What Is a Hot Housing Market in Colorado Springs?
If you have been looking to purchase a home in 2021, you have probably been told that you are in a “hot housing market” and to be ready for a long wait or fierce competition. What exactly is a hot…
Investment Property Rule Change!
Investment Property Rule Change! Fannie and Freddie are limiting the number of second home and investment properties they have in their portfolios. That means in markets like Colorado Springs you are likely to see a calming of the housing price…
Buy Your Colorado Springs Home Using a 203(k) Loan
If you love the charm and character of older homes but don’t want to live in a construction zone as your DIY, consider using a 203(k) loan to purchase the fixer upper of your dreams. Learn how to use a…
Redfin Reports a Record 39% of Homes Sold Above List Price – what about Colorado Springs?
Redfin Reports a Record 39% of Homes Sold Above List Price By Redfin - TownNews.com Content Exchange SEATTLE, March 26, 2021 /PRNewswire/ -- (NASDAQ: RDFN) —The median home-sale price increased 16% year over year to $331,590—an all-time high—according to a new report from Redfin…
Is Colorado Springs a Sellers Market?
Is Colorado Springs a Sellers Market? What does that mean to you? If you’ve given even a casual thought to selling your house in the near future, this is the time to really think seriously about making a move. Here’s why this…
Rates are largely driven by market reports…
Rates are largely driven by market reports - this weeks economic reports are below - 3/29/2021 - 4/2/2021
Double whammy for housing in February…
MBS Road Signs 3-29-21 Low temperatures and low inventory were a double whammy for housing in February, as sales of existing homes fell 6.6% while new home sales plunged 18.2% from January. However, sales of both new and existing homes…
Are Foreclosures coming?
60,000 buyers - 519 houses - rising lumber prices - potential foreclosures on the horizon What does this mean to you?
Housing in Colorado Springs – What are Duplexes, Triplexes, and Quads?
When you think of housing in Colorado Springs, you probably imagine a structure that fits your needs and exudes your personal style. Maybe it has a large yard or maybe it is more urban. No matter what kind of home…
