Local Information (Page 2)

interest rates

Houses got cheaper, but how could that be? You can thank our record-low interest rates for that! As interest rates decrease, purchasing power for buyers increases, which means you may be able to afford more house now than ever before! According to John Haney, owner of Colorado Mortgage Company, “VA interestRead More →

July Real Estate Stats for Old Farm

July Real Estate Stats for Old Farm in CO Springs show that sales are up over 114%! Despite all of the obstacles real estate has faced, prices have risen and homes are selling in an average of 7 days! The median price was up 7.86% at $350,000 and the averageRead More →

New Life Church East to Resume Services

New Life Church will resume in-person services on Sunday, August 16th at their East Campus (Grand Peak Academy). There will be a 9:00am and 11:00am service. Due to COVID, the church has been live streaming services. In-person services for New Life East are held on Thursdays at the North Campus.Read More →

Old Farm Real Estate Stats YTD

Old Farm Real Estate Stats YTD show that real estate is also in back in full swing, after a COVID shadowed May. Overall, sales are up 18.52% in Old Farm year-to-date, with 32 homes sold this year versus 27 last year. Additionally, home prices are up this year compared to lastRead More →

Hiking Trails Colorado Springs

As the weather is starting to warm up, what better way to enjoy Colorado (and social distance) than to go hiking?! There are so many amazing hiking trails in Colorado Springs to choose from. Here are some of the most popular hiking locations nearby: Garden of the Gods Park: ByRead More →

Old Farm May Stats

May Real Estate Stats for Old Farm in CO Springs show the strong demand for homes in your area! Despite all of the obstacles real estate faced in April, prices have risen and homes are selling in an average of 2 days! The median price was up almost 11% atRead More →

Real Estate and the Economy

Did you know that real estate stimulates the economy in multiple ways? According to the National Association of Realtors (NAR), the real estate industry accounted for $80 billion or 20.5% of the GDP in 2019. The total economic impact of 1 home sale in Colorado was approximately $122,780 in 2019Read More →

Ask The Experts Session 1 Real Estate Questions

Did you know that we have been hosting “Ask The Experts” live, virtual sessions? Here you can ask industry experts their advice on mortgages and real estate. For this session, our industry experts include: Rick Van Wieren, Broker Associate at RE/MAX Properties Mary Barkley, Buyer Specialist at RE/MAX Properties JohnRead More →

Real Estate Showings in Colorado

Real estate showings in Colorado are allowed again. As of Monday, April 27th, the real estate showing restriction has been lifted. While this means that agents may resume showing homes, it does not mean that precautions are not being taken. During the restriction, a home had to be under contractRead More →

Old Farm Real Estate Stats

Real estate statistics for Old Farm in CO Springs shows that prices are still increasing! We just did our monthly and quarterly stats. The median price was up 9.7% at $343,500 and the average price was up 10.7% at $339,768 for the first quarter. Over the last 3 months, homesRead More →