Welcome or Register

Welcome

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!

 

For Sellers

Let us quickly and accurately assess your home's current value.

Free Email Updates

Register now to receive free email listing updates!

Contact Me

Have a question? Want more information? Let's get in touch.

Testimonials Page

Michelle recently helped me sell my townhouse in Colorado Springs. I was out of state and it turned into a complex sale due to problems with the HOA. She helped me navigate the process and found a buyer that could work within the situation. It really put my mind at ease to know that even though I was out of town, I had someone looking out for me throughout all of this.  07/13/2018 - user244251 Matt B.
Michelle is an amazing realtor! She tells you like it is, without sugarcoating anything, which we really appreciate in a realtor. She is extremely knowledgeable in everything regarding the housing market, trends, loans, housing programs, building codes, as well as what should and shouldn't be included on the repair requests. She is an excellent communicator with a fast response rate and an amazing negotiator. We are extremely grateful for our experience with Michelle!  12/20/2018 Allison B. Allison B.
We never would have won the bidding war at the incredible price we did without Michelle’s expertise! Because of her knowledge we were able to buy our dream house at 15 thousand dollars less than the exact same layout neighboring house and with an extra lot and upgrades!   11/19/2018 - gina and steven Gina & Steven
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
View All

Real Estate News

Latest Realty News from NAR

Home Buying Conditions by State in January 2019

Homebuying activity was essentially unchanged in January 2019 compared to one year ago, according to NAR’s January 2019 REALTORS® Confidence Index Survey.[1] The REALTORS® Buyer Traffic Index registered 52 in January 2019, just slightly above 50, a level that indicates no change in the overall direction of buyer traffic activity, One year ago, the REALTORS® Buyer Traffic Index was at 69, a level that indicates homebuying traffic was broadly stronger compared to conditions one year ago. A lower index in one month compared to the level in another month slower activity during that former month, so the steep decline in the value of the index from 69 to 52 indicates homebuying conditions have slowed significantly from conditions one year ago.[2] The REALTORS® Buyer Traffic Index has fallen below leads existing home sales by one to two months, so the January reading is an indicator of sales in the next one to two months.

Buyer traffic was broadly weaker during November and December 2018 and January 2019 compared to conditions one year ago in the District of Columbia and in states 16 states that included Oregon, California, Nebraska, Iowa, Illinois, Maryland, Connecticut, Rhode Island, and New Hampshire. However, buyer traffic conditions were broadly stronger during November and December 2018 and January 2019 compared to conditions one year ago in Idaho, Utah, Wisconsin, Indiana, Alabama, Georgia, South Carolina and North Carolina.


The REALTORS® Buyer Traffic Index has hovered at near 50 since August 2018 when the index fell to 51 and remained at below 50 through December 2018. The January reading of 52 indicates a slight upturn in homebuyer traffic as mortgage rates started falling in January 2019.  As of the week of February 14, the average 30-year fixed mortgage rate fell to 4.37 percent, from a high of 4.94 in the weeks of November 8 and 15.[3]

REALTOR® Comments

Higher mortgage rates compared to one year ago, the negative effect on confidence of the government shutdown, the cap on deductions for property, state, and local income taxes, and the very cold weather were some factors cited by the respondents for the slowdown in buyer activity in their markets.

  • Respondents from some Midwest states— Ohio, Illinois, Iowa, Michigan, Missouri, Indiana— reported that the extremely cold weather held homebuying activity.
  • Some respondents from California, New York, and New Jersey reported the cap on deductions for property, state and local income taxes is negatively affecting sales.
  • A respondent from California also noted that the widespread wildfires in 2018 are still impacting home sales[4].
  • Respondents from Alabama, California, Nevada, Florida, Texas, and Virginia reported that the government shutdown appeared to have had an impact in homebuying activity.
  • Lack of supply, especially of affordable homes, continues to frustrate would-be homebuyers.
  • REALTORS® reported that higher mortgage rates (during October, November and December) discouraged buyers

 

To note, mortgage rates have started falling again since January 2019.[5] As of February 14, the 30-year fixed rate mortgage has fallen to 4.37 percent from 4.8 percent during the weeks of November 8 and 15. The 30-year fixed mortgage rate is still slightly higher compared to the 3.95 percent in January 2018. The monthly increase in mortgage payment arising from a 0.5 percent increase in mortgage rates on a loan of $250,000 is about $73 per month.


 

[1]In a monthly survey of REALTORS®, NAR asks respondents “Compared to the same month (January) last year, how would you rate the past month’s traffic in neighborhood(s) or area(s) where you make most of your sales?” NAR compiles the responses into an index, where an index above 50 indicates that more respondents reported “stronger” traffic than “weaker” traffic.  In generating the buyer traffic index 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. The index is not seasonally adjusted, so a year-over-year comparison is appropriate.

[2] The index is not seasonally adjusted, so a year-over-year comparison is appropriate compared to a month-to-month comparison in evaluating whether market conditions are improving or deteriorating.

[3] Freddie Mac’s survey of 30-year fixed rate mortgages

[4] Bloomberg reported that 876,000 acres were burned in California due to wildfires, citing data form the California Department of Forestry and Fire and Protection in Now California Wildfires Burn All Year; see https://www.bloomberg.com/news/articles/2019-01-17/california-fires-burn-all-year-as-drought-left-state-a-tinderbox

[5] Rates started falling after Chairman Powell of the Federal Reserve Board announced in December 2018 that it was looking at one rate hike in 2019.

President’s Day 2019: How Does the White House Compare to the Average Home?

In the spirit of President’s Day we can use data from the 2018 Profile of Home Buyers and Sellers to see how the typical home differs from the White House.

Typical Home Purchased in the U.S.

  • 86% of buyers purchased a previously owned home, with 82% of buyers choosing a detached single-family home.
  • Looking by first-time and repeat buyers, both also purchased detached single-family homes more often with 80% of first-time buyers and 83% of repeat buyers.
  • 51% of all buyers purchased their home in a suburb/subdivision.
  • The typical detached single-family home purchased was 1,980 square feet.
  • Recent homes purchased also had a median of 3 bedrooms, 2 bathrooms, and were built in 1991.
  • Among all buyers, the expected length of tenure in the home purchased was 15 years.

The White House

  • The White House was built in 1792, and in comparison is located in an urban or central area.
  • The White House contains 6 levels, has 132 rooms, including 35 bathrooms.
  • It also includes features such as: a tennis court, jogging track, swimming pool, billiard room, movie theatre, and bowling alley.
  • While the median expected tenure in a home lasts around 15 years, in the White House the expected tenure is between 4 and 8 years.

 

For more information on this data check out the President’s Day Infographic and the 2018 Profile of Home Buyers and Sellers.

View All

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



Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!

*Contact Information NOT Shared*


Find an Agent


view all

Contact Us





* fields are required

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

Real Estate Websites by iHOUSEweb iconiHOUSEweb | Admin Menu