Quotes from past Olympians:
“Whatever you’re fighting for, you go with full passion and love.”
Michelle Kwan
“If you dream and allow yourself to dream, you can do anything.”
Clara Hughes
“If I have given my all and still do not win, I haven’t lost. Others might remember the winning or losing; I remember the journey.”
Apolo Anton Ohno
“To uncover your true potential, you must first find your own limits and then have the courage to blow past them.”
Picabo Street
“You take a crash, you get back up, and next time you succeed – and that’s a great feeling.”
Shawn White
Move Faster
I hope you are enjoying the Winter Olympics! It’s amazing to see all the world’s top athletes compete. Even the curling, which I still don’t understand, is fun to watch. I’m on the edge of my seat every time a skier flies down the hill going 60-90 mph. One wrong move and it’s all over. Lindsy Vohn went down, which is unfortunate, but she was there doing what she loves. I think she’s amazing. No matter the sport, the enthusiasm and excitement the announcers have is fantastic. I love to hear them scream when things go right and the disappointment in their voices when an athlete does not perform to their ability. I will continue to watch and be inspired by all of the athletes competing.
Rental Market
The rental market is warm just like the weather this week. Our vacancy rate is under 1%. I’ll take that any time! We are constantly getting calls from owners who are interested in us managing their rental properties. One of the main reasons for this is all the laws and regulations that have been put in place regulating landlords and giving tenants more and more rights. It is extremely hard to keep up with the ever changing legislation, and most individual landlords don’t have the time or connections to keep abreast of the changes. The National Association of Realtors expects the rental market to be similar to last year, with rents for single-family homes being steady, which I agree should hold true for the Colorado Springs market.
Sales Market
The Colorado Springs sales market is starting to move. There were fewer than 800 homes sold in January, which means December was very slow in terms of sales activity and homes going under contract. Remember, a home will close or be sold generally 30 days after it goes under contract. So, January’s numbers are a reflection of December’s activity. In speaking with colleagues, Colorado Springs has seen an uptick in buyer viewings but no rush to put in offers. Interest rates are in the low 6’s and are expected to stay in that range. We are excited that a current resident will be purchasing the place she has called home for 10 years later this month!
If you are interested in purchasing a home or a rental, we have a number of placing coming on the market this year. Buying a home that we’ve been managing can be beneficial as the property is known and we have some maintenance knowledge. Currently, the following properties are expected to be on the sales market shortly:
Single-family home 3 bed, 1 ba, 1 car garage
Single-family home 4 bed, 3 ba, 3 car garage
Single-family townhome 2 bed, 1.5 ba, carport
Duplex with 2 bed, 2 ba units with detached shared garage
4 individual little homes on one lot in Manitou Springs
If you are interested in getting more information on any of these or others that will be sold this year, let me know. I can get you more information as it becomes available.
If you have any questions regarding the sales market, let me know, I am happy to go over the sales data and process with you. Rob@MileStoneRES.com
Caution!
Top scans according to AARP:
Unclaimed Relief Check
Employment Scams
Recovery Scams – help you get your money back after being scammed
Digital Arrest
“Hello Pervert” Scams
Romance Scams
The ones I am seeing locally are:
The unpaid Toll Fee Scam
The Package Confirmation Scam
The Failure to attend Jury Duty Scam
You may not be susceptible to these but others in your family may be, please mention these to those who might be vulnerable. (which is everybody)
Happy Valentines!
