Colorado Springs Real Estate

Colorado Springs Real Estate Blog


Monthly Archives: July 2009

Web Resources for Veteran Home Buyers

Posted on July 30, 2009 by Patricia

The Veterans Administration has automated many of it’s procedures relating to how loans and appraisals are processed making buying a home easier for VA home buyers.  The electronic Certificate of Eligibility program now allows lenders working with VA buyers to securely access … Continue reading →

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Colorado Springs Homes: Downsizing and planning for the future

Posted on July 30, 2009 by Patricia

Many homeowners make the decision to downsize.  Often times, a large living area is no longer needed once the children have grown or many are planning for retirement and want to find a home where they can live in comfortably without having to move … Continue reading →

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Colorado Springs Homes: Reverse Mortgages

Posted on July 30, 2009 by Patricia

For seniors 62 and older, Reverse Mortgages may be a great option for gaining access to the equity in their home for additional income. No monthly mortgage payments are required and the equity pulled out of the home does not … Continue reading →

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Colorado Springs Real Estate – Market Statistics for Northeast

Posted on July 28, 2009 by Patricia

The Northeast area is located in the in School District 11. A total of 92 single family homes sold in the month of June with the average sale price of $235,506. The average days on market for homes that sold in … Continue reading →

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Energy-Efficient Mortgages available to VA buyers

Posted on July 27, 2009 by Patricia

VA is offering Energy-Efficient Mortgages (EEM) to borrowers who are interested in making energy-efficient improvements to their home. New borrowers or current homeowners interested in re-financing can increase their loan amount to account for the Green improvements that will be … Continue reading →

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Colorado Springs Real Estate- Assuming VA Loans

Posted on July 27, 2009 by Patricia

  One advantage of having a VA mortgage is that it is assumable. If the interest rates skyrocketed and a buyer wanted to assume the seller’s VA loan instead of obtaining a new loan with a high interest rate, it … Continue reading →

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Housing Grants available for Veterans

Posted on July 23, 2009 by Patricia

Many Veterans are not aware of the Specially Adapted Housing (SAH) and Special Housing Adaptation (SHA) grants that are available.The grants provide disabled Veterans with the opportunity to make necessary adaptations to their home in order to meet their needs.  … Continue reading →

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Single Family Home Inventory Stats for El Paso County – June 2009

Posted on July 15, 2009 by Patricia

Home inventory increased by 4% for the month of June 2009 when compared to six months ago (January 2009). Compared to the previous month of May, there was a slight increase (1.6%) in single family homes for sale. It is … Continue reading →

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Single Family Home Sales – Colorado Springs – June 2009

Posted on July 15, 2009 by Patricia

Homes sales increased by 4.9% in El Paso County for the month of June when compared to May 2009. There were only 6 additional single family home sales in June 2008 when compared to total single family home sales for June … Continue reading →

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Homes with Polybutylene Plumbing in Colorado Springs

Posted on July 14, 2009 by Patricia

Many homes in Colorado Springs built in the mid 70′s through the late 90′s had Polybutylene plumbing installed since it was more economical than copper.  It was later discovered the Polybutylene pipes had problems with deterioration in addition to problems with the aluminum fittings.  As you … Continue reading →

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