Home sales in Colorado Springs ticked up again in January, by 3% over January of 2011. The inventory of unsold homes also shrunk, to only 3,156 homes, a 10 year low. The bad news was that prices also shrunk, with the average down 2.9% from 2011 and the median down 4.3%. The lower prices are [...]
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When newcomers ask me about renting a house in Colorado Springs, it makes me smile a little inside, because once more begins the age old question of rent vs buy. Don’t get me wrong, renting is the best answer for some people based on factors that go way beyond just the financial issues. Some people [...] With a new year comes new hope. Sometimes that hope is even based on fact, which is the case for the Colorado Springs real estate market. Those facts are: Homes sales for December were up 3.5% from last year, the 6th consecutive monthly increase. The inventory of unsold homes in December was down a whopping [...] November Colorado Springs home sales were up 19.2%, the 5th consecutive month of double digit increases over 2010. Is the housing recession over? Maybe. Interest rates under 4% are sure helping sales, and any major changes in that department could derail things, but so far, so good. Recent Colorado Springs employment news has been strong, [...] Finding the Best Secure Storage Facilities – A guest blog by Matt Schexnayder Going off to college? Moving to a new city? Need to store your ‘excess baggage’ while marketing your home? Maybe you’ve been relocated for your job. Whatever the reason, the question of what to do with your belongings will come up. One [...] October 2011 Colorado Springs home sales were up 20.1% over 2010, making it the 2nd best October since 2006. The good new was tempered by prices that remain soft, with the average and the median both down 7.8% and 7.5% respectively. Low interest rates and a recovering local economy are both factors in the highers [...] A Guest Blog by Matt Polsky. Matt Polsky is the Senior Editor of Smart Military Money, a personal finance blog specifically for veterans and service members. VA Home Loans for Veterans and Service Members Veteran’s Day rooted from Woodrow Wilson declaring Armistice Day on November 11th, 1919, following the infamous Treaty of Versailles. Wilson [...] Home sales in Colorado Springs have now improved 3 months in a row when compared with 2010. While prices remain soft (September was down 5.2% or 4%, depending on whether you compare the average or the median), year-to-date sales are now ahead of last year as well. The inventory of unsold homes has dropped [...] Single family home sales in Colorado Springs took a big jump in August over 2010, with sales up 20.9% over August of 2010. The inventory of unsold home also dropped 23.5%, as buyers took advantage of low interest rates, while sellers wait on the sidelines for better prices. The average price was down 10% from [...] The money markets responded to this week’s increase in the debt ceiling of the US government by selling off stocks, and driving mortgage rates even lower than the almost records lows they’ve been at. How low can they go? With 30 year fixed rate mortgages running in the 4′s almost the whole summer, my guess, [...] |
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