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 city [...]
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The most frequently asked question I hear these days is, ‘How’s the market now the tax credit program is over?’ This is a really good question. While I’ve been very busy, the fact is, showing traffic is down, and I’ve had fewer calls from first time home buyers. This will be a busy closing week, [...] 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 [...] 1978 was a very good year, at least from an environmental standpoint. That was the year they quit using lead based paint in homes, fondly referred to as LBP by some of us in the business of selling houses. 2010 will be another important year, and April 22 may be one of those dates that [...] Colorado Springs has a budget problem. Yawn. So does about every city, state and county in the country. The Federal government is about the only entity out there than can just print or borrow money when they are short. For those living in Colorado Springs, there are also some other issues however. 1. Every government entity in [...] The $8,000 First Time Home Buyer Tax Credit ($6500 for others who qualify) has created a little bit of a dilemma for Colorado Springs home builders (or for that matter, all builders, nationwide). With the housing recession not fully over, many have been either unwilling or unable to build a lot of inventory homes. After all, [...] Colorado Springs is doing what hundreds of cities across America are doing – trying to come up with either cost savings or revenue sources. One of the discussions that has begun here is the potential sale of the city owned Memorial Hospital system. A citizens committee will be discussing this over the next few months, [...] We’ve seen some nice activity in the Colorado Springs real estate market from the current First Time Home Buyer Tax Credit program, but the new tax credit program should be even better. Here is a link to the IRS writeup on the new program. The results are in, and Colorado Springs voters have taken a hard line against any kind of increase, or even maintenance of city tax revenue. We are a little famous for being very anti-tax here, so in some ways this should be no surprise. However, it does present some ‘interesting’ decisions for the city council, [...] Many cities in the country had Tax Day tea parties yesterday, and Colorado Springs was no exception. Friends who attended the festivities in Acacia Park were impressed with how smooth it all went. Conservatives protesting in the public square isn’t something you see every day, if they had been rowdy about it I guess [...] |
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