The number of homes that were for sale compared to December of last year are down from 201 new listings in December compared to 263 last year. Not surprisingly however the total number of homes for sale in December came in at 667 compared to last year at 448, almost a 50% increase. Compared to […]
Quite an interesting month for home sales in Pueblo County. Prices year over year are 3.0% higher than a year before. This figure represents a drop in value from the median price of $340,000 from May of this year. That represents a 10% drop in prices in the past six months. The decrease in median […]
In Colorado, it’s not a matter of do you have radon, it’s a question of how much radon do you have? What is Radon? Radon is a naturally-occurring radioactive gas that can cause lung cancer. Radon gas is inert, colorless and odorless. Radon is naturally in the atmosphere in trace amounts. Outdoors, radon disperses rapidly […]
When you sell a house, you’re looking to get the most you can for it. What if a company promised you’d make more money selling it to them than you would on the open market? You’d probably say, “Sold!” According to the FTC, that’s what house buying company Opendoor Labs told people looking to sell their homes […]
Sept 27, 2021, the Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2021-24, Extension for COVID-19 Forbearance and COVID-19 Home Equity Conversion Mortgage (HECM) Extensions. This ML provides: Up to six months of COVID-19 Forbearance for borrowers requesting their initial COVID-19 Forbearance on October 1, 2021, through the end of the COVID-19 National Emergency, […]
For April 2021 the median selling price of homes in Pueblo County was up to $275,000, this is an 18.1 increase since this time last year. With no end in sight the Pueblo real estate market continues to be a game of whack-a-mole. A home gets listed for sale and within a few days […]
During the 2019 Colorado legislative session a number of Bills passed that affect property managers, landlords and tenants. Some of the Bills highlights: HB19-1106 (Rental Application Fairness Act) This Bill concerns the rental application process for prospective tenants. Some of the Bill’s highlights include: A landlord shall not charge a prospective tenant a rental application […]
Many times when I’m talking to potential home sellers especially in Pueblo West CO they often ask what they can do to increase the value of their home and ultimately the selling price. Remodeling magazine recently published their 31st annual cost vs value report that offers “an unbiased, third party report on how much […]
There is no doubt that home prices have been rising steadily in the Pueblo real estate market. On Nov 28, 2017 the Federal Housing Finance Agency, the Federal Housing Administration announced it will increase its loan limits in most areas of the country in 2018. The FHFA limits are for loans eligible or guaranteed […]
Buying a home is no small matter. Besides being the largest financial transaction you may ever undertake, it’s probably also the most complex. There are many good reasons to work with a qualified real estate professional—especially a trained professional who has earned the Accredited Buyer’s Representative (ABR®) designation, representing best-in-class buyer services. When you look […]
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