Blog
8066 Fort Smith Road – $250,000.00! – SOLD!
September 13, 2011 by jjensen · Leave a Comment
Fabulous 6 bedroom, 3 bath home with over 3500 sf! This ranch style home boasts open floor plan with arched doorway from entry, kitchen with wood, counterbar, large pantry, and opens into great room with fireplace and walk-out! Dining room with bay window. Large laundry room with cabinets, 3 car garage.
Don’t miss this one!
Consumers: Rather Than Sitting on the Fence …Why Not Own It?
August 16, 2011 by jjensen · Leave a Comment
ERA Shields Real Estate Offers Market Insights to Colorado Springs
Consumers: Rather Than Sitting on the Fence …Why Not Own It?
Colorado Springs, CO (August 16, 2011) –
Bill Hurt Owner/CEO of ERA Shields Real Estate, a leading real estate brokerage serving the greater Colorado Springs area, has never witnessed real estate market conditions quite like what we are experiencing today. Hurt offers the following insights for consumers considering buying a home.
Homes Are More Affordable
– Current housing prices are down 27% on average across the nation from peak values five years ago according to the Freddie Mac House Price Index (June 2006 to March 2011), and the national housing affordability index continues to hover at record levels.
Rates Are Low
– At 4.32%, 30-year fixed mortgage interest rates remain near historical lows, based on an average 30-year fixed mortgage rate with an average 0.7 point as shown in the Primary Mortgage Market Survey ® data according to Freddie Mac as of August 11, 2011.
Timing is Everything
– Conforming loan limits are currently scheduled to be reduced on Oct. 1, 2011, which will decrease the availability and affordability of mortgage credit for many home buyers in 42 states, based on new loan limits published by FHFA and HUD.
Homeownership is Still the American Dream
– Nearly nine in 10 Americans say homeownership is an important part of the American Dream, according to a New York Times/CBS News poll, conducted June 24-28, 2011.
Financing is Available
– Today’s borrower needs to have stable employment of at least two years; sufficient income to cover the monthly mortgage payment and living expenses; adequate savings to make at least a 3.5% down payment; and, in general, a credit score of at least 620. If you meet these basic requirements and plan to live in the home, you may be well on your way. Note: FHA requires a minimum 3.5% down payment; conventional mortgages will typically require a down payment of 5% or more. FICO score minimums may be higher or lower depending on loan type, income history, property type and other factors.
“Now may well be the time to make your move,” said Hurt.
“If a home purchase is in your future plans, I would encourage you to talk to one of our professional real estate agents because now may be the time for you to act. There is ample inventory on the market for you to capture that dream home you have always wanted at a price and terms you can handle. “But don’t wait too long, because mortgage rates and home prices won’t stay this low forever.” Find your perfect home along with a mortgage that meets your needs with the help of our outstanding affiliated sales professionals.
To learn more about ERA Shields Real Estate, please contact them directly at 719.593.1000 or visit www.ERAShields.com.
About ERA Real Estate
ERA Real Estate is an innovative franchising leader in the residential real estate industry with nearly 40 years of experience in developing consumer-oriented products and services. The ERA® network includes approximately 30,000 brokers and sales associates and approximately 2,500 offices throughout the United States and 40 countries and territories around the world.
Each office is independently owned and operated. ERA Real Estate is a subsidiary of Realogy Corporation, a global provider of real estate and relocation services. ERA Real Estate information is available at:
ERA.com.
8640 Roaring Fork Road – $300,000.00! – SOLD!
Fabulous 4 Bedroom, 3 Bath Ranch with main level living and open floor plan! This home is immaculate and boasts a large great room with vaulted ceiling, gorgeous picture window, built-in’s, wired for surround sound, and a cozy fireplace for those cool Colorado evenings! This great kitchen is made for entertaining family and friends with a large center island, breakfast bar, stainless appliances, hardwood flooring and is open to the great room. The large kitchen nook area walks out to the back patio. There is a wonderful formal dining area for those special family gatherings which has access to the kitchen. Main floor master is bright and cheery with large bay window, large walk-in closet with shelving. Master bath with dual vanity, free-standing shower and vanity/make up area.
Awesome recreation room with fireplace, built-in cabinets and nooks, wet bar with built-in wine rack, refrigerator, and loads of cabinets! There is plenty of space for all of your games and toys!
This home has it all, air conditioning, lush landscaping, fenced backyard, 6-panel doors, vaulted ceilings, columns and arches, 3-car attached garage with heater, lots of storage area, 2 fireplaces, and much more!
3781 Mountain Dance Drive – $799,900.00! – SOLD!
July 6, 2011 by jjensen · Leave a Comment
Luxury and style in this 2-story, 4 bedroom, 4 bath home in High Forest Ranch! With almost 5,000 sf and extensive upgrades to include, wood, stone, beamed ceilings, granite, and stainless appliances, this home will delight and amaze you.
Open and bright floor plan with main level master suite, 5-piece bath, and walk-out to deck. Gourmet kitchen with granite, stainless appliances, large center island with counter bar and gas cook top. Large kitchen nook area with wall of windows!
Living room with stone fireplace and built-ins, wood floor, vaulted ceiling and walk-out to deck. Formal dining room with wall of windows, lower level family room with wet bar, fireplace, game room, pool table room, and walk-out to gorgeous patio with views and two water features!!
Fantastic upper level which would be great for quest/kids retreat. Extensive landscaping making perfect spaces to enjoy the great outdoors with family and friends!
3 car attached garage and additional oversized 2 car garage + shop area.
This one you will not want to miss!
Crime Rate in Colorado Springs
June 20, 2011 by jjensen · Leave a Comment
Colorado Springs is a relatively safe place to live. In all of the domestic areas there are crime rates these crime rates show that on a 100 percent scale, 100 being the safest we are in the to 77 percent.
All of the neighborhoods are 77 percent or higher. The Broadmoor area is one of the safest to be in, it is at 90 percent.
This rate is figured out on average how many crimes are reported in area. The main crimes that make up this rate are homes that get broken into.
If you would like to see more please check out: http://www.neighborhoodscout.com/co/colorado-springs/crime/
New Jobs in the Springs!
June 12, 2011 by jjensen · Leave a Comment
A company has increased job opportunities for locals in Colorado Springs. Entegris is a computer company that helps to manufacture silicon chips. They are attempting to help create a well skilled work force in the company and help Colorado Springs with its unemployment percentages.
This is just evidence that Colorado Springs is a great place to live and has plenty of new, exciting jobs for anyone who is looking.
If you would like more information on Entegris check out this site: http://www.gazette.com/articles/entegris-118370-high-springs.html
Colorado Demographics Changing in Colorado
June 6, 2011 by jjensen · Leave a Comment
According to the Colorado Census in 2010 the demographics in Colorado have been changing. The Colorado population is growing but is older than it was 10 years ago.
The census also showed that, “We’re also less likely to be married with children, and more likely to have a relative — aunt, grandfather, cousin, niece — living with us.”
Colorado is also seeing a decline in houses owned by married couples. Also the study showed that there are more and more families having live in family members or married couples living with families due to the economy.
If you would like to learn more about this study and what the census has to say read more at: http://www.gazette.com/articles/colorado-118347-census-older.html#ixzz1OYfPpl9Y
Colorado Springs, a Happening Place for College Grads?
May 30, 2011 by jjensen · Leave a Comment
