Many homeowners who purchased a home in Colorado Springs between 2009 and 2010 benefited from the most recent tax credit of $8,000 ($6,500 for long-time residents) and those who were active duty in the military, had a one year extension (April 30, 2011). A lot can change in a couple of years and many homeowners […]
Buyers now are aware that there isn’t anything short about a short sale when it comes to waiting for bank approval. Many banks have taken steps to expedite the process but let’s face it, short sales take time. Buyers who have flexible living arrangements and have time to wait have more of an advantage over […]
Home buyers looking for a new home near military installments of Colorado Springs, may want to consider Lorson Ranch. Lorson Ranch is located east of Marksheffel Rd, off of Fontaine Blvd in the Fountain Valley area. Lorson Ranch is near Fort Carson Army Base, Shriever Air Force Base, and Peterson Air Force Base. The subdivision […]
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) […]
Home sales increased by 8.4% in El Paso County for the month of April when compared to March and sales were 4.8% higher when compared to April 2011. There were 36 additional single family home sales in April 2012 when compared to April 2011. There were also an additional 1,197 single family homes for sale in April 2011. Inventory […]
Home inventory levels have decreased by 7.7% for the month of April when compared to six months ago. Compared to the previous month of March, there was a very slight increase in single family homes for sale. In April 2011, single family Inventory in the Pikes Peak MLS was considerably higher. Compared to this time last year, […]
The inventory in Colorado Springs has dropped considerably compared to previous years. There are around 3,000 single family homes actively for sale right now in El Paso County and less than 1,500 homes for sale below $250,000. There are also 1,200 fewer single family homes on the market than this time last year. Buyers recognize […]
I was showing a home to a buyer recently and the seller happened to be present. I mentioned to the homeowner that one of the streets leading to her home was missing from the directions that were listed in the MLS. Since she had not reviewed the listing information for her home, she requested I […]
There is no doubt about it, short sales can be difficult when you are the owner. The banks require an enormous amount of information and paperwork from the seller and a short sale transaction can take time to complete. When you reach the end, as a seller, you are happy the short sale is closed […]
SOLD! This lovely home is warm, inviting, and bright! It is located on a private lot and cul-de-sac, surrounded by mature trees. Hardwood flooring and vaulted ceilings greet you as you enter the living room. The kitchen has been updated with stainless steel appliances, tile flooring and backsplash. A spiral staircase leads up to the […]