The media has extensively covered the rise in mortgage interest rates since last fall (from 3.42% last September to the current 4.1% according to Freddie Mac). However, a less covered aspect of the mortgage market is that requirements to get a mortgage have eased while rates have risen. The Mortgage Bankers Association (MBA) quantifies the […]
Category Archives: Real Estate News
This Weekend in Colorado Springs
Bear Creek Nature Center245 Bear Creek Road, Colorado Springs, CO 80906 Go out this Saturday, April 15, 2017 from 9:00 am-2:00 pm for the Chocolate Bunny Walk & Egg Hunt! Take the kids out to find goody filled eggs along the trails of Bear Creek Nature Center. Meet a live rabbit and learn all about […]
Check out this Elbert lot
15820 Woodacre CourtElbert, CO 80106 Priced at $80,000 Great 5+ acre lot on quiet cul-de-sac in Woodlake; a nicely established community. Requires septic and well. Well permit is in progress. Higher lot allows for walk out and nice views. Area is built out and this is the only lot available. Owners built a house elsewhere, […]
Lawn Aeration
Lawn aeration ensures lush, healthy grass year-round. Lawn aeration brings oxygen, water, and nutrients directly to grass roots, which helps make your lawn green and lush. It’s a critical part of spring and fall lawn care and gives roots the vital boost they need. Here’s how: Lawn Aeration Basics Lawn aeration pulls 2- to 8-inch […]
Be Careful!
There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped Jonathan Smoke, Chief Economist at realtor.com, reported on what he calls a “Rental Affordability Crisis.” He warns that, “Low rental vacancies and a lack of […]
Lower the Rate – Deduct the Interest
Credit card debt in America is back to levels prior to the recession. The average credit card APR is just under 16% according to CreditCards.com Weekly Credit Card Report. Homeowners have an advantage over renters when it comes to getting their arms around debt issues. Basic money management suggests that higher rate debt be replaced […]
Do you want to own this home?
Dividing Plants
Make the most of your perennials by dividing and transplanting favorites that have outgrown their homes. Follow these dividing and transplanting tips for lush and healthy gardens and landscaping. Why Divide and Transplant? Plants need space to thrive. When they become too big for their garden spots, powdery mildew coats leaves, insects chow down on […]
The ‘REAL’ News about Housing Affordability
Some industry experts are claiming that the housing market may be headed for a slowdown as we proceed through 2017, based on rising home prices and a potential jump in mortgage interest rates. One of the data points they use is the Housing Affordability Index, as reported by the National Association of Realtors (NAR). Here […]
This weekend in Colorado Springs!
Bancroft Park in Old Colorado City2408 W. Colorado Avenue, Colorado Springs, CO 80904 Go out this Saturday, April 8, 2017 from 10:00 am-3:00 pm to Bancroft Park in Old Colorado City! Wear your maddest hat and join the party as Old Colorado City celebrates spring in Wonderland. There will be merchants and restaurants joining in […]