Homes sales increased by 8.4% in El Paso County for the month of July when compared to June 2009. There were 60 additional single family home sales in July 2009 when compared to July 2008. There were also an additional 1,409 single family homes for sale in July 2008! The average ($231,457) and median ($199,675) […]
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 again. For those who plan on purchasing a home to stay in for the years […]
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 have to be paid back until the home is sold. Unlike other loans, there are […]
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 June 2009 was 76 days. There are currently a total of 315 single family homes listed for […]
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 2009. There were also an additional 1,469 single family homes for sale in June 2008! […]
When out looking at homes, buyers can save themselves a lot of wasted time by paying attention to possible problems with the home before submitting an offer. Many first time home buyers in Colorado Springs are seeking bank owned properties but if the buyer is obtaining FHA or VA financing, FHA or VA guidelines may make […]
Powers is located in the Eastern area of Colorado Springs and in School District 49. A total of 104 single family homes sold in the month of May with the average sale price of $202,579. The average days on market for homes that sold in May 2009 was 85 days. There are currently a total of 396 single family homes listed […]
Homes sales increased by 17.5% in El Paso County for the month of May when compared to April 2009. Home sales should continue increasing now that we have entered the busy time of year for real estate in Colorado Springs. There were only 8 additional single family home sales in May 2008 when compared to total […]
Many first time home buyers in Colorado Springs who cannot afford to purchase a single family residence opt for a townhome or condominium instead. So what is the difference between a condominium and a townhome? An owner of a condominium only owns the unit not the land it sits on. A condo may also have units above, […]
Homes sales increased by 25% in El Paso County for the month of April when compared to March 2009. Home sales should continue increasing now that we have entered the busy time of year for real estate in Colorado Springs. There were only 64 additional single family home sales in April 2008 when compared to total single family home […]