Pueblo County Housing Market 2024 Introduction After a few years of home prices skyrocketing due to low mortgage rates and a lack of homes for sale the economic pressure of rising inflation and the subsequent rise in mortgage rates the market for homes sales in 2023 stayed pretty much stagnant. Not so surprisingly with…
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When a buyer is looking at purchasing a home with a lower interest rate it may allow them the qualify for a more expensive home and save them money in interest payments. With mortgage interest rates at 20 year highs some owners are gaining a competitive advantage of their low interest rates when…
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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…
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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…
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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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If you have been looking at Pueblo homes for sale online for very long you no doubt have come across Zillow.com Zestimate®, pronounced (ZEST-ti-met). The Zestimate® home valuation is Zillow’s estimated market value, computed using a proprietary formula. It is not an appraisal. It is a starting point in determining a home’s value. The Zestimate…
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On Thursday, October 29, 2015 I attended a meeting of a group of top executives from the Housing and Urban Development (HUD), the Federal Housing Administration (FHA) and Colorado Housing Finance Authority (CHFA). The meeting was held to discuss with local REALTORS®, mortgage lenders and community members the impact on housing prices and the lack…
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This handy little infographic outlines the steps to home ownership in a fun to read and understand graphic. Start saving for a down payment Make sure you have a good credit score Get Pre-Approved Find a Great Real Estate Agent Start Looking at Homes Make an Offer Close Escrow A side note: at the beginning…
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Colorado Smelter Added to the National Priorities List On December 11, 2014, EPA added the former Colorado Smelter to the National Priorities List (NPL) of Superfund sites. Superfund is the federal program that investigates and cleans up the most complex, uncontrolled or abandoned hazardous waste sites to protect public health and the environment. EPA and…
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The Pueblo real estate marketplace is hot right now. There are more buyers than homes for sale. In July 48% of all homes sold in Pueblo County did so within 30 days, that’s how quickly good homes are selling. I tell my sellers if the house is priced correctly and in decent shape it will…
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