoor
$400,000
E CTIV
A
785 Pollux Drive - Skyway Heights $644,000
Even though it is likely that a full-fledged recovery in the housing sector will elude the U. S. in 2012, construction of new homes and home sales are likely to be greater than in 2011. Rents, on the other hand, have risen in most markets and vacancies are down and, therefore, the rental market appears to be a major contributor to the housing recovery. "A strong headwind holding back new home sales is the very affordable competition from existing homes.” Accommodating mortgage rates and affordable housing prices could lead to a bump-up in sales by three- to fivepercent in 2012 over the past year's level. Here's to a healthy, happy, and prosperous New Year!
Doug Neefe, CML Office 719.632.0271 Fax 719.548.5178 Home 719.269.3600 Cell 719.240.2645 Toll Free 866.300.6193 [email protected]
PRESENTED BY
19 North Tejon Colorado Springs, CO 80903
Published By Real Estate Marketing, Inc - 858.254.9619 - www.REMofCA.com © 2012
Su z ann e Hol la nd broker associate
PREPARED FOR
GRI
Angela Marie and Thomas K Stevens
GRI
Top of Skyway | Skyway Heights
The confidence you’re looking for, the support you need
Real Estate Market Update | January 2012
Su z ann e Hol la nd broker associate
I am excited to start the new year and welcome your suggestions on how to make this market update more meaningful to you. My goal is to keep you in touch with what is happening in the real estate world with this brief overview. I value your input so please pass along your feedback. In the real estate statistics graph, overall number of sales are up 11.6% compared to 2010. Foreclosures are down, as banks are slower to release properties to the market in light of the robo-signing issues earlier in the year. What does that mean for 2012? I am afraid the numbers of foreclosures will go up as the banks release more inventory, which will drive prices down.
719.331.0192 [email protected]
SuzanneHolland.com
We have seen a reduced amount of inventory in the past few months, and interest rates continue to stay very low. Overall average sales prices are down 2.3% from November 2010 to November 2011.
Active Home Listings List Status Active Active Active Active Active Active Active Active
Address 2955 Pegasus Drive 1245 Chartwell View 1220 Chartwell View 2910 English Pointe 715 Nebula Court 785 Pollux Drive 3115 Orion Drive 3380 Hydra Drive
For more information on any of these listings, contact Suzanne today!
Bedrooms Total Baths Garage Spaces Finished Square Feet Total Square Feet 4 4 4 3,854 3,854 4 4 3 3,595 3,719 4 4 3 4,448 4,686 4 5 2 4,923 5,078 5 5 3 4,826 4,888 4 5 3 4,932 5,168 4 4 3 4,476 4,969 4 3 3 4,022 4,234
Active Land Listings List Status Active Active Active Active Active Under Contract - Showing
List Date 08/04/11 07/15/11 05/20/11 09/01/11 11/05/11 09/27/11 07/05/11 03/29/11
List Price $400,000 $475,000 $479,000 $550,000 $575,000 $644,000 $800,000 $879,000
For more information on any of these listings, contact Suzanne today!
Address 1030 English Pointe 2915 English Pointe 2920 English Pointe 2925 English Pointe 3380 Hydra Drive 1020 English Pointe
Acres 0.71 0.69 0.46 0.52 0.51 0.47
List Price $100,000 $100,000 $100,000 $100,000 $199,900 $120,000
Days On Market 26 26 26 26 318 29
This market data is available via email with all the interior photos of the homes listed.
On a more positive note we continue to see Colorado Springs in the press with lots of good news related to living here. We were ranked in the America’s Heath Ranking as 9th in the country which was published by the United Health Foundation. Another study focused on the most secure U.S. places to live, showed us in the top 20 metro areas with a population of 500,000 and larger.
Suzanne Holland and The Platinum Group Realtors are not in any way affiliated with Top of Skyway or Skyway Heights Owners Associations, nor is this in any way an official advertisement or publication of Top of Skyway or Skyway Heights. Data from PPMLS, Inc. as of December 18th, 2011 and represents properties listed or sold by various brokers. PPMLS and The Platinum Group Realtors do not guarantee and are not in any way responsible for its accuracy, and data maintained may not reflect all real estate activity in the market. This is a mass mailing. If your property is currently listed, this is not meant as a solicitation.
Suzanne’s Listings
My New Years wish for all of us is that we stay healthy and safe and enjoy the many gifts of living in Colorado Springs.
Colorado Springs Market Statistics
Happy New Year, and thanks again for your business and ongoing support.
Southwest (November 2010 - November 2011)
NEW
ICE
PR
Suzanne
Category
Average Sales Price (in thousands) Per Year
Nov-10
Nov-11
% Change
# Of Closed Sales - Month
30
40
33.30%
# Of Closed Sales - YTD
380
424
11.60%
Avg. Days on Market
63
111
76.20%
# Of Active Listings
293
241
-17.70%
62
39
-37.10%
$276,561
$251,907
-8.90%
# Of NEW Listings
2910 English Pointe - Skyway Heights Offered at $550,000
Average Price (SOLD)
$250,000
2010
$240,000
E
IV ACT
$230,000 $220,000 $210,000 $200,000
English Pointe - Skyway Heights Land Lots Offered at $100,000
$190,000 $180,000 2003
2004
2005
2006
2007
2008
2009
2010
2011
*Based on information from PPAR from March 2003 to present
2011
