The big news from Pagosa is real estate. The market is the strongest I’ve seen in several years. It feels like August and it’s only April. This is not an April Fools joke! March activity was up across the board. I have been writing lots of contracts, three of which are in the multi-million dollar […]
Rent Again?
Better Homeowners Rent Again? After you take the training wheels off your bike and learn to ride it, you’d never consider putting them back on again. Similarly, once you’ve owned a home, you might think you’ll own a home from now on but there may be some situations where it might make sense to rent […]
Home Too Big Now?
Better Homeowners Home Too Big Now? Once the kids are grown, have careers, relationships and get a place of their own, parents find that they may not need their “big” home like they did before. Their lifestyle may have changed and the house just doesn’t “fit” anymore. Benefits of a smaller home: Easier to maintain […]
FHA or Conventional?
Better Homeowners FHA or Conventional? Buyers with a minimum down payment are generally faced with the decision of whether to get a FHA or a conventional loan. With the new 3% down payment program on conventional loans, it may become more confusing which loan to pursue. The two loan programs have mortgage fees that can […]
March 2015 Pagosa Springs Real Estate Newsletter
So much for an early spring. Winter has returned with a vengeance. Two weeks ago there was almost no snow in town and temperatures were in the 50s. Now there is two feet of snow in my yard, and it was zero degrees this morning. Wolf Creek received 97 inches of snow in 11 days. […]
Time to adjust your clocks this weekend
Spring Forward on Second Sunday in March This weekend, adjust your clocks forward by one hour. Most people find it convenient to change their clocks before they go to bed on Saturday night. Lee Riley Jann C. Pitcher Real Estate 2261 Eagle DrivePagosa Springs, CO 81147 (970) 731-4065 [email protected] www.ISellPagosa.com This […]
February 2015 Pagosa Springs Real Estate Newsletter
We have had a very good start to the year 2015. The weather has been beautiful with bright, warm, and sunny days all through January. I’m getting Spring fever already, though I’m loving this mild winter. Unfortunately, all this sunny weather has left us with snowpack at 65% of median for this time of year. […]
How Half a Percent Could Save You Thousands
Over 50% of homebuyers don’t shop to find the best interest rate for their mortgage. While a buyer would rarely purchase the first home they look at, they will accept the rate and terms offered by only one lender. While the borrower and the property affect the rate and terms that a lender may offer, […]
Thinking of Downsizing?
With roughly 12.5% of the population over 65 years of age, it is understandable that some of them are thinking of downsizing because they may not need the amount of space they did in the past. There is something to be said for the freedom acquired by divesting yourself of “things” that have been accumulated […]
January 2015 Pagosa Springs Real Estate Newsletter
2014 turned out to be a very good year. I just conducted my unofficial survey of our business community by walking around town, as well as stopping by the Chamber of Commerce. Almost without exception, I heard the holiday season was prosperous for one and all. These local findings closely mirror the national situation. Consumer […]