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Nicole Strom's Blog

Posted on 06/06/2025
🏡 Multigenerational Homebuying Reaches a Record High: What It Means for Colorado Springs Families
In a housing market shaped by rising costs and changing family needs, multigenerational homebuying has surged to an all-time high, now making up 17% of all home purchases nationwide, according to the 2025 Generational Trends Report from the National Association of Realtors®. As families come together to manage expenses, caregiving, and lifestyle preferences, more buyers are seeking homes...
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Posted on 06/05/2025
🏡 Understanding the 2025 Property Valuation Process in El Paso County, CO
If you’re a homeowner in El Paso County, Colorado, you may have received or are expecting your updated property valuation. These reappraisals can feel overwhelming, especially with recent law changes and shifting market dynamics—but I'm here to break it all down for you. 🔍 How Values Are Determined Colorado law mandates that all real property, including land and...
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Posted on 06/05/2025
Understanding the Phases of New Home Construction
Building your dream home from the ground up is one of the most rewarding experiences in real estate, but if you're new to it, the process can feel a bit mysterious. When you buy a home that's being built from dirt, the journey unfolds in phases, and each one comes with its own timeline, inspections, and decisions. Here’s...
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Posted on 06/04/2025
📰 What This Week’s Jobs Report Could Mean for Mortgage Rates
The upcoming May 2025 U.S. Jobs Report, set to be released this Friday, could play a key role in shaping what happens next with interest rates, and by extension, the housing market. 💼 Market Expectations Economists are forecasting around 129,000 jobs added, with the unemployment rate holding at 4.2 percent and wage growth slightly cooling to 3.7 percent...
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Posted on 06/04/2025
🛠️ 4 Home Maintenance Tasks to Do Yourself—and 4 You Should Outsource
Owning a home in Colorado Springs means more than just enjoying those Pikes Peak views and cozy neighborhoods—it also means ongoing maintenance. But how do you decide what to tackle yourself and when to call in the pros? Getting it right can save you money, reduce stress, and help keep your home in tip-top shape. Here are four...
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Posted on 06/04/2025
Woodland Park, CO Real Estate Market Update 6/4/2025
Click here to view Woodland Park, CO blog post which has information on the constantly changing market...
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Posted on 06/02/2025
Why Some Contracts Fall Apart, and What You Can Do About It
By Nicole Strom | Colorado Springs Real Estate Agent When you hear that a home “fell out of contract,” it’s not just a one-off situation. According to recent housing reports, about 14% of homes that go under contract come back on the market. So what’s happening? In Colorado, the Contract to Buy and Sell Real Estate gives the...
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Posted on 06/02/2025
What You Need to Know About Granite Countertops
Your kitchen counter is one of the most heavily used surfaces in the home. Everything from food preparation to working from home can happen in the kitchen, and the countertop material plays a major role in those activities and the overall look and feel of the kitchen. Granite has been a popular choice for decades. However, there are...
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Posted on 05/31/2025
Palmer Lake, CO Real Estate Market Update 5/31/2025
Click here to view Palmer Lake, CO blog post which has information on the constantly changing market...
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Posted on 05/29/2025
Home Appreciation in Colorado Springs: What the Numbers Say in 2025
If you're wondering how your Colorado Springs home has held up over time—or you're thinking of making a move—this new data may just give you the clarity you're looking for. 💡 Since 2005, home values in Colorado Springs have appreciated by an incredible 149.8%. That's nearly a 150% increase in accumulated value over the last 20 years, according...
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Posted on 05/28/2025
Are Home Prices Crashing or Just Catching Their Breath? This Chart Tells the Real Story
When it comes to real estate headlines, it’s easy to feel overwhelmed: “Housing crash!” “Prices plummeting!” But what’s really happening with U.S. home prices? This chart, tracking month-over-month price changes from the early 1990s to today, tells a clear and insightful story. 🔹 Blue bars represent months when prices went up.🔻 Red bars show when prices dropped. Take...
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Posted on 05/28/2025
🎓 USAFA Graduation 2025 & Thunderbirds Flyover: What to Know & Where to Watch in Colorado Springs
Photo credit: Eric Strom 2024. To see all of the Academy photos, go to Eric's Academy page here: https://stromphoto.smugmug.com/Colorado/Air-Force-Academy The U.S. Air Force Academy's Class of 2025 is set to graduate on Thursday, May 29, with the iconic Thunderbirds soaring overhead to celebrate. Whether you're attending the ceremony or seeking the best vantage points in Colorado Springs, here's...
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