SpringsHomes Blog

Finally we see some good news for the higher end home market. The "Mortgage Bankers Association" reports the average size of a mortgage purchase application increased 9 percent from December to the end of March, from $214,500 to $233,300 in March.

Really good news for the Colorado Springs Real Estate market because these numbers are just above our median home price of $180,000. Our hope is that as homes sell those buyers stay in our market and move up to more expensive home.

Here is a more in-depth look at this report from CNBC

I love good infographics. Mint.com not only creates great infographics, they also do a wonderful job of explaining complex concepts in an objective manner. So, when I came across these infographics, I really wanted to share them on our site, so here is a great explanation of Inflation.

Mint.com created this great infographic on "Deflation". I think it does a great job of explaining deflation, so I wanted to share it with our users! Please take a look: