CSREJ - May

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Vol. 8 No. 9

May 30, 2016

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The 10 hot-spots for movers Here are the cities that are gaining the most residents: 1. Tampa, Fla. Median home price: $230,000 2. Jacksonville, Fla. Median home price: $272,400 3. Charlotte, N.C. Median home price: $257,500 4. San Antonio, Texas Median home price: $275,000 5. Austin, Texas Median home price: $399,000 6. Las Vegas, Nev. Median home price: $260,000

7. Orlando, Fla. Median home price: $262,400 8. Nashville,Tenn.

Median home price: $315,000 9. Raleigh, N.C. Median home price: $297,200 10. Portland, Ore. Median home price: $416,300

Existing-home sales rise in April for second straight month Despite ongoing inventory shortages and faster price growth, existing-home sales sustained their recent momentum and moved higher for the second consecutive month, according to the National Association of Realtors®. A surge in sales in the Midwest and a decent increase in the Northeast offset smaller declines in the South and West.

Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.7 percent to a seasonally adjusted annual rate of 5.45 million in April from an upwardly revised 5.36 million in March.

After last month's gain, sales are now up 6.0 percent from April 2015.

Lawrence Yun, NAR chief economist, says April's sales increase signals slowly buildYun ing momentum for the hous-

Meanwhile, some of the nation’s largest cities are seeing their populations slightly shrink. The following cities are losing the most residents: New York, N.Y.; Chicago; Detroit; San Jose, Calif.; and Los Angeles. © Copyright National Association of Realtors. Reprinted with permission.

Housing starts up 6.6 percent in April Nationwide housing starts rose 6.6 percent to a seasonally adjusted annual rate of 1.17 million in April, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

Overall permit issuance was also up 3.6 percent to a seasonally adjusted annual rate of 1.12 million.

“This month’s modest rise in housing production is consistent with builder sentiment, which has remained steady and in positive territory in recent months,” said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill. “Though housing construction data is relatively flat for the beginning of 2016, we antici-

ing market this spring. "Primarily driven by a convincing jump in the Midwest, where home prices are most affordable, sales activity overall was at a healthy pace last month as very low mortgage rates and modest seasonal inventory gains encouraged more households to search for and close on a home," he said.

"Except for in the West — where supply shortages and stark price growth are hampering buyers the most — sales are meaningfully higher than a year ago in much of the country."

The median existing-home price for all housing types in April was $232,500, up 6.3 percent from April 2015 ($218,700). April's price increase marks the 50th consecutive month of year-over-year gains.

Total housing inventory at the end of See April Sales | 3

HBA Wins Three National Awards

RE/MAX Millennium Grand Opening

Jay Gupta's April Housing Stats

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pate a ramping up of housing production during the rest of the year, given a strengthening job market, low mortgage interest rates and favorable demographics,” said NAHB Chief Economist Robert Dietz.

Single-family and multifamily production each registered gains in April. Single-family housing starts rose 3.3 percent to a seasonally adjusted annual rate of 778,000 units while multifamily starts increased 13.9 percent to 394,000 units.

See Housing Starts | 2

National News ........... Page Local News ............... Page On the Move ............. Page Local Expert ............. Page Around the Corner ...... Page

Mobile Issue (Beta)

This summer more Americans are on the move. So where are they going? Census Bureau migration data mixed with cross-metro moving requests on moving.com and crossmetro search traffic data on realtor.com® reveals the hotspots drawing the most new residents lately.

The cities attracting the most residents lately tend to have two main things in common: affordable housing and strong job markets.

Edward Duncan

Will Michaloski

Marianne Elep Turner

Loan Officer

Loan Officer

Loan Officer

2 4 13 14 15

(719) 331-2750 chad.denny@academy.cc

(719) 380-1778 debbie.havens@academy.cc

(719) 491-2500 sharon.ballinger@academy.cc

(719) 264-1968 edward.duncan@academy.cc

(719) 232-7553 will.michaloski@academy.cc

(719) 264-1952 marianne.elepturner@academy.cc

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Director of Publishing Josh Olson

josh@csrej.com Colorado Springs Real Estate Journal LLC (CSREJ) is locally owned and operated out of Colorado Springs, Colorado. CSREJ is published once a month and distributed through US Mail to nearly all members of The Pikes Peak Association of Realtors® and The Colorado Springs Housing & Building Association and many other industryrelated professionals.

CSREJ is not responsible for any opinions or facts expressed by non-staff writers. CSREJ shall not be held responsible for any errors in advertising or editorial content.

Realtor® is a registered trademark. Sometimes the word Realtor® or Realtors® will appear without the “®” symbol for the purpose of saving space. The registered trademark should be assumed if it is not present.

We welcome the submission of articles, photos and press releases. Email josh@csrej.com your submissions or questions.

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Cash sales lowest since 2008 The number of home buyers bringing all-cash to a transaction this year is on track to be the lowest since 2008, according to new findings from CoreLogic, a real estate data firm. For the first two months of this year, the share of cash sales averaged 35.6 percent.

In January 2011, cash sales peaked at 46.6 percent of total home sales nationally. Cash sales comprised 35.7 percent of all home sales in February, down 2.5 percentage points from a year ago.

Prior to the housing crisis, the share of cash sales averaged about 25 percent. CoreLogic analysts predict that if cash sales continue on current trends, all-cash sales should reach the 25 percent mark by mid-2018.

Real estate-owned (REO) sales continue to have the largest share of cash sales at 59.2 percent. Resales followed at a 35.6 percent share of cash

sales, and then short sales at 32.6 percent and new-home construction homes at 15.2 percent, according to CoreLogic’s report.

Of the nation’s largest metros, Syracuse, N.Y. had the lowest share of cash sales at 11.5 percent. On the other hand, the following areas had the highest share of cash sales in February:

Housing Starts from 1

registered a 10 percent loss.

Single-family permits increased 1.5 percent to a rate of 736,000 while multifamily permits rose 8 percent to 380,000.

All four regions posted permit increases in April. The Northeast, Mid-

Combined single- and multifamily starts were mixed in April, rising 22.2 percent in the Midwest and 14.1 percent in the South. The Northeast posted a 7.6 percent loss and the West

The Hometown Team is Growing As one of the area's largest mortgage bankers, our track record of competitive rates, broad selection of mortgage products, and first-class service has earned us the distinction of being the hometown lender of choice for many of the area’s top builders and Realtors.

We are pleased to welcome our new Sales Manager

Hutch Hutchison

Sales Manager | NMLS 316138 Direct: 719.785.7107 Cell: 719.290.1211

• Philadelphia, Pa.: 54.5% • Detroit, Mich.: 53.8% • West Raton-Delray Beach, Fla.: 53.4% • Miami-Miami Beach-Kendall, Fla.: 52.5% • Cape Coral-Fort Myers, Fla.: 51.8% © Copyright National Association of Realtors.

Reprinted with permission.

west, South and West posted respected gains of 3 percent, 3.3 percent, 3.3 percent and 4.7 percent.

The above article has been provided to you compliments of the National Association of Home Builders.

Meet the CB&T Mortgage Team

Lisa Rushmer

Theresa Anderson

Brent Mrofcza

Richard Phillips

NMLS # 264502

NMLS # 334014

NMLS # 281818

NMLS # 296834

John Draper NMLS # 311312

Jean Tindill

NMLS # 276757

Hutch.Hutchison@CentralBancorp.com

www.CBTMortgageHutch.com

Consider Joining the Hometown Team Call Hutch to discuss opportunities

CB&T Mortgage is a part of Farmers & Stockmens Bank, Clayton, NM. Equal Housing Opportunity Lender.

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CentralBancorp.com/Mortgage 1 South Nevada Avenue Colorado Springs, CO 80903 719-228-1100

May 30, 2016

National News

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April Sales from 1 April increased 9.2 percent to 2.14 million existing homes available for sale, but is still 3.6 percent lower than a year ago (2.22 million). Unsold inventory is at a 4.7-month supply at the current sales pace, up from 4.4 months in March.

"The temporary relief from mortgage rates currently near three-year lows has helped preserve housing affordability this spring, but there's growing concern a number of buyers will be unable to find homes at affordable prices if wages don't rise and price growth doesn't slow," adds Yun. According to Freddie Mac, the average commitment rate (link is external) for a 30-year, conventional, fixed-rate mortgage fell from 3.69 percent in March to 3.61 percent in April, which is the lowest since May 2013 (3.54 percent). The average commitment rate for all of 2015 was 3.85 percent.

Properties typically stayed on the market for 39 days in April (47 days in March), which is unchanged from a year ago but the shortest duration since June 2015 (34 days). Short sales were on the market the longest at a median of 120 days in April, while foreclosures sold in 51 days and non-distressed homes took 37 days. Forty-five percent of homes sold in April were on the market for less than a month — the highest since June 2015 (47 percent).

"Looking ahead, with demand holding steady and supply levels still far from sufficient, the market for entry-level and mid-priced homes will likely continue to be the most competitive heading into the summer months," says Yun. The share of first-time buyers was 32 percent in April, up from 30 percent both in March and a year ago. First-time buyers in all of 2015 also represented an average of 30 percent.

At last week's 2016 REALTORS® Legislative Meetings & Trade Expo, U.S. Housing and Urban Development Secretary Julian Castro announced beneficial changes to FHA condo rules, which could help many first-time buyers, are moving forward and are currently at the Office of Management and Budget for review.

"Secretary Castro's update that the condo rule changes are in their final stages before implementation received great applause from Realtors® both at the forum and throughout the country," said NAR President Tom Salomone, broker-owner of Real Estate II Inc. in Coral Springs, Florida. "To ensure that purchasing a condo increasingly becomes a viable and affordable option for first-time buyers, NAR supports the ongoing efforts to eliminate unnecessary barriers holding back condo sales. We hope that progress on this condo rule means we'll see some much-needed changes in the near future."

All-cash sales were 24 percent of transactions in April, down from 25 percent in March and unchanged from a year ago. Individual investors, who account for many cash sales, purchased 13 percent of homes in April (matching the lowest share since October 2015), down from 14 percent in both in March and a year ago. Sixty-nine percent of investors paid cash in April.

Distressed sales — foreclosures and short sales — declined for the second straight month to 7 percent in April, down from 8 percent last month and 10 percent a year ago. Five percent of April sales were foreclosures and 2 percent were short sales. Foreclosures sold for an average discount of 17 percent below market value in April (16 percent in March), while short sales were discounted 10 percent (unchanged from March).

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"...the market for entry-level and mid-priced homes will likely continue to be the most competitive heading into the summer months," says Yun.

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Single-family and Condo/Co-op Sales Single-family home sales inched forward 0.6 percent to a seasonally adjusted annual rate of 4.81 million in April from 4.78 million in March, and are now 6.2 percent higher than the 4.53 million pace a year ago. The median existing singlefamily home price was $233,700 in April, up 6.2 percent from April 2015.

Existing condominium and co-op sales jumped 10.3 percent to a seasonally adjusted annual rate of 640,000 units in April from 580,000 in March, and are now 4.9 percent above April 2015 (610,000 units). The median existing condo price was $223,300 in April, which is 6.8 percent above a year ago.

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May 30, 2016

Colorado Springs Real Estate Journal

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Local News

Purely Ponds Parade of Ponds supports local charity Colorado Springs based Purely Ponds Fine Landscapes would like to announce the 10th Annual Purely Ponds Parade of Ponds. This selfguided charity pond and waterfall tour will be held from 9am-5pm on Saturday and Sunday, June 25th – 26th, 2016. The Parade of Ponds will hold tour

stops throughout the Colorado Springs area. Proceeds benefit the Boys and Girls Club with a matching donation from Purely Ponds Fine Landscapes.

Purely Ponds Fine Landscapes has once again partnered with the Boys and Girls Club of the Pikes Peak Region. For 128 years this charitable organization has delivered quality programs and a unique experience for the youth of the Front Range. They’re mission is simple: To inspire and enable all young people to realize their full potential as productive, responsible and caring citizens. The Boys & Girls Club of the Pikes Peak Region fills a critical need. Building character through everyday leadership and guidance in behavior and attitude, the trained professional staff provide nationally recognized programs that help young people succeed in school, stay healthy, learn important life skills, pursue interests in the arts and sports, and explore vocational choices. To learn more about the Boys & Girls Clubs of the Pikes Peak Region, visit www.bgcppr.org. The Purely Ponds Parade of Ponds will again proudly match and donate all proceeds to this remarkable charity, The Boys and Girls Club.

Water features are today’s hottest trend in landscaping. This

turbo charge

is a great chance for our water feature owners and serious water gardeners to share their piece of paradise with the public. In addition, this is an excellent community event and opportune time to show our support of the local Boys & Girls Club.

Our ecologically balanced waterscapes facilitate relaxation to the soothing sounds of water, a peaceful panorama of the naturalistic water garden, and a friendly fish community. It offers an experience of tranquility that transcends today’s stressful world.

Countless satisfied homeowners readily profess that adding a water feature to their landscape was the best investment they’ve ever made.

Purely Ponds Parade of Ponds ticket book with tour maps are just five dollars per ticket and will be available in May online at www.purelyponds.com.

Our sponsor, Pioneer Sand Company, also will have tickets books with map available at all three Pioneer Sand locations in Colorado Springs, Monument, and the Black Forest. For more information about Purely Ponds Fine Landscapes’ ecosystem-friendly water gardening or the Purely Ponds Parade of Ponds, contact Jessica at jessica@purelyponds.com or by phone at 719-896-0038. Please visit our website at www.purelyponds.com.

Purely Ponds Fine Landscapes is the local water feature and fine landscapes specialist. We specialize in design and installation of the areas most natural experience in ponds, pondless waterfalls, streams, stone fountains, and also offering xeriscaping, outdoor kitchens, patios and all fine landscaping options. Purely Ponds Fine Landscapes is a member of the Better Business Bureau and the Housing & Building Association.

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with Axia Home Loans

Join us in celebrating Davey Schmidt’s 25th year racing in the Pikes Peak International Hill Climb!

Come visit the Axia booth at Fan Fest on Friday, June 24th from 5:00 - 10:00 PM on the corner of Tejon and Kiowa: • DONT MISS Your chance to win tickets to the 2016 Pikes Peak International Hill Climb • Autographs from the driver • Fun prizes • C A L L (719) 387-0024 for more information!

official sponsor of davey schmidt #26 Axia is a registered trade name of Axia Financial LLC. | NMLS ID 27830

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Colorado Springs Real Estate Journal

May 30, 2016

The Bobbi Price Team with the Platinum Group Realtors is proud to announce the exclusive representation of Gray Homes.

Stephanie, Lori, Amy, Bobbi & Jade.

www.BobbiPrice.com

Gray Homes www.grayhomesinc.com 719 536 4304

The Bobbi Price Team with the Platinum Group Realtors is proud to announce the exclusive representation of Gray Homes.

Dave Gray has been building homes for over 12 years in Colorado Springs. His experience, knowledge, and style are reflected in his homes. From innovative product lines not seen in Colorado Springs to clean, modern luxury, Dave Gray has the ability & knowledge to accommodate any family or lifestyles of all types. Catering to his clients needs, you will see Dave throughout the home building process, which is a process like no other. Dave Gray is excited to offer his homes to families in Wolf Ranch starting in the low $400’s. Customer Satisfaction isn’t just a myth, it’s a legend at Gray Homes.

For more information on “move in ready” homes, please visit them at their model: 5940 Fergus Drive, COS, CO 80924. 10am-5pm Wednesday thru Saturday, Sunday noon-5pm and Monday and Tuesday by apt only. Directions: East on Research, past Powers. Take a left on Wolf Center Drive (second round about) and turn right onto Fergus. Model home on left.

For Additional information, you can contact Stephanie Hawthorne at: 719 210 0480

Our preferred lending team

MARCY LANGLOIS Mortgage Loan Originator (719) 265-5147 mlanglois@pmglending.com NMLS# 452580

May 30, 2016

RICH DILLMAN Sales Manager (719) 201-8193 rich.dillman@caliberhomeloans.com NMLS# 298994

Colorado Springs Real Estate Journal www.csrej.com

5

Local News

HBA of Colorado Springs earns three national awards The Housing & Building Association of Colorado Springs (CSHBA) is the proud recipient of three Association Excellence Awards for 2015, presented by the National Association of Home Builders (NAHB). CSHBA won awards in its size category for the following:

Best Council Development Program & Best Association Operations Program Administered “Investing in the Next Generation of Leaders” is a CSHBA Emerging Leaders Program which was created to identify and develop emerging leaders within the membership who

understand the depth and breadth of the Association at the local, state and national level. The program contributes to their professional development by helping them understand their individual leadership style and the im-

THE

PERFECT COMBINATION

portance of good governance, among other goals.

Best Workforce Development Plan Implemented “Careers in Construction (CIC)” is an initiative of CSHBA and the Association of General Contractors. CIC gives high school students pathways to success in the building trades. The program provides curriculum-based training that introduces students to the tools and basic skills for plumbing, electrical, HVAC and carpentry, which may lead directly to a career.

CSHBA will receive plaques and in-person recognition for the awards at the 2016 Association Leadership Institute taking place July 12-15 in San Antonio.

OF THE GREAT INDOORS

AND THE GREAT OUTDOORS.

The Denver Post names Fidelity National Title Company a 2016 Top Workplace

Beautiful trails. Beautiful views. And beautiful model homes, are what you’ll find at The Farm, Colorado Springs’ newest master-planned-community. Come see what living in perfect harmony looks like.

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MODEL HOMES

NOW OPEN TOUR

4 MODELS

10am – 5pm • 7 Days a Week • New Homes from The Low $400s The Model Homes Grand Opening is going on now at The Farm. Come tour 4 homes never before seen in Colorado Springs from 4 local builders. Visitors can also see the future 4-acre site of the Gathering Place nestled amongst the ponds.

Visit TheFarmColorado.com to learn more.

ADAMO HOMES 720.320.4959 adamohomes.com

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BROOKSTONE HOMES 719.494.5113 brookstonecolorado.com

KELLER HOMES 719.388.2322 kellerhomes.com

VANTAGE HOMES 719.597.6373 vhco.com

Colorado Springs Real Estate Journal

Fidelity National Title Company has been listed a 2016 Top Workplace by The Denver Post. The Top Workplaces lists are based solely on the results of an employee feedback survey administered by WorkplaceDynamics, LLC, a leading research firm that specializes in organizational health and workplace improvement.

Several aspects of workplace culture were measured, including Alignment, Execution, and Connection, just to name a few.

“The Top Workplaces award is not a popularity contest. And oftentimes, people assume it’s all about fancy perks and benefits.” says Doug Claffey, CEO of WorkplaceDynamics. “But to be a Top Workplace, organizations must meet our strict standards for organizational health. And who better to ask about work life than the people who live the culture every day—the employees. Time and time again, our research has proven that what’s most important to them is a strong belief in where the organization is headed, how it’s going to get there, and the feeling that everyone is in it together. “Claffey adds, “Without this sense of connection, an organization doesn’t have a shot at being named a Top Workplace.”

“I am elated our employees believe Fidelity National Title is one of the top workplaces! Our staff is passionate about making sure our clients have a great experience when working with us, I am very proud they feel the same way working for us.” stated John Longo, President Fidelity National Title Company.

May 30, 2016

Local News

RE/MAX Millennium holds grand opening event in Cordera

By Peggy Kinnaird RE/MAX Millennium, the newest RE/MAX real estate franchise in Colorado Springs opened its doors to the public, or rather, garage doors on Thursday, April 14, at a grand opening event where approximately 400 guests perused the facilities located at 9362 Grand Cordera Pkwy, Suite 100, in the Cordera development just east of Powers Blvd.

The office space is appropriately named for its modern and sleek design for the new Millennial generation of home buyers. The interior offices are designed with glass walls and a central conference room has garage doors that can be lowered for meetings or raised to accommodate art shows or other events.

“We wanted an Apple meets Starbucks feel,” said Janae Daniels, wife of owner Jason Daniels and facilitator of Human Resources.

She said that today many real estate agents and brokers were meeting

their clients at Starbucks, “so why not bring Starbucks to the client instead.”

The interior also includes a café lounge area designed with exposed brick and duct work where 3 large flat screen T.V.’s are visible. The bar area serves premium coffees, sodas and popcorn for families who are in the process of looking for homes in Colorado Springs.

Original artwork is also displayed throughout the office from two featured artists, Fred Bender and Tara Kelley-Cruz. Every six months new artwork will be hung from different artists.

Bender, of Denver, CO, said Daniels contacted him after seeing his work displayed at The Warehouse, a local restaurant in downtown Colorado Springs.

“The whole concept [of RE/MAX Millennium] is that of a very special and really well thought out design for a contemporary office,” said Bender.

“I think it will be recognized as breaking ground in office design.”

Bender, a professional artist for the past 12 years has 15 pieces of abstract expressionist art displayed throughout the office with a price range between $700 and $4,000.

Tara Kelley-Cruz, a local resident in Cordera said she jumped at the chance to display her work after Dan-

iels called her.

Cruz has been a professional graphic designer for the past 25 years and is displaying 13 pieces of contemporary abstract art ranging between $500 and $1700.

“Once I saw the space I thought, ‘perfect it’s just like a gallery,’” Cruz said.

Jason Daniels, owner of RE/MAX Millennium, has been a RE/MAX agent since 2003 and has been interested in opening up his own franchise for the past several years. He has been especially interested in expanding since he and his team of four other agents sold 141 homes in 2015.

He said owning a franchise has

been a long process and a journey that included submitting a 35 page business plan. After being selected among 10 other competing agents he knew he wanted an office near the Powers’ corridor since all other RE/ MAX offices were located near I-25.

See RE/MAX | 8

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May 30, 2016

Colorado Springs Real Estate Journal

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7

Local News Colorado Springs real estate brokerage among nation’s best RE/MAX Properties, Inc., ranks among the 50 most productive brokerages in the U.S., based on home sales data in the prestigious 2016 REAL Trends 500 survey. RE/MAX Properties, Inc. placed 24 out of 50 (or, ranked in the top 50) with an average 22.8 transaction sides per agent.

When measured by the number of transaction sides per agent, RE/MAX Properties, Inc. was also one of only 3 Colorado Springs, CO real estate brokerages included among the top 50 brokerages.

“Our agents always put the customer first,” said Joe Clement, Broker/ Owner of RE/MAX Properties, Inc..

“And when your buyers and sellers are pleased, they’re happy to refer you to their friends and family. In the world of real estate, a referral is the greatest compliment.”

The 2016 REAL Trends 500 survey ranked the largest U.S. brokerages by total 2015 residential transaction sides, with each required to have a minimum of 500 transactions sides last year to qualify. Based on the survey’s top 500 participating brokerages, RE/MAX calculated the highestranking 50 who averaged the most transaction sides per agent. Of those top 50 brokerages, an impressive 39 were affiliated with RE/MAX.

Ent mortgage lender named to 2016 Elite Women in Mortgage List Ent Credit Union is pleased to announce that mortgage loan officer Stephanie Dombrowski was recently named to Mortgage Professional America’s “2016 Elite Women” list.

The mortgage industry publication annually spotlights 100 women nationwide who “are shaping and changing the face of the mortgage industry.”

Dombrowski’s loan volume numbers have consistently earned her national recognition as a top producer.

This spring, Scotsman Guide listed her at number 256 on its “Top Dollar Volume” list and number 85 for “Most Loans Closed.” Additionally, National Mortgage News ranked her at number 87 in its “Top Producers” list for generating $85.8 million in

RE/MAX from 7

the Children’s Hospital of Colorado.

Daniel’s philosophy of running a successful business is based on a quote from Zig Zigler, “You can have everything in life you want if you’ll just help enough people get what they want.”

“This is the hub of all new residential development and we live in the area,” Daniels said.

He said right now it is a seller’s market in Colorado Springs based on several factors including a shortage of inventory, the immigration of the Hispanic community, the military population, several “Top 10” ratings for the area and the migration of Denver residents.

“We appreciate the business and without the community we wouldn’t be in business,” Daniels said.

He said with the new office he wants to raise the level of professionalism and run a business with real values that include serving the community. For the past 12 years his office has conducted a neighborhood garage sale that has raised money for

loan volume for 2015.

“Those numbers reflect a real passion for educating and helping our members, as well as having the support of a first rate mortgage loan processing and servicing team,” said Tony Sloan, Ent mortgage loan production manager.

LOCAL EXPERTS We have helped more than 1-million Colorado customers realize their real estate dreams.

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Colorado Springs Real Estate Journal

May 30, 2016

Honest Living AND Old Fashioned Values Colorado Comes Home to Banning Lewis Ranch.

Colorado Springs’ fastest selling master-planned community with amenities that the whole family can enjoy, including more than 50 acres of parks and trails!

6885 Vista Del Pico Blvd.

Colorado Springs, CO 80927 BanningLewisRanch.com

d.

Woodmen Rd. MarkSh eff el R

COME BY TODAY and FIND A NEW PLACE TO CALL HOME

Vista Cerro A ve.

See our newest collection of homes built by the region's finest builders.

JUNE 9th thru AUGUST 25th at BANNING LEWIS RANCH

f you love outdoor concerts, Banning Lewis Ranch is the place to be this summer! Join us on the 2nd and 4th Thursday in June, July, and August from 6pm to 8pm for a summer concert series like no other!

All concerts are held in the park outside the Banning Lewis Ranch House recreation center and open to the public.

Lawn chairs & picnic dinners are encouraged. Food trucks will also be onsite. No pets please.

JUNE 9 JUNE 23 JULY 14 JULY 28 For more information, contact the Banning Lewis Ranch AUGUST 11 House at (719) 522-2432 or visit BanningLewisRanch.com.

AUGUST 25 May 30, 2016

Colorado Springs Real Estate Journal www.csrej.com

9

Local News COLORADO SPRINGS AREA

Housing Stats Dashboard and Sales Analysis COMPILED AND ANALYZED BY:

FidelityAgent 3.0 REAL ESTATE’S #1 NET SHEET & CLOSING COST APP

Jay Gupta, BME MA MRE CRS CMRS SRES CDPE 2008 PPAR Chairman and 2010 REALTOR® of the Year CAR Research Committee Southeast Region Spokesperson With over 2-Billion in personal and managed sales Berkshire Hathaway Home Services Rocky Mountain, REALTORS® For comments & questions, please contact: JayKGupta@gmail.com www.ColoradoSpringsHomesAndStats.com

Housing Stats Dashboard

Single Family/Patio Homes Sold Through Pikes Peak MLS

Because the weekend is for selling.

When the week ends, your week begins. The weekends are “on” time for you and your business. When it’s the weekend or after hours, FidelityAgent 3.0 is there with you showing homes, on listing presentations or wherever the weekend may take you.           

24/7 Net Sheets Total Monthly Payment (PITI) Itemized Closing Cost Quick Estimate Rent vs Buy REFI Extra Payment Qualify CD Timelines (TRID) Sell to Net Loan Balance

Month / Year / Change % New Listings Active Listings Monthly Sales YTD Sales % of Active Listings Sold Monthly Sold Volume YTD Sold Volume Median Price Average Price % of List Price Received Average Days on Market Months' Supply % of Sold Listings … Sold in 0 to 30 Days … Sold in 31 to 60 Days … Sold in 61 to 90 Days … Sold in 91 to 120 Days … Sold in 121+ Days

April 2015 1,831 2,694 1,124 3,486 41.7% $298,760,181 $904,599,570 $235,000 $265,800 99.0% 90 2.4 months

April 2016 1,952 2,080 1,268 4,159 61.0% $348,562,753 $1,121,753,003 $248,050 $274,891 99.7% 36 1.6 months

26.2% 27.4% 14.9% 7.2% 23.5%

73.1% 9.4% 4.7% 3.1% 9.7%

Sales Analysis

Change 6.6% (22.8)% 12.8% 19.3% 19.3% 16.7% 24.0% 5.6% 3.4% 0.7% (60.0)% (33.3)% 46.9% (18.0)% (10.2)% (4.1)% (13.8)%

Single Family/Patio Homes Sold Through Pikes Peak MLS Month and Year

April 2015

April 2016

Price Range

www.fidelityagent.com

Under $199,999 $200,000 to $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 to $599,999 $600,000 to $799,999 $800,000 to $999,999 $1 million to $1,999,999 Over $2 million

32.2% 40.3% 16.3% 6.1% 2.3% 1.9% 0.6% 0.3% 0.0%

1.0 months 1.8 months 0.0 months 4.8 months 8.2 months 9.8 months 12.3 months 32.3 months Infinite months

26.3% 44.6% 16.5% 7.2% 2.8% 2.1% 0.4% 0.2% 0.0%

0.6 months 0.9 months 2.3 months 3.4 months 5.0 months 7.2 months 18.2 months 34.7 months Infinite months

Disclaimer: This representation is based in whole or in part on information from the Pikes Peak REALTOR® Services Corp. (“RSC”) or its PPMLS for the period of April 2015 and 2016. Content is deemed reliable; however, neither the RSC nor the PPMLS nor PPAR nor Jay Gupta guarantees or is in any way responsible for its accuracy. Data maintained

by RSC does not reflect all real estate activity in the market. © Copyright Jay Gupta. All rights reserved. Unauthorized reproduction is prohibited.

Observations and Remarks:

Choosing the right title company DOES make a difference!

Greg Fowler

Veronica Zak

719-425-7042 gfowler@fnf.com

719-602-0980 vzak@fnf.com

Colorado License Producer #390419

Colorado License Producer # 482555

Shirlee Dobbs

Rich Feasel

719-640-9454

719-565-7487

sdobbs@fnf.com

rfeasel@fnf.com

Colorado License Producer # 143745

Colorado License Producer #92937

Greg Wolff, NTP Vice President 719-459-9653 gwolff@fnf.com Colorado License Producer #11530

1277 Kelly Johnson Blvd., Suite 100 Colorado Springs, CO 80920 719-590-1711

10

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• Properties Under $400,000 – The exceptionally low inventory is providing a great opportunity to list and sell properties in this price range as there are plenty of buyers ready and willing to buy.

• Properties Between $400,000 to $600,000 – There is a great opportunity for buyers and sellers to buy and sell in this price range with a reasonably balanced supply and demand situation.

• Properties Over $600,000 – It is a great time for buyers to buy in this price range as there is a wide selection of properties to choose from and there are motivated sellers.

• Historically Low-Interest Rates – During the 2005 record-setting real estate market, the interest rates were

hovering around 6%. The current historically low-interest rates are providing financially qualified home buyers an incredibly affordable opportunity to stretch their buying power.

• A Comparison of April 2016 Sales Data with Previously Record Setting April 2005 – Listings are down by 48%. Months’ Supply is down at 1.6 months from 3.6 in 2005.

Sales are up by 14%. YTD Dollar Sales Volume is up by 28%. Average Sale Price is up by 15%. Median Sale Price is up by 27%.

• Note: Even in a hot real estate market with low inventory, not every property listed For Sale sells. Buyers generally buy realistically priced properties offering competitive values.

See Housing Stats | 11

Send us your PHOTOS!

josh@csrej.com

361 W. Highway 24, Suite 100 Woodland Park, CO 80863 719-687-3081

Colorado Springs Real Estate Journal

May 30, 2016

Local News

American Society of Home Inspectors

Five years running, Overhead Door awarded top garage door brand among women Once again, Overhead Door Corporation has earned the Women’s Choice Award by WomenCertified® for America’s Most Recommended Garage Door brand. This award designation is based on a national survey of women who were asked to select the brands they would most likely recommend to others.

According to the Harvard Business Review and the Continuum’s Women and Children Research group, female consumers represent a powerful economic demographic, controlling 65 percent, or approximately $20 trillion annually, in global spending and more than 80 percent of US spending. In addition, 92 percent of consumers rely on recommendations from friends or family over any other form of advertising, according to a recent Nielsen report.

“We are honored to be a trusted and recommended brand choice among women for the fifth year in a row and we do not take the recognition lightly,” said Dennis Stone, president and CEO of Overhead Door Corporation. “Year after year, our Overhead Door ribbon distributor family has provided the expert service and solutions to their customers that has helped us earn the Women’s Choice Award and I thank them for their partnership and commitment to the brand.”

The Women’s Choice Award has set the standard for assisting consumers in making informed purchases by identifying brands that are most recommended and trusted by women. Those that deliver a customer experience worthy of recommendation are selected to win a Women’s Choice Award.

“As a long-standing recipient of the Women’s Choice Award, Overhead Door consistently demonstrates their commitment to their customers. Their focus on excellence and superior service is recognized by women consumers nationwide,” said Delia Passi, founder of the Women’s Choice Award. “Earning the award year after year, Overhead Door is a true leader in their industry and we couldn’t be prouder to call them a partner.”

To learn more about Overhead Door and its residential products, and to find a local Overhead Door distributor, visit www.overheaddoor.com. Overhead Door Company of Colorado Springs is the only authorized distributor of Overhead Door manufactured products in the Pikes Peak region.

Housing Stats continued from 10 April 2016 Sales Analysis By MLS Areas Compiled by Jay Gupta

Single Family/ Patio Homes

MLS Area Black Forest Briargate Central East Fountain Valley Manitou Springs Marksheffel Northeast Northgate Northwest Old Colorado City Powers Southeast Southwest Tri‐Lakes Woodland Park

# of Months' # of Sales Median Average SP to Avg. Volume $ Price $ Price $ List DOM Active Sold Supply % Listings Listing All Real Estate Market Activity is "Local" 64 14 4.6 6,156,624 435,500 439,758 97.2 71 146 84 1.7 28,288,764 322,500 336,771 99.8 30 79 79 1.0 16,456,622 189,000 208,311 99.4 25 67 92 0.7 20,353,201 215,500 221,230 100.6 17 199 200 1.0 45,212,731 227,250 226,063 100.0 26 34 6 5.7 1,863,000 322,500 310,500 98.7 41 62 31 2.0 8,254,249 259,900 266,266 99.2 49 94 110 0.9 29,248,656 250,000 265,896 100.0 20 108 40 2.7 18,280,065 433,450 457,001 98.8 77 73 49 1.5 17,763,921 330,000 362,529 99.2 42 35 35 1.0 7,759,379 188,125 221,696 99.3 30 122 121 1.0 29,774,347 240,000 246,068 100.1 17 26 73 0.4 12,730,653 168,900 174,392 101.0 21 202 61 3.3 19,072,928 246,000 312,670 99.7 54 129 66 2.0 31,208,400 448,442 472,854 99.4 52 55 25 2.2 8,571,045 297,000 342,841 97.7 53

Disclaimer: This representation is based in whole or in part on information from the Pikes Peak REALTOR® Services Corp. (“RSC”) or its PPMLS for the period of April 2016. Content is deemed reliable; however, neither the RSC nor the PPMLS nor PPAR nor Jay Gupta guarantees or is in any way responsible for its accuracy. Data maintained by RSC does not reflect all real estate activity in the market. © Copyright Jay Gupta. All rights reserved.

gotnews? josh@csrej.com

May 30, 2016

America’s Oldest, Most Trusted Organization for Professional Home Inspectors

A certified ASHi Home inSpector possesses the skills, training, knowledge and experience to evaluate the overall condition of the biggest investment your client will ever make!

To find your inspector, log onto www.ASHI-SouthernColorado.org

The Genuine. The Original.

Overhead Door Company of Colorado Springs, Inc. The Genuine. The Original.

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Colorado Springs Real Estate Journal

www.csrej.com

11

It Takes Out The Trash.

It Shovels The Snow.

It Mows The Lawn.

Of Course It Sells Itself. ou know those clients who can’t quite get there? Who’ve never embraced the notion of being a “home body” and who somehow equate “settling in” with being “tied down?”

Well, guess what?

Estancia at Cordera is ready to win them over.

The young couple who spends their weekends in the mountains? Those empty nesters who fly off to visit the grandkids every holiday? Your busy business exec who wonders if it might make more sense just to live in an extended stay hotel until he retires?

We’ve got an eye-catching villa-style home to fit each of them.

You Do the Living, We’ll Do the Rest Estancia Is Easy Living...

Spacious villa-style ranch plans

Heated outdoor pool

Stucco & stone exteriors

Fitness facilities, meeting rooms

Snow removal Trash disposal

Nearby public golf courses, shopping & entertainment

Landscape maintenance Interconnected, landscaped community trails

OUTLOOK RIDGE TRAIL

Over 40 acres of open space Community center

Estancia at Cordera. It makes sense to people on the go, because it’s all about easy. Easy living at its simplest, finest, and most affordable.

CORDERA CREST AVE.

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Got hard-to-please homebuyers? Prospects you can’t seem to pin down? Bring them to Estancia.

Our easy living lifestyle all but sells itself.

4413 Portillo Place • Coloroado Springs, CO 80924 719-495-5996 • vantagehomescolorado.com

12

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Colorado Springs Real Estate Journal

May 30, 2016

On the Move Whitney Lewis Manitou Springs Real Estate

DeJonge, Quass, Easton, Lane RE/MAX Properties Matthew DeJonge is a newly licensed agent and chose RE/MAX Properties Inc., because of their excellent reputation Being a native of Colorado and living the majority of his young adult life in Colorado Springs has allowed Matthew the privilege of watching the city grow and expand into a vibrant community. Military life has been prevalent in Matthew’s personal life, so helping and guiding service families into quality housing is important to him.

Ami Quass moved to Colorado Springs 18 years ago and considers herself very privileged to live in such a beautiful area. In her opinion there is no better place to be.

Before starting her real estate career Ami helped run a high adventure camp. She also is involved in the restaurant scene here locally in the Springs.

Ami began her real estate career 10 years ago. In the beginning days of her career she started investing in and restoring historical homes in the downtown area. Ami really enjoys not only learning about the investment side of real estate but also the design aspect.

Maggie Easton graduated from Iowa State University with a B.S. in Civil Engineering. She worked as a Civil Engineer for ten years but always had an interest in real estate.

Maggie became a licensed real estate agent in 2006.

Maggie loves the real estate industry and enjoys helping buyers and sellers with their real estate transactions. She has a passion for home staging and earned her ASP designation in 2011.

Kim Lane has been in the real estate industry since 2000. Kim is committed to working with buyers and sellers on a one to one basis to give them the personal attention that builds lasting relationships.

Kim chose RE/MAX Properties, Inc. because she always heard great things about their agents and the culture. When it was time for her to make a change in her real estate career, her decision was easy.

RE/MAX Properties, Inc. is excited to see what the future has in store for these agents and warmly welcomes them to the team!

May 30, 2016

Manitou Springs Real Estate is thrilled to announce our newest agent, Whitney Lewis.

Whitney was born and raised in Manitou Springs, she then moved to the Cheyenne Mountain area of Colorado Springs. She currently resides in Gleneagle. She is knowledgeable in and serves the entire Pikes Peak region. Whitney has a Bachelor's of Business Administration form Colorado Mesa University with concentrations in Entrepreneurship and Management. She has a passion for all things small-business and a strong desire to help people. She sees real estate as the culmination of both.

She began her career in real estate during college as a Realtor's assistant. Whitney enjoys spending time with her young son Branson, as well as hiking and indoor rock climbing.

Seale, Lydon, Crane, Peacock Buy Sell Impact - Pikes Peak Buy Sell Impact – Pikes Peak proudly welcomes Bryan Seale, Paula Lydon, Marla Crane and Gary Peacock! Buy Sell Impact – Pikes Peak is a new residential real estate brokerage in the Pikes Peak region.

A group of local non-profit agencies have partnered to create a full-service, independent real estate brokerage where 100% of the net profit is used to support their missions in our community!

Bryan Seale is the Employing Broker for Buy Sell Impact - Pikes Peak. Bryan served 25 years in the United States Coast Guard, then began a successful real estate career in 2007. Bryan has been consistently recognized for his sales performance.

Bryan holds several real estate designations including Graduate, REALTOR Institute, Short Sale and Foreclosure Resource, and Relocation Specialist. Bryan has rehabbed several houses and has owned several investment properties. His passion for this community is very evident in his continual participation in numerous local human services nonprofit organizations.

Paula Lydon is the Managing Broker for Buy Sell Impact - Pikes Peak. She is a Colorado Springs na-

tive. Paula began her real estate career working for her family-owned residential custom and semi-custom construction company. Paula spent several years as a Specialist with the City's Office of Economic Development assisting local businesses expand and build. Paula rehabs houses and became a licensed REALTOR in 2005. She has taught in the Real Estate licensing program at Pikes Peak Community College. Paula holds several real estate designations including Graduate REALTOR Institute, Short Sale and Foreclosure Resource, and Certified Negotiation Expert. Paula has earned a Master’s Degree in Business focusing on Market Strategy.

Marla Crane is an Associate Broker with Buy Sell Impact - Pikes Peak. Marla moved to Colorado Springs with her husband over 25 years ago from northeastern Oklahoma. She quickly became involved in the community as a volunteer and started a skin care business in the downtown Colorado Springs area.

She believes that owning a small business gave her many of the skills it takes to be a good REALTOR. It's important to have strong communication skills when helping someone find their dream home. She and her husband with their dog Princess are often seen enjoying our beautiful downtown or hiking the many trails around the city. Marla believes in a strong work ethic and has a passion for family and community.

Gary Peacock is an Associate Broker with Buy Sell Impact - Pikes Peak. Gary recently retired after 41 years in the retail industry, the last 24 here in Colorado and the Colorado Springs area! Gary is anxious to start a new career with Buy Sell Impact - Pikes Peak. Gary is well known in the community and with his work with several non-profits in the area. His passion for the community and the mission of Buy Sell Impact - Pikes Peak are a perfect fit. He has his Business Administration Degree from the University of Kansas.

Oswald, Wagner, Blevins Keller Williams Partners Nicole Oswald: With 16 years of Real Estate and Property Management experience behind her, Nicole has become a member of the KW Partners family to work with a team to help clients to the best of her ability. She hopes to grow her wealth and knowledge and share it with the KW Partners family and to those who need her help! She loves being out-

doors hiking, biking or camping and loves to paint with oil-based paints and spending time having fun with her 2 young children!

Debra Wagner is a native of Illinois and has only lived in the Springs with her husband, Chris, and two daughters, Lauren and Mehan, a short while. She is an avid runner and loves participating in Triathlons.

Her determination and passion to help people achieve their dreams of home ownership, and of course the gorgeous scenery, is what brought her to Colorado Springs and to our Keller Williams family and we’re happy to have her!

Justin Blevins has lived in Colorado Springs for 15 years! Justin is brand new to real estate and to Keller Williams! He is a black belt in Karate, an Eagle Scout and enjoys snowboarding and camping! He hopes to be successful in real estate to make him financially successful and to help care and support his family!

Cafasso, Robinson, Mast RE/MAX Millennium RE/MAX Millennium is excited to welcome John Cafasso, Aaron Robinson, and Ron Mast to our brokerage!

John Cafasso is originally from Massachusetts, but has been a resident of Colorado Springs since 1996. As a seasoned agent, serving both buyers and sellers in the Pikes Peak Region full time since 2000, he looks forward to joining the new RE/MAX Millennium in Colorado Springs to continue his career and build on the success of Broker/ Owner, Jason Daniels.

Aaron Robinson is a native of Colorado Springs with a humorous and light hearted disposition. He is an avid rock climber, adores his beautiful family (wife of 14 years and four gorgeous children), and is a dedicated man of faith. He loves to help people make dreams a reality and journey with people to find their safe havens of rest--their homes.

Ron Mast relocated to Colorado Springs in the mid 1990’s because he felt that this was the best place to raise a young family. He and his wife have four children and are heavily involved in the community. He has been recognized as Realtor of the Year by the Colorado Springs Home Builders Association 4 times and has received many other industry and RE/MAX awards.

Someone new in the office? josh@csrej.com

Colorado Springs Real Estate Journal www.csrej.com

13

Local Expert

The Sweet Spot In a number of cities across this great land, there is a sweet spot, and it’s likely a bakery or a candy shop. But in our own community, the sweet spot is our real estate market, and it might even by your own residence specifically.

In April 2016, there were 1,268 home sales recorded through By Michael Podoyak Empire Title the Pikes Peak Multiple Listing Service, which was the highest — number of sales in our area since 1,383 last August. The median sales price last month hit $248,050 – the highest since it hit $250,000 last June and the second highest of all time in our market. Sweet!

Empire Title of Colorado Springs

5755 Mark Dabling Blvd., Ste 110, Colorado Springs, CO 80919 Phone: (719) 884-5300 - Fax: (719) 884-5304

www.etcos.com

Empire Title of Woodland Park

Median Sales Price $270,000

$ 248,050 $250,000

$230,000

350 N. Pine St., Woodland Park, CO 80863 P.O. Box 9004, Woodland Park, CO 80866 Phone: (719) 686-9888 - Fax: (719) 686-8208

www.empirewp.com

$210,000

$190,000

$170,000

$150,000 Feb-16 Nov-15 Aug-15 May-15 Feb-15 Nov-14 Aug-14 May-14 Feb-14 Nov-13 Aug-13 May-13 Feb-13 Nov-12 Aug-12 May-12 Feb-12 Nov-11 Aug-11 May-11 Feb-11 Nov-10 Aug-10 May-10 Feb-10 Nov-09 Aug-09 May-09 Feb-09 Nov-08 Aug-08 May-08 Feb-08 Nov-07 Aug-07 May-07 Feb-07 Nov-06 Aug-06 May-06 Feb-06 Nov-05 Aug-05 May-05 Feb-05 Nov-04 Aug-04 May-04 Feb-04 Nov-03 Aug-03 May-03

We at Empire Title are extremely honored and grateful to have been voted the Gold Winner by the Readers of the Colorado Springs Gazette as the best title company in the Pikes Peak Region - for the fourth consecutive year!

Thank you for your trust and loyalty in making Empire Title the #1 title provider in the region.

Of course, we are in this spot at least partly due to the limited number of active listings on the market. In April there were only 2,080 – the fourth fewest in well over a decade. But that number has started to creep up from its low point in February. The inventory in number of months hit 1.79 in April; that too has risen from its low in February. On average, houses sold last month had spent just 36 days on the market. That’s just 36 times longer than it takes me to finish off a tray of brownies.

So what would be the sweet spot of homes sold in the Pikes Peak region?

It would appear to be those properties priced between $200K-$400K, where more than half of the sales occurred in April and year-to-date. Frankly, it likely would have included lower-priced housing as well if there was more of that to find in our market.

Percentage of Sales by Price April 2016 25.0%

20.0%

Of course, we realize it truly is our Clientele that is the real #1!

15.0%

10.0%

5.0%

0.0%

L to R: Michael Podoyak, Lori Wollaston, Maureen Greenhalgh, Aimee Daugherty, Doreen Hussmann & Bill McAfee

Please contact us to assist you with your Title, Escrow, Short Sale and Marketing needs.

WE DON’T SUCCEED UNLESS YOU DO!

14

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The term “sweet spot” is also described as a place where a combination of factors results in the greatest response for a given amount of effort. That certainly sounds like our present real estate situation. In sports, the sweet spot is the location at which an object absorbs the maximum amount of forward momentum creating a rebound with even greater velocity. That sounds an awful lot like our current real estate market as well. Trulia ranks Colorado Springs 7th out of the 100 fastest selling cities in the U.S., and the National Association of Realtors says our city ranks 12th out of the 20 hottest markets in the nation – so that’s a pretty sweet spot to be in. And the sweetest spot for most area home owners might be the ability to sell their property for more now than they ever could before. Doesn’t that just make your mouth water?!

"Like" us on facebook.com/csrej

Colorado Springs Real Estate Journal

May 30, 2016

Around the Corner Wednesday, June 1 Ignite Your Career - 10 CE Credits (Free) Contact Rebecca Ball at Keller Williams Partners Realty with questions 719-492-1056

YPN (Young Professionals Network of REALTORS) 3pm-4pm Meeting @ PPAR (board room) 4pm-6pm Social @ Red Martini (downtown) Michele VanMetre: 633-7718 mvanmetre@ppar.org

Thursday, June 2 B.L.E.E.P. (Black Forest & Eastern Marketing Group) 8:30am-10am @ The Grill at Latigo Trail Equestrian Center. Roxene, 495-6213

Selling High-Performance Homes 10am-12pm @ Empire Title rsvp@etcos.com 719-884-5300

Monday, June 6 HBA PAC Golf Tournament 11am-8pm @ Kissing Camels Gof Course www.cshba.com Tuesday, June 7 Working with the VA Home Buyer 9am-12pm @ Legacy Title asalladay@legacytitle-llc.com Business Connect 11:30am-1pm @ Paninos 719.471.8183 info@csrba.com

Wednesday, June 22 Wet Wednesday - Lunch & Learn Temporary Best Management Practices 11:30am-1pm @ HBA www.cshba.com

See Cherry Creek Mortgage offer lending advise on Lifetime's Designing Spaces Military Makeover. Check local listings.

(Reairing on June 16th)

2016 Real Estate Contract 9am-1pm @ Empire Title rsvp@etcos.com 719-884-5300

Wednesday, June 15 Intro to Title and Escrow 9am-11am @ Legacy Title asalladay@legacytitle-llc.com

Thursday, June 23 eContracts – Advanced 10am-12pm @ Empire Title rsvp@etcos.com 719-884-5300

Thursday, June 16 Annual Commission Update 9am-1pm @ Empire Title rsvp@etcos.com 719-884-5300

Friday, June 24 2016 Mandatory Commission Update Class 9am-1pm @ Legacy Title asalladay@legacytitle-llc.com

2016 Mortgage Loan Originator Update 8am-4pm @ Legacy Title asalladay@legacytitle-llc.com

Thursday, June 9 Farm and Land 8:30am @ The Egg and I - Chapel Hills Charlie Triplett: 719-896-1777 Women’s Council of Realtors Luncheon 11am-1pm @ Hotel Eleganté 719-633-7718 Ext. 110 llittlefield@ppar.org

Monday, June 20 Line By Line Contract 1pm-4pm @ Legacy Title asalladay@legacytitle-llc.com

Business Connect 11:30am-1pm @ Jack Quinn Irish Ale House 719.471.8183 info@csrba.com

Sat, Sun, June 25, 26 Purely Ponds Parade of Ponds 9am-5pm @ Various Locations www.purelyponds.com

Events subject to change. Due to space, please check with event/class holders early for more detailed information on cost, CE credits, sponsors and registration dates.

UPCOMING DEADLINES Deadline

Distribution

Jun 16, 2016

Jun 27, 2016

Jul 14, 2016

Jul 25, 2016

Aug 18, 2016

Aug 29, 2016

Sep 15, 2016

Sep 26, 2016

Oct 20, 2016

Oct 31, 2016

Nov 17, 2016

Nov 28, 2016

Dec 15, 2016

Dec 30, 2016

send

us your

event

info

josh@csrej.com

Campbell Homes Announces

NEW NEIGHBORHOODS Convenient Locations. Great Views!

Village Center at Woodmoor

Quail Brush Creek

Located off I-25 and Hwy 105 in Monument

Located near Black Forest Road & Woodmen Road

Model opening August 2016 at: 17942 Gypsum Canyon Court, Monument Fully Finished Basements • Ranch & Two-Story Homes Granite, Hardwood Floors & More From the low $300’s 719.494.8010 or monument@campbellhomes.com

Model opening July 2016 at: 7045 Thorn Brush Way, Colorado Springs Fully Finished Basements • Ranch & Two-Story Homes Full Fencing & Landscaping Included From the low $300’s 719.344.5758 or quailbrush@campbellhomes.com

For more information on our new locations, please visit our model in Monument at: 16749 Buffalo Valley Path or check out our website at www.campbellhomes.com

May 30, 2016

Colorado Springs Real Estate Journal

www.csrej.com

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Colorado Springs