Market Watch Colorado Springs Real Estate, Aug. 2023

Barb’s 1 Minute MarketWatch Update

I don’t believe Front Range area markets are crashing, they’re probably stagnating. That’s because the interest rates are high! Most interest rates for a 30-year fixed are about 7.5%. There are still a lot of home sales going on, just not as many during the boom.

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Market Summary Report from Realtor® Services Corp.


Feature neighborhood: Discovering Briargate, Family-Friendly Charm Meets Scenic Splendor in Colorado Springs

Nestled to the north of downtown Colorado Springs and south of Northgate, Briargate has risen as an up-and-coming neighborhood that draws in young families seeking a perfect blend of convenience, natural beauty, and excellent educational opportunities. This master-planned community offers stunning views of the Rocky Mountains, including the iconic Pikes Peak, creating an idyllic backdrop for its charming neighborhoods. One of the neighborhood’s crown jewels is the ranch-themed John Venezia Community Park, providing lush green spaces and a hub for outdoor activities.

For those with an inclination for shopping and community engagement, Briargate doesn’t disappoint. The southeastern edge of Briargate is home to the well-frequented Chapel Hills Mall, a retail paradise boasting a variety of shops and boutiques. And for enthusiasts of locally sourced goods, the summer farmers’ market offers a delightful culinary adventure. Embracing a low-key, friendly atmosphere, Briargate’s culinary landscape features a diverse array of global eateries, adding to the neighborhood’s rich tapestry.

Briargate’s allure extends beyond its aesthetic appeal, showcasing a range of housing options that cater to various needs. First established in theearly 1980s, the community presents a mix of architectural styles, with single-family homes featuring 2 to 3-car garages, 2,300 to 4,000 square feet of living space, and 3-5 bedrooms. Additionally, newer developments like Cordera, Wolf Ranch, and Pine Creek offer modern layouts and amenities for contemporary living.

In terms of education, Briargate stands out as a hub for nurturing young minds. Families are drawn to the neighborhood for its strong focus on providing exceptional educational opportunities for children. The acclaimed D20 Academy School District, known for its top-notch academic progress and impressive test scores, envelops many homes within the community.

Beyond education, Briargate offers a host of recreational opportunities. Miles of trails wind through the area, making it a haven for outdoor enthusiasts. John Venezia Park, a recent addition, provides a haven for families with tennis courts, sports fields, a water park, and breathtaking vistas that capture the essence of Colorado’s natural beauty.

Briargate’s allure is rooted in its convenience, community spirit, and a deep connection to the Colorado landscape. With its array of amenities, family-friendly focus, and proximity to both urban conveniences and outdoor adventures, Briargate has established itself as a premier destination for those seeking a harmonious blend of modern living and picturesque surroundings. Whether it’s the striking mountain views, the welcoming neighborhoods, or the promise of a vibrant community, Briargate has something to offer for everyone.

Your Home Sold at a Price Acceptable to You -Guaranteed – Or We’ll Buy it for Cash!*

While many agents will promise to sell your home, the reality is this doesn’t always happen. Even if the home does eventually sell, the home seller, many times, ends up with a selling price for less than they wanted.

Our exclusive Guaranteed Sale Program solves this problem for home sellers. This program guarantees, upfront and in writing, the sale of your home, at a price agreeable to you. In the unlikely event your home doesn’t sell within the agreed upon time frame, we will buy it! *Conditions apply.

Find out What Your Home is Really Worth

FREE Home Evaluation!

Knowing what your home is worth is important information to have if you are thinking of selling your home. In fact, your home may be worth much more than you think. Industry studies show that we sell homes for MORE than the average agent in the marketplace.

Our Thanksgiving Pie 2023 Giveaway is limited and won by chance. Anyone can enter, only so many will win! Stay tuned for more details. *No purchase necessary. You can enter the sweepstakes without buying a product or service. You must be 21 years old to be considered. Winners are required to pay taxes on prizes they win.

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