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Monument Real Estate Market Report for August 2008The Monument CO real estate market for August 2008 includes the areas of Monument, Palmer Lake, Woodmoor and Kings Deer. Monument CO Real Estate Market - August 2008 Single Family Homes in Monument
Townhomes and Condos in Monument
"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period August 1-31, 2008. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market." Search Homes for sale in Monument
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam http://www.coloradospringsrealestateconnection.com/0043A0 
Posted on September 22, 2008 15:06:46 by Mariana.Wagner
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Foreclosures in the Colorado Springs Real Estate MarketThe Colorado Springs Real Estate Market has had 2,531 foreclosures since 1/1/2008. These numbers are higher than we have ever seen. Since 1981, the highest annual foreclosure rate was in 1988 with 3,476 foreclosures. Here is a snapshot of the foreclosure rate in the Colorado Springs area since 1981:
In 2008, we have been seeing an average of 422 new foreclosures started every month. This means that by the end of the year, we will see a total of 5,064 foreclosures in the Colorado Springs real estate market.This is almost 10x what it was in 1996. Unbelievable. The sad thing about these statistics is that MANY of these homes did not need to foreclose. Psychologically, once a homeowner realizes that they can no longer afford to make their monthly payments, they just ride out the months until the home sells at the foreclosure acuction. Sadly, most of these folks are facing foreclosure because of a mortgage rate increase or something traumatic happening to their life (divorce, illness, death, job loss, etc.) and cannot afford to refinanace. Chances are that even if they COULD afford to refinance, their home has not gained enough equity to let that happen anyway. However, these distressed Colorado Springs homeowners are not alone. One in four people in Colorado Springs are in some state of financial distress with their mortgage. Yes, some may only be a month or 2 behind and are not facing imminent foreclosure yet, but there are A LOT of people in the same boat. This means that if you look down the street in your Colorado Springs neighborhood, about every 4th home will be in some stage of foreclosure - or close to it. Foreclosure does not ALWAYS need to happen. If a homeowner knows that they will not be able to keep making their monthly payments, there is always the option to sell their Colorado Springs home before it forecloses. This will save, not only some of their credit, but also their peace of mind. Even if a homeowner owes more than they could sell their home for (which is true for a lot of Colorado Springs homeowners out there right now), you could STILL possibly sell your home and get out from under foreclosure. If you (or someone that you know and love) is distraught becasue they are losing their home to foreclosure, we may be able to help them SELL it before it is too late. Let's work together to chop these high foreclosure rates down ... and help people get out from under their mortgage burden in the process. Derek and Mariana Wagner of the Colorado Springs Real Estate Connection and Wagner iTeam are currently in the process of becoming Certified Distressed Property Experts and can effectively negotate with your banks to get your home SOLD, regardless of what you owe them ... helping YOU get on with LIFE. Call us as soon as you can. The more time we have to help you avoid foreclosure, the better: (719) 434-7525
Posted on August 19, 2008 21:09:33 by Mariana.Wagner
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Monument CO Real Estate Market Report for July 2008The Monument CO real estate market for July 2008 includes the areas of Monument, Palmer Lake, Woodmoor and Kings Deer. Monument CO Real Estate Market - July 2008Single Family Homes in Monument
Townhomes and Condos in Monument
"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period July 1-31, 2008. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market." Search Homes for sale in Monument
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam http://www.coloradospringsrealestateconnection.com/003FFA
Posted on August 09, 2008 10:57:54 by Mariana.Wagner
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El Paso County CO Real Estate Market Report for July 2008The El Paso County CO real estate market for July 2008 includes the southern Colorado cities of Colorado Springs, Manitou Springs, Fountain, Falcon and Monument. El Paso County CO Real Estate Market - July 2008Single Family Homes in El Paso County CO
Townhomes and Condos in El Paso County CO
"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period July 1-31, 2008. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market."
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam http://www.coloradospringsrealestateconnection.com/003FF7
Posted on August 07, 2008 17:09:04 by Mariana.Wagner
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El Paso County CO Real Estate Market Report for June 2008The El Paso County real estate market for June 2008 includes the southern Colorado cities of Colorado Springs, Manitou Springs, Fountain, Falcon and Monument. El Paso County CO Real Estate Market - June 2008Single Family Homes in El Paso County CO
Townhomes and Condos in El Paso County CO
"Based on information from the Pikes Peak REALTOR Services Corp. ("RSC"), for the period June 1-30, 2008. RSC does not guarantee or is in any way responsible for its accuracy. Data maintained by RSC may not reflect all real estate activity in the market."
Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam http://www.coloradospringsrealestateconnection.com/003E3C
Posted on July 14, 2008 10:51:30 by Mariana.Wagner
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