There are various inspections buyers can have performed when purchasing a home in Colorado Springs. Many home buyers choose to have a general home inspection but overlook something they cannot see, the sewer line. Buyers do not want to deal with a sewer backup after moving in. General home inspectors do not evaluate the condition […]
Many home buyers have made a 5-piece master bathroom one of their requirements when searching for a home in Colorado Springs. In recent years, many homeowners who remodel their master bathroom are removing the tub in exchange for a larger shower. The absence of a tub allows for more space to work with when […]
The walk through is one of the last steps in the buying process of buying a home in Colorado Springs. It is not uncommon for buyers to schedule their walk through of the home they are purchasing the day of closing and in many instances, immediately before closing. If nothing goes wrong, a walk through right […]
Home sales increased in El Paso County by 8.9% for the month of July when compared to the previous month of June. Compared this time last year, single family home sales are 23% higher. There were 229 fewer single family home sales in July 2012. Compared to the previous month of June, the average sales […]
Home inventory levels have increased by 36.3% for the month of July when compared to six months ago. There was also an increase in home inventory when comparing to the previous month of June. The inventory levels are climbing again as are home sales in Colorado Springs. In July 2012, there were 433 fewer homes […]
Home sales decreased in El Paso County by .9% for the month of June when compared to the previous month of May. Compared this time last year, single family home sales are 30% higher. There were 258 fewer single family home sales in June 2012. Compared to the previous month of May, the average sales price ($255,590) and […]
Home inventory levels have increased by 32% for the month of June when compared to six months ago. There was also an increase in home inventory when comparing to the previous month of May. The inventory levels are still low, resulting in an improved real estate market in Colorado Springs. In June 2012, there were […]
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 […]