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Displaying blog entries 11-20 of 52

24% of Recent Homebuyers Are Single

by Alan Daniels

Singles are not waiting to buy their dream home in Colorado Springs.  Checkout the national averages for recent home buyers nationally.

Click Here to start your home search now.

Mortgage Requirements Eased!

by Alan Daniels

Mortgage requirements have eased while many potential home buyers believe they can't qualify for a mortgage and don't even try.  The biggest confusion is what credit score is necessary to qualify for a home loan.  A recent survey reported that two-thirds of the respondents believe they need a very good credit score to buy a home with 45% thinking a "good credit score" is over 780.  The actual numbers show the required credit score is much lower and has been dropping over the last several months (according to Ellie Mae).

Colorado Springs Mortgage Credit Score

If you are one of the many who are considering a home purchase you may be surprised on your ability to acquire a mortgage.  Contact us today to simplify this for you and discuss your options.

Mortgage Rate Increase!

by Alan Daniels

There are countless forecasts that the interest rates are going to rise in 2016.   It is important to consider what rates will do if you are planning on purchasing a home in 2016 or beyond.  Below is a chart showing the forecasted rate increase which could impact your purchase power when buying a home.

Colorado Springs Mortgage Rates 2016

Now that you see where rates are forecasted to be here is a table showing how interest rates would impact the purchasing power of a prospective buyer on a $300,000 home.

Easy to see that if you are considering a home purchase, purchasing sooner rather than later will most likely make more sense financially over time.  Contact us today to put a 2016 plan together for you.

Broadmoor Homes For Sale

Million Dollar Monday - Check out this $3 million historic estate in the Broadmoor on 9 acres of pristine land with incredible views of the mountains and golf course.  This property was once a well known polo club near the prestigious Broadmoor and still caries the charm and characteristics.

Home Details:Broadmoor Homes For Sale - Real Estate

  • Over 6, 000 square feet
  • 9.07 acres of dream land in the coveted Broadmoor area
  • 4 Bedrooms, 5 baths, 3 car garage
  • Once a well known polo club
  • 52 Marland Road

Curious on what $3 million will buy in the Broadmoor area of Colorado Springs?   Click here to view all of the photos and details on this property instantly.

Broadmoor Homes For Sale - Real Estate

Why Real Estate will Build Your Family Wealth Over The Next 5 Years

by Alan Daniels

The economy has been improving and Americans personal financial situations have also improved.  Many are now beginning to save and find the best ways to build their net worth.  Real estate is one of the top ways to dramatically increase your family's wealth.  

Take a look at this example based on market forecasts where a young couple purchases a home for $250,000 and makes over $42,000 in potential growth in family wealth over the next five years.  Definitively blows away renting while your landlord increases their wealth on this principle.

Next step is buying real estate as investments where you can multiply this increase in personal wealth.  Want to see what is available in your price range for a personal residence or investment?  Click Here to view all Colorado Springs homes for sale

Must Know Home Buying Myths

by Alan Daniels

Contact us today to get started.

Million Dollar Monday - Incredible Flying Horse Luxury Home

by Alan Daniels

Flying Horse Homes For Sale

Million Dollar Monday - Check out this $3.49 million Estate in the wonderful gated community within Flying Horse  in northern Colorado Springs.  As one of Colorado's premier resort communities Flying Flying Horse Homes For Sale 2Horse boasts a Tom Weiskopf 18 hole championship golf course and world class facility for aquatics, dining, social activities, fitness center and more.

Home Details:

  • Over 10, 000 square feet
  • 1.16acre dream site in gated community of Flying Horse with massive Front Range Views
  • 5 Bedrooms, 9 baths, 4 car garage
  • Private Guest Cottage with second kitchen
  • 1814 Vine Cliff Heights

Features include: Mediterranean Architecture leads you into an awe inspiring entry with travertine water feature and Roman vaulted ceilings which opens to a stunning great room with huge ceilings, doublesided limestone fireplace and a wall of windows overlooking the Flying Horse Resort.  The folding window wall opens to an outdoor extension to enjoy...

Curious on what $3.49 million will buy in the Flying Horse area of Colorado Springs?   Click here to view all of the photos and details on this property instantly.

Flying Horse Real Estate

Colorado Springs Real Estate Market Stats - September

by Alan Daniels

Checkout these Colorado Springs Market Stats (El Paso County and Teller County).

  • New Listings were up 3.3 percent for single family-patio homes but decreased 9.0 percent for townhouse-condo properties.
  • Pending Sales increased 80.1 percent for single family-patio homes and 66.2 percent for townhouse-condo properties.
  • The Median Sales Price was up 7.6 percent to $242,050 for single family-patio homes and 6.3 percent to $159,500 for townhouse- condo properties.
  • Days on Market decreased 15.7 percent for single family-patio homes and 17.1 percent for townhouse-condo properties.

With positive economic news coming from many angles, there are no imminent factors to prepare for beyond the typical seasonal drop-off. From the months of market-analyzing pundits, we are in the midst of one of the healthiest housing markets in the past 15 years. The one thing we were anticipating in September, an increase in interest rates, did not happen. It most likely will before year's end. Until then, get out and enjoy the season.  Be sure to download the Free Detailed Reports below.

Click below to Download The Free Reports!

Free Colorado Springs Market Stats Report

Free Colorado Springs Market Stats Report By MLS Area

 

 

 

 

 

 

 

 

 

New Home Community in Monument - Forest Lakes

by Alan Daniels

Forest Lakes Homes For Sale in Monument, CO​Forest Lakes is one of the newest communities in Monument, Colorado where construction is just beginning.  This wonderful community has a phenomenal location just West of I-25 off Baptist Road and boasts approximately 1,000 acres nestled next to Pikes Peak National Forest.  Some properties will have lake views

Forest Lake Specs:

Decline in Colorado Springs Foreclosures

by Alan Daniels

​Colorado Springs Foreclosures are down 11% from last month according to an article in The Gazette and are on a roll to be at the lowest level in 14 years.  This is a great sign for the market and is a product of the much improved Colorado Springs real estate market.  A better job market, increased property values, lack of supply, and increase in housing demand are the main reasons for this great news.  

This is great news for homeowners trying to avoid foreclosure who are listing homes with Colorado Springs Short Sale Agents.  Short sales are still hitting the market but the number has gone down following the trend of foreclosures.

This is bad news for investors trying to find Colorado Springs Foreclosures and Short Sales but if they use the right tools to get a jump on listings they should have a chance.

Resources and Tools:

 

Displaying blog entries 11-20 of 52

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