Market Report for Greenbriar Park May – July 2008 Absorption Rate: 8.25 Months List Price vs. Sale Price Ratio: 96.1% Average List Price in Greenbriar Park: $235,536 Providing real estate information and services for Colorado Springs home buyers and sellers.
Many sellers, especially women who are eager to sell their home often become emotional once their home goes under contract. Allowing our emotions to take over during the selling process can cause serious problems during the transaction and even cause a home not to be sold as a result. Generally, men are less emotionally attached […]
The Housing Stimulus Bill (The Housing and Economic Recovery Act of 2008) recently signed by President Bush, is expected to alleviate some of the turmoil surrounding the foreclosures bombarding the current real estate market in many areas around the nation. The Housing Stimulus Bill entails many provisions and I will include only a few of […]
QUARTERLY MARKET REPORT FOR VISTA MESA – COLORADO SPRINGSMAY 2008- July 2008 Absorption Rate: 2.6 Months List Price vs. Sale Price Ratio: 96.9% Average List Price in Wagon Trails: $312,266 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
With financing regulations tightening up in the mortgage industry, many buyers ask if it is still possible to purchase a home in Colorado Springs with zero down. Due to the sub prime mortgage mess, many of loan products are no longer available to buyers such as the 80/20 or 100% financing options. There are options […]
If you are looking to purchase a home in Colorado Springs it is best to avoid making any large purchases. Having inquiries on your credit and increased debt as a result of buying a new car can affect your credit score. If your credit score drops as a result of making an expensive purchase, you may not […]
Many buyers are reluctant to step into the market to begin looking for a home in Colorado Springs and are waiting for prices to drop even more. Although house prices are a factor, don’t forget about interest rates. Interest rates are expected to climb and a buying a house with a higher interest rate can […]
1. No last minute surprises– If sellers find out about problems with their home before listing it for sale, they can make the necessary repairs instead of having to deal with it down the road when the home is under contract. Taking care of problems early on will make the transaction go more smoothly for […]
The market in Colorado Springs has changed and so has buyers’ expectations; don’t expect to sell your home for top dollar if it isn’t in tip top condition. Buyers have so much variety to choose from in Colorado Springs and they don’t have to settle for a home that is in less than perfect condition. […]
There are so many different incentives sellers offer to buyers in Colorado Springs and a home warranty is one of them. Many buyers in today’s market often request a home warranty be provided if it is not already offered by the seller when submitting an offer. So why do so many buyers want a home warranty? Many […]