March 2009
Credit Scores Fact vs. Fiction
March 31, 2009 by kcolgin · Leave a Comment
Do you have questions about what is on your credit report? Give me a call. If I can’t answer the question as your Colorado Springs Real Estate Agent, I know someone who can!
Fiction: The credit score on my consumer credit report should be the same as the one the mortgage company returns.
Fact: When mortgage companies [...]
Interest rates are 4.85% for 30 year fixed, 4.75% for 15 year fixed and V.A. is at 5.0% for 30 year fixed.
March 31, 2009 by kcolgin · Leave a Comment
Last Week in Review
“IT REQUIRES A GREAT DEAL OF BOLDNESS AND A GREAT DEAL OF CAUTION TO MAKE A GREAT FORTUNE.” Ralph Waldo Emerson. And last week’s headlines contained a mix of items to inspire both boldness and caution. Here are the highlights.
Friday’s news showed that consumers are being understandably cautious with their finances, [...]
Colorado Springs Real Estate- Article from Time Magazine regarding real estate and stocks
March 27, 2009 by kcolgin · Leave a Comment
Waiting to Purchase Real Estate?
Sure, housing’s in a hole.
But there’s a potent case for buying now, whether it’s real estate or stocks!
Source: Article from Time Magazine
Famed Money Manager Peter Lynch is perhaps best known for his timeless wisdom that you can beat the pros by focusing on stocks of companies where you either work or [...]
Forbes Magazine Lists Colorado Springs as #10 in Best Places for Businesses and Careers
March 27, 2009 by kcolgin · Leave a Comment
The following article shows one of the many reasons that I love living in Colorado Springs and helping people find homes by working as their Colorado Springs Real Estate Agent.
The economy shed 651,000 jobs in February and 4.4 million since the recession began in December 2007. Only a handful of metro areas have escaped falling [...]
February 2009 Stats for Colorado Springs Real Estate
March 24, 2009 by kcolgin · Leave a Comment
February Stats – PPMLS all areas for Single Family and Patio Homes.
# of New Listings
1,312
# of Active Listings
4,996
# of Listings Sold
504
% of Active Listings Sold
10%
Total Sold Volume
$104,328,396
Median Price
$178,000
Average Price
$207,000
Sale to List Price Ratio
96.5%
Average Days on Market
96 Days
This representation is based in whole or in part on information from the Pikes Peak Realtor Services Corp or [...]
Mortgage Applications Rise Over 20%
March 19, 2009 by Alan · Leave a Comment
With rates at a low, wise buyers and home owners are both seeking to either snap up some outstanding deals or simply refinance and increase their effective income.
“Raw mortgage application volume rose 21.2 percent for the week ending March 13, according to a survey published Wednesday by the Mortgage Bankers Association. It was the second [...]
Department of Veterans Affairs with Department of Defense to build new Health Care Center in Colorado Springs
March 18, 2009 by kcolgin · Leave a Comment
This is excellent news for Colorado’s 426,000 Veterans, not only will there finally be a new VA Hospital in Denver, but Colorado Springs will be receiving a new ambulatory and same day surgery center for both military retiree’s and active duty. Here are some details.
“… Secretary of Veterans Affairs Eric K. Shinseki announced today [...]
Colorado Springs – Mountain Living
March 18, 2009 by kcolgin · Leave a Comment
Close to town or up the hills, you’re steps from nature whereever you pitch camp in the Pikes Peak region.
Dick Bratton’s rustic house in the small town of Green Mountain Falls sits hidden behind a stand of ponderosa pines. Nearby, Catamount Creek splashes boisterously on its way downhill.
Fifteen miles to the east, Karin White lives [...]
Suze Orman on Buying and Selling Real Estate
March 18, 2009 by kcolgin · Leave a Comment
Suzy Orman gives her view on TODAY’s!! real estate market. Her advice for buyers is to take advantage of today’s market and for sellers to stop looking living in the past.
Watch Now
[youtube A5nsCkPetw4 nolink]
Colorado Springs – Welcome to the Great Outdoors
March 17, 2009 by kcolgin · Leave a Comment
Thousands of acres of parkland open the Pikes Peak region to hikers, climbers, cyclists, anglers, and more.
In the Pikes Peak region, “city park” takes on a whole new meaning. Children’s playgrounds welcome to the sit in full view of one of the world’s most famous mountains. Picnic tables perch near the banks of bubbling streams. [...]
