Real Estate Information Archive

Blog

Displaying blog entries 1-2 of 2

2011 May Sales Activity

by The Colorado Springs Group™

Broken down by area to give a better prospective on the results from May. Single Family & Patio Homes

Black Forest: 17 Sales for a total dollar volume of $5,878,400

Briargate: 43 Sales for a total dollar volume of $12,929,989

Central: 48 Sales for a total dollar volume of $7,667,556

East: 55 Sales for a total dollar volume of $9,117,497

Fountain Valley: 110 Sales for a total dollar volume of $17,200,351

Falcon - Peyton: 49 Sales for a total dollar volume of $10,562,020

Marksheffel: 10 Sales for a total dollar volume of $2,254,055

Northeast: 65 Sales for a total dollar volume of $13,426,879

Northwest: 31 Sales for a total dollar volume of $9,422,300

Northgate: 19 Sales for a total dollar volume of $6,913,699

Old Colorado City: 22 Sales for a total dollar volume of $3,570,287

Powers: 79 Sales for a total dollar volume of $15,087,969

Southeast: 48 Sales for a total dollar volume of $5,730,464

Southwest: 44 Sales for a total dollar volume of $13,088,967

Tri-Lakes: 47 Sales for a total dollar volume of $17,332,356

West: 18 Sales for a total dollar volume of $3,546,260

"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period 5/1/2011 through 5/31/2011.  RSC does not guarantee or is in any way responsible for its accuracy.  Data maintained by RSC may not reflect all real estate activity in the market."

 

Fighting Foreclosure

by The Colorado Springs Group™

When things get tough in the economy, and housing prices drop, it's inevitable that many people are going to be facing foreclosure. If you're facing foreclosure, you might feel helpless or as though there is nothing you can do. For some people, that is the cold hard truth.

In other situations you can put up a legitimate fight to keep your home. In terms of what we can do as Realtors, it's limited to letting you know what options you might have, and who to contact. But the information we have has helped people keep their homes. There are no guarantees, and from what we're seeing most of the time the end result is having to sell the home (possibly as a short sale), or allowing the foreclosure to happen.

There are ways to postpone things to allow for more time, but even those situations can become stressful for people who are already under enough stress. The one thing we would recommend is at least checking into fighting the foreclosure to see how things look.

Not everyone wants to fight, and that's okay. What's bothersome is when someone loses their home in a foreclosure and then finds out they could have put up a fight... they just didn't understand how they could.

Displaying blog entries 1-2 of 2

Syndication

Categories

Archives

Share This Page

Contact Information

The Colorado Springs Group™
6665 Wild Indigo Drive
Colorado Springs CO 80923
(719) 799-3686

Kevin & Jessica
The Colorado Springs Group
6665 Wild Indigo Drive
Colorado Springs, CO 80923
(719) 799-3686