Showing posts from November, 2019

Are You Financially Ready to Buy a Home?

This is often one of the biggest questions that buyers find themselves asking as they weigh the options of home ownership. As real estate agents, we’ve calculated the costs and know that in most cases, owning a home can be a much better arrangement for most than sinking funds into a rent cost that doesn’t get you anywhere. Yet, with buying a home comes many new responsibilities like a downpayment, a mortgage, and the upkeep costs. Here are a few ways you can determine whether buying a home is the best financial decision for your family.

You Have 30% Saved
When planning to buy a home, you want to have enough money saved up to afford your 20% downpayment and 10% closing and moving costs. That doesn’t mean you will actually have to make a downpayment, many lenders can secure loans that don’t require it. However, you will look more appealing to a lender if you do have that money saved up. Not to mention, if you have that money saved up, and don’t use it for the down payment, you’ll have al…

Distinctive Custom Home Showcasing Stunning Pikes Peak Views & Uncompromised Attention to Detail!

If you're relocating to the Colorado Springs area, the MacGuire Team would love to put our experience and knowledge of the Colorado Springs area to work for you! We can provide valuable information about Colorado Springs, neighborhoods, schools, places to play and explore, and more. Ready to take a look at homes? This week, we're spotlighting one of our beautiful featured properties that would be perfect for the relocating family.

17540 Pond View Place
Area: Walden Preserve Price: $1,275,000 MLS: 5280185 Schools: Lewis Palmer District 38 # Bedrooms: 4 # Bathrooms: 5 Garage: 8-Car
This distinctive custom home showcases stunning Pikes Peak views and uncompromised attention to detail with 4 bedrooms, 5 bathrooms and 8 car garage. Be greeted by a circular drive that invites you past the enclosed courtyard & into the covered entry of this residence. The spectacular great room boasts soaring ceilings, floor to ceiling stone fireplace, knotty alder built-ins, crown molding and wid…

September Market Snapshot with the MacGuire Team

We continue to see indicators of a strong real estate market, even into the fall season, which is wonderful news! With a new month means new local real estate market conditions in El Paso County, Colorado. Check out the market insights of what September looked like and how it may affect you if you are planning on selling or buying a Colorado Springs home.

Average Days On Market
While inventory is increasing, the average days on the market is still very low at just 26 days, compared to the historically recorded 67 days. Because of the lack of inventory, and steady increase of motivated buyers, homes are still selling quickly. This is great news for the seller who's hoping to move their property quickly.

Listing vs. Sales Prices
We continue to see strong list price vs. sales price as sellers are receiving an incredible 99.9% of their asking price. The historical average is 96.3% for the El Paso County area within this time of year. Inventory being low is playing a factor in the listin…