It is not uncommon for home owners that are facing a short sale situation to have more than one lien on their property. The second lien holder may approve the short sale of a property but may not necessarily forgive or cancel the debt still owed and require the home owner sign a promissory note at […]
Homes sales increased by 12% in El Paso County for the month of May when compared to April. There were 56 additional single family home sales in May 2010 when compared to May 2009 (6.7% increase). There were 508 fewer single family homes for sale in May 2009. As long as inventory levels are remain steady while […]
Home inventory increased by 40.5% for the month of May 2010 when compared to six months ago (December 2009). Compared to the previous month of April, there was a 7.8% increase in single family homes for sale. We are now in the busy season for real estate in Colorado Springs and can expect inventory levels […]