Builder Incentives Reach 5-Year High

3 Min Read | šŸ” Why Buyers Are Eyeing New Builds + šŸŽ Incentives at a 5-Year High + šŸ“… Colorado Springs Happenings

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"A home is a place to start your story.ā€ - Anita Renfroe

Hey Everyone,

Welcome to this week’s edition of The Ridgeline Rundown!

More homes are hitting the market, but some buyers are still struggling to find the right fit. That’s why new construction is becoming a go-to option—and builders are offering some of the best deals we’ve seen in years.

Bottom line: if you’re curious about what deals builders are offering right now in our area, I’d love to show you.

As always, I’m here to guide you with honest advice, real strategies, and a personalized approach that makes a difference. Have questions? Let’s chat and build a plan that works for you.

Table of Contents

Mortgage Minute

The monthly jobs report continues to drive rates. August Nonfarm Payrolls showed only 22k new jobs vs. the 75k forecast, sparking bond buying. As bond prices rise, rates fall—bringing the average 30yr fixed from 6.45% yesterday to 6.29% today, matching Fall 2024 lows.

The Insider’s Guide to Real Estate | Tips

Builder Incentives Reach 5-Year High

Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price. Maybe the layout feels off. Maybe it still needs some updating. Or maybe it’s just more of the same.

That’s why more buyers are turning to new construction – and finding some of the best deals available today.

Why? Today, many builders have more homes that are finished and sitting on the market than normal. And that means they’re motivated to sell. They’re running a business, and they don’t want to sit on their inventory. They want to sell it before they build more homes. And that can definitely work in your favor.

Colorado Springs Social Scene

New distillery in Colorado Springs opens with a mission to offer approachable spirits, cocktails

El Paso County approves first step for up to 5,000 homes bordering Schriever

Youth Sports Giving Day at USOPM

Military News and Updates

Springs Dentistry to host Smiles For Heroes on Oct. 16

The award-winning Springs Dentistry is hosting its annual Smiles For Heroes day on Oct. 16. It’s an opportunity for military personnel in the area to receive free dental work from an award-winning team. Last year, $60,000 worth of dental work was performed on active and retired military personnel and their families. This year, over 20 families are expected to receive dental treatments, including whitening, fillings, and crowns.

Feel free to reach out with any real estate questions—I’m here to help, no matter the state!

Referrals are the biggest compliment, so send anyone my way. Until next time!

How 433 Investors Unlocked 400X Return Potential

Institutional investors back startups to unlock outsized returns. Regular investors have to wait. But not anymore. Thanks to regulatory updates, some companies are doing things differently.

Take Revolut. In 2016, 433 regular people invested an average of $2,730. Today? They got a 400X buyout offer from the company, as Revolut’s valuation increased 89,900% in the same timeframe.

Founded by a former Zillow exec, Pacaso’s co-ownership tech reshapes the $1.3T vacation home market. They’ve earned $110M+ in gross profit to date, including 41% YoY growth in 2024 alone. They even reserved the Nasdaq ticker PCSO.

The same institutional investors behind Uber, Venmo, and eBay backed Pacaso. And you can join them. But not for long. Pacaso’s investment opportunity ends September 18.

Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.

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