We are in Southern California for the Thanksgiving holiday this year. Being transplanted from Northern California back in 1991, we don’t go back super often. But when we do, I am usually reminded of some of the many reasons we made the move so many years ago. Here are just a few of things that [...]
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The votes have been counted, and the sky is not falling after all. The way this year’s election campaigns have tried to position things, you’d think the world as we know it was about to end in Colorado Springs! The truth is, it will probably feel a lot more like “business as usual”. While the governor’s [...] There are so many studies and surveys that rank cities, and Colorado Springs always seems to be pretty high on the lists. This particular list is interesting however, in that it is a list of the Best Housing Markets for Investors. This ties into a discussion some of us agents were having yesterday about renting [...] The feared ‘double dip’ housing recession may have arrived. August 2010 single family home sales in Colorado Springs dropped for the 2nd month in a row compared to the prior year, by 22.8% at 688 homes. Year to date sales are now even with last year, but assuming the current trend of year to year declines [...] There a seasonality to the Colorado Springs real estate market. Our Spring / Summer season tends to be when we see the most closings (in part because is Spring is when many of them go under contract and is the ‘relocation season’). Winter tends to be our slowest season. There is a short period [...] I am really not a fan of bad news, but sometimes it just has to be told. July 2010 home sales in Colorado Springs is one of those bad news stories. At only 713 sales, we were down 24.6% from last July, which was not a great month to begin with. This was something we [...] We just returned home to Colorado Springs from a trip to Michigan for my mother’s memorial service and a little vacation. While it was great to see all of my family, and I enjoyed some things we can’t do here (like body surfing in Lake Michigan), it was so good to get home. The lower [...] Yes, I know the 4th of July was yesterday. But if I was a day late wishing you a Happy Birthday, you’d still take it it, wouldn’t you? The 4th has always been special to me here in Colorado Springs. When we first moved here 19 years ago, we were so impressed with how the [...] Mortgage interest rates came close to hitting a record low last week. All the junk going on in Europe with Greece and Hungary’s financial situations has made US mortgage backed securities more attractive apparently, and the result is some incredibly low mortgage interest rates. But not as many buyers are taking advantage of them. There [...] Many in the real estate industry are holding their collective breath to see what comes next after this Friday’s expiration of the First Time Home Buyers Tax Credit. While some thought it would be extended, the reality is that the Federal government has got to back off from its assumed role as rescuer of the [...] |
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