For Sale: 15616 Lacuna Dr, Monument, CO
Looking for a home in the Monument area? Look no further! This 5 bedroom home offers views of the mountains and plenty of entertaining space!
Call Rob at 719-440-6626 to schedule a showing!
For Sale: 10611 Ouray Creek Pt
If you’re looking for a beautiful home in District 20 in Colorado Springs, check out this very well maintained town home!
Call Rob at 719-440-6626!
Housing crunch coming to Colorado Springs…
…if you’re reading this from my Facebook group (Colorado Springs Rentals) you likely know the crunch highlighted in this article is here.
We are committed to providing you the most up to date data and options we can. There just isn’t a lot out there, especially on the rental side!
Perhaps the most startling fact in this article is the statement that by 2019, there will be a huge gap in affordability.
What to do? Plan for an increased crunch and rising prices. If interest rates rise, this may moderate that growth…but it’s difficult to say for sure.
Renter? Make sure you inspect before you sign!
Colorado Springs still expanding…
…Nor’wood Development Group is purchasing Banning Lewis Ranch. An indicator the city continues to grow!
Home prices on the rise nationally
On a national level, home prices are on the rise. Colorado Springs is a healthy market right now, too, with generally more demand than inventory (especially for the below $225K range). However, this is NOT a market you can flip a home in under 2 years in and expect to profit (generally).
If you’re looking to buy or sell a home in Colorado Springs, I’d be honored for the chance to earn your business! Call Rob at 719-440-6626 or email me at rob@rtrcolorado.com.
Short sales, underwater mortgages and promissory notes
Do you owe more than market value on your home? You may have options, one of which is a promissory note.
While not the best option, it may be possible or advisable if the balance is sufficiently low. (E.g., if you are 5,000 underwater, you may want to do a promissory note.) This MAY enable you to satisfy the sale and avoid the credit hit.
Always consult a Realtor, tax or legal professional as applicable!
13754 Voyager Parkway – near USAFA – former model home
If you’re looking for an amazing home near the Air Force Academy, check out 13754 Voyager Parkway!
CSBJ: Average rents rising…
…some interesting data on the state of the rental market here in Colorado Springs.
We are happy to help you find a home, rental or purchase. Please give Rob the chance to earn your business; call 719-440-6626 or email rob.thompson@theagencycolorado.com or rob@rtrcolorado.com.