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Nicole Strom's Blog

Posted on 12/07/2024
A Super Interesting & Unique Case for Possible Lower Rates in 2025!
If you're considering buying or selling a home, the predictions and trends outlined by financial experts like Morgan Stanley may have a significant impact. While there’s a lot of excitement about where rates might be headed, let me share a balanced perspective to help you plan wisely. For Buyers Lower Mortgage Rates Could Be AheadFinancial experts predict the...
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Posted on 12/07/2024
Are Homes in Colorado Springs Selling at Their List Price? What You Need to Know
The Colorado Springs real estate market has seen interesting trends in how homes are priced and sold. If you're buying or selling a home in this area, it's essential to understand how close final sale prices are to the original list price. Current Market Data In Colorado Springs, approximately 27% of homes sell at their list price. This...
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Posted on 12/07/2024
2025 Housing Perspectives: What Buyers and Sellers Should Expect in Colorado Springs
The 2025 housing market is shaping up to be the most buyer-friendly since 2016, according to Realtor.com. While high home prices and mortgage rates continue to present challenges, increased inventory and a balanced market environment are creating opportunities for both buyers and sellers. For those in Colorado Springs, understanding these trends is essential to navigating the real estate...
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Posted on 12/06/2024
Home Price Trends 2025: What to Expect
The 2025 housing market is shaping up to be one of change and opportunity. Realtor.com projects a 3.7% increase in home prices this year, signaling a continued upward trend despite evolving market conditions. This follows 2024’s unexpected price growth, which occurred despite rising inventory and persistently high mortgage rates. Let’s dive into what’s driving these trends and what...
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Posted on 12/06/2024
Military Relocation Made Easy: Unlocking the Best Resources for Veterans Moving to Colorado Springs
Fort Carson Base Guide Blog Post Title: Your Essential Guide to Fort Carson: Living, Working, and ThrivingBlog Post: Fort Carson, also known as "The Mountain Post," is more than just a military installation—it’s a vibrant community filled with opportunities and resources for military families. Situated at the base of the Rocky Mountains, living near Fort Carson offers a...
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Posted on 12/05/2024
Woodland Park, CO Real Estate Market Update 12/5/2024
Click here to view Woodland Park, CO blog post which has information on the constantly changing market...
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Posted on 12/03/2024
What Sellers Need to Know About the NAR Settlement and Buyer Agent Compensation
The NAR settlement has introduced significant changes to how real estate transactions are structured, particularly regarding buyer agent compensation. While the focus often falls on buyers, these changes have important implications for sellers, especially in competitive markets like Colorado Springs. Here’s what you need to know and how it impacts you as a seller. No More Advertised Cooperative...
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Posted on 12/03/2024
NAR Settlement and the Evolution of Buyer Agent Compensation
The NAR settlement has brought significant changes to real estate practices, particularly regarding how buyer agent compensation is structured and disclosed. Historically, sellers covered both the listing agent’s and the buyer’s agent’s fees, which were split from the total commission outlined in the Multiple Listing Service (MLS). However, the settlement mandates greater transparency, leading to the elimination of...
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Posted on 12/02/2024
A basic guide to loss of use coverage
Loss of use coverage is part of every standard homeowners...
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Posted on 12/01/2024
The Rise of Multigenerational Living – A Growing Housing Trend in the U.S.
Multigenerational living is transforming the American housing landscape, offering practical solutions to economic challenges while fostering stronger family bonds. Here in Colorado Springs, this trend is reshaping how we think about home. Why Multigenerational Homes Are Gaining Popularity Caring for Aging Parents 👵👴: Families are welcoming elderly relatives into their homes, providing care and cherished companionship. Supporting Adult...
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Posted on 12/01/2024
Monument, CO Real Estate Market Update 12/1/2024
Click here to view Monument, CO blog post which has information on the constantly changing market...
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Posted on 11/30/2024
Key Factors That Impact How Fast Your Home Sells
One of the most common questions I hear from homeowners is, “How long will it take to sell my home?” The truth is, several factors determine how quickly your home will sell. By understanding these factors, you can better position your home to attract the right buyer and achieve a successful, timely sale. The Three Lenses Buyers Use...
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