Market information for Active and Foreclosure Homes in Northgate As of 6-21-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Neighborhoods:  GlenEagle, Flying Horse, Struthers Ranch, Jackson Creek

Breakdown of homes for sale, INCLUDING FORECLOSURES

  • Short sales:  9 (3.4%)
  • Bank-owned:  4 (1.5%)
  • HUD:  1 (.4%)
  • Regular:   250 (94.7%)

Active Homes for Sale: 264

  • Single Family Homes:   239 (91%)
  • Condos/Townhomes/Patio Homes: 25 (9%) 

Partial list of Foreclosed homes and Short Sales currently on the market

1939 Wildwood Pass DR  

SIF 

4,3,2 

2005 

1,527 

1,527 

$159,900 

33 

11551 Mountain Turtle DR  

SIF 

4,4,2 

2007 

2,676 

2,692 

$224,900 

10 

15714 James Gate PL  

SIF 

3,3,3 

2006 

2,244 

3,766 

$299,000 

39 Avocet LP  

SIF 

6,3,2 

RRH 

2004 

3,330 

3,330 

$305,000 

41 

15605 Split Creek DR  

SIF 

4,4,3 

2000 

3,251 

3,314 

$329,900 

62 

13909 Windy Oaks RD  

SIF 

4,3,3 

RAN 

2005 

3,081 

3,160 

$369,000 

134 

13718 Sand Cherry PL  

SIF 

4,3,3 

2003 

2,570 

3,793 

$377,500 

384 

12663 Berrywood DR  

SIF 

5,4,3 

2003 

4,017 

4,213 

$390,000 

12690 Broad Oaks DR  

SIF 

5,5,3 

2004 

4,394 

4,702 

$499,900 

178 

12665 Kaibab CT  

SIF 

5,8,5 

5+ 

2002 

6,072 

7,364 

$1,200,000 

21 

This Colorado Springs Real Estate report contains information on homes in Northgate Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Posted by Kathy Torline - Nordstrom

KAT, A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

 

Homes in Colorado Springs- Market information for Active and Foreclosure Homes in Southeast As of 6-25-09

Neighborhoods:  Pikes Peak Park, Pinehurst, Foxhill, Soaring Eagles, Southborough, Millers Crossing, Pikes Peak Panorama, Soaring Eagles,

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Related Posts:  Colorado Springs Homes -- May 2009 market report for Southeast  

Active homes for sale, INCLUDING FORECLOSURES

  • Short sales:  55 (17.6%)
  • Bank-owned:  14 (4.5%)
  • Normal:  242 (77.6%)

Active Homes for Sale:  312

  • Single Family Homes:  206 (66%)
  • Condos/Townhomes/Patio Homes:  106 (34%)

Partial list of Foreclosed homes currently on the market

4113 Husted Mill CT  

TOW 

3,2,0 

1969 

1,369 

1,369 

$44,900 

30 

2450 Nadine DR  

SIF 

4,2,1 

RAN 

1972 

977 

1,862 

$93,900 

2825 Clarendon GR  

SIF 

3,2,2 

RAN 

1979 

1,322 

1,322 

$109,900 

44 

106 Lawrence AV  

SIF 

3,2,0 

RAN 

1959 

1,362 

1,362 

$110,900 

3803 Venice GR  

TOW 

2,3,2 

RAN 

2005 

1,316 

1,350 

$119,900 

89 

3643 Venice GR  

TOW 

3,3,2 

2004 

1,691 

2,393 

$139,900 

905 Nolte DR  

SIF 

4,3,2 

BIL 

1980 

2,383 

2,799 

$140,000 

92 

2273 Farnsworth DR  

SIF 

4,2,2 

TRL 

1979 

1,631 

1,795 

$144,900 

27 

4583 Tetman LN  

SIF 

3,3,2 

2001 

1,725 

1,725 

$166,900 

3744 Venice GR  

TOW 

4,4,2 

2007 

2,302 

2,401 

$190,000 

138 

3738 Venice GR  

TOW 

4,4,2 

2007 

2,302 

2,401 

$190,000 

136 

5026 Hawk Meadow DR  

SIF 

4,4,2 

2005 

2,103 

2,158 

$214,900 

83 

This Colorado Springs Real Estate report contains information on homes in Southeast Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Posted by Kathy Torline - Nordstrom

KAT, A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

 

Homes in Monument

Market information for Active and Foreclosure Homes in Monument and Palmer Lake As of 6-22-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com

Neighborhoods:  Woodmoor, Kings Deer, Palmer Lake, Walden Reserve, Jackson Creek

Breakdown of homes for sale, INCLUDING FORECLOSURES

  • Short sales:   29 (5.9%)
  • Bank-owned:    12 (2.4%)
  • Regular:  450 (91.6%)

Active Homes for Sale: 491

  • Single Family Homes:   458 (93%)
  • Condos/Townhomes/Patio Homes:   33 (7%) 

Partial list of Foreclosed homes currently on the market

Address

PT

Br/Ba/G

FLR

YB

Fin SQ

Tot SQ

LP

CDOM

130 Shady LN  

SIF 

2,2,0 

RAN 

1929 

3,117 

5,010 

$89,900 

224 

2126 Creek Valley CR  

PAT 

4,3,2 

RAN 

2006 

2,535 

2,574 

$225,000 

17 

2310 Wakonda WY  

SIF 

3,3,2 

RRH 

1966 

2,252 

2,252 

$249,900 

61 

1395 Fawnwood RD  

SIF 

5,3,2 

1978 

2,991 

2,991 

$315,000 

47 

6020 Filly LN  

SIF 

5,4,3 

RAN 

2002 

4,277 

4,386 

$412,900 

81 

19655 Guildford CT  

SIF 

4,4,3 

RAN 

2007 

4,097 

4,547 

$589,900 

103 

19835 Upchurch WY  

SIF 

7,9,4 

2007 

7,339 

7,398 

$850,000 

717 

19205 Sixpenny LN  

SIF 

6,6,4 

1999 

10,153 

10,572 

$1,275,000 

47 

This Colorado Springs Real Estate report contains information on homes in Tri-Lakes Colorado Springs.

This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

Posted by Kathy Torline - Nordstrom

KAT, A Colorado Springs Real Estate Agent You Can Trust

Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

Colorado Springs Real Estate

 

 

Want to buy a short sale?

Related post:  Buying a short sale vs. a foreclosure, what's the difference?

Do you have questions about buying a Colorado Springs home that is noted as a "short sale"?  Here are some of the most frequently asked questions I often hear from buyers, along with a brief answer. 

1. Is the Short Sale negotiation process the same for a short sale as for a regular sale?

Yes, except that there is one EXTRA layer:  After the buyer and seller agree on a price and terms, the seller's couple-with-real-estate-agent-be-uid-1354683lender (or lenders)  and other lien holders must also agree on the offer.   This can add anywhere from a month to 5 or 6 months to the process.   

2. Are loans types the same for a short sale as for a standard home purchase?

The type of loans a buyer can use are the same as for a standard real estate transaction.   But if the property is not in good condition, a buyer may not be able to use a VA loan or a FHA loan; as the property may come back with conditions from the appraisal process; and most sellers in a short sale situation don't have the funds to make the requested repairs.    Most short sales are sold "as-is".

3. What are some of the disadvantages of buying a short sale property?

It can often takes the seller's lender(s) and lien holders a long time to respond to a offers, and a buyer can become frustrated and give up.  Also, some Realtors accept offers from several buyers, and submit all of these offers to the lender(s).  Consequently a buyer may be "bidding" by competing against others prospective buyers. 

If a buyer needs to have a house to move into in a month, a short sale is not a good option for them.  There is no guarantee on how long it will take the lender(s) to respond.

4. What are the advantages of purchasing a house that's a short sale?

A short sale house may be priced slightly below market value.    But they are not at fire-sale prices.   But they can often be a good deal for buyers.

But for the best value, REO's are usually priced lowest of all types of houses.  

5. How do I know if a house is a short sale or an REO or just a standard sale?

When viewing houses on various MLS-type databases, it may or may not be noted.   Your Colorado Springs Realtor® can let you know for sure by checking the local multiple listing service database.

Original Article was posted at:  5 things to know about buying a short sale

Related Articles:

  • Don't let your dream house become a nightmare
  • Buying HUD homes in Colorado Springs, Part II
  • Buying HUD homes in Colorado Springs, Part I
  • Pre-Qualification or Pre-Approval, which do you need to buy a home?
  • Colorado Springs Luxury Homes are hit by foreclosures
  • Finding diamonds in the rough

    To find out more information about buying a luxury foreclosure in Colorado Springs Call

    Kathy Torline (719-287-1049) KTorline@msn.com       

  •  

    Woodland Park Homes - Market breakdown for Active Homes as of 6-18-09

    For a FREE list of Foreclosure Homes, Email KTorline@msn.com

    Active homes for sale: 

    • Short sales:  7 (3.1%)
    • Bank-owned:  4 (1.8%)
    • Regular:  212 (95.1%)

    Active Homes for Sale as of  6-18-09:  227

    • Single Family Homes:  204 (90%)
    • Condos/Townhomes/Patio Homes:  23 (10%)  

    Partial list of Foreclosed homes currently on the market

    Address

    PT

    Br/Ba/G

    FLR

    YB

    Fin SQ

    Tot SQ

    LP

    CDOM

    1270 Loop DR  

    SIF 

    4,3,2 

    BIL 

    2007 

    2,144 

    3,424 

    $199,900 

    1280 

    255 Sun Ridge CT  

    SIF 

    4,4,2 

    1993 

    2,972 

    2,972 

    $318,000 

    14 

    2560 Vista Glen CT  

    SIF 

    4,3,3 

    RAN 

    2003 

    5,190 

    5,323 

    $334,900 

    31 

    This Colorado Springs Real Estate report contains information on homes in Woodland Park Colorado Springs.

    This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

    Posted by Kathy Torline - Nordstrom

    KAT, A Colorado Springs Real Estate Agent You Can Trust

    Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

    www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

    Colorado Springs Real Estate

     

     

    Black Forest Homes - Market breakdown for Active Homes as of 6-18-09

    For a FREE list of Foreclosure Homes, Email KTorline@msn.com

    Related Posts:  Colorado Springs Homes -- May 2009 market report for Black Forest

    Active homes for sale:  254

    • Short sales:  8 (3.4%)
    • Bank-owned:  6 (2.5%)
    • Regular:  223 (94.1%)

    Active Homes for Sale as of  6-18-09:  254 

    • Single Family Homes:  248 (98%)
    • Condos/Townhomes/Patio Homes:  6 (2%) 

    Partial list of Foreclosed homes currently on the market

    Address

    PT

    Br/Ba/G

    FLR

    YB

    Fin SQ

    Tot SQ

    LP

    CDOM

    11551 Mountain Turtle DR  

    SIF 

    4,4,2 

    2007 

    2,676 

    2,692 

    $224,900 

    6020 Filly LN  

    SIF 

    5,4,3 

    RAN 

    2002 

    4,277 

    4,386 

    $412,900 

    78 

    6950 Hodgen RD  

    SIF 

    4,4,2 

    RAN 

    1996 

    3,836 

    3,856 

    $414,900 

    43 

    14810 E Coachman DR  

    SIF 

    5,4,3 

    1989 

    5,581 

    5,676 

    $599,900 

    29 

    This Colorado Springs Real Estate report contains information on homes in Black Forest Colorado Springs.

    This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

    Posted by Kathy Torline - Nordstrom

    KAT, A Colorado Springs Real Estate Agent You Can Trust

    Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

    www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

    Colorado Springs Real Estate

     

    Falcon North 

    Market breakdown for Active Homes as of 6-17-09

    For a FREE list of Foreclosure Homes, Email KTorline@msn.com

     

    Neighbordhoods Include:  Woodmen Hills, Meridan Ranch, Falcon Highlands

    Active homes for sale: 

    • Short sales: 28 (13.2%)
    • Bank-owned:  6 (2.8%)
    • Regular: 178 (84%)

    Partial list of Foreclosed homes currently on the market

    Address

    PT

    Br/Ba/G

    FLR

    YB

    Fin SQ

    Tot SQ

    LP

    CDOM

    11939 Rodez GR  

    SIF 

    3,3,2 

    2004 

    1,506 

    1,506 

    $118,900 

    9052 Sunningdale RD  

    SIF 

    5,4,3 

    1.5 

    2005 

    3,236 

    3,362 

    $212,602 

    12354 Pine Valley CR  

    SIF 

    3,2,3 

    RAN 

    2004 

    2,059 

    4,090 

    $259,900 

    40 

    9520 Pomeroy CT  

    SIF 

    4,4,3 

    2007 

    3,833 

    4,108 

    $395,000 

    15 

    13367 Gilbert DR  

    SIF 

    4,5,3 

    2006 

    4,012 

    4,228 

    $550,000 

    15 

    This Colorado Springs Real Estate report contains information on homes in Falcon North in Colorado Springs.

    This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

    Posted by Kathy Torline - Nordstrom

    KAT, A Colorado Springs Real Estate Agent You Can Trust

    Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

    www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

    Colorado Springs Real Estate

     

    Marksheffel Area

    Market breakdown for Active Homes as of 6-17-09

    Neighborhoods:  Claremont Ranch

    For a FREE list of Foreclosure Homes, Email KTorline@msn.com

    Active homes for sale: 

    • Short sales:  8 (10.1%)
    • Bank-owned:  1 (1.3%)
    • Regular:  70 (88.6%)

    Active Homes for Sale as of   6-17-09:  79

    • Single Family Homes:  72 (91%)
    • Condos/Townhomes/Patio Homes:  7 (9%) 

    Partial list of Short-Sale homes currently on the market

    Address

    PT

    Br/Ba/G

    FLR

    YB

    Fin SQ

    Tot SQ

    LP

    CDOM

    1964 Siskin LN  

    SIF 

    3,2,2 

    RAN 

    2003 

    1,000 

    1,000 

    $150,000 

    12 

    7808 Parsonage LN  

    SIF 

    4,3,3 

    RAN 

    2006 

    2,139 

    2,150 

    $198,000 

    404 

    2044 Bucolo AV  

    SIF 

    3,3,3 

    2006 

    2,358 

    3,185 

    $219,000 

    1989 Dewhirst DR  

    SIF 

    3,3,2 

    2005 

    1,787 

    2,338 

    $220,000 

    96 

    1755 Bucolo AV  

    SIF 

    3,3,2 

    2007 

    2,107 

    2,829 

    $225,000 

    12 

    1876 Capital DR  

    SIF 

    3,3,2 

    2006 

    2,178 

    3,255 

    $240,000 

    118 

    7790 Ponca RD  

    SIF 

    3,2,1 

    RAN 

    1984 

    2,340 

    3,600 

    $269,000 

    53 

    This Colorado Springs Real Estate report contains information on homes in Marksheffel Area Colorado Springs.

    This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

    Posted by Kathy Torline - Nordstrom

    KAT, A Colorado Springs Real Estate Agent You Can Trust

    Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Woodland Park, Palmer Lake

    www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

    Colorado Springs Real Estate

     

    Colorado Spring Real Estate 

    Market Report for Southeast Colorado Springs - Single Family Homes

     Neighborhoods Include:  Spring Creek, Pikes Peak Park, Southborough, Eastborough

    The Southeast area of Colorado Springs housing market continues to be a BUYERS  Market, as there is currently a 3.5 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".  Sales are only 16% from 2007, but average pricing is only down 9.5% from 2007.  344 Single family homes have been sold in 2009 vs. 275 for the same period in 2008; an increase of 22%.

    Current Report as of 6-14-09

    • Active listings:   206
    • Under Contract and Pending :  45
    • Absorption Rate:    57.3 homes per month, a 3.5 monthly supply of houses currently on the market

    This Colorado Springs Real Estate report contains information on Single Family dwellings in Southeast area of Colorado Springs

    This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

     

    A Colorado Springs Real Estate Agent You Can Trust

    Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

    www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

    Colorado Springs Real Estate

    Posted by Kathy Torline - Nordstrom

     

    Colorado Spring Real Estate 

    Market Report for Central Colorado Springs

    Single Family Homes

     The Central part of Colorado Springs housing market continues to be a NEUTRAL Market, as there is currently a 5.66 month of supply of homes on the market.   A 6 month supply of houses on the market is considered a "NEUTRAL MARKET".  Sales are only down 16% from 2008 to 2007, but average pricing is only down 5% from 2007 to 2008.  337 Single family homes have been sold in 2009 vs. 407 for the same period in 2008; a decline of 17%.

    Current Report as of 6-14-09 in Central Area

    • Active listings:     318
    • Under Contract and Pending :    132
    • Absorption Rate:  56.2 homes per month, a 5.66 month supply of houses currently on the market

    Central Part of Colorado Springs homes are in District 11 School District

    This Colorado Springs Real Estate report contains information on Single Family dwellings in Central Central Colorado Springs

    This information is taken from the Pikes Peak Realtor Services Corp and is deemed reliable but not guaranteed.

    A Colorado Springs Real Estate Agent You Can Trust

    Selling Real Estate in El Paso & Douglas County; including Colorado Springs, Monument,  Fountain, Larkspur, Pueblo, Castle Rock, Manitou Springs, Woodland Park, Palmer Lake

    www.Kathytorline.com and www.ColoradoSpringsVintageHomes.com

    Colorado Springs Real Estate

    Posted by Kathy Torline - Nordstrom

     
     
    Rainmaker_large

    Colorado Springs Real Estate Blog - Kathy Torline - Nordstrom

    Colorado Springs, CO

    More about me…

    The Herman Group (Formerly Prudential Professional REALTORS)

    Address: 4065 N. Sinton, Suite 200, Colorado Springs, CO, 80907

    Office Phone: (719) 575-1183

    Cell Phone: (719) 287-1049

    Email Me



    Links

    Archives

    RSS 2.0 Feed for this blog

    Find CO real estate agents and Colorado Springs real estate on ActiveRain.