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Wednesday, April 14, 2010
Colorado Springs Short Sale listing, 135K Near Ft. Carson
Click here to see more images
Tuesday, April 13, 2010
Briargate, Colorado Springs Housing Report February 2010
Briargate Housing Report for February 2010
The area of Colorado Springs that is known as Briargate is in the Northern section of the City. This area is roughly from I-25 to the West, Woodman Dr to the South, Highway 83 to the North, and Black Forest Rd to the East. The homes in this Master Planned community were started in the early 80’s and new building continues today. The schools are part of Academy District 20 and feature some of the highest testing scores nationally.
As of February 2010, the Briargate housing market continued to be one of the stronger communities of Colorado Springs.
Current Number of Homes For Sale in Briargate:
Listed Homes: 251
New Listings: 84
Sold Listings: 25
Sales to Listings Ratio: 9% Sold
Briargate Sales Information:
Average Sales Price: $262,723
List to Sale Price: 97%, Same as El Paso County, Colorado average
Days of Houses on Market: 100 Days, Better than Many Areas
Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
The area of Colorado Springs that is known as Briargate is in the Northern section of the City. This area is roughly from I-25 to the West, Woodman Dr to the South, Highway 83 to the North, and Black Forest Rd to the East. The homes in this Master Planned community were started in the early 80’s and new building continues today. The schools are part of Academy District 20 and feature some of the highest testing scores nationally.
As of February 2010, the Briargate housing market continued to be one of the stronger communities of Colorado Springs.
Current Number of Homes For Sale in Briargate:
Listed Homes: 251
New Listings: 84
Sold Listings: 25
Sales to Listings Ratio: 9% Sold
Briargate Sales Information:
Average Sales Price: $262,723
List to Sale Price: 97%, Same as El Paso County, Colorado average
Days of Houses on Market: 100 Days, Better than Many Areas
Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
Friday, March 5, 2010
Colorado Springs Housing Inventory Has a Dark Side
What is “shadow inventory” and how is this going to impact home values in 2010? These are properties that are not yet currently on the market but potentially will be coming to market in 2010. Such properties include:
* houses taken overby banks and mortgage companies
* houses where the loans are at least 90 days delinquent (over 99% of these will become distressed properties that will be up for sale)
* houses whose sellers have waited for the market to improve
According to a recent Standard and Poors report, the existing foreclosure inventory pales in comparison to the number of homes about to come to market as distressed properties. In fact, the number of homes that are about to become distressed properties is 31 times greater than the number of homes currently on the market in that category!!
These liquidated properties provide the market with a supply of homes for sale. Home prices directly reflect the relationship between the supply and demand of properties for sale. Prices will remain level if a comparable increase in demand accompanies an increase in supply. Otherwise, an increase in supply will result in a decline in prices to attract demand.
Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
* houses taken overby banks and mortgage companies
* houses where the loans are at least 90 days delinquent (over 99% of these will become distressed properties that will be up for sale)
* houses whose sellers have waited for the market to improve
According to a recent Standard and Poors report, the existing foreclosure inventory pales in comparison to the number of homes about to come to market as distressed properties. In fact, the number of homes that are about to become distressed properties is 31 times greater than the number of homes currently on the market in that category!!
These liquidated properties provide the market with a supply of homes for sale. Home prices directly reflect the relationship between the supply and demand of properties for sale. Prices will remain level if a comparable increase in demand accompanies an increase in supply. Otherwise, an increase in supply will result in a decline in prices to attract demand.
Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
Friday, February 5, 2010
Thursday, November 5, 2009
Home Buyer Tax Credit Extention
Breaking NEWS!!! Colorado Springs Home Buyer Tax Credit Extened!!!
Here is a summary of the changes:
The expiration date for the credit will now be April 30, 2010. First-time buyers who have not had interest in a principal residence for three years are still eligible, and the maximum amount remains the same $8,000 for married couples, $4,000 for those filing separately.
NEW !!! Current homeowners, who have consecutively maintained the home they want to sell as their primary residence for five of the last eight years, are also eligible. However, the maximum amount for those homeowners is lower: $6,500 for married couples and $3,200 for those filing separately.
The tax credit may not used to purchase a home for more than $800,000. All buyers who want to get the credit must include documentation of the purchase on their tax returns.
The income limits for both tax credits have been raised to $125,000 for single buyers and $225,000 for married couples.
Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
Colorado Springs Semi-Custom Home
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Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
Wednesday, October 14, 2009
Calling For a Boycott of Monster Energy Drinks, Bring Back Capitalism
Are you Kidding me??? Where has my America gone, oh yeah, to the lawyers. Win elections with money and courts, kill small business with the courts and taxes. I am calling for a boycott of the big business model. Since when did one of these big businesses do something good? Oh wait, they employ a few hundred sorry soles that in a few weeks could all be out in the cold while the lawyers and CEO's of said businesses are fat and happy.
I am totally for capitalism and serving the public with a good or service. I am happy to see people prosper and grow. I cannot stand by and watch small businesses such as this one get clobbered by legal costs for taking NOTHING away from the sales of their ONE BEER!!! You honestly think that Rock Art brewery in Vermont is competing against anything that Monster Energy drink could produce? I don't think so. At most 100,000 people might have heard about Rock Art and this one line of beer. I guess NO ONE can use the word Monster. CRAZY.
I want my America back, TODAY please.
Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
I am totally for capitalism and serving the public with a good or service. I am happy to see people prosper and grow. I cannot stand by and watch small businesses such as this one get clobbered by legal costs for taking NOTHING away from the sales of their ONE BEER!!! You honestly think that Rock Art brewery in Vermont is competing against anything that Monster Energy drink could produce? I don't think so. At most 100,000 people might have heard about Rock Art and this one line of beer. I guess NO ONE can use the word Monster. CRAZY.
I want my America back, TODAY please.
Jay Carden
RE/MAX Properties, Inc.
Search the Colorado Springs MLS
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