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The Real Estate Network

"The Home Specialist"

Blog by Enid Beitzel
Colorado Springs, Colorado

Listing and selling real estate in Colorado Springs

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RE: Mortgage update-- August 24, 2009
The decline in interest will be  great relief...
Yes it is!
There will never be a better time to buy a home th...
RE: Home Staging Continued
I am not a Home Stager, but I am one of the few Re...
RE: Home Staging Continued
I know first hand how staging can make a differenc...
RE: Home Staging Continued
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"The Home Specialist"

Austin Heights in Colorado Springs update--November 23, 2009

Nov. 23, 2009
Categorized in: Austin Heights

Currently there are still 6 homes listed for sale in our MLS system for Austin Heights in Colorado Springs with prices ranging from $349,900 to $470,000. One other property is still pending with a list price of $350,000. Nine properties have closed this year with prices ranging from $245,000 to $485,000. I say we have had a good year for sales in Austin Heights.

Mortgage update-- November 9, 2009

Nov. 9, 2009
Categorized in: Mortgage Update
Interest rates are still around 4.75%. This is very impressive. The housing market seems to be stabilizing. One reason could be the reduction of inventory. Analysts say that the stabilization of the market doesn’t mean that prices will rise anytime soon. Some think the supply will decline below the pre-2006 levels by the end of 2009. This is very encouraging.

Homebuyer Tax Credit Extended!!!

Nov. 5, 2009
Categorized in: Miscellaneous

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.

 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.
 
This is a major victory for consumers, REALTORS® and the housing market.
--Government Affairs at PPAR.com
 

Top of Skyway in Colorado Springs update October 31, 2009

Oct. 31, 2009
Categorized in: Top of Skyway
According to our MLS system at PPAR in Colorado Springs there are currently 6 homes for sale in Top of Skyway with prices ranging from $539,000 to $725,000. Three other homes are under contract or pending with list prices between $479,000 and $699,000. Two properties sold this year with sale prices of $690,000 and $730,000.

Skyway Heights in Colorado Springs update October 29, 2009

Oct. 29, 2009
Categorized in: Skyway Heights
According to our MLS system there are currently 5 homes for sale in Skyway Heights with prices ranging from $590,000 to $759,000. One property is Pending with a list price of $629,000 and one other property sold this year with a sale price of $650,000 www.beitzel.com enid@beitzel.com

Mortgage update--September 18, 2009

Sep. 18, 2009
Categorized in: Mortgage Update
From what I am reading the outlook for the economy appears to be improving gradually. Mortgage rates today are around 4.75%! Very nice! The economy seems to be experiencing moderate growth with low inflation so far. Housing starts also moved a bit higher. It appears there is a 2% growth since last November. The first time tax credit is still available but not for much longer unless they change the law.

Top of Skyway in Colorado Springs update Sep. 12, 2009

Sep. 12, 2009
Categorized in: Top of Skyway
According to our MLS system at PPAR in Colorado Springs there are currently 9 homes for sale in Top of Skyway with prices ranging from $479,000 to $1,995,000. One other property is under contract with a list price of $795,000. One property sold this year with a sale price of $690,000. Sales seem to be taking longer this year in Top of Skyway

Skyway Heights update September 9, 2009

Sep. 9, 2009
Categorized in: Skyway Heights
According to our MLS system there are currently 6 homes for sale in Skyway Heights, Colorado Springs with prices ranging from $585,000 to $775,000. One property is Under Contract with a list price of $629,000 and one other property sold this year with a sale price of $650,000 If you have any questions send me an email. My email address is enid@beitzel.com

Austin Heights in Colorado Springs Update-September 5, 2009

Sep. 5, 2009
Categorized in: Austin Heights
There are currently 4 homes listed for sale in our MLS system for Austin Heights in Colorado Springs with prices ranging from $386,000 to $485,000. One other property is pending with a list price of $350,000. Eight properties have closed this year with prices ranging from $245,000 to $485,000. We have had a good year for sales in Austin Heights. What a great time to purchase a home!

Is homeownership right for you?

Aug. 29, 2009
Categorized in: Miscellaneous
Purchasing a home is no doubt the biggest investment you will ever make. Homeownership has many benefits but also brings responsibility. It is important that you have a steady income and steady employment history for at least 2 years. You must have a good credit history. It is important that you can not only make your house payment but also have extra for maintaining your home. When purchasing a home you need to consider the changes it brings. You need your monthly payment to fit into a decent budget so you will not be cash poor and can afford to enjoy eating out or some sort of entertainment once in awhile. There are many sources for you to find out details on how to manage your income and expenses so you can live happily! Check out the website at www.freddiemac.com

Mortgage update-- August 24, 2009

Aug. 24, 2009
Categorized in: Mortgage Update
Interest rates are still hovering around an all time low of 5%. VA loan limit is $417,000 FHA loan limit in El Paso county for single family is $325,000

Hurry, Buyers, to beat the tax credit deadline!

Aug. 21, 2009
Categorized in: Miscellaneous
Time will be running out for first time home buyers to take advantage of the $8,000 tax credit. You have to close on your property by Nov. 30th and it is taking up to 45 days to close a loan so all interested buyers need to get a wiggle on or it will soon be too late.

Top of Skyway in Colorado Springs update August 15, 2008

Aug. 15, 2009
Categorized in: Top of Skyway
According to our MLS system at PPAR in Colorado Springs there are currently 8 homes for sale in Top of Skyway with prices ranging from $525,000 to $1,995,000. One other property is under contract with a list price of $795,000 One property sold this year with a sale price of $690,000

Austin Heights update--August 8, 009

Aug. 8, 2009
Categorized in: Austin Heights
There are currently 3 homes listed for sale in our MLS system for Austin Heights in Colorado Springs with prices ranging from $349,900 to $398,000. Two other properties are pending with list prices of $350,000 and $499,000. Seven properties have closed this year with prices ranging from $245,000 to $417,000. Now is a good time to buy a home in Austin Heights.

Encouraging news about Colorado

Jul. 29, 2009
Categorized in: Miscellaneous
From what I have been reading it looks like there are signs of our home values rebounding in Colorado. The more expensive homes are still in a buyer’s market. However, homes under $400,000 are starting to move. A total of 873 homes sold in June in El Paso County. Median price was $194,700 and average days on the market was 89 days. June was a good month in the real estate world in El Paso County. Homeownership is the American dream and now is the time to get on with the show.

Top of Skyway in Colorado Springs update July 18, 2008

Jul. 18, 2009
Categorized in: Top of Skyway
According to our MLS system at PPAR in Colorado Springs there are currently 9 homes for sale in Top of Skyway with prices ranging from $559,000 to $2,500,000. One other property is under contract with a list price of $795,000 One property sold this year with a sale price of $690,000

Skyway Heights update-July 12, 2009

Jul. 12, 2009
Categorized in: Skyway Heights
According to our MLS system there are currently 6 homes for sale in Skyway Heights, Colorado Springs with prices ranging from $585,000 to $849,000. One property sold this year with a sale price of $650,000 If you have any questions send me an email. My email address is enid@beitzel.com

Austin Heights Update July 7, 2009

Jul. 7, 2009
Categorized in: Austin Heights
There are currently 5 homes listed for sale in our MLS system for Austin Heights in Colorado Springs with prices ranging from $369,900 to $519,000. One other property is pending with a list price of $350,000. Seven properties have closed this year with prices ranging from $245,000 to $417,000. Now is a good time to buy a home in Austin Heights.

Interior decorating

Jul. 1, 2009
"I'm no artist, but I know what I like!" This is a commonly heard remark reflecting the fact that the ability to send a message to others by what you allow them to see is skill we don't all have. You want the inside of your home to say something about you and your family to visitors. You know what you wish to say, but may be unsure how to say it. If so, you need an interior decorator. Finding the right one is important in creating the look you wants in your home, at a price that is within your budget. Firms that do this work often exhibit different styles, either on their own premises or publicly elsewhere. The place where you buy your furniture may be able to recommend several, or have a particular one available at little or no cost to assist you. Whoever you get should be a good listener, with the skill to hear what you want to say and the ability to help you say it. with permission--Realty Tips

Colorado Springs--The place to be!

Jun. 19, 2009
Categorized in: Miscellaneous
BusinessWeek has an interesting article this week stating they have examined job opportunities all across the country and identified the top 10 places offering the best opportunities for anyone looking to get a fresh start. Our own Colorado Springs is number 8. We love where we live and welcome anyone else to come join us. No matter what stage of live you are in this is the place to be!