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Jason Daniels

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Displaying blog entries 1-10 of 96

Looking for Your Next Favorite Hiking Spot in Town?

by Jason Daniels

Colorado Springs has some great options for hiking, so today I wanted to tell you about some of our favorites.
 
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Now that we're in the heart of summertime, I wanted to provide a list of some of the best hiking spots here in Colorado Springs.

First, there's Garden of the Gods off 30th St., which has lots of great hiking trails and rock formations to check out. Down in that same region, you've got Red Rock Canyon Park, which has five miles of hiking.

Palmer Park is located centrally in town with five square miles of hiking space. If you're looking for waterfalls, look no further than St. Mary's Falls and Helen Hunt Falls. These two are especially great to check out in the summer.

"The Paint Mines make for a great change of scenery."
If you're looking for a challenge, check out the Manitou Incline, which is basically one mile of stairs straight up. We have people come from all over the country to try their hand at the Manitou Incline.


Just east of town, the Paint Mines are a nice change of scenery. It's filled with beautiful orange, yellow, and red rocks.

These are just a few of our favorite spots, so if you're interested in more locations or buying a home here in Colorado Springs, just give us a call or send us an email soon. We'd love to help!

 

Why Rent When You Can Buy?

by Jason Daniels

Making the leap from renter to homeowner isn’t as treacherous as you think. Homeownership offers many benefits that renting doesn’t.

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Why buy instead of rent? Here are a few facts that demonstrate why it’s much wiser to buy and own your own home. 

First, rent prices in Colorado Springs rose more than 11% in 2016 and continue to rise in 2017. In fact, the latest Colorado Springs Gazette article states that prices have risen 10.5% in the first quarter alone. The average rent for an apartment is slightly more than $1,100 per month, while the average mortgage payment for a house is also $1,100.

When you own a home, you have more freedom to do what you want. There are also considerable financial gains to owning a home. For example, you will get a tax benefit for your mortgage interest deduction, and your mortgage payment will stay the same over a long period of time instead of rise as rents are prone to do. 

"Wouldn’t you rather own a home with your own yard instead of rent an apartment?"

Lastly, studies have shown that the average homeowner is worth 45 times more than the average renter. The only caveat to purchasing a home is you must make sure you will live in that home for at least three to five years so the purchase makes sense.

Why not get started by building equity in your home and building your wealth?

If you have any questions about the benefits of owning a home or you’re thinking about buying or selling a home, don’t hesitate to reach out to me. I look forward to speaking with you. ‚Äč

Where Is the Market Headed for 2017?

by Jason Daniels

Where is the Colorado Springs real estate market headed in the next 12 to 18 months? We’ve got your market update.

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Where is the real estate market headed in Colorado Springs?

Currently, the market is red hot. Year to date, from 2016 to 2017 the average sales price for the first quarter is up 11.7%. The median sales price is up 10% to $275,000, and the sale of residential units is up 2.2%.

Inventory levels are down 34.9% and the number of listings is down 26.6%. The number of foreclosures is also down 31.9%. 

The average number of days that homes are staying on the market is around 36 days, and interest rates are up to 4.1%. With all of this in mind, the $400,000 or lower price range is a seller’s market. We should see that continue to be a trend for the next 12 to 18 months, so if you’re looking to sell, now is a good time.

"Prices will most likely continue to rise for the next 12 to 18 months, and we’re going to see 6% to 7% appreciation per year."

In the $500,000 price range, we’re experiencing more of a balanced market, and it’s still a buyer’s market in the $1 million price range.

Prices will most likely continue to rise for the next 12 to 18 months, and we’re going to see 6% to 7% appreciation per year. In fact, in the last 12 months we’ve seen homes appreciate at about 1% per month, so we’re most likely going to see appreciation follow the same trend.

If you have any other questions, want to know what your home is worth, or are looking at buying a home, please don’t hesitate to give us a call. We’d love to help you!

Why Sarah Thinks Jason Daniels & Associates is Exceptional

by Jason Daniels

"I've sold two houses with Jason Daniels. I'll say that Jason and his team are exceptional, and I don't use that word lightly because I've sold two houses with Jason and there's a reason I came back to working with him. Not only did our house sell fast, it sold for the right price, we never had to reduce price, we never had to go up in price. I'd sold houses with other Realtors before so I had an idea of what was supposed to happen but what I was really impressed with, with Jason is that his negotiating skills are excellent and I'd never had any Realtor that I'd worked with before, I'm military, I've moved many times, bought and sold several houses, and no one has ever really taken the initiative to negotiate for things I didn't ask for. I really felt like I walked out with the best deal I possibly could have had. Jason Daniels, you definitely want him on your team!"

 

Why Sandra Recommends Jason Daniels & Associates to her Friends

by Jason Daniels

“We got great results, we found a beautiful house and we’re very pleased with it, been in it several months now. And just very happy with Jason and his team. We worked with a team member, Jonathan, and he was always available and would respond very quickly to text messages or phone messages and I really appreciated that. We would use them again and recommend them to our friends. They’re a great team to work with.”

Four Ways to Avoid Headaches When Buying and Building a New Home

by Jason Daniels

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When buying or building a new home, many things can go wrong. In order to help you avoid a catastrophe when making your move, here are the top four things you need to keep in mind:

1. Make sure you have representation. When you walk in to the builder's model home, the sales agents inside work directly for the builder and their job is to protect the builder's interest, not yours. When you have a Realtor represent you, they can help you negotiate the best deal and the best possible terms, they can help monitor the process, and can help you by serving as an extra set of eyes looking for mistakes in the transaction.

2. Don't over upgrade for the neighborhood you're purchasing in. The sales agents in home improvement stores and model homes are based on bonuses and commissions, so they are not looking out for your best interest. You need to avoid over upgrading for the neighborhood you're in, as you may be unable to make that money back. 

3. Check on the progress. You don't want to get in the way of the contractor or the home builder, but it's nice to know what's going on at the job site. When you work with us, we'll drop by the job site to talk to the buyer about how progress is coming along. You want to make sure you're comfortable with your choices before the process is too far along to change them affordably. 

4. Make a list and submit it to the contractor within 12 months. You need to get this list to the builder in writing before the 12-month period is up because there are some builders in town who will not help you after that first year has passed. 

"We have a lot of experience with newer builds and would love to make the process go as smoothly as possible."

If you have any questions about buying a new property, especially if it's new construction, please don't hesitate to reach out to us. We have a lot of experience in newer builds and would love to make the process go as smoothly as possible! We hope to hear from you soon!

Colorado Springs Homes and Blind Dates

by Jason Daniels

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What do listing your home for sale and going on a blind date have in common?

Buyers often want to know if they have to change out the green shag carpet in their living room, or if they really need to paint over that Scooby Doo mural in their kid’s room.

Of course you have to! Let's treat it like a blind date analogy. You go on a blind date, and the guy runs in wearing shorts and a sweatshirt, he's dripping sweat, and he's 20 minutes late because he was at the gym with the guys. He promises next time he'll be on time, wearing his best shirt and tie, and will look great, because he cleans up great.

What are the chances that you give that gentleman a second date? Probably zero!

"If your house is not presentable, buyers won't give it a second glance."

It's the same thing when a buyer comes into your home. If the house is not presentable, they're not going to give you a second chance. About half of those buyers are just going to go away. Half may be interested, but they will look at things like paint, dirty carpet, and water marks on the ceilings. They all need to be addressed, because if they see something that needs to be repaired, they'll double the cost in their mind. If the carpet is a $3,000 fix, for example, buyers will see it as a $6,000 fix, and will make a lower offer or make more demands.

To sell homes, we stage the home and hire a professional photographer. Make sure the Realtor you use provides staging tips and the photography to make your home shine. For more advice or answers to any questions about buying or selling a home in Colorado Springs, please don't hesitate to call me!

What You Can Do if Your Appraisal Comes Back Low

by Jason Daniels

If the home you’re selling doesn’t appraise, is the deal dead? Today I’d like to break down the options you have as a seller in the event of a low appraisal.

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What should you do if the appraisal on the home you’re selling comes back low? Don’t panic; your deal isn’t dead. You’ve got four basic options:

1. Ask the buyer to pay the difference in the sale price and the appraisal price in cash, or lower any concessions previously negotiated in the offer to make up that difference.

 

2. Meet the buyer somewhere in the middle to try and keep the deal alive, depending on the gap in the difference.
 

3. Reduce the price to the appraised value. This course of action is most commonly taken by inexperienced agents, and is usually my least favorite option. Unless the buyer is absolutely refusing to negotiate with you, this should be a last resort.
 

4. Challenge the appraisal. This is my favorite option, and one that only experienced agents will be familiar with. A Realtor or real estate attorney can actually reach out to the appraiser to find out from the appraiser’s perspective why the number came in low. In order to challenge an appraisal, we’ll first have to find out whether the appraisal was done properly and determine if the appraiser missed any features or details of the home.

"An experienced Realtor can help you challenge an appraisal."

In order to minimize your chances of receiving a low appraisal, you’ll want to take some steps to prepare your home before the appraiser comes out to look at it.

You’ll first want to make a list of all of the upgrades, improvements, and renovations on the home, as well as the cost of each. Give that list to your Realtor so that they can point these out to the appraiser.

Secondly, you’ll want your Realtor to meet the appraiser at the property or, at minimum, send the appraiser comparable sales in the neighborhood before they arrive.

Finally, even though your home is already under contract, you’ll still want to have your home in showroom condition for the appraiser.

If you have any questions about low appraisals or the appraisal process in general, feel free to give me a call or send me an email. I’d be happy to help you!

Are Zestimates Accurate?

by Jason Daniels

Can you trust Zillow to calculate your home value? Unfortunately, Zillow’s Zestimates are often inaccurate.

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How accurate is Zillow's Zestimate? Unfortunately, they are not very reliable when it comes to calculating home values.

In fact, Zillow’s own CEO sold his home earlier this year for 40% less than what his Zestimate said his home was worth. That is a very sizeable gap!

Generally speaking, Zestimates are off by at least 10% (give or take) across the United States. Some Zestimates might not be very far off, while others are completely wrong. Ultimately, Zillow’s Zestimates are a good tool for finding a ballpark figure rather than an exact value.

"Zillow has no way of knowing what condition your home is in."

There are many factors that Zillow cannot take into account when calculating home values. For example, Zillow doesn’t know if you have a view of the mountains. Zillow doesn’t know where your house is located in your neighborhood, whether it opens up to a green space or parking lot, or how much acreage you have. Zillow also cannot see any updates you have made to your home.

Zillow is often inaccurate because the algorithm it uses to calculate its Zestimates is tied to the county assessor's office. The value the county assessor has for your home is often outdated by 18 months and is usually not an accurate representation of what your home is worth in the current market.

Zillow might be a good place to start researching your home value, but you shouldn’t make any major decisions based on the Zestimates. If you have any questions about what your home is really worth in today’s market, give me a call or send me an email. I would be happy to help you!

Garden Of The Gods

by Kelly Hyatt

Rated the number 1 park in the U.S. and the number 2 park in the world by tripadvisor.com in 2014, Garden of the Gods is one place you don't want to miss out on while in Colorado Springs. The park is open year round with hours depending on the season, and the best part...it is FREE! There is something for everyone to enjoy at Garden of the Gods with various activities to help you explore the park inside and out.

There is a free visitor and nature center to teach you all about the amazing history of the park and what it has to offer, easy hiking trails, biking, horseback riding, free 30 minute guided tours at 10 am and 2 pm every day, technical rock climbing, places to have picnics, or if you just want to take a nice drive through the park you can do that too. The main trail through the park is paved and is wheelchair-accessible, dogs are permitted throughout the park as long as they are on a leash, unless in the designated areas either south of Gateway Road or Rock Ledge Ranch. Garden of the Gods is also a great place to see wildlife and take gorgeous photographs.

When you visit Garden of the Gods, be sure to look for the stunning Balanced Rock, Tower of Babel, Gateway Rock, Three Graces, Cathedral Valley, and of course the Kissing Camels! 

For more information go to: http://www.gardenofgods.com/home/index.cfm

 

Displaying blog entries 1-10 of 96

Contact Information

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Jason Daniels & Associates
Jason Daniels & Associates at RE/MAX Millennium
9362 Grand Cordera Pkwy Suite 100
Colorado Springs CO 80924
(719) 966-1500
(888) 351-1099