Market Report for Greenbriar Park May – July 2008 Absorption Rate: 8.25 Months List Price vs. Sale Price Ratio: 96.1% Average List Price in Greenbriar Park: $235,536 Providing real estate information and services for Colorado Springs home buyers and sellers.
Many sellers, especially women who are eager to sell their home often become emotional once their home goes under contract. Allowing our emotions to take over during the selling process can cause serious problems during the transaction and even cause a home not to be sold as a result. Generally, men are less emotionally attached […]
The Housing Stimulus Bill (The Housing and Economic Recovery Act of 2008) recently signed by President Bush, is expected to alleviate some of the turmoil surrounding the foreclosures bombarding the current real estate market in many areas around the nation. The Housing Stimulus Bill entails many provisions and I will include only a few of […]
QUARTERLY MARKET REPORT FOR VISTA MESA – COLORADO SPRINGSMAY 2008- July 2008 Absorption Rate: 2.6 Months List Price vs. Sale Price Ratio: 96.9% Average List Price in Wagon Trails: $312,266 Search the Pikes Peak MLS To find out more about Colorado Springs Realty and the Colorado Springs Area contact me or visit my website.
The Old North End is known for it’s tree lined streets and Victorian Homes in the central area of Colorado Springs. Many home buyers who like the West side of Colorado Springs and enjoy being a little closer to the mountains, can find Victorian homes in Old Colorado City as well. In fact, “Victorian” refers to an era […]
Single family home sales in June varied by area as can be seen in the pie chart above. The Powers area had more single family home sales in June 2008 than any other area of Colorado Springs. The Northeast and Briargate areas also had a large percentage of the total single family home sales in Colorado […]
The area of Briargate is located in school district 20 in the northern area of Colorado Springs. Homeowners in this area have access to shopping, several parks, and golf courses. Homes in Briargate offer beautiful mountain views and many Cul-de-Sac neighborhoods. Below is a graph of home sales in the Briargate area from 2001-2007; home sales […]
With financing regulations tightening up in the mortgage industry, many buyers ask if it is still possible to purchase a home in Colorado Springs with zero down. Due to the sub prime mortgage mess, many of loan products are no longer available to buyers such as the 80/20 or 100% financing options. There are options […]
If you are looking to purchase a home in Colorado Springs it is best to avoid making any large purchases. Having inquiries on your credit and increased debt as a result of buying a new car can affect your credit score. If your credit score drops as a result of making an expensive purchase, you may not […]
Many buyers are reluctant to step into the market to begin looking for a home in Colorado Springs and are waiting for prices to drop even more. Although house prices are a factor, don’t forget about interest rates. Interest rates are expected to climb and a buying a house with a higher interest rate can […]