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The Fed Announces Rates Will Hold Steady

February 5, 2021 By Claire Garlick Leave a Comment

The Federal Funds Rate is staying the same at 0 to .25%. 

The Fed’s interest rate decision doesn’t directly affect mortgage rates, but today’s rates remain historically low.

Home owners and home buyers can take advantage of today’s low rates by:

  • Buying a new home
  • Refinancing to get a lower rate or eliminate mortgage insurance
  • Financing home renovations
  • Funding major expenses (like college tuition)
  • Consolidating debt*

Curious about the Fed’s key short-term rate? Learn more in this article.

Don’t hesitate to reach out for a conversation about home financing.

 

* Debt consolidation does not pay off the debt, please consult a financial advisor regarding the effect of consolidating short term debt into long-term debt.

 

Article provided by R. Gomez, Loan Officer in Colorado Springs.

Filed Under: Buyers, Finance, First Time Home Buyers, Interest Rates, Loans, Millennials, Move-Up Buyers, New Construction, Rent vs. Buy, Sellers Tagged With: Colorado Real Estate, Colorado Springs, Down Payments, Finance, First Time Home Buyers, For Buyers, For Sellers, Interest Rates, Millennials, Monument Realtor, New Construction, Rent vs. Buy

Colorado Springs’ Construction Industry Was Booming in 2020

January 29, 2021 By Claire Garlick Leave a Comment

Photo by Chancey Bush, The Gazette

Colorado Springs’ construction industry hit boom times in 2020, despite pandemic

Business was booming last year for homebuilders, general contractors and subcontractors that make up the Pikes Peak region’s construction industry, despite the COVID-19 pandemic.

The estimated value of permits issued for the construction of single-family homes, townhomes, apartments, hotels, offices, schools, medical buildings, manufacturing plants and other structures last year in El Paso County soared to $2.9 billion — a record high and a nearly one-third jump over 2019, according to Pikes Peak Regional Building Department reports.

[Read more…]

Filed Under: Community, Construction Industry, Local News, New Construction Tagged With: Colorado Real Estate, Colorado Springs, Community, Construction Industry, COVID-19, Local News, Monument Realtor, New Construction

Manitou Fruitcake Toss this Month

January 13, 2021 By Claire Garlick Leave a Comment

The fruitcakes will fly once again in downtown Manitou Springs!

Join in for some old-fashioned tossing of those maybe not so beloved holiday desserts. There will also be a fruitcake costume competition, libations and a fruitcake bake-off!

Non-perishable food item suggested for donation to go to the local food bank. Cakes are available for rent for $1 per cake.  

EVENT INFORMATION

When: January 23, 2021
Time: 1 pm – 3 pm
Where: Manitou Springs Memorial Park
Cost: One non-perishable food item is suggested for attendance. All food items will be donated to a Manitou Springs food bank.

EVENTS FOR ALL AGES

  • Hand Toss Distance
  • Accuracy
  • Speed
  • Best “Balance”
  • Robotic, mechanical, 3-man slingshot toss for distance

Prizes for all events will be awarded as well as an overall winner.

TOO GOOD TO TOSS FRUITCAKE BAKE -OFF

Although participants will be tossing the traditional cakes, there will also be a fruitcake bake-off. Local bakers will compete for the title of Fruitcake King or Queen as determined by the community. Winners will be based off who makes the best organic, non-GMO, natural fruitcakes. For more information, email Fruitcaketoss@gmail.com.

HISTORY OF THE MANITOU SPRINGS FRUITCAKE TOSS

This one-of-a-kind event, where enthusiasts traveled from all over to compete for trophies and bragging rights, has been a community highlight for more than 22 years. The great fruitcake toss is the event of the winter season as the hapless dessert is launched into space with a variety of mechanical and pneumatic devices.

Competitions have included the Hand Toss, Kid’s Toss, Launch, Pneumatic Gun or Canon, Team Catch or Accuracy division.  The cost of competing is simply a non-perishable food item, to be donated to the Westside Cares food bank.

For more information, visit their website.

 

Article originally published at https://www.visitcos.com/events-calendar/annual/fruitcake-toss/.

Filed Under: Events, Just For Fun, Local News, Things to Do Tagged With: Colorado Springs, Community, Just For Fun, Local Events, Manitou Springs, Monument Realtor, Out and About, Things to Do

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Homes for sale Colorado Springs and Monument Colorado
Claire Boynton, The Platinum Group Realtors Monument Colorado Real Estate

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About Blessings Realty

We perform top notch sales and marketing services for residential homes and land. We help home buyers find the right homes for their needs. Also specializing in new construction and rental properties. Whether you are a first-time home buyer or seller or have bought and sold many homes before, we will Read More…

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Welcome and thank you for visiting our Blessings Realty website! We are Monument-based real estate experts providing information about the Monument and Northern Colorado Springs, CO real estate market.

While you’re here, please check out 80132 homes for sale in Monument, CO, as well as other real estate listings around the area.  View listings, photos, market data, and use our detailed real estate filters to find the perfect place.

Please contact us today at (719) 425-8929 to buy or sell real estate in Colorado Springs and Monument, Colorado – or for help with your property management and probate real estate needs – we would love to speak with you!

Sincerely,

Claire and Jeff Garlick of Blessings Realty

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