Is Rental Property Investment Right for You? Real estate investment can be a powerful way to build wealth, but it’s important to understand why and when it makes sense. There are several compelling reasons to consider rental property investment: It can be an excellent investment when properly managed It provides valuable tax write-offs while generating income It might be your best option if you’re ... The post Guide to Rental Property Investments appeared first on Colorado Real Estate Group ..read more

When you think of tech hubs, Silicon Valley might be the first place that comes to mind. But nestled at the foot of Pikes Peak, Colorado Springs is rapidly becoming a formidable player in the tech industry. Dubbed “Silicon Mountain” by locals, the northern part of our city is experiencing a tech boom that’s transforming the landscape and economy. Let’s explore why Colorado Springs, ... The post The Silicon Mountain: Colorado Springs’ Booming Tech Hub appeared first on Colorado Real Estate Group ..read more

Increased Home Prices – But Not for Everyone In a recent video, I predicted that home prices would continue to decrease as we head toward the end of the year. I was wrong—sort of! Yes, average home prices rose significantly from September to October, jumping from $535,000 to $557,000. However, this increase doesn’t necessarily mean all homes are selling for higher prices. Instead, it ... The post October 2024 Colorado Springs Real Estate Market Update appeared first on Colorado Real Estate Group ..read more

Living in Colorado Springs means adapting to high-altitude conditions, with elevations ranging from 5,000 to 7,000 feet. While the effects might not be immediately apparent beyond some heavy breathing, the altitude impacts many aspects of daily life. Physical Adaptation Breathing and Energy Expect to get out of breath faster during physical activities Body may take 4-6 weeks to fully adjust to the elevation Lower ... The post Living at High Altitude in Colorado Springs appeared first on Colorado Real Estate Group ..read more

Colorado Wildfires: Preparing Your Home and Understanding the Risks The Marshall fire was a bleak reminder that wildfires can happen at any time, anywhere with lightning speed. Colorado ranks 3rd in homes at extreme risk for wildfires. This is another reason not to stop paying attention and preparing. Colorado and all affected counties have continued to work on mitigation, wildfire preparedness of residence and ... The post Colorado Wildfires: Preparing Your Home and Understanding the Risks appeared first on Colorado Real Estate Group ..read more

Fall 2024 Real Estate Market Update All signs point to a quiet Fall. In September, the Federal Reserve Board decreased interest rates by 50 points. Many buyers and sellers thought that at the time of announcement is when they would see the change in mortgage rates. However, that’s not how it works. The “Fed Rate” only indirectly affects the mortgage rates. At time of ... The post September 2024 Colorado Springs Real Estate Market Update appeared first on Colorado Real Estate Group ..read more

Welcome to our 2024 guide to the best Colorado gift ideas! As the holiday season approaches, we’re excited to share a curated selection of unique presents from Colorado’s finest small businesses. Whether you’re searching for Colorado-made crafts, locally-sourced goods, or one-of-a-kind Colorado gift ideas, our guide has you covered. From handcrafted candles to sustainable outdoor gear, we’ve gathered ten exceptional Colorado businesses offering distinctive ... The post 10 Colorado Gift Ideas for 2024 appeared first on Colorado Real Estate Group ..read more

Every year around August 15, I can sense a slight shift in the air. While the temperatures may say that it is still summer, there is something subtly different in the air that lets me know Autumn is quickly approaching. It’s time to start planning for exciting fall activities near Colorado Springs! While I’m a bit sad that the sizzle and excitement of summer ... The post Fall Activities Near Colorado Springs: Your Ultimate Guide for 2024 appeared first on Colorado Real Estate Group ..read more

Changes are coming! Not only because the school year has started again or because soon we’ll feel the first chill in the morning air, but also because July and the beginning of August have brought a lot of changes economically:  The market reacted strongly to the weak unemployment report in July, with fears of a recession – as it usually does – sending the ... The post July 2024 Colorado Springs Real Estate Market Update appeared first on Colorado Real Estate Group ..read more

Searching for a realtor in Colorado Springs can feel daunting, but finding the right one is crucial for a successful home buying or selling experience. In this comprehensive guide, we’ll explore how to find a real estate agent who’ll be your dedicated partner in navigating Colorado Springs’ dynamic real estate market. Why the Right Colorado Springs Real Estate Agent Matters A great real estate ... The post Choosing the Best Realtor appeared first on Colorado Real Estate Group ..read more