Kristi DeFazio's (kristidefazio) Blog

Strawberry Fields Condos-Colorado Springs-Market Update     These condos are nestled in the Southwest part of Colorado Springs. They are an excellent choice for anyone that likes the amenities of the city but the feeling of being close to the mountains. Many attractions are close by such as movie...

Northwest Colorado Springs-Woodstone-Market Report Real Estate Market Report- Ending November, 2011   Homes are selling in Woodstone!   Statistics for the past year (ending Nov. 2011)     Number of Homes Sold- 10   Average Price of home sold:   List Price- $297,640 Actual Sold Price- $290,430   R...

My father-in-law was trying to do the right thing by doing a short sale of his home. He was overcome with cancer and medical bills and could no longer make the payments. He spoke with the bank and filled out all of the necessary paperwork for the first and second loan. In August, he lost his batt...

This is some great info. I received from a local lender, Bob Manderfiled at Cherry Creek Mortgage. This will be helpful to a lot of homebuyers looking to do an FHA loan around that limit. Thanks for sharing, Bob!   The House and Senate have passed the Appropriations Bill.  The President is expect...

    Let me begin this by saying that I like dogs, I really do. I own one.  However, I don't think they belong in homes that are being shown to buyers. The only way they can stay and not be a distraction, or a deterrent to even see the home, is if they are kenneled properly. I don't get why seller...

Colorado Springs Real Estate Market- October, 2011   Below is a great video from Bill McAfee from Empire Title Co. Bill does a great job of explaining where we are in the market right now. The main points are: Inventory is moving in the right direction Foreclosures are down Sales are up (from thi...

The Haunted Mines- Haunted House in Colorado Springs   If you are looking for a great haunted house to visit in Colorado Springs, the Haunted Mines is for you. I love that the Haunted Mines is a charitable haunted house with 100% of the proceeds going to The Western Museum and Mining Industry to ...

Comparative Market Analysis for Colorado Springs   Are you wondering what the value of your home is? Have you thought about putting your Colorado Springs home on the market, but have no idea what you might possibly get for it? Is the neighbor's high listing price making you think about listing yo...

      Yesterday I attended the annual update course that is required for the state of Colorado. This class goes over all the new changes for the year. The changes covered are things like contracts, lead based paint rules, rules for property management, etc... One new rule that came out was in reg...

Below is a link to Bill McAfee's Colorado Springs July market update on Youtube. It is quite entertaining! Bill is the president of Empire Title here in Colorado Springs. He shares some really good news for our market in this video. Highlights: The Colorado Springs rental market is booming- Great...