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Welcome to the premier resource for all real estate information and services in the area. We hope you enjoy your visit and explore everything our realty website has to offer, including Colorado Springs, Monument, Palmer Lake, Manitou Springs, Peyton, Falcon, Fountain Valley and Woodland Park real estate listings, information for home buyers and sellers, and more About Us, your professional Colorado Springs Realtors.

Looking for a new home? Use Quick Search or Map Search to browse an up-to-date database list of all available properties in the area, or use our Dream Home Finder form and we will conduct a personalized search for you.

If you're planning to sell your home in the next few months, nothing is more important than knowing a fair asking price. We would love to help you with a FREE Market Analysis. We will use comparable sold listings to help you determine the accurate market value of your home.

When you buy or sell a home through Mountain View Real Estate Group, we want you to know how much we appreciate your business.  As a token of our appreciation, we will re-key your house after closing in an effort to help you, or your new buyers, feel more secure about their new home!

 

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Testimonials Page

Michelle has helped us with two sales and a purchase here in Springs, and we couldn't be more pleased with the service and results. She listened to us at every step and guided us to great outcomes in every situation. Her knowledge and professionalism are top notch. We even personally referred her to close friends, we are that confident in the level of service she provides. Thanks so much for everything! Doug and Ashley Sanders
I want to thank my realtor, Michelle Madd, for her outstanding strategy and assistance in selling my home. Her recommendations on what to fix, and what not to fix were right on. This along with her recommendations on suggested contractors to use, in my judgement, maximized the amount of money I received from the sale. We received an offer in one day, above the listed price. How can you beat that! John E Smith
Michelle, when we move back to Colorado Springs, you can help us find another house. You did such a great job with selling our last house, we would recommend you to anyone! Relocation - Chris & Sarah Johnson
Julie is the best realtor. I have worked with her on both purchases and sales. Not only is she very professional, but she goes above and beyond for her clients. During my home search, she was constantly available. I was able to make an offer on my home within only a couple of hours of it being listed, beating out multiple other offers. Since then, I have used her for other transactions and recommended her to friends, family, and clients. She will be my realtor for as long as she will have me as a client. Carissa Shipley
Michelle was referred to us by a friend and was everything we could have hoped for in a realtor. When trying to sell our house and while looking for a new home, she reduced our stress and left no stone unturned. She walked us through every step of the process and managed our expectations and wants with honesty, commitment and passion. If you are looking for a realtor whom you can trust, who is timely, professional, and has your best interests at heart, call Michelle Madd. Simultaneous Selling & Buying - Nicholas & Amanda Neilson
I have used and referred Julie for several real estate transactions. She has provided a stellar service each and every time. I can recommend Julie without reservation! Mike Shipley
We are grateful and know we couldn't do it without you! You've been such a blessing to us! You are a FANTASTIC realtor and we would be so happy to work with you in the future and tell all our friends about you. Thank you Michelle! Simultaneous Selling & Buying - Emily Eliason
Julie exhibits professionalism, knowledge and integrity. I felt confident that she always had my back and worked tirelessly to help me find my new home. I would highly recommend her to anyone buying or selling Debra Davidson
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Real Estate News

Latest Realty News from NAR

August 2018 Housing Affordability Index

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates rose to 4.78 percent this August, up 14.1 percent compared to 4.19 percent a year ago.

  • Housing affordability declined from a year ago in August moving the index down 8.3 percent from 153.9 to 141.2. The median sales price for a single family home sold in August in the US was $267,300 up 4.9 percent from a year ago.
  • Nationally, mortgage rates were up 59 basis point from one year ago (one percentage point equals 100 basis points).

  • The payment as a percentage of income was down to 17.7 percent this August but up from 16.2 percent from a year ago. Regionally, the West has the highest payment at 24 percent of income. The South had the second highest payment at 17 percent followed by the Northeast at 16.5 percent. The Midwest had the lowest payment as a percentage of income at 14.2 percent.

  • Regionally, the West recorded the biggest increase in home prices at 5.2 percent. The Midwest had an increase of 4.2 percent while the South had a gain of 3.6 percent. The Northeast had the smallest growth in price of 0.1 percent.
  • Regionally, all four regions saw a decline in affordability from a year ago. The Midwest had the biggest drop in affordability of 7.8 percent. The West had a decline of 7.7 percent followed by the South that fell 7.0 percent. The Northeast had the smallest drop of 5.5 percent.
  • On a monthly basis, affordability is up from last month in three of the four regions. The Northeast had biggest gain of 6.2 percent. The South had an incline of 2.4 percent followed by the West with a slight increase of 0.1 percent. The Midwest had the only dip in affordability of 4.8 percent.
  • Despite month-to-month changes, the most affordable region was the Midwest, with an index value of 175.7. The least affordable region remained the West where the index was 101.2. For comparison, the index was 146.7 in the South, and 151.2 in the Northeast.

  • Mortgage applications are currently down. Mortgage rates are still rising along with rents. Foot traffic is up which shows there is interest from future homebuyers. Job creation remains steady and new homes sales are continuing to incline. Home prices are up 4.9 percent outpacing median family incomes that are growing 3.0 percent.
  • What does housing affordability look like in your market? View the full data release here.
  • The Housing Affordability Index calculation assumes a 20 percent down payment and a 25 percent qualifying ratio (principal and interest payment to income). See further details on the methodology and assumptions behind the calculation here.

In Which States Did Properties Sell Most Quickly in August 2018?

In a monthly survey of REALTORS®, respondents reported that properties were typically on the market for 29 days, just a day shorter time compared to one year ago (30 days), according to the  August 2018 REALTORS® Confidence Index Survey.[1] This indicates that in many states, the supply of homes for sale is still inadequate compared to the demand for homes. However, the difference in median days in the current month compared to the same month last year has started to narrow as homebuying demand has eased and the inventory of homes for sale has slightly increased. In January and February of this year, properties were selling about one week less compared to the length of time in the same period one year ago.

During the June–August 2018, properties typically sold within one month in 32 states and in the District of Columbia. Properties sold most quickly in the states of South Dakota (19 days), Washington (20 days), Colorado (21 days), Utah (21 days), Ohio (21 days), Idaho (22 days), Massachusetts (21 days), and Rhode Island (21 days).

 

Based on listing time on Realtor.com[2], properties sold more quickly in 385 out of 500 metro areas (77 percent)—still most of metro areas, but fewer than the number of metro areas that had year-on-year faster selling time in August 2017 (405 metros). Compared to the median days on market one year ago, properties sold more quickly in August 2018 even in the high-price areas of San Jose-Sunnyvale-Sta. Clara, San Francisco-Hayward, and San Diego-Carlsbad.

 

Scroll down the list of metro areas in the interactive table below or hover over the map to view the median number days properties were listed on Realtor.com in July 2018 and one year ago.

 

Fastest-Selling Markets August 2018


About the Realtors® Confidence Index Survey

 

The RCI Survey gathers information from REALTORS® about local market conditions based on their client interactions and the characteristics of their most recent sales for the month. The August 2018 survey was sent to 50,000 REALTORS® who were selected from NAR’s1.3 million members through simple random sampling and to 8,386 respondents in the previous three surveys who provided their email addresses. There were 4,639 respondents to the online survey which ran from September 1-11, 2018. NAR weights the responses by a factor that aligns the sample distribution of responses to the distribution of NAR membership. The REALTORS® Confidence Index is provided by NAR solely for use as a reference. Resale of any part of this data is prohibited without NAR’s prior written consent. For questions on this report or to purchase the RCI series, please email: Data@realtors.org.

 

[1] In generating the median days on market at the state level, NAR uses data for the last three surveys to have close to 30 observations. Small states such as AK, ND, SD, MT, VT, WY, WV, DE, and D.C., may have fewer than 30 observations.

[2] To access Realtor.com data, go to https://www.realtor.com/research/data/.

 

 

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Mountain View Real Estate Group​


Michelle Madd

Office: 719-264-9292
Cell: 719-200-6820
homes@michellemadd.com


Julie Randall
Office: (719) 264-9292
Cell: (719) 510-8288
julie@julierandall.com



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Julie Randall | Mountain View Real Estate Group​ | Phone: (719) 510-8288 | julie@julierandall.com
Michelle Madd | Mountain View Real Estate Group​ | Phone: 719-200-6820 | homes@michellemadd.com
Colorado Springs, CO 80919
Copyright © 2015. Michelle Madd, Julie Randall All Rights Reserved

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