I have to confess that sometimes I read what is going on the rest of the country, and get a little confused. Today I saw that the government is considering "temporarily" allowing Fannie Mae and Freddie Mac (quasi governmental investment in mortgage loans) to increase their loan limits over the current $417,000 to allow more purchases and refinances in the higher price ranges. Keep in mind, that is the loan limit, which is the equivalent of a $521,000 purchase with 20% down. I guess I am just so used to living in a market that has SO much choice in the ranges below that, I forget how many people in this country live in places like the Bay Area, where this is considered "affordable" housing. As an FYI, I just did a quick check, and at least here, 85% of the inventory of homes for sale are below that $521,000 mark, almost 6000 homes.

This mornings paper mentioned fall colors are starting even on Pike Peak. I love the fall, and the colors are really pretty here against our blue skies. This web site is from last year (and is not mine), but I thought some of you might enjoy what is here: http://www.autumn-pictures.com/

Last fall here in the Springs, we had an incredible early snow storm in late October, this picture in my front yard was a bit different look than the one at top, taken in the first week of October of 2005 on Boreas Pass Road near Breckenridge.