Rocky Mountain Community Land Trust (RMCLT) is a non-profit organization located in Colorado Springs to help make the American dream a reality for people who could not otherwise own a home. Properties include single family homes, townhomes, and condos in various areas of Colorado Springs and El Paso County. Income limitations for this affordable housing […]
Since April 22, 2010, licensed contractors are required to be certified renovators in lead-safe work practices if they do any repair or renovation involving lead-based paint.This includes disturbing the paint (sanding, scraping, prepping, etc…) in properties (i.e. homes, child-care facilities) built before 1978.An individual would not be considered to be disturbing the paint (forming dust) […]
Homes sales decreased by 3.5% in El Paso County for the month of August when compared to July. There were 203 fewer single family home sales in August 2010 when compared to August 2009 (22.7% decrease). There were 799 fewer single family homes for sale in August 2009 as well. Home sales are typically lower in […]
Home inventory increased by 22.3% for the month of August 2010 when compared to six months ago (March 2010). Compared to the previous month of July, there was a slight decrease of 2% in single family homes for sale. We are now entering the slower season for real estate in Colorado Springs and can expect inventory […]
Home inventory increased by 36.5% for the month of July 2010 when compared to six months ago (February 2010). Compared to the previous month of June, there was a slight increase of .6% in single family homes for sale. We are now in the busy season for real estate in Colorado Springs and can expect inventory levels to […]
Homes sales decreased by 21.9% in El Paso County for the month of July when compared to June. There were 233 fewer single family home sales in July 2010 when compared to July 2009 (24.6% decrease). There were 820 fewer single family homes for sale in July 2009. The dip in single family home sales may be a […]
Homes sales increased by 2.8% in El Paso County for the month of June when compared to May. There were 40 additional single family home sales in June 2010 when compared to June 2009 (4.6% increase). There were 791 fewer single family homes for sale in June 2009. As long as inventory levels are remain steady while […]
Home inventory increased by 43.7% for the month of June 2010 when compared to six months ago (January 2010). Compared to the previous month of May, there was a 6.6% 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 […]
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 […]