Real Estate Market Report – Peregrine (past 6 months) Average List Price: $647,632 Average Days on Market (active listings): 195 days Absorption Rate: .67% List Price vs. Sale Price Ratio: 92.9% Patricia Beck – Selling Colorado Springs Homes *Information gathered from the Pikes Peak MLS is deemed reliable but not guaranteed
Briargate is located in the Northern area of Colorado Springs and in School District 20. A total of 57 single family homes sold in the month of April with the average sale price of $279,142. The average days on market for homes that sold in April 2009 was 103 days. There are a total of 140 properties […]
Clutter – Removing clutter will make rooms appear more spacious and clean. Cluttered rooms make it difficult for buyers to clearly visualize their own belongings in the home. Cleanliness– Keeping your home clean for showings takes work but a messy home is not appealing to a prospective buyer in Colorado Springs. Make your home stand […]
Increasing the chances of your home selling in the current market takes more work than it did in the past. It is still a buyer’s market and with many homes for sale in Colorado Springs, marketing your home properly has never been more important. One of the most crucial factors in getting your home sold […]
Finding a home is an exciting process; although you may want to start looking at homes right away, it is very important to get prequalified first. The last thing you want to do is find a home you like only to find out that you do not qualify to buy it! Looking at homes you cannot afford is a waste of your time. […]
Many home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment choose to obtain down payment assistance from the Colorado Housing and Finance Authority (CHFA). Formerly, borrowers were not required to make any payments on the money received for the down payment (Silent 2nd Mortgage) until they sold or refinanced their home. Now, […]
If you are interested in purchasing a home but haven’t used credit in 6 months or more, you may not have a FICO score. This may be an issue for those in the military who have been overseas for some time and plan on relocating. Lenders look at your credit score during the prequalification process. Until […]
A property becomes a short sale listing when the homeowner owes more on the mortgage than what the property can be sold for in the current market. Many homebuyers are interested in purchasing pre-foreclosures since they are often listed below market value but if you expect for everything to be smooth sailing throughout the transaction you had […]
Homes sales increased by 12.3% in El Paso County for the month of March when compared to February 2009. Home sales will start increasing now that we have entered the busier time of the year for real estate in Colorado Springs. There were 156 more single family home sales in March 2008 when compared to total single […]
Spring is here and if you are planning on listing your home for sale, hopefully you have already begun the process for preparing your home before it goes on the market. Here is a check list to help ensure you don’t miss anything! Clean out all closets and drawers Clean the front porch, siding, and […]