Many home buyers in Colorado Springs that would like to buy a home but cannot afford the down payment can receive down payment assistance from the Colorado Housing and Finance Authority (CHFA). CHFA now has a new home loan program available not only to first time home buyers but also to those who have purchased a home previously. Qualified home buyers […]
Home sales in El Paso County were highest during the summer months and then gradually dropped the remainder of the year in 2008. Looking back at 2008, the average sale price was lowest in November ($213,466) and highest in June ($256,829). The average median price was lowest in December ($180,000) and highest in July ($223,950). […]
Homes sales increased by 22% in El Paso County for the month of February when compared to January 2009. Looking over the past six months, home sales have been consistently dropping and home sales should start increasing now that we are nearing the busier time of year for real estate in Colorado Springs. There were […]
Many investors have expressed frustration with only being allowed to finance a total of four investment properties. These restrictions have limited investors considerably and have resulted in many distressed properties that could have been picked up by investors in the past to sit on the market instead. With more inventory, fewer home sales, and a […]
Internet exposure– With over 90% of buyers going to the Internet as their source for finding homes, you cannot afford not to have your home on the Internet. If you plan to sell your home, it is important you ask your agent about their marketing plan to sell your home. If marketing your home online is not part […]
Homes sales dropped by 16.6% in El Paso County for the month of January when compared to December 2008. There were 121 more single family home sales in January 2008 when compared to total single family home sales for January 2009. Although there were fewer sales than this time last year, there were an additional […]
Colorado Springs Real Estate Market Report for Vista Grande Subdivision- January 2009 Average List Price: $174,318 Average Days on Market (active listings): 162 days Home Inventory: 5.1 months Absorption Rate: 3.2% List Price vs. Sale Price Ratio: 98% Contact me for additional information about homes in the Vista Grande Subdivision of Colorado Springs. Providing real estate […]
The Windmill Creek Subdivision is located in the Fountain Valley area near Powers and Grinnell. The patio homes in Windmill Creek were built by Orla Homes; these ranch style floor plans have a basement and are around 2,400 square feet. There are nice mountain and Pikes Peak views in this subdivision as well. There are six […]
If you are looking to buy a new home in Colorado Springs, you will find many builders are offering various incentives if you decide to purchase a new home. Incentives can vary from a paid membership to the rec center, a finished basement, gourmet kitchen, 1 year of paid HOA dues, or cash […]
Many buyers often ask “Why do I need a real estate agent when I am looking to buy a new home in Colorado Springs?” There are multiple reasons it benefits buyers to work with their own Realtor when buying a new build. Contact me about buying a new home in Colorado Springs at 719-660-9058 You […]