Colorado Springs Real Estate Market: June 2023 Trends & Opportunities

Here are this the Colorado Springs local real estate market stats. The following information will give you a better understanding of the current trends and opportunities in Colorado Springs.

Inventory:

  • Total available inventory remains low, but we have seen a notable increase of 28.6% compared to May 2022. This month, we have 1,750 homes available, up from 1,360 homes last year. This rise in inventory could be attributed to various market factors and presents potential opportunities for both buyers and sellers.

Average Days on Market:

  • The average days on the market have increased from 11 days a year ago to 31 days currently. Houses are taking longer to sell, indicating a shift in the market dynamics. However, it’s important to note that well-priced properties continue to attract strong attention and tend to go under contract quickly.

Affordability and Interest Rates:

  • Affordability continues to be influenced by rising interest rates. Average rates on a 30 year fixed rate mortgage are 6.9% today, compared to 5.49% a year ago. While rates have had an impact across the board, we have noticed strong buyer interest and activity in the higher price ranges. This suggests that motivated buyers are still keen on investing in our local real estate market, even with the current financial landscape.

Key Insights:

  • With the increased inventory, it’s essential for sellers to work closely with an experienced real estate professional who can help them navigate the changing market conditions, optimize pricing strategies, and carefully strategize their marketing approaches to stand out in the market.
  • Buyers should remain diligent and take advantage of the wider selection available.

I’m here to provide you with a personalized market analysis and offer guidance tailored to your specific needs. If you have any questions or would like to discuss your real estate goals, I’m just a phone call away!

Supply by Price

Market Update – Colorado Springs Real Estate – May 2023

Hi everyone, here’s your Colorado Springs real estate market update for May 2023. If you would like to receive this market update automatically in your email inbox every month, please reach out to me at 719-229-9777 or becky@gloriod.com.

The current real estate market remains strong, but I do see headwinds coming. First and foremost, higher interest rates have negatively impacted first-time home buyers and “move-up” buyers. As a result, the sales of lower-priced homes have been hurt more by the higher interest rates than the more expensive homes.

However, in general, inventory remains low which is sustaining the real estate market and is helping to keep prices up. In fact, I just listed a home for $1,050,000 and got four full price offers the first weekend it was on the market. But, there are headwinds.

Currently properties are taking longer to sell which is gradually going to increase inventory and probably result in more of a “Buyers’ Market.” In fact, in the past 3 days in El Paso Country, there have been 113 new listings (ie, low inventory.) However, in that same 3-day period, there have been 128 price reductions. The increasing number of price reductions indicates that you must be priced correctly and that the market is softening. Don’t get me wrong, properties are still selling… you just have to be priced right. And, our prices are still up from 2020 so you have equity to enjoy if you’re a seller.

Thank you for taking the time to read this month’s real estate market update. As always, my goal is to provide you with the most accurate and up-to-date information on the state of the market. I hope you found this article informative and helpful in making informed decisions regarding your real estate needs.

If you have any questions or would like to discuss your specific real estate needs, please do not hesitate to contact me. I’m just a phone call away and offer personalized advice and support!

Home supply by price range chart. El Paso county single family and patio homes. Market update data source Pikes Peak MLS, as of May 10th, 2023.

Custom Home on Large Private Treed Lot

255 Ellsworth Street

Located in the Broadmoor Spires on a private treed lot with mountain and city views, this custom home boasts a stunningly open floor plan with contemporary ambiance. Beautifully maintained, the home boasts exceptional quality and attention to detail. Hardwood and tiled floors, a wrap-around view deck, five gas fireplaces (one is double-sided), vaulted ceilings with wood beams and lots of architectural interest complement the home. Offered at $719,000 At a Glance:

  • Built by Carl Branan, a highly respected Colorado Springs’ builder
  • Large .69 Acre lot with mountain and city views
  • Stucco exterior, Concrete tiled roof
  • 53 Pella windows for amazing natural light
  • Covered entry with wood door flanked by glass side lights
  • 5 Fireplaces with gas logs
  • Wrap-around deck with covered area and  hot tub
  • 5,171 Square feet with 4 bedrooms, 4 bathrooms, main level office (or 5th bedroom)
  • 3-car garage
  • Extras include an Olhausen pool table, Marantz audio amplifiers for sound system, hot tub
  • Forced air heat with 3 zones (one on each level); Central air;  Two hot water heaters

Main Level:

  • The main level boasts a vaulted ceiling that has a center wood beam. This vaulted ceiling expands from the entrance hall and living room all the way to the kitchen and family room.
  • The entrance hall, which has tiled floors with a slate diamond inlay, opens to the living room and dining room. To right is the kitchen and hearth area. To the left is the office (or 5th bedroom), a full bath, the laundry room and a staircase that leads to the master suite on the upper level.
  • The carpeted living room has a wall of windows that frame the wonderful city views and an impressive floor-to-ceiling stacked stone fireplace with gas logs. The fireplace is two-sided and also opens to the dining room.
  • In addition to the fireplace and view windows, the spacious dining room offers hardwood floors and a chandelier.
  • The well-designed kitchen opens to a casual dining area and a cozy family room.  This entire area has tiled floors. The kitchen features granite tiled countertops, cherry cabinetry, a pantry and a center isle with Thermador gas cooktop with 5 burners. Additional kitchen appliances (all stainless) include double ovens, dishwasher, microwave and refrigerator. Between the kitchen and the hearth room there is a spacious counter that provides a great workspace in addition to counter seating. The adjoining casual dining area enjoys a sunny bay of windows with mountain views and a walkout to the wrap-around deck.
  • The family room has a peaked beamed ceiling with ceiling fan, a fireplace with gas logs and a sliding glass door to the back deck that wraps around to the side. The deck has a spacious covered area and a hot tub.
  • To the left of the foyer, you’ll find French doors that lead to an office. The office enjoys city views and a corner fireplace with gas logs. Since this room has a closet, it could be used as a bedroom.
  • Tiled bathroom with cherry cabinetry and a shower.
  • Big laundry room with tiled floor, big double broom closet and sink. (Note: the laundry room has both electric and gas hook-ups for your washer and dryer)

Upper level:

  • The entire upper level is reserved for the luxurious master suite. The master bedroom offers a corner gas fireplace, a peaked ceiling and double doors that lead to the sumptuous master bath. As you approach the master bath, there are two walk-in closets…one on either side. The focal point of the master bath is a huge glass block circular shower. The bathroom area has tiled floors and also offers raised dual Cherrywood vanities with tiled countertops, a water closet and a jetted tub with tiled surround. To the left of the bath area, there is a carpeted exercise area.

Walkout Lower Level:

  • 9 to 10’ Ceilings
  • The focal point of the lower level is the spacious rec room that has two distinct areas. On area is ideal for a pool table. The other area, which opens to the lower patio, is great for relaxing and watching TV. This area has a gas fireplace, a wall of built-ins that house an entertainment center and a wet bar. The wet bar has cherry cabinets, a small refrigerator, tiled floor and a tiled countertop with counter seating.
  • Two guest bedrooms that share a large tiled bathroom with shower. This bathroom also services the rec room.
  • Guest bedroom with walk-in closet and private full bath with tiled floor and tiled countertop.
  • Utility/ storage room.

What You Still Need to Know about the First-Time Homebuyer Credit

By RJ McArthur, CPA , EKS&H – Ehrhardt, Keefe, Steiner & Hottman PC In an attempt to help stimulate sluggish home sales, Congress provided a federal tax credit to certain qualified homebuyers who purchased a principal residence after April 8, 2008, and before May 1, 2010. This credit was extended through May 1, 2011, for certain members of the uniformed services on extended duty. It has been almost two years since the program was available for most first-time homebuyers, and many people have forgotten about the benefit they received. More importantly, many people have forgotten about the strings that were attached to the original benefit. As is the case with many federal tax credits, what the government giveth, the government can taketh away. This is especially true for credits earned on homes in 2008 but can also be true for other homes purchased that qualified for the credit. In this article we will discuss the differences in the credits that were provided by Congress, what a homeowner needs to know even years after the program has ended, and what a homeowner can do to minimize or eliminate the possibility that the government comes to take the credit back. Two categories The First-Time Homebuyer Credit (FTHBC) can be divided into two distinct categories:

  • Credits on residences purchased before January 1, 2009
  • Credits on residences purchased after December 31, 2008

Homes purchased in 2008 For qualifying homes purchased in 2008, the FTHBC must be recaptured (repaid by the homeowner) over 15 years, with payments starting in 2010. In essence, the credit was really an interest-free loan that had to be repaid over 15 years starting two years after the purchase of the home. The repayment is made by increasing the income tax of the homeowner by 1/15th of the credit for tax years 2010 through 2024. If the home is disposed of or of it ceases to be the primary residence of the homebuyer, the repayment of the credit is accelerated into the year of the disposition or when the home is no longer the primary residence. Illustration: A homebuyer purchased a home in 2008 for $100,000 and received a FTHBC of $7,500. In 2012 the homeowner sells the home for $120,000. On the 2010 and 2011 tax return, the homeowner was required to increase their tax by $500 each year ($7,500 divided by 15 years). In 2012, the homeowner must pay an additional tax of $6,500 (the $7,500 credit less the $1,000 previously recaptured, $500 in 2010 and $500 in 2011). Homes purchased after December 31, 2008 For homes purchased after December 31, 2008, that qualified for the FTHBC, the rules are much more lenient. For these purchases, the credit only has to be repaid if the home is disposed of or it ceases to be the homebuyer’s personal residence during the 36-month period beginning on the date of the homebuyer’s purchase of the principal residence for which the credit is allowed. Therefore, if the homebuyer maintains the home as their personal residence for at least 36 months, they will never have to repay the credit back to the government. Illustration: A homebuyer purchased a home on July 1, 2009, for $100,000 and received a FTHBC of $8,000. On March 1, 2012, the homebuyer sells the home for $120,000. Since the home was not held as the homebuyer’s personal residence for 36 months, the homebuyer must pay an additional tax of $8,000 on their 2012 tax return. If the homebuyer does not sell the home until July 2, 2012, they would not have to repay the $8,000 credit. Minimizing the recapture Although the government recapture of the credit on an early disposition of the home seems inevitable, there is something homebuyers can do to minimize, if not eliminate, the recapture all together. In the case where a home is sold to a person who is not related to the homebuyer, the recapture of the credit is limited to the amount of gain (if any) from the sale. For this reason it is important for homebuyers to track the cost of improvements that may reduce the gain on the sale. For purposes of determining the gain, the basis of the home is reduced by the amount of the credit previously received. Thus, even in cases where the homebuyer breaks even on a sale, they will have recapture of the credit. Illustration: A homebuyer purchased a home on July 1, 2009, for $100,000 and received a FTHBC of $8,000. In 2010, the homebuyer spent $26,000 remodeling the kitchen. On March 1, 2012, the homeowner sold the home for $120,000. The adjusted basis of the home is now $118,000 ($100,000 + $26,000 – $8,000). The gain from the sale, then, is $2,000 ($120,000 – $118,000). Therefore the seller must pay the additional tax of $2,000 on their 2012 return and does not need to pay the entire $8,000 credit. One final word of caution: The above illustrations show the consequences when a qualifying home is sold. However, the tax rules also apply when a home ceases to be the homebuyer’s principal residence which can occur in a number of different ways, including converting the home to a rental home or vacation home. In the event of a divorce, the spouse who receives the home will be responsible for all future repayments of the 2008 credit or the credit recapture, if any, from purchases after December 31, 2008. Homebuyers are encouraged to talk to a tax professional before making any changes are made to the status of the home as a principal residence. 

 **The content for this article was provided by Land Title Guarantee Company

Press Release – Realtors The Becky Gloriod Partners Analyze Amenities of Colorado Springs for Retired Military

Becky and Jack Gloriod, of The Becky Gloriod Partners, list the top three tips regarding why Colorado Springs is an ideal retirement place for military personnel.

COLORADO SPRINGS, CO (PRWEB) OCTOBER 13, 2016

Colorado Springs is an enticing community for anyone, and is being discovered by people from all walks of life. It has more than 300 days of sunshine every year, majestic mountain views, an extensive hiking/biking trail system, easy access to skiing, low cost of living, low property taxes, great business development opportunities and a well-educated workforce.

“Colorado Springs features fantastic real estate values compared to nearby Denver, where home prices are 50% to 60% higher,” said Becky Gloriod, of The Becky Gloriod Partners and Berkshire Hathaway HomeServices. “It is also the ideal place for retired military personnel. Furthermore, Thrillist, in 2015, ranked Colorado Springs as the No. 3 Best Military Town in the United States.”

For veterans considering retiring to Colorado Springs, The Becky Gloriod Partners list the following three benefits:

No. 1: Military community. “Individuals transitioning from military to civilian life may find comfort knowing that they share a common bond with many others in the community who have either served or are currently serving,” said Jack, a Vietnam veteran and retired Army Colonel. “In fact, Colorado Springs is known amongst retired military as a great place to live.”

No. 2: Wealth of resources. “Individuals retiring from the military are still relatively young, and often decide to return to a city such as Colorado Springs that has a wealth of resources available for veterans,” said Becky. “The city is incredibly friendly to people wanting to start a small business, as well as a host to dozens of defense contractors.”

No. 3: Growth. “From 2000 to 2014, Colorado Springs saw a population growth of nearly 20 percent, and over the last year has seen a 20-percent increase in building permits for new houses,” concluded Jack. “Additionally, the Fort Carson Army Base, Peterson Air Force Base, and Schriever Air Force Base bring many new residents to the area.”

About Becky Gloriod, The Becky Gloriod Partners, Berkshire Hathaway HomeServices Becky Gloriod has consistently been recognized as one of the Top 5 Agents in the Pikes Peak Region since 1998. She was chosen as the No. 1 Agent in the Pikes Peak Region in 2005, 2006 and 2007, and the No. 1 Agent in the Southwest & Broadmoor area since 1995. Becky, who specializes in luxury properties, is a charter member of The Elite 25, a luxury real estate networking group. For more information, please call (719) 229-9777, or visit https://beckygloriod.com. Berkshire Hathaway HomeServices Rocky Mountain, REALTORS is located at 660 Southpointe Ct., Suite 200, Colorado Springs, CO 80906.

Luxury Estate Bordering Private Park

FOR SALE!

12840 Bridle Bit Rd.

Colorado Springs, Colorado 80908

Nestled on a lush five-acre lot in Black Forest with mountain views, this close-in French Country home represents the ultimate in quality finishes and main level living. Designed by highly acclaimed architect Bennett Strahan, built by Gary Gregoire and professionally decorated by Joni Bader, the home captures the essence of elegant but comfortable Colorado living. Special features include an impressive foyer with free-floating circular staircase, an exquisite great room with a 20’ ceiling, a main level master suite with a sumptuous bathroom and premier outdoor living. Conveniently located, the home enjoys close proximity to I-25, hospitals, Flying Horse Country Club, Denver Tech Center, shopping, restaurants and downtown Colorado Springs. Lovingly built with exceptional detail for the current owners, the home is being offered for sale for the first time. This home for sale is located at 12840 Bridle Bit Rd. At a Glance:

  • 5 Acres with views of the mountains, Pikes Peak and the Cadet Chapel at the Air Force Academy.
  • Fabulous landscaping with automatic sprinkler & drip system. Special landscape features include gravel paths, a water feature, grove of fruit trees, various evergreens and two unusual tri-color beech trees.
  • Ideal horse pasture that’s approximately 2 acres with fencing on two sides
  • Stucco exterior with charming window shutters and stone accents.
  • Concrete tile roof
  • Inviting covered front entry porch that boasts a tiled floor, knotty alder front door with stone surround and a peaked cedar ceiling with chandelier. There is a second front porch – also covered – that is ideal for outdoor dining. This porch is accessed from the dining room.
  • Expansive rear deck with wrought-iron railings. The deck’s floor is a combination of tile and Brazilian iron wood. Deck is accessed from the living room, the master suite and the kitchen area.
  • Oversized, side-loaded 4-car garage with adjoining green house
  • Concrete driveway with circular turn-around, ample guest parking and stamped concrete accents.
  • 7,829 square feet with 3,331 square feet on the main level
  • 5 bedroom suites, 7 bathrooms
  • Central Vac
  • Sound system throughout to include the rear deck and lower patio.
  • Hand textured walls; Solid knotty alder doors; Custom knotty alder woodwork
  • Pella windows with built-in interior shades
  • 6-zone in-floor radiant heat for the tiled areas on the main and basement levels; 3 furnaces (one in attic, one in basement bedroom/bonus room closet and one in utility room with humidifier); Central air on main and upper
  • Water softener and PH conditioner

Main Level

The heart of the home is the stunning great room that boasts a 20’ ceiling, a bay of windows and a lovely limestone fireplace with gas logs. This room also has a soft beige carpet with a leaf motif and a walkout to the expansive rear deck.

Main Level Details:

  • Setting the stage for more good things to come, the impressive foyer features travertine floors with a beveled “pillow” edge, a massive circular chandelier and a dramatic free-floating circular staircase with curved stairs and a wrought-iron railing with faux painted copper accents.
  • To the left of the foyer, the large formal dining room awaits. The dining room offers a peaked, beamed ceiling with chandelier; wide-plank hardwood floors and French doors that open to the cozy covered porch/nook on the front of the home. An arched stone doorway leads to the kitchen area and adjoining hearth room.
  • A cook’ delight, the gourmet kitchen opens to a cozy hearth room and a breakfast nook. This entire area has tiled floors. The hearth room features an inviting stone fireplace with gas logs and a custom “Wattle and Straw” flu that enhances the home’s French country character. Additionally, the hearth area has French doors that access the expansive rear deck and a wall of alder bookcases. The breakfast nook features a coved ceiling with alder molding, chandelier and faux painted ivy accents. The nook also offers deck access, a sunny bay of windows and a built-in desk with file drawer.
  • Designed by Randy Hall, the gourmet kitchen features a sage green center isle and inset cabinetry in a pleasing combination of alder wood and cream. All the countertops in the kitchen are slab granite. The center isle has an icemaker, wine cooler, raised counter seating and a stainless steel sink with instant hot and an adjoining colander/ strainer bowl. Additional kitchen appliances include a microwave, Sub Zero refrigerator/freezer, Kitchen Aid dishwasher and a Dacor stainless stove with 6 gas burners and double convection ovens. The tiled backsplash behind the stove has an imported Italian tile mural. The custom flu over the stove houses a 3-speed exhaust fan and has a faux ivy motif that mirrors the breakfast nook ceiling. Don’t miss the pull-out spice cabinets on either side of the stove’s back splash! Amazing detail!
  • Off the kitchen, an arched entry with stone trim leads to a walk-in pantry, the laundry room, the garage and a back staircase to the lower level.
  • The walk-in pantry features a large sink, small refrigerator, tiled floors, white cabinetry and storage shelves
  • The laundry room, which comes complete with a Maytag washer and dryer, offers a tiled floor, tiled counter, sink, white cabinetry and convenient toilet located behind a privacy wall.
  • Located to the right of the foyer, the powder room has a travertine tiled floor with beveled “pillow” edge, crown molding and a custom travertine vanity base with blown glass vessel sink.
  • Next to the powder room, there is a handsome office finished in alder wood. The office offers an impressive box-beam ceiling, wide-plank hardwood floors, built-in desk, wood paneled walls, bookcases and a bay of windows.
  • Across from the office, you’ll find the lovely master suite. The master bedroom boasts wide-plank hardwood floors, crown molding, ceiling fan, and gas fireplace with alder mantel flanked by bookcases and French doors that open to the expansive rear deck. The sumptuous master bath features raised dual vanities with inset alder cabinetry and slab limestone countertops. The bathroom floors are tiled with an inlaid border. A large tiled shower, water closet and Jason Air tub complete the master bath. The tub is built into a cozy bay with windows that frame the serene setting. Off the bath, there is a spacious walk-in closet with built-ins.

Upper Level

The impressive circular staircase goes to the upper level where a wide hallway leads to two bedroom suites. Open on both sides, the hallway overlooks both the foyer and the great room.

Upper Level Details:

  • Both of the bedroom suites on this level enjoy private tiled bathrooms with water closets and walk-in closets.
  • Off the hallway there is also a loft/office area. This area features built-in bookcases, a built-in desk and a charming alcove with window.

Walkout Lower Level

The lower level features a fabulous rec room that opens to a covered flagstone patio with hot tub. In addition to the walkout, the rec room boasts a wood-burning, floor-to-ceiling stone fireplace with alder mantel and a wet bar. The wet bar has inset alder cabinetry, slab granite countertop, refrigerator and wine fridge.

Lower Level Details:

  • At the base of the spiral staircase, a tiled oval with inlaid star burst provides a pleasing visual to the spiral opening from the lower level to the upper level.
  • Off the rec room there is a large bathroom that has a spacious alder vanity with arched ceiling above and a slab travertine countertop. This bathroom also has tiled floors, a tiled shower and private water closet. The adjacent guest bedroom/ bonus room has direct access to the bathroom.
  • The adjacent guest bedroom/bonus room has a walk-in closet and French doors that open to the rear patio with hot tub.
  • A second guest suite on this level has a French door walkout, a walk-in closet and a private 5-piece tiled bath. This bath room has a separate shower, water closet and a Jason Air Tub.
  • Large media room that is prewired for home theater equipment.
  • Storage closet under the stairs that houses the home’s sound and security systems.
  • Two storage rooms, one with 8’ X 8’ safe room
  • Utility room with water softener, PH conditioner, furnace with humidifier and the boiler for the hot water.

Additional Listing Information – 12840 Bridle Bit Rd.

Best Colorado Springs events of Summer 2016

Most people know Colorado Springs is home to Pikes Peak, the Garden of the Gods, three U.S. Olympic Training Centers, the U.S. Air Force Academy and numerous museums and cultural centers. However, not everyone knows the area is home to some fun and unique annual festivals and events. From donkey races to wine tasting to the arts, there’s plenty to do in Colorado Springs this summer.

June

Manitou Springs Wine Festival

When: June 4, 2016 Where: Memorial Park in Manitou Springs What: Wine enthusiasts, rejoice! Named as one of “The Best Festivals and Fairs in Colorado this Summer” by TravelMag, the annual Manitou Springs Wine Festival brings wine fans from near and far to enjoy wine from 30 Colorado wineries, along with food, vendors and live music.

Colorado Springs Summer Rodeo Series

When: June 15, 22 and 29; July 6 and 27; and August 3, 10 and 17, 2016 Where: Norris Penrose Event Center in Colorado Springs What: During the rodeo, attendees will see traditional rodeo events like mutton bustin’, calf scramble, steer riding and more. A petting zoo, rodeo games and beer garden will be available each rodeo day beginning at 4:30 p.m. Stick around after the rodeo for live country music.

Pikes Peak Airstrip Attack

When: June 18-19, 2016 Where: Colorado Springs Airport What: As the beginning of Pikes Peak Speedweek, the Pikes Peak Airstrip Attack is a two-day event featuring side-by-side racing on a half-mile track with high-speed cars from around the world.

Royal Gorge Whitewater Festival

When: June 24-25, 2016 Where: Centennial Park in Cañon City What: This two-day festival features everything — river board freestyle, fly casting, kayaking, rafting challenges, and inner tube and community raft races. Visitors can also enjoy live music, food and drinks, a kids’ zone, vendors and more. Started in 2001 as a “Build Your Own Boat Race,” the Royal Gorge Whitewater Festival has continued to grow annually to develop the Whitewater Park in Cañon City.

85th Annual Donkey Derby Days

When: June 25-26, 2016 Where: Cripple Creek What: The annual Donkey Derby Days was started 85 years ago by Charley Lehew as a way to bring people to Cripple Creek in the summer. This two-day event features donkey races, live entertainment, a parade, family activities, street vendors, heritage competitions and a dog show.

Pikes Peak International Hill Climb

When: June 26, 2016 Where: Pikes Peak What: Beginning in 1916 by Spencer Penrose, the Broadmoor Pikes Peak International Hill Climb happens on the final Sunday of June as the end to Pikes Peak Speedweek. Sidecars, motorcycles, semi-trucks and unlimited racers compete in this event to race on a twisty road to summit of Pikes Peak. They scale the mountain along the 12.42-mile course; the current record is 8 minutes and 13.878 seconds. Although the race only happens on one day, fans can view practice and qualifying races from competitors the week of the race.

July

Pikes Peak or Bust Rodeo

When: July 13-16, 2016 Where: Norris Penrose Event Center in Colorado Springs What: Started in 1937, the Pikes Peak or Bust Rodeo has a long legacy as a great family-friendly event. The rodeo features mutton bustin’, pony rides, mechanical bulls, vendor booths, fried food and other activities.

El Paso County Fair

When: July 16-23, 2016 Where: El Paso County Fair and Events Complex in Calhan What: Originally started in 1905, the El Paso County Fair has grown into a 40-acre annual event that brings rodeo fans from all around. The eight-day rodeo features live music, carnival rides, 4H animal shows, arts and crafts, fair food, petting zoo, auto races, talent show, demolition derby and the rodeo.

Rocky Mountain State Games

When: July 22-24 and July 29-31 Where: Colorado Springs What: The Rocky Mountain State Games are a member of the U.S. Olympic Committee and are a multi-sport festival for athletes of all ages and abilities. Sports at the games include air hockey, arm wrestling, swimming, table tennis, ultimate Frisbee and more.

August

Vino and Notes

When: August 6, 2016 Where: Woodland Station in Woodland Park What: This wine, food and jazz festival features more than 20 wineries, food pairings with the wine, vendors and a lineup of live jazz music that will set the tone for a great day.

Mountain Arts Festival

When: August 6-7, 2016 Where: Ute Pass Cultural Center in Woodland Park What: With Pikes Peak as the backdrop, this festival is the perfect place to browse jewelry, woodcarvings, paintings, pottery and more from artists across the country.

Pikes Peak Ascent and Marathon

When: August 20-21, 2016 Where: Begins in front of Manitou Springs City Hall What: The Pikes Peak Ascent and Marathon are not your average half-marathon and marathon. With high elevations and altitudes, runners must complete a qualifying event before registering. In 1959, Arlene Pieper became the first female finisher of a marathon at this Pikes Peak race. There you have it: a whole season worth of festivals and events you can’t miss here in Colorado Springs.  Summer is a great time to explore the greater Colorado Springs area.

Colorado Springs Area Farmers Markets

Colorado Springs area farmers markets are opening soon, and residents can pick up fresh produce and local products at a variety of spots throughout the city and beyond. The 2016 farmers market season is a great excuse to explore neighborhoods and outlying cities. Here are some of our favorite markets in the area: 

Banning Lewis Ranch

6885 Vista Del Pico Boulevard in Colorado Springs 1 to 6 p.m. Thursdays from May 26 through Sept. 29 (719) 592-9420

Briargate Farmers Market

7610 North Union Boulevard in Colorado Springs 9 a.m. to 3 p.m. Wednesdays from May 18 to Oct. 19 (719) 592-9420

Cañon City Farmers Market

Veterans Park, 211 S 3rd Street in Cañon City 8 a.m. to 1 p.m. Tuesdays from June 7 to Oct. 11 (719) 671-2519

Castle Rock Farmer’s Market

414 Wilcox Street in Castle Rock 8 a.m. to noon Saturdays from July 9 to Sept. 24 (720) 272-5517

Chapel Hills Mall

Briargate and Academy Boulevards in Colorado Springs 9 a.m. to 3 p.m. Saturdays from June 4 to Oct. 29 (970) 785-6133

Colorado Springs Pioneers Museum

215 South Tejon Street in Colorado Springs 3 to 7 p.m. Wednesdays from June 15 to Oct. 12 (719) 640-6154

Cordera Farmers Market

11894 Grandlawn Circle in Colorado Springs 11 a.m. to 4 p.m. Sundays from June 5 to Sept. 25 (719) 592-9420

Downtown Sunday Market

Acacia Park, 115 E Platte Avenue in Colorado Springs 9 a.m. to 2 p.m. Sundays from June 12 to Oct. 9 (719) 886-0088

Florence Farmers Market

Pioneer Park, Pikes Peak and Third Street in Florence 8 a.m. to 1 p.m. Thursdays from June 2 through Oct. 13 (719) 784-6489

Fountain Farmers Market

116 South Main Street in Fountain 7 a.m. to 6:30 p.m. Tuesdays in May 31 through September (719) 382-8930

The Margarita at Pine Creek

7350 Pine Creek Road in Colorado Springs 9 a.m. to 1 p.m. Saturdays from June 11 to Oct. 8 (719) 640-6154

Meridian Ranch

10301 Angeles Road in Peyton 1 to 6 p.m. Tuesdays from June 7 to Sept. 27 (719) 592-9420

Monument Hill Farmers Market

66 Jefferson Street in Monument 8 a.m. to 2 p.m. Saturdays from May 21 to Oct. 15 (719) 592-9420

Old Colorado City

Bancroft Park, 2408 West Colorado Avenue in Colorado Springs 7 a.m. to 1:30 p.m. Saturdays from May 7 to Oct. 29 (719) 574-1283

Pikes Peak Urban Gardens

Harlan Wolfe Ranch, 915 West Cheyenne Road in Colorado Springs 9 a.m. to noon Saturdays in June through September (719) 651-3416

Pueblo Riverwalk

125 Riverwalk Place in Pueblo 3 to 8 p.m. Thursdays beginning June 23 (719) 595-1589

Woodland Park

221 S Center Street in Woodland Park 7 a.m. to 1 p.m. Fridays in June through September (719) 689-3133

Western Museum of Mining & Industry

225 North Gate Boulevard in Colorado Springs 8 a.m. to 4 p.m. Mondays and Wednesdays in June through October (719) 488-0880   Be sure to double-check market hours and days before you head out, as times are flexible and subject to change. Enjoy all the great neighborhoods in Colorado Springs, and have fun exploring.

Key Benefits of the Berkshire Hathaway Brand for The Becky Gloriod Partners’ Clients

Three years ago, the Gloriod Prudential Real Estate franchise linked with Berkshire Hathaway HomeServices to give their clients the power of local expertise and the reach of a global company. Ever since, the partnership has been a win for home buyers and sellers who demand the best of both worlds.

The Berkshire Hathaway brand is recognizable and credible around the world. Chairman and CEO Warren Buffett is known for his business acumen and focus on quality, and those traits are true for Berkshire Hathaway HomeServices. These values align with what we do at Berkshire Hathaway HomeServices Rocky Mountain Realtors as well as The Becky Gloriod Partners. As Berkshire Hathaway HomeServices moves into the international market this year, our reach will grow even more.

The partnership between The Becky Gloriod Partners and Berkshire Hathaway HomeServices gives our clients several benefits. For example, our agents have access to Berkshire Hathaway listings and agents with a touch of a button. Instant information is available about every listing in the country.

In Colorado Springs, networking is another benefit. By connecting with other agents and understanding our clients’ needs, we’ve been able to buy or sell homes before they are even listed. Outside of Colorado Springs, our connections span the country, so we’re able to connect clients with reliable, high-quality agents in their destination cities.

The Becky Gloriod Partners’ clients already have the benefit of extensive print and online advertising when it comes to selling a home in Colorado Springs. Being a part of the Berkshire Hathaway HomeServices brand, our home sellers get the added bonus of even more advertising muscle. The more exposure you have, the more potential buyers come to see your property. The more people who see your property, the more potential to catch the attention of a buyer.

Our partnership also benefits home buyers in another way. The Becky Gloriod Partners has long offered relocation services in Colorado Springs, and that experience pays off for both buyers and sellers. When home buyers are new to the area, they know the Berkshire Hathaway name is a symbol of trust and reassurance.

Home buyers from across the country can rely on the power of Berkshire Hathaway HomeServices and the local expertise of our partner group. We’re delighted to help people. It’s what we do. It’s why we’re in business. Being under the Berkshire Hathaway umbrella allows us to help people even more.