Latest from Patricia
Market reports, buying and selling advice, and notes on Colorado Springs neighborhoods since 2008.
September 15, 2008 · Buying
FHA currently requires a minimum down payment of 3% from home buyers and beginning January 1, 2009, FHA will increase the requirement to 3.5%. If you are in the process of purchasing a home in Colorado Springs, the loan…
September 15, 2008 · Selling
The condition of your Colorado Springs Home could be another reason your home expired. There is competition among sellers in Colorado Springs when over 6,000 single family homes are for sale in El Paso County. If your…
September 11, 2008 · Market reports
Homes sales dropped by 12% in El Paso County for the month of August when compared to the previous month of July. Although total single family home sales dropped, the inventory for single family homes in the Pikes Peak…
September 11, 2008 · Market reports
Home inventory decreased by 4.1% for the month of August when compared to June 2008. Single Family Home Inventory in the Pikes Peak MLS has increased by 17% when comparing August 2008 to January 2008. We had the highest…
September 10, 2008 · Selling
You worked hard to get your home ready to list and kept it clean for showings. Here you are months later and your home never sold and may not even had many showings either. You're probably thinking, all this work for…
September 4, 2008 · Selling
One very important question sellers in Colorado Springs have to ask themselves before listing their home for sale is: "It is more important that I sell my home for top dollar or that I sell my home quickly?" If your home…
September 3, 2008 · Selling
There have been many instances in Colorado Springs where vacant homes have been broken into or where people have been found occupying a vacant home without the owner's permission. If you have a Colorado Springs home for…
September 3, 2008 · Selling
Open houses do not always sell homes but they do expose your home and let others know it is actively for sale. It is the job of your Colorado Springs Realtor to do get people to the open house but it is the sellers' job…
September 1, 2008 · Buying
Most lenders require a down payment in order to obtain a mortgage for a home in Colorado Springs. FHA loans only require 3% down from the buyer unlike many conventional loan products that require at least 10% down. Many…
September 1, 2008 · Buying
There are many bank owned properties for sale in the Colorado Springs area and many buyers are seeking bank owned properties that are offered below market values in Colorado Springs. If you purchase a bank owned…
August 29, 2008 · Selling
Many sellers try to justify overpricing their home because it has more upgrades, remodels, or just looks nicer than the others in the neighborhood. Many buyers actually consider the price of the home to be one of the…
August 23, 2008 · Market reports
The Stetson Hills subdivision is located just east of Powers in Colorado Springs. The real estate market is very active in this area of Colorado Springs and there are 4.35 months of home inventory in Stetson Hills. There…
