February 2012
Mortgage Rates Hovering At Historic Lows
February 27, 2012 by Marni and Scott Huger · Leave a Comment
Although most types of mortgages fell a bit last week, experts are predicting a rise in rates in the upcoming weeks due to positive trends in the economy and stock market. 30-year fixed: twelve weeks under 4.0 percent Last week, Freddie Mac reported that rate for 30-year fixed mortgages dropped to 3.87percent — the lowest in over 50 years. By the end of the week, though, the rate climbed... [Read More]
The “Robo Settlement” — What’s in the Details?
February 20, 2012 by Marni and Scott Huger · Leave a Comment
Who Wins and Who Loses in the $26 Billion Deal The $26 billion dollar settlement announced earlier this month the Department of Justice and and Attorneys General from every state with the exception of Oklahoma is being hailed a significant victory for consumers and a step forward for the housing market. Major Lenders Involved in the Settlement There are five major banks involved in the settlement:... [Read More]
693 Orchestra Drive, Colorado Springs, CO
February 19, 2012 by Marni and Scott Huger · Leave a Comment
Stunning Broadmoor Bluffs home with a luxurious main level master suite, warm hardwood floors, exquisite kitchen, arched doorways, beautifully finished walk-out lower level, and HOA maintained landscaping and stucco/stone exterior! Hardwood floors flow from the entryway to the elegant and functional kitchen with ample cabinetry, custom tile work, gas stove, and a breakfast bar perfect for casual dining.... [Read More]
Why the Crisis In Greece Matters Here
February 13, 2012 by Marni and Scott Huger · Leave a Comment
How US Mortgage Rates Are Impacted by the Eurozone Economy Although Greece seems far away — and far from involved in the mortgage and housing market challenges faced in the U.S., the fact is that our economies are linked. Simply put, Greece is bankrupt, which means it can’t pay its debts, including those made by foreign governments and banks. Although the direct exposure of U.S.... [Read More]
1803 Snowflake Drive, Colorado Springs, CO
February 12, 2012 by Marni · Leave a Comment
Exquisite home in School District 20 backing to open space, with walls of windows overlooking panoramic Pikes Peak views! Warm hardwood floors, arched doorways and pillars, see-through fireplace, multiple living and dining areas, walk-out lower level, stunning low-maintenance landscaping, and incredible views of the Front Range all showcase this spacious home. Hardwood floors flow through the gracious... [Read More]
2248 Gilpin Avenue, Colorado Springs, CO
February 7, 2012 by Marni and Scott Huger · Leave a Comment
Stunning townhome with an oversized garage, fenced and private rear courtyard, open design, and stunning Pikes Peak views! The spacious kitchen offers new appliances, a breakfast bar for conversation and casual dining, ample cabinetry, and a convenient kitchen island. The nearby eating nook walks out to a private courtyard and a large garage, and the open living area is ideal for entertaining. A... [Read More]
What the Drop In Unemployment Means For Housing Market
February 6, 2012 by Marni and Scott Huger · Leave a Comment
Home sales rise as home prices continue to fall Unemployment rate falls to 8.3% The unemployment rate in January of this year fell to to its lowest point in nearly three years, since February 2009. This, along with the number of people jobless (12.8 million) — also the lowest in nearly three years — are good indicators that the economic recovery is impacting... [Read More]
2970 Banjo Drive, Colorado Springs, CO
February 5, 2012 by Marni and Scott Huger · Leave a Comment
Beautifully updated home with multiple living and dining areas, master bedroom with private deck, warm brick fireplace, professionally finished lower level, and park-like fenced rear yard! The open living and formal dining areas boast new carpet and paint, and the spacious tiled kitchen is both elegant and functional with abundant cabinetry, a bar for casual dining, and new appliances. The master... [Read More]
1917 Carlton Avenue, Colorado Springs, CO
February 4, 2012 by Marni and Scott Huger · Leave a Comment
Charming home with main level living, warm hardwood floors, and a huge fenced and tree-shaded yard! The beautifully updated kitchen has glass-face cabinets and plenty of countertop space, and the nearby dining area walks out to a rear patio, towering pine trees, and a fenced yard perfect for family or entertaining. Hardwood floors flow through the living area to the master bedroom with an attached... [Read More]
