Your Colorado Real Estate

Colorado Springs Virtual Open House Tours

Welcome to the Colorado Springs and Pikes Peak area Virtual Open House Tour! This site offers you an opportunity to tour featured properties virtually, including in-depth property descriptions and hundreds of property photos. We invite you to comment and ask questions about these properties or general real estate topics, and we will respond to all questions and comments continuously during the day. You may also contact us at any time, and thank you for visiting.

Do Some Houses Sell Faster Than Others?

An interesting infographic says “yes” The site One Block Off the Grid (1bog.org), a free group discount site focused on solar energy solutions for home owners, recently published the following infographic showing some statistics about why some houses sell faster than others.

Good News for Unemployed Homeowners

Freddie Mac and Fannie Mae announce mortgage forbearance extension In another move geared to moving the housing market recovery along, the two major mortgage players, Freddie Mac and Fannie Mae, last week announced expanded relief programs for homeowners struggling with their loans due to joblessness. The thought that relieving some of the stress from the combination of joblessness and mortgage obligations... [Read more about this property...]

1022 W. Pikes Peak Ave., Colorado Springs, CO

1022 W. Pikes Peak Ave., Colorado Springs, CO

Beautiful custom renovation of an 1899 Victorian home on the West Side! Stunning gourmet kitchen, warm hardwood floors, arched doorways, original wood-burning stove, custom in-lay tile work, and an exquisite main-level master suite with attached 4-piece bath all showcase this turn of the century home. A wraparound front porch welcomes you inside to the open living area with a beautifully tiled wood-burning... [Read more about this property...]

News Flash: Housing is Important to Economic Recovery

Federal Reserve speaks up on the housing market Consumer Confidence + Tight Credit + Too Much Empty Property = Slow Recovery Last week the Fed sent a housing “white paper” to Congress discussing the importance of housing to the economic recovery. On Friday, Federal Reserve Governer Elizabeth Duke observed that “housing demand and homebuilding continue to be restrained by weak... [Read more about this property...]

Housing Market: What’s Behind and What’s Ahead

  The housing market in 2011 was a year that saw changing trends and breaking records. Mortgage Rates 15- and 30-year fixed mortgages hit record lows during 2011. via money.CNN.com Freddie Mac’s Primary Mortgage Market Survey showed the interest rate for a 30-year fixed-rate loan averaging 3.91% last week, the lowest in the 40 years of the survey’s history. The average interest... [Read more about this property...]

3088 Ellesmere Drive, Colorado Springs, CO

3088 Ellesmere Drive, Colorado Springs, CO

Beautiful family home on ¼ park-like acres with stunning Pikes Peak views, multiple living and family rooms, warm hardwood floors, arched doorways, soaring cathedral ceilings, and a warm fireplace perfect for cool Colorado evenings! New carpet, a luxurious master bedroom with an attached bath, and an unfinished lower level allowing room to grow all showcase this spacious home. Hardwood floors flow... [Read more about this property...]

Are Home Values Finally Stabilizing?

Zillow Real Estate’s latest market report says maybe On a year-over-year basis, the Zillow® Home Value index declined 5.1 percent. Zillow reports that “the rate of monthly depreciation has stabilized around -0.2 to -0.3 percent over the last few months.” Of the 156 metropolitan statistical areas covered by Zillow, while 95 showed monthly depreciation in home values, 39 areas... [Read more about this property...]

The Housing Market One or Two?

Analysts disagree over definition and future of the market Last week, while some real estate analysts offered a somewhat rosy outlook regarding “stabilizing home prices for non-distressed property,” several industry experts from news sources argued that you cannot simply split the market in two pieces — distressed and non-distressed to paint the picture you want. So what’s... [Read more about this property...]

More and More Experts Say Principal Reduction Is the Answer

Why does the head of Fannie Mae and Freddie Mac refuse to consider it? Last week, a group of Democrats from the House sent a letter to Edward DeMarco (who currently heads up the agency (FHFA) that oversees Fannie Mae and Freddie Mac) asking for a better answer as to why he refuses to implement a principal reduction program at Fannie and Freddie. The letter cites industry experts, all of whom advocate... [Read more about this property...]

Santiago, Veraguas Province, Panama

Santiago, Veraguas Province, Panama

Panama dream home and guest house located in the heart of Santiago in the Veraguas province, and near world-class big game fishing, shopping, hospitals, and El Bongo Nautical Club. Custom teak woodwork, gourmet kitchen with granite, main-level living, air conditioning, surround sound, and security system all showcase this beautiful home. Recently completed in March of 2011, this home offers luxury... [Read more about this property...]

Your Colorado Real Estate