Over the last six years, we have experienced strong price appreciation which has increased home equity levels dramatically. As the number of “cash-out” refinances begins to approach numbers last seen during the crash, some are afraid that we may be repeating last decade’s mistake. However, a closer look at the numbers shows that homeowners are […]

Ent Center for the Arts 5225 N. Nevada Avenue, Colorado Springs, CO 80918 Celebrate the spirit of the season with acclaimed jazz vocalist Dianne Reeves for Christmas Time Is Here. Dianne Reeves is the five time grammy winner preeminent jazz vocalist in the world. So sit back, relax and enjoy timeless classics you know and […]

The Federal Reserve Board’s Triennial Survey of Consumer Finances recently revealed the net worth of a homeowner was $231,400 compared to $5,200 for a renter.  The net worth of homeowners increased 15% from 2013 to 2016 while renters’ decreased by 5%. Appreciation and principal reduction are the two dynamics that affect a homeowner’s equity.  Each […]

The most critical things to do to increase your home’s value before putting it on the market. As a smart seller, you’ll want your home in tip-top shape — but you don’t want to eat into your profits by overspending on home improvements. You won’t be around to enjoy them anyway. The key is to […]

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data covers responses from 2013-2016. The study revealed that the median net worth of a homeowner was $231,400 – a 15% increase since 2013. At the same time, the […]

Christmastime is often referred to as the season of miracles and that couldn’t be more true than it is this year! In March, it was announced that the iconic Pikes Peak Cog Railway was closing for the year with the possibility of it never opening again due to extensive (and expensive) maintenance work. Fortunately, this […]