Home inventory levels have increased by 24.3% for the month of May when compared to six months ago. There was also an increase in home inventory when comparing to the previous month of April. The inventory levels are still low, resulting in an improved real estate market in Colorado Springs. In May 2012, there were only 40 […]
Home sales increased in El Paso County by 19.5% for the month of May when compared to the previous month of April which isn’t surprising since we are in the busy season of real estate for Colorado Springs. Compared this time last year, single family home sales are 20% higher. There were 189 fewer single family […]
Many sellers assume they are eligible for a short sale without speaking to their bank first. Home sellers with an FHA loan need to be aware of a factor that may not allow them to short sale their property. Home owners who rented out their property for 18 months or more are not eligible for […]
The real estate market in Colorado Springs is picking up and the fix and flip market is coming alive again. Investors are looking for a deal, with the competition among other buyers and home prices on the rise, the bargains are a little tougher to come by. If nicely done, fix and flips don’t last. […]