Lease-to-Own Primer
Who has heard of a lease-to-own? Who knows what it is? Is it a good thing or a bad thing? Also called rent-to-own or a lease option, the lease-to-own arrangement can benefit both buyer and seller in certain circumstances. What…
Into the Future…?
I just read the most outside-the-box real estate blog post I've seen this year. That's saying a lot. I've read a lot of blog posts this year. This blog posits, based on scientific work now underway, that up-and-coming 3-D printer technology…
Improvements in Colorado Springs’ Economy
The Gazette featured four local Colorado Springs start-ups under the headline "Startups bouncing back in the Springs". The economy is warming up and this is just one sign. A very important sign! Small business development is a critical indicator of economic activity.…
Lessons in Interior Design
Hello friends and visitors! In 2012, I had a crazy time trying to repair my home from a leak. The upstairs toilet had leaked, and water had dissipated into the wall and floors. Since walls and floors had to be…
Housing Affordability Reaches Record Levels
This was the headline in the March 2012 Colorado Springs Real Estate Journal Housing Affordability Reaches Record Levels Data indicates that 75.9% of all new an existing homes sold in the fourth quarter of 2011 were affordable to families earning the…
Ready to Purchase an Investment Property?
Is the time right for you to make an investment purchase of real estate? Is your own home paid off, or does your existing mortgage payment leave extra room in your budget for investing? Are you ready to put your…
Colorado Springs and the Pikes Peak Region Real Estate Market Update
What's happening in the Colorado Springs real estate market? Let's take a look... Improving Local Market Trends Our local market is improving! Housing inventories are shrinking, prices are stabilizing, and the foreclosure problem is slowing significantly. In Colorado Springs as…
REALTOR® vs Real Estate Agent?
People ask me all the time what the difference is between a REALTOR® and a real estate agent. The phrase “real estate agent” is a job title that carries with it certain duties and responsibilities to represent one’s clients under…
Market Correction in Effect!
For those shopping for a home under $200,000 in Colorado Springs these days, the time for extreme bargains is quickly passing. Investors, it's time to pick up those last remaining deals and resell in great condition for great profit. Sellers…
Real Estate Investing
There are so many steals out there right now. How do you take advantage of them? First, have specific goals in mind. Do you want to fix and flip, or purchase a property to rent out? How much do you…
Mortgage Rates Lowest in Over 50 Years!
Mortgage Rates Lowest in Over 50 Years ~ Freddie Mac reported Friday that fixed and adjustable mortgage rates have reached all-time record lows. Last week, the 30-year fixed rate averaged 4.15% - breaking the previous record low of 4.17% set November 11,…