The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand has remained strong throughout the summer as many real estate professionals are reporting bidding wars with listings actually selling above listing price. What about your house?
Read MoreLaura's Colorado Springs Real Estate Blog
The Top Reason to List Your House For Sale Now!→
/
The latest Existing Home Sales Report shows that there is currently a 4.6-month supply of homes for sale. This remains lower than the 6-month supply necessary for a normal market and 5.8% lower than June 2015.
Read More10 Tips Most First-Time Home Buyers Don't Consider→
/
It's been exactly one year since my husband and I purchased our first home. As one might expect, we've learned a number of valuable lessons this past year. There are plenty of articles full of useful tips for first-time home buyers. I am not going to repeat them. Instead, I will list the lessons I personally learned that I didn't find covered anywhere else.
Read MoreColorado Springs Suburb Named 3rd Least Expensive in the Nation
/Cimarron Hills of Colorado Springs was named the 3rd least expensive suburb in the nation, according to Movoto. Cost of living, food and utility costs, housing affordability, property tax rates and state income tax rates and sales tax, were all considered in the review of 139 suburbs of the 50 largest cities in the United States, using the Census as a source. The study found that Cimarron Hills’ cost of living is 6 points below the national average, while property taxes are 53% below the national average.
Read More
