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Wednesday, January 17, 2018   /   by Barbara Schlinker

61% of First-Time Buyers Put Down Less than 6%

According to the National Association of Realtors’ latest Realtors Confidence Index, 61% of first-time homebuyers purchased their homes with down payments below 6% from October 2016 through November 2017.

Many potential homebuyers believe that a 20% down payment is necessary to buy a home and have disqualified themselves without even trying. The median down payment for all buyers in 2017 was just 10% and that percentage drops to 6% for first-time buyers.

Zillow Senior Economist Aaron Terrazas’ recent comments shed light on why buyer demand has remained strong,

“Looking into 2018, rent is expected to continue gaining. More widespread rent growth could mean home buying demands stay high, as renters who can afford it move away from the unpredictability of rising rents toward the relative stability of a monthly mortgage payment instead.”

It’s no surprise that with rents rising, more and more first-time bu ...

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Thursday, January 11, 2018   /   by Barbara Schlinker

Coming Soon! Stunning Remodeled Rancher in Promontory Pointe

Beautiful, like-new rancher in prestigious Promontory Pointe. This bright, open rancher with main level living is move-in ready with every upgrade! You'll love the gleaming hardwood floors that highlight the gourmet kitchen where great meals are made over granite slab counters overlooking the large great room with soaring ceilings in front of a cozy warm stone clad fireplace. Walk out to the covered patio to enjoy barbeques year round.The massive master suite is the perfect retreat with a huge walk in closet and easy access to laundry. The basement rec room is the perfect place to entertain and enjoy your favorite movies or games. The 3 huge basement bedrooms, all in pristine condition are perfect for the guests and teens with plenty of space and privacy. Beautifully landscaped with all the updates!

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Parker St. Claire Realty
Barbara Schlinker
7660 Goddard St, Suite 213
Colorado Springs, CO 80920

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