A number of Colorado Springs homeowners may find surcease from new short sale incentive programs offered by the United States Treasury and the nation’s large lenders. Beginning April 5, 2012, the government began encouraging buyers and banks to solve foreclosure problems by ramping up short sales. Although the Colorado Springs CO home market experiences fewer foreclosures than many metropolitan areas, these short sale incentives may help challenged borrowers to move on. Colorado Springs Colorado real … [Read more...]
Will Next Home Refinance Plan Help Colorado Springs Homeowners?
President Obama’s new housing refinance plan would help struggling borrowers of homes in Colorado Springs and throughout the nation to qualify for new mortgages with lower payments. Some Colorado Springs CO real estate is valued under the amount of the home loan or property loan. Nonetheless, Colorado is in pretty good shape compared to states such as Nevada and Florida where values have plummeted over the past half-decade. Although geared towards states with very fragile economies, last week’s … [Read more...]
Homes in Colorado Springs offer Timeless Lifestyle Qualities
The quality of life for Colorado Springs homeowners and residents cannot always be measured in tangibles. Yet we try to pin the tail on high income, high education, and other variables. Many of our attributes are timeless. The one feature that remains steady for owners of Colorado Springs real estate is out beautiful location on the Front Range of the Colorado Rocky Mountains. Snowy peaks, dramatic red rocks, luscious parks, healing mineral waters—and a central location in the United States—endear us … [Read more...]
Hope for Stable Colorado Springs Home Foreclosure Rates and Home Sales
The month of August came and went for most Colorado Springs homeowners, but some received bank default notices for the first time. Whether the rate of foreclosures on Colorado Springs real estate increases as it has in the State of Colorado or whether the foreclosures coming into play are balanced by other Colorado Springs home sales remains to be seen. On September 15, 2011, the Denver Post cited a report from the Colorado Division of Housing. “Foreclosure filings hit a six-month high in August while … [Read more...]
Colorado Springs Homeowners and Businesses Rake in 2010 Awards
Congratulations to the citizenry of Colorado Springs CO homes, neighborhoods, businesses, and organizations. In 2010, residents of Colorado Springs real estate could take credit for a series of honors. From overarching awards based on many variables to specific awards, real estate in Colorado Springs offers many inviting reasons why folks from around the nation and world may want to relocate here. From safety to education, health to the arts, Colorado and Colorado Springs made it into the top flank. … [Read more...]