Liz Cobb: 719.492.4040 | Jerry Cobb: 719.492.4041
For most of us, having a mortgage is a necessary evil of home ownership and every moth we shell out money to a lender to pay for it. But the trust is that having a mortgage means you are realizing the “American Dream” and you’ve got one of the greatest assets of all that can […]
Make Your Mortgage Work For You Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates were 6.32%, compared to 4.67% from the same quarter last year (SQLY) Average active listings for the quarter was 1099, compared to 350 from the SQLY (up 214%) Total new listings for the quarter were 2662, compared to 3569 from the SQLY (down 25%) 2079 sales
First Quarter 2023 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates have drifted back up to 6.5%, up nearly a half point over the last 30 days 1,092 listings are on the market, which is double from a year ago, but down 90 units since January New listings for the month were 764, which is down 23%
February 2023 Real Estate Market Update Read More »
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Colorado Annual Appreciation Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates settled back down to 6.13%, down nearly a point from November’s peak 1,172 active listings are on the market, which is up 291% from last year Total new listings for the month were 783, which is down 20% from last year There were 561 sales for
January 2023 Real Estate Market Update Read More »
The beginning of 2022 looked much like 2021 with fewer than 300 homes actively for sale in our local Multiple Listing Service (MLS) and huge demand which was exasperated by near record low mortgage rates. If you wanted to get under contract and close on a home during the first quarter of 2022, you almost
Looking Back at 2022’s Real Estate Market Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates settled back down some to 6.5%, down about a half point from last month 1,682 active listings are on the market, which is up 200% from last year Total new listings for the month were 762, which is down 24% from last year There were 727
November 2022 Real Estate Market Update Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates hit 7.08%, up from 3.0% a year ago 2,047 active listings are on the market, which is up 215% from last year Total new listings for the month were 1,000, which is down 24% from last October There were 899 sales for the month, which is
October 2022 Real Estate Market Update Read More »
Interest rates are rising faster than the price of eggs at the grocery store, and For Sale signs are hatching all around town. If this housing market has you scrambling for answers, you aren’t alone. Is now the right time to buy a home? What if I need to sell? Is my house going to
The Cost of Rising Interest Rates Read More »
Colorado Springs Real Estate Quick Facts 30-year mortgage rates hit 6.7%, up from 2.9% from the same quarter last year (SQLY) 2033 active listings for the quarter is up 166% from the SQLY Total new listings for the quarter were 4355, which is down 17% from the SQLY 3256 sales for the quarter, which is
2022 Q3 Real Estate Market Update Read More »
Liz Cobb | CO 10004107
Jerry Cobb | CO 40042096
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