Showing posts from October, 2010

10% Jump in September Existing Home Sales

Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of REALTORS®.

Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums, and co-ops, rose 10 percent to a seasonally adjusted annual rate of 4.53 million in September from a downwardly revised 4.12 million in August, but remain 19.1 percent below the 5.60 million-unit pace in September 2009 when first-time buyers were ramping up in advance of the initial deadline for the tax credit last November.

Lawrence Yun, NAR chief economist, said the housing market is in the early stages of recovery. “A housing recovery is taking place but will be choppy at times depending on the duration and impact of a foreclosure moratorium. But the overall direction should be a gradual rising trend in home sales with buyers responding to historically low mortgage interest rates and very favorable affordability conditions,” he said.


Home for Sale in Colorado Springs

Beautiful Home for Sale in Colorado Springs with 4 Bedrooms, 3 Bathrooms, 3 Car Garage and 3,465 Square Feet. Tour this Home Today! This Home for Sale in Colorado Springs is Perfect for the First Time Home Buyer, if you are simply moving up or Relocation to Colorado Springs. Featuring an Inviting Formal Living Room with Vaulted Ceilings, Formal Dining Room with Walk Out to the Expansive Deck. The Perfectly Appointed Kitchen has ample cabinet and counter space, large island, eating nook and walk out to the deck. Huge Master Retreat with a Sitting Area, Walk In Closet and a Luxurious 5 Piece Bathroom. The Lower Level Family Room Boasts a cozy Fireplace, Wet Bar and Walk Out to the Large Patio. The Huge Composite Deck is Perfect for Entertaining with tons of sitting area's and Breathtaking Mountain Views. This Home for Sale in Colorado Springs is one you don't want to miss! Contact Mike MacGuire Today, your Colorado Springs Real Estate Expert.

Beautiful Home for Sale in Colorado Springs

Beautiful 2 Story Home for Sale in Colorado Springs! Tour this Home Today. Featuring 3 Bedrooms, 3 Bathrooms, 2 Car Garage and 3,199 Square Feet. This Home for Sale in Colorado Springs is Perfect for the First Time Home Buyer or if you are Relocating to Colorado Springs. Located in Desirable School District 11 this home features New Carpet, New Roof, Central A/C, Vaulted Formal Dining and Formal Living Rooms. The Perfectly Appointed Kitchen is perfect for entertaining with ample cabinet and counter space. The Inviting Family Room has a Cozy Wood Burning Fireplace for those Cool Colorado Evenings. The Master Retreat boasts a sitting area, walk in closet and a 5 Piece Luxurious Bathroom. The 2 Additional Bedrooms on the Main Level are sizeable with large closets. The unfinished basement is perfect for the expanding family. The fully landscaped and fenced yard is great for summer gatherings. This home is located in a great location with easy access to shopping, schools, dining, parks an…

Top 10 Smart Things to Do When Buying a Home

1. Get to Know Financing Extremely Well—Financing a home can be a very difficult and confusing process. Go to an experienced, successful Lender! Let them educate you on the advantages and disadvantages of each type of mortgage. Ask questions so you fully understand what loan would best meet your financial objectives.

2. Find an Agent Who is Aggressive— It is important to have a ‘Buyer’s Agent’ who works for you. You want someone who is experienced. You want a straight shooter who will tell you that a home is a bad deal when it is. They are your advocate through this process.

3. Don’t Sign a Contract Immediately—You must have a good feeling about your Realtor. If you feel pressured to sign a Buyer’s Agency Agreement upon your first meeting, this is not the person for you. You should have the opportunity to work with that Realtor one or two days prior to signing an agreement. This needs to be a mutually beneficial relationship in which you are confident you are working with someone who i…

Shopping for a Home for Sale in Winter

If you've been thinking about buying a home for sale in Colorado Springs, winter is the time to start getting serious. Here are a few reasons to brave the cold and go on a house hunt:
The winter season has fewer homes for sale in Colorado Springs on the market, and sellers tend to need to move from their property. You can use that to your advantage to get a favorable deal.
Winter has fewer buyers in the market at Homes for Sale in Colorado Springs. Looking for a home in the winter can be inconvenient, and people are less likely to move. Families also tend to be on a September to June cycle because they are unwilling to move their children to a new town in the middle of the school year. Fewer buyers means less competition.

Lenders also usually have fewer loans to process and less paperwork to deal with (though this can change quickly if rates fluctuate). With lenders less hassled, you can expect a smoother process to get approved for a mortgage. But, there are exceptions to this rule,…