206 Kilmer Ct. Colorado Springs, CO. 80916

I have just listed this adorable ranhcer in the Eastborough neighborhood of Southeast Colorado Springs. The home features main level living in the heart of Colorado Springs. This home features a large Living Room and Spacious Eat-In Kitchen and large laundry area as well.   There are three large bedrooms and two baths. The home is situated on a quiet cul-de-sac and has a fenced back yard.   Additionally, there is an attached one car garage. The home is in great condition and ready for occupancy. For More information: http://kilmercourt.com/  {rsmediagallery tags="kilmer"}

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Obama Directs FHA to Reduce Mortgage Insurance Premiums

On January 26th, the Federal Housing Administration reduced its mortgage insurance premiums by 50 points, from 1.35% to 0.85%. This was by executive order from President Obama. The cuts will help more than 800,000 homeowners save about $900 per year and existing homeowners who refinance will see similar savings.  The White House estimates that the lower premiums will enable up to 250,000 new buyers to purchase a home. FHA raised its mortgage insurance premiums as a result of the financial meltdown and foreclosure crisis. Now, home values are on the rise, jobs are improving and foreclosures have fallen to the lowest level since 2006. FHA will not need another bailout due to improving financial conditions. I’m hopeful that this will have a significant positive impact for many borrowers and the housing market.  

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Meet My Puppy!

What do puppies and real estate have in common...well not much other than I'm a Realtor who happens to have a new puppy.  Meet Clio, pronounced CLY-OH. She's a soft-coated Wheaten Terrier. It all started last month.  We had to put our adult dog down due to health issues.  We were devastated.  She was a family member, and to lose her rather suddenly and right before Christmas made it even worse. So, to assuage our grieving we decided to get a puppy, someone to help fill that hole left behind by our previous dog, someone to love and give our energy to.  Early morning on January 5th we drove excitedly up to the Denver airport where our new puppy would arrive.  She was sent on an airplane from a breeder in North Carolina.  Why a wheaten?  Well, one day I was at the car wash and ran into a man with an adult wheaten.  She was the perfect size...around 30 lbs., cute, smart, interactive, obedient and she didn't shed!  Turns out they have hair not fur, so there is no shedding. I was especially excited about that since our last three dogs have all been very furry Chows! Clio is definitely much easier to groom.  A light daily brushing and eventually, regular visits to the groomer for "hair cuts" is all she will need.  Her hair is very soft, and I'm told she will lose most of the dark coloring and mature into a true wheat color as an adult. She's a great sleeper and eater and is gradually learning to walk on her leash around the neighborhood.  She's quite vocal and talks up a storm, which takes some getting used to. I'd say the only thing I wasn't prepared for is the length of time it's taking to completely house break her.  With dogs past, I've had them all house broken in about a week.  This one is definitely more challenging.  She gets the whole going outside thing quite well, but she hasn't completely learned to leave inside when the urge hits. I must confess, this traning is exhausting!   Overall, I am very pleased with our decision to get this puppy.  But if any kind soul out there has some good advice on how to house break, I'm all ears!  Replies are welcomed and appreciated!      

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Everyone Wear Green!

I'm totally wearing green tomorrow!  Admittedly, it's one of my favorite colors to wear but that's not why I'm wearing it.  Tomorrow there will be high ranking military officials in Colorado Springs, here to determine the pros and cons of military cutbacks at Fort Carson.  As a community, we are told to wear green in protest to these cutbacks.  It's our way of telling the government that we want to keep Fort Carson and the local economy strong.  Here is an excerpt from our local paper, with more details on this: "The Colorado Springs Regional Business Alliance hopes to make Feb. 3 look like St. Patrick's Day in Colorado Springs as part of an effort to stave off military cuts.

Getting locals to wear green that day is part of a wider effort to impress Army brass who will be in town to hear public comments on cuts for Fort Carson that could eliminate up to 16,000 soldiers from the 24,500 now on the post. The alliance is working to pack the Army's "listening session" downtown with boosters, including Colorado's Democratic Gov. John Hickenlooper.

 

 

 

"The Army is sending out some pretty significant officials," said Andy Merritt, who oversees military affairs for the alliance. "We certainly want to be able to make sure those guys go back with a positive view of what is going on here." The Army is dealing with a $900 billion financial squeeze over 10 years brought on by postwar downsizing of the defense budget and $50 billion in annual cuts mandated by a 2011 budget deal in Congress called sequestration. Last spring, the Army announced proposed cuts of up 16,000 soldiers at each of 30 installations, including Fort Carson. The move, Army leaders said, will allow the brass freedom to pick targets for a cut of 40,000 soldiers designed to trim the Army's active-duty roster to 450,000. That makes it unlikely that any base will take the full brunt of the cut. But any cut worries business leaders in Colorado Springs, where the alliance says 50 cents out of every payroll dollar are tied to the Defense Department." Around 50% of our local economy is military.  That is our stability.  Personally, military buyers and sellers are a huge part of my real estate business.   I encourage everyone to get out your green stuff tomorrow!

 

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2015 Real Estate Update

COLORADO SPRINGS REAL ESTATE IS GOING STRONG SO FAR THIS YEAR.  HERE IS HOW WE DID IN JANUARY:   SINGLE FAMILY HOME SALES             - UP 6.7% OVER JANUARY 2014 AVERAGE SALES PRICE S/F HOME     - UP 11.4% OVER JANUARY 2014 CONDO/TOWNHOME SALES                  - UP 30.3% OVER JANUARY 2014 AVERAGE SALES PRICE CONDO/T.H.  - UP 2.8% OVER JANUARY 2014 TOTAL S/F HOMES FOR SALE                - DOWN 23.5% FROM JANUARY 2014 TOTAL CONDO/T.H. FOR SALE              - DOWN 15.6% FROM JANUARY 2014   IN SUMMARY...SALES ARE UP AND GOING STRONG, ESPECIALLY FOR JANUARY WHICH IS HISTORICALLY, NOT OUR BUSIEST MONTH.  PRICES ARE UP COMPARED TO LAST YEAR AT THIS TIME.  INVENTORY (meaning homes for sale) IS WAY DOWN.     SUPPLY IS DOWN.  DEMAND IS STRONG.  INTEREST RATES ARE STILL AT RECORD LOWS.   WOO HOO, I SAY!

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