Colorado Springs Real Estate – Market Report for Sierra Ridge – April 2012 Average List Price: $277,650 Average Days on Market (active listings): 72 days Absorption Rate: .83% List Price vs. Sale Price Ratio: 96.7% Bank owned properties in the area: 1 (currently pending) Short sale properties in the area: 1 (currently under contract) […]
There were a total of 8,459 single family home sales in El Paso County in 2011 compared to 8,185 in 2010. Take a look below to view the total sales for major areas in Colorado Springs and surrounding areas. The Powers area of Colorado Springs had more home sales than any other area in Colorado […]
There were a total of 8,185 single family home sales in El Paso County in 2010 compared to 8,745 in 2009. Take a look below to view the total sales for major areas in Colorado Springs and surrounding areas. The Powers area of Colorado Springs had more home sales than any other area in Colorado Springs for […]
Major banks including Bank of America, GMAC, and JP Morgan Chase are halting foreclosures to investigate if homes were properly foreclosed upon since issues have arisen from incorrect paperwork being filed and from concern regarding the entity actually foreclosing on many properties (MERS (Mortgage Electronic Registration Systems)). Bank of America is temporarily freezing foreclosures in 23 states. Investors who […]
There were a total of 8,745 single family home sales in El Paso County in 2009 compared to 8,339 in 2008. Take a look below to view the total sales for major areas in Colorado Springs and surrounding areas. The Powers area of Colorado Springs had more home sales than any other area in Colorado Springs for […]
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 can imagine, this would cause flooding and major water problems for homeowners. Homeowners who have Polybutylene plumbing […]
If you are looking to purchase a short sale or a bank owned property, ensure the plumbing is inspected. Colorado Springs experienced a few cold months this past winter and if a home is improperly winterized or not winterized at all, there may be water leaks in the home. Bank owned properties are usually winterized […]
There were a total of 8,339 single family home sales in El Paso County in 2008 compared to 9,995 in 2007. Take a look below to view the total sales for major areas in Colorado Springs and surrounding areas. The Powers area of Colorado Springs had more home sales than any other area in Colorado Springs […]
It can be so easy to overlook details when you look at house, after house, after house. Keep the number of homes you look at in one day manageable so you don’t wear yourself out and so you can have enough time to look at the homes that interest you. Proximity to other homes– […]
You may want an additional bedroom, an office, or want to expand an existing room for more space. Building an addition to your home may be a good idea but weighing out the advantages and disadvantages in advance is a must. If you plan on selling your home in the near future, the addition may not […]