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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, [...] Colorado Springs home sales were up 11.9% in July 2011 over July 2010. While prices remained soft (down 5.2%), this was the first year to year increase in some time. The 90th percentile was $390,000, and 17.4% of sales were disclosed as ‘distressed’ in some fashion (bank owned, short sale, etc). The inventory of unsold [...] June homes sales in Colorado Springs were off from last year – but not by much. Sales were off 4.7% from June of 2010 at 871 units. Prices were soft however, with the average down 9.0% and the median down 9.8% at $185,000. Going forward, year to year comparisons are expected to improve, as June [...] May home sales in Colorado Springs saw a 9.8% decline over 2010. The Colorado Springs real estate market has taken somewhat of a beating, with both sales and prices dropping. The average single family home price was off 8.4%, at $213,211. Some of this decline has been expected, as May of 2010 included many buyers [...] I got a sobering call from a former client this morning. They had been hit hard by this recession, including job loss, divorce, and ultimately foreclosure on their home. They had to leave Colorado Springs for work, and settled in the Denver area where the job market is larger. Happily, things are looking up, life [...] |
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