Our Blog
Fed Announces Operation Twist
September 26, 2011 by Marni and Scott Huger · Leave a Comment
New plan focuses on mortgage rates; experts’ response is mixed After a two-day closed door policy meeting last week, the Federal Reserve announced its latest effort to stimulate the economy: “Operation Twist.” The crux of the plan is to put downward pressure on long-term interest rates by shifting $400 billion from short term Treasury holdings to longer term Treasuries. Writing... [Read More]
NAR Offers Recommendations to Federal Agencies
September 19, 2011 by Marni and Scott Huger · Leave a Comment
A three prong approach to helping the housing market recover In a recent article, the Associated Press reported that RealtyTrac Inc.’s latest data show bank actions against defaulting mortgage holders rose 33 percent in August from the previous month. As the existing and future inventory of foreclosed upon, or real estate owned (REO), properties continues to loom over the housing market,... [Read More]
Is A Low Appraisal Putting a Spoke in Your Deal?
September 12, 2011 by Marni and Scott Huger · Leave a Comment
5 tips from the experts to help keep your transaction alive A recent article from RIS Media discusses the increasing percentage of real estate deals that are getting snagged when the appraisal comes in lower than expected. According to the article, this past June and July alone saw 16 percent of real estate professionals reporting a sale cancellation as a result of low appraisals. What can you... [Read More]
Housing Market Once Again Regional
September 5, 2011 by Marni and Scott Huger · Leave a Comment
Mixed recovery signals a return to localized shifts and trends The S&P/Case Shiller home-price index, released last Tuesday, showed a 3.6 percent increase in home prices from the first quarter of this year to the second. According to the index, however, the average home price year over year dropped 5.9 percent for the first six months of this year compared with last year. Average home prices... [Read More]
Foreclosures Are Down and Preforeclosures Discounts Are Up
August 29, 2011 by Marni and Scott Huger · Leave a Comment
The housing market appears to becoming more efficient RealtyTrac reported that the share of homes in some stage of foreclosure dropped 5 percent from the first quarter of this year to 31 percent in the second quarter. Additionally, the average sales price of bank-owned (or “REO”) properties was discounted another 4 percent (to 40 percent from 36 percent) below the average sales... [Read More]
The Sanctuary Resort and Spa, Costa Rica
July 4, 2011 by Marni and Scott Huger · Leave a Comment
$2,900,000 AUCTION PROPERTY. The extraordinary Sanctuary Resort and Sanctuary Towers Condominiums is set in the Guanacaste region of Costa Rica and in the heart of Playa Azul (Blue Beach), and is one of Costa Rica’s premier oceanfront real estate developments with miles of secluded beaches, pristine tropical forests, exotic marine life, and world-class sport fishing. Just 90 minutes from the... [Read More]
4095 Morning Glory Road, Colorado Springs, CO
July 1, 2011 by Marni and Scott Huger · Leave a Comment
Beautifully maintained home in Briargate with walls of windows overlooking panoramic Pikes Peak views! Arched doorways, gourmet kitchen, luxurious master suite, professionally finished lower level, and a large deck overlooking the Front Range all showcase this immaculate home. The exquisite kitchen is both elegant and functional with custom cherry cabinetry, slab granite, Bellagio tile, travertine... [Read More]
50 Palm Springs Drive, Colorado Springs, CO
June 12, 2011 by Marni and Scott Huger · Leave a Comment
Wonderful Gleneagle home in a beautiful setting with hardwood floors, beamed ceilings, multiple decks, spacious living and dining areas, bay windows, warm gas-log fireplace, wet bar with granite, hot tub, and breathtaking mountain views from the park-like landscaped yards. A wraparound deck and covered front porch welcome you inside to a large entryway, and rich hardwood floors flow to the spacious... [Read More]
20 West Ramona Avenue, Colorado Springs, CO
June 8, 2011 by Marni and Scott Huger · Leave a Comment
Excellent investment or homeowner opportunity! Charming 1920 bungalow on ¼ acre fenced lot with original hardwood floors under carpet, beautiful built-ins, beamed ceilings, main-level bedrooms and a history of rental income. This sunlight-filled home features open living and dining areas with original craftsman pedestals, front sunroom, ceiling fans, and updated cabinets/countertops in the kitchen.... [Read More]
4917 Ardley Drive, Colorado Springs, CO
May 5, 2011 by Marni and Scott Huger · Leave a Comment
Wonderful home with soaring cathedral ceilings and 2 master suites! An open design, multiple living/family areas, French doors, and a fenced rear yard all showcase this charming home. The spacious kitchen boasts abundant cabinetry/countertop space and a sunny dining area, and walks out to the redwood deck overlooking the fenced yard. Cathedral ceilings grace the open living area and the main level... [Read More]
