real estate market: Can I do a Short Sale? - 08/04/08 01:28 PM
I recently received the following question from a home owner in financial distress:
"How do I do a short sell on my own house without having someone else do it? I dont want a middle man or women to make money from something maybe I could do myself?
Here is … (2 comments)
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real estate market: Homes Selling for less than bought in 2007 - 08/04/08 01:07 PM
I recently received the following question from a home owner in Colorado Springs.
"I bought a new Pulte townhome in Feb 2007. Since then the builder has dropped prices about $30k. I seriously need to move but now I am really upside down. What are my options?"
Here is my response:
… (0 comments)
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real estate market: "Normal" Home Price Adjustments - 08/04/08 12:52 PM
I recently received the following question from a home owner attempting to sell his own property For Sale By Owner (FSBO) without professional assistance.
"What is the "normal" time period to make a price reduction on a home for sale? My condo has been up for sale almost 30 days. I've … (1 comments)
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real estate market: Is this a good time to buy in Colorado Springs? - 08/01/08 04:22 PM
I recently received this question from a home buyer in Colorado Springs
We have a contract to buy in Co Springs, but mortgage companies are telling us it's a declining market We will need to sell in summer of 2011, is this a good time to buy?? We're paying about $93/finished … (0 comments)
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real estate market: Realtor Commissions and Retainers - 08/01/08 04:15 PM
I recently received the following question from someone looking to purchase a home in Colorado Springs
"Do buyer's agents in Colo Sprgs charge a retainer upfront for looking at $120,000 price range for a home?"
Here is my response
It's important to make certain distinctions before answering your question. The first … (0 comments)
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real estate market: Relocating to Colorado Springs - 08/01/08 03:53 PM
I recently received this question from a home buyer who may be relocating to Colorado Springs
We are looking at a possible job relocation to Colorado Springs within few months. How has the housing market held up (good incentives on builders, resales, etc?) and what are some good communities. We have three children … (0 comments)
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real estate market: The Colorado Springs Real Estate Sales Market - 08/01/08 03:48 PM
I recently received the following question from a home seller in Colorado Springs.
"Got a house for sale in 80920 - but the market is very slow. Any one else having luck? Any suggestions?"
Here is my response
Hi Golfer Even during the current market correction, many of the properties I … (0 comments)
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real estate market: Selling One and Buying Another - 08/01/08 03:44 PM
I recently received the following question from someone selling their home and looking to purchase another in Colorado Springs
"We want to purchase a particular bank owned home, but need to sell our home first since they don't take contingincies on bank owned homes, how do we not miss out on … (0 comments)
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real estate market: Listed home with Minimal Traffic and No Offers - 07/31/08 06:15 PM
I recently received the following question from a web site visitor in the Colorado Springs Area.
My parents have a home listed in the 80132 area and are priced at 175 per sq foot. Ive noticed the avg to be at 150ish. The home has been upgraded in the last year … (0 comments)
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real estate market: Real Estate Investing in Colorado Springs - 07/31/08 06:10 PM
I recently received the following question from someone looking to purchase real estate as an investment.
With house prices looking more reasonable we are considering buying a second home to use as a rental/investment property. What about renting a vacation home in Manitou or Green Mt. Falls vs. a standard rental … (0 comments)
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real estate market: My Home is Worth Less Now than when I Purchased in 2007 - 07/31/08 06:03 PM
I recently received the following question from a home owner in Colorado Springs.
"I bought a new Pulte townhome in Feb 2007. Since then the builder has dropped prices about $30k. I seriously need to move but now I am really upside down. What can I do?"
Here is my response:
Hi … (0 comments)
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real estate market: What's a reasonable offer for property in Colorado Springs? - 07/31/08 05:55 PM
I recently received a question from a home buyer asking about Making a reasonable offer for a property in Colorado Springs? The Questions was:
"We are moving to Colorado Springs and would really like to buy an older home for our first home. Perferably in OCC or CEN. We are planning … (0 comments)
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real estate market: Colorado Springs Home Selling and The Current Market - 07/16/08 04:34 PM
Even during the current market correction, many of the properties I have marketed have sold in less than 30 to 45 days and several have sold in less than 2 weeks, so it is still possible to do with the right strategy.
Pricing right is critical to moving a property which … (0 comments)
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real estate market: Housing Market Remains Healthy In Pikes Peak Region - 08/27/07 07:39 PM
Most of my clients have heard me say it many times...real estate is a local phenomena and what may be true in one market is usually not true in another. Despite all the gloom and doom from some of those in the media and elsewhere, more than halfway through 2007 the … (0 comments)
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real estate market: Colorado Springs Real Estate Market Watch - 06/02/07 02:05 AM
According to recent statistics, the buyer's market in Colorado Springs continued through the end of April. The total number of listings on the market was up to over 8000 single-family homes, condos and town homes available on the market. There was an increase of over 26% more homes listed for sale in April … (11 comments)
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