Showing posts from November, 2010

Updated Home for Sale in Colorado Springs

Completely Updated Home for Sale in Colorado Springs, Perfect for the First Time Home Buyer Featuring 4 Bedrooms, 2 Bathrooms, 1 Car Garage and 1,696 Square Feet. Tour this Home Today! Located on a Corner Lot with a Spacious Backyard and Covered Concrete Patio. New Carpet, New Electrical, New Roof and Updated Bathrooms. Beautiful Hardwood Floors Throughout the Main Level, Updated Kitchen with Brand New Stainless Steel Appliances, Dining Area off of Kitchen, Open Floor Plan. Large Lower Level with a Family Room and More!

For More Information on this Updated Home for Sale in Colorado Springs, Contact Mike MacGuire, your Colorado Springs Real Estate Expert! If you are wanting to search all Homes for Sale in Colorado Springs, contact Mike Today for VIP Access to the site that Realtors use!

20,000 Houses Will Sell This Weekend....Will Yours?

There is no doubt that demand for housing has slowed. The National Association of Realtor’s 3rd Quarter Existing Homes Sales Report showed that sales were down in all fifty states and the District of Columbia (3rd quarter vs. the 2nd quarter). The decline was in double digits in all but two states (Nevada and California). Those are the facts.

But let us not allow the facts to get in the way of the truth. The truth is that over 4 million homes will have sold in this country by the end of the year.

That averages out to be over 10,000 houses a day! Every day – 365 days a year!

Houses are selling. The question is will your house be one of the 10,000 that sell today. That is entirely up to you. You and your family can move on with your plans and dreams immediately. You just have to be willing to price the house at what today’s purchaser is willing to pay. Will you be able to sell it for what it would have sold for in the past? Probably not. Will you be able to sell it for the price you had d…

Why You Must Not Wait to Sell Your Home

The best real estate professionals are trying to convince anyone thinking of selling in the near future to correct the price on their home and sell now before the home loses even further value. Some cynical homeowners think the agent is just trying to create fear in order to make a quick sale. Some sellers are waiting until after the holidays. Some sellers are waiting until the ‘spring selling season’. Today, we want to say that your agent is giving you great advice - Sell Now!

We want to prove this is the best thing for you and your family. The most complete data available is usually generated by the local and national real estate associations. We realize that this data is sometimes considered suspect by the consumer (especially the cynics). For that reason, we will make our point without using any industry data generated by these associations. Instead, we will use the government agency Fannie Mae’s November Economics and Mortgage Market Analysis Report.

Fannie Mae forecasted median ho…

Are Foreclosures Spreading to Your Neighborhood?

First, there were the foreclosures caused by sub-prime loans. Then, there were the foreclosures credited to the exotic Alt-A loans. Many of these loans were written in the states that had the highest increase in real estate values – California, Nevada, Arizona and Florida. Because the majority of these loans were taken in these states, the largest numbers of foreclosures have been confined there.

At least up to now. Foreclosures are no longer tied just to the type of loan taken. Today, the economy has devastated the financial stability of many families in every state in the U.S. causing foreclosures to spread to every corner of the country.

NPR reported on this issue recently:

Mark Zandi, chief economist with Moody’s Analytics, agreed that the foreclosure crisis was moving into a new phase.

House flippers, subprime borrowers and those who lost their jobs early in the recession have largely worked through the system, Zandi said.

“Now what you’re seeing is more strategic defaulting — more r…

5 Reasons You Should Use a Real Estate Professional

Should you spend the money on a real estate commission or save that money by selling your home by yourself? That is a question many home sellers ask themselves. Today, we want to discuss why it is crucial to have a true professional guiding you through the minefield of challenges that exist in the current real estate market.

The housing market today is more challenging than it has ever been and seems to be becoming more difficult each day. What impact will foreclosures have on prices? Which loan products that were available just last month are no longer available? How do you convince perspective purchasers to pull the trigger on an offer when everyone is telling them that they should see another 100 houses before they make a decision? These are tough questions for a trained, experienced professional. The lay person would find it almost impossible to keep abreast of this rapidly evolving industry.

Here are five important reasons to use a real estate professional:

1. Pricing Is Difficult

If HE Says It Is Time To Buy a Home, BUY A HOME!

“If you don’t own a home, buy one. If you own one home, buy another one. And if you own two homes, buy a third and lend your relatives the money to buy one.”
– John Paulson 9/27/2010

WOW! That’s a powerful statement.

There is no question that John Paulson is a bull when it comes to residential real estate right now. Should we care what Mr. Paulson thinks? Should we listen to him? The answer to both questions is a resounding ‘YES’. Here are several reasons why.

Who is John Paulson?
Paulson is the person who made a fortune betting that the subprime mortgage mess would cause the the real estate market to collapse. He understands how the housing market works and knows when to buy and when to sell. What do others think of Paulson?

According to Forbes John Paulson is:

A multibillionaire hedge fund operator and the investment genius who made a killing going short subprime mortgages a few years ago.

According to the Wall Street Journal Paulson is:

A hedge fund tycoon who made his name, and a fortune,…

Beautiful Home for Sale in Colorado Springs

Beautifully Treed 1/3 Acre Lot Backing to Open Space & Parks. Featuring 4 Bedrooms, 4 Bathrooms, 2 Car Garage and 3,294 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 Relocating to Colorado Springs. This Updated 4 Level Home Boasts a Large Formal Living Room that is Open to the Formal Dining Room. The Updated Kitchen Features Granite, Ample Cabinet Space, Large Eating Nook and Walk Out. The Lower Level Family Room has a Cozy Fireplace, Wet Bar and Walk Out. The Huge Master Retreat has a Walk In Closet, Attached Bath, Attached Office Area and Private Deck. Enjoy Privacy from the Comfort of your Expansive Deck, Backing to Open Space! You can even watch the kids walk to school! This Home For Sale in Colorado Springs is one you don't want to miss! For More Information on this Home For Sale in Colorado Springs, contact Mike MacGuire, your Colorado Springs Real Estate Expert.