Wednesday, November 26, 2008


People looking to buy a home in Colorado Springs were given a little holiday gift yesterday, with an unexpected drop in interest rates. I got one client locked at 5.5% yesterday, hopefully it won't change much today! For all the attention that things like stimulus checks get, lower gas prices and interest rates really make more of a difference in terms of people's ability to buy things. The difference between 6% and 5.5% on a $300,000 mortgage was $95.28 every month. Over the course of a 30 year mortgage, that is $34,300!

We are also supposed to get another holiday gift on Thanksgiving day, some snow. It has been warm and dry here for almost a month, and it will be nice to have some wintery weather to welcome in the holiday season. For Colorado residents, there are still some season pass deals to be had, Copper Mountain in particular is still available for $369 for the season, a great deal on my favorite mountain.

One of our traditions on Thanksgiving is to go around the room and have everyone share what they are thankful for. One the many things I am thankful for is the opportunity to live in this great state, and sell real estate for a living. While this is certainly not my best year in the business, I am so grateful I get to do what I do!
Today's photo is from Prospect Lake again. This goose is undoubtedly thankful he is NOT part of someones holiday feast!

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