Resource to Explain the Federal Tax Credit to First Time Homebuyers - 02/24/09 05:44 PM
This website is very helpful for you if you are looking for a good resource to explain the Federal Tax Credit for first time homebuyers:
http://www.federalhousingtaxcredit.com/2009/home2.html
This new credit, which has no payback required, is helping certain pockets of our market to have more movement!  Yeah!
 
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Get a CLUE! - 02/19/09 07:03 PM
 Every day in real estate should be a day of learning, and today was no exception.  This is definitely something that all Brokers, Buyers, and Sellers need to be aware of:
I am representing a Seller and her home is currently under contract.  The Insurance Objection Deadline is coming up, and I received a call from the Buyer's Agent asking for something that no other agent has asked me for in the past.  He needed a copy of the Seller's CLUE report which would show the previous loss history (or previous claims made) against the property. 
This opened up a whole entire discussion … (6 comments)

Colorado and the Stimulus Package - Foreclosure Allocation - 02/18/09 03:15 PM
According to KRDO News yesterday, Obama signed the stimulus package that will give 2.8 billion dollars over next 2 years to the state of Colorado - out of that 2.8 billion dollars, 15 million dollars will be allocated for foreclosures.  Will this make a dent?  I really am anxious to find out!
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Fort Carson Troops and the Colorado Springs Housing Market - 02/16/09 04:42 PM
Today, KRDO news in Colorado Springs interviewed me to see what my thoughts were concerning the economic impact of the Fort Carson troops arriving into Colorado Springs.  Here is a few thoughts that I have about it:
•·     Of the 5,000 troops that I understand are coming back from Iraq as of this month, about 30% of them will live on post.  That leaves 70% of the troops living off base.  Of that 70%, about 60% already own a house, according to Economist Fred Crowley of UCCS.  Taking those numbers into account, about 1,400 troops would be looking for housing.  An … (0 comments)

Median Home Pricing is NOT What You May Think Plus List Price VS. Sale Price - 02/10/09 03:29 PM
Today, I attended the Garden of the God's Bank Customer Advisory Meeting.  This is one of the most productive groups that I am affiliated with, and appreciate participating with a group of people who are leaders in their own industry and have valuable input relevant to our marketplace. 
When sharing with the group about the median price of homes (which dropped about 13% Jan. 09 vs. Jan. 08) a developer within the group made a great point.  "The median price does not actually indicate that homes are selling 13% less than last year, it simply means that people are BUYING less expensive homes."  … (1 comments)

Opportunities in the Housing Market for Homes Over $700K - 02/04/09 05:59 PM
Today, our Elite 25 group met and we had some discussion on sales in the Colorado Springs marketplace for homes over $700,000.  If my ears were hearing correctly, there has been a 40% decline in homes sold over $700,000 for 2008 vs. 2007.  There are many opportunities in the upper end market, in fact a listing that one of my group members pitched today was a brand new home, bank-owned, currently listed for $725,000 with over 5,000 of custom square feet with a walkout basement in a Premier neighborhood.  There are many opportunities for buyers looking for million dollar home quality without … (2 comments)

 
Colorado Springs Realtor ® - Cherise Selley (Selley Group Real Estate, LLC) Rainmaker_large

Colorado Springs Realtor ® - Cherise Selley

Colorado Springs, CO

More about me…

Selley Group Real Estate, LLC

Address: 2139 Chuckwagon Rd. Suite 210, Colorado Springs, CO, 80919

Office Phone: (719) 598-5101

Cell Phone: (719) 337-9779

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