• What to expect in Real estate in Colorado Springs, CO in 2024,Marquesa Hobbs, Realtor

    What to expect in Real estate in Colorado Springs, CO in 2024

      Many are anxious to hear what it looks like to buy and sell a home in Colorado Springs in this new year. I am encouraged by what I hear and see in the economy and what the projection looks like for Interest Rates, increased inventory, and employment in the Pikes Peak Area.   There's a lot of reas

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  • Home Prices Forecast To Climb over the Next 5 Years ,Marquesa Hobbs, Realtor

    Home Prices Forecast To Climb over the Next 5 Years

    Some Highlights If you’re worried about what’s next for home prices, know the HPES shows experts are projecting they’ll continue to rise at least through 2028. Based on that forecast, if you bought a $400,000 house this year, experts say it could gain over $72,000 in equity over the next five ye

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  • What Lower Mortgage Rates Mean for Your Purchasing Power,Marquesa Hobbs, Realtor

    What Lower Mortgage Rates Mean for Your Purchasing Power

    If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly since the end of October and are currently under 7%, according to Freddie Mac (see graph b

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