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 MoreLaura's Colorado Springs Real Estate Blog
10 Tips Most First-Time Home Buyers Don't Consider→
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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.
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The Importance of Using a Real Estate Professional When Selling Your Home
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When a homeowner decides to sell their house, they obviously want the best possible price with the least amount of hassles. However, for the vast majority of sellers, the most important result is to actually get the home sold.
In order to accomplish all three goals, a seller should realize the importance of using a real estate professional. We realize that technology has changed the purchaser’s behavior during the home buying process. For the past two years, 92% of all buyers have used the internet in their home search according to the National Association of Realtors’ 2014 Profile of Home Buyers & Sellers.
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.
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