Real Estate Information Archive


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Avoid Foreclosure in Colorado Springs

by Alan Daniels

Avoiding Colorado Springs ForeclosureForeclosures in Colorado Springs are at an all time high.  No area is immune.  Chances are someone you know in Colorado Springs and surrounding areas is facing the possibility of foreclosure.  It is important to know that they are not alone.  Today, 1 out of every 10 homeowners in America is behind on mortgage payments. These are tough and frustrating times. Now more than ever, it's important to identify the available options. Foreclosure can be avoided, credit can be saved, and financial futures can be salvaged.

An even more staggering statistic is that more than 7 out of every 10 foreclosures (bank seizures) occur without the homeowner ever seeking professional intervention.

There are a number of options available to Colorado Springs families facing foreclosure.  See some of the options below:

  1. Reinstatement
  2. Forbearance or Repayment Plan
  3. Mortgage Modification
  4. Rent the Property
  5. Deed in Lieu of Foreclosure
  6. Bankruptcy
  7. Refinance
  8. Servicemembers Civil Relief Act (military personnel only)
  9. Sell the Property
  10. Short Sale

There are ways to avoid foreclosure in Colorado Springs and surrounding areas.  Contact a Certified Distressed Property Expert to find out.

Colorado Springs Traffic Rankings

by Alan Daniels

Colorado Springs Traffic

The lack of traffic in Colorado Springs is yet another benifit of what the city has to offer.  As one of America's top 100 congested metro areas, Colorado Springs ranks 91st for the second year in a row.  Los Angelos, CA takes first place for worst traffic according to this report compiled by INRIX, a provider of traffic and navigation services.  New York City and Chicago followed in the number 2 and 3 position. These congestion rankings are based only on travel during weekday peak driving times (6AM-10AM and 3PM-7PM).  It is great we can enjoy the benefits of living in one of America's 100 largest cities without the major traffic issues that follow.

Colorado Springs Real Estate Stats - August 2009

by Alan Daniels

Colorado Springs Real EstateBelow are some great Colorado Springs real estate stats for El Paso County.  You will find that homes priced under $250,000 are moving very well with an average supply of 3-6 months.  The supply rises drastically as listing prices goes up.  The first time home buyer tax credit and flux of new home buyers is adding to this trend in the lower price ranges.

Colorado Springs Real Estate Stats - Listing Supply By Price - August 2009

Colorado Springs Real Estate Stats - Aug 2009

 Colorado Springs Real Estate Stats - Listings Sold By Price - August 2009

Colorado Springs Real Estate Solds Stats

Home Buyer Tax Credit Expires Soon

by Alan Daniels

First Time Homebuyer Tax Credit

The Countdown Continues! 

The $8,000 first time home buyers tax credit ends November 30.  There is still time to close if you are eligible for the tax credit.  Contact your Realtor to discuss your plans of closing before the expiration date.


Displaying blog entries 1-4 of 4





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