Equity build-up could be one of the biggest advantages to buying a home. There are two distinct dynamics that take place to make this happen: each house payment applies an amount to reduce the mortgage owed and appreciation causes the value of the home to go up. It is easy to make a projection based on […]
Shortage of homes?
Many buyers are wondering where to find houses for sale in today’s market. It’s a true dilemma. We see an increase in buyer demand, but the supply available for purchase isn’t keeping up. The number of new housing permits issued prior to the great recession increased for 15 years until 2005 (from 1.12 million in […]
Real Property
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Equity Rich 2019
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This weekend in Colorado Springs!
Bancroft Park 2408 W. Colorado Avenue, Colorado Springs, CO 80904 Get out this Sunday, August 18, 2019 from 9:00 am-3:00 pm for the 3rd Annual Old Colorado City Car Show. The street show will display all years, foreign & domestic makes and models. A portion of the proceeds will benefit Alzheimer’s Association. Admission is free! […]
America Still Considers Real Estate the Best
35% of respondents, in a recent annual Gallup poll that dates back to 2002, identified real estate as the best long-term investment option compared to 27% who identified stocks. The top choices included real estate, stocks, savings accounts and gold. Even with the remarkable prices of the different U.S. stock indices recorded in 2019 through April […]
8 Tips to add curb appeal to your home
A good washing, and a bit of color are two low-cost ways. Homes with high curb appeal command higher prices and take less time to sell. But which projects pump up curb appeal most? Here are financially smart ways to boost your home’s equity. #1 Wash Your House’s Face Before you scrape any paint or […]