Skip To Content

Monthly Archives: May 2020

    #1 Financial Benefit of Homeownership: Family Wealth

    By Phillip Martucci | May 18, 2020

    While growing up, we were taught by our parents and grandparents that owning a home is a financially savvy move. They explained how a mortgage is like a “forced savings plan.” When you pay rent, that money is lost forever. When you make a mortgage payment, much of that money accumulates as equity in the... Read More

    U.S. Homeownership Rate Rises to Highest Point in 8 Years

    By Phillip Martucci | May 8, 2020

    For nearly two months, most of us have been following strict stay-at-home orders from Colorado state and Colorado Springs governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found a sense of comfort by slowing down and spending... Read More

    Colorado Springs Real Estate Investing

    By Phillip Martucci | May 8, 2020

    Venterra Real Estate agents are talking with a lot of seasoned and beginner real estate investors and they’re all asking the same question. Is this the top of the real estate market? Are prices about to head lower? With the world in a pandemic with COVID-19, the uncertainty of what the Colorado Springs real estate... Read More

    Why Home Equity Is a Bright Spark in the Colorado Springs Housing Market

    By Phillip Martucci | May 6, 2020

    Given how we have seen more unemployment claims than ever before over the past several weeks, fear is spreading widely. Some good news, however, shows that more than 4 million initial unemployment filers have likely already found a new job, especially as industries such as health care, food and grocery stores, retail, delivery, and more increase... Read More

    Colorado Springs Housing Update for April 2020

    By Phillip Martucci | May 5, 2020

    It’s not a typical year for anyone in the US, but Colorado Springs real estate is still doing good. Average sales price in Colorado Springs increased by 1.3% up +$5,003.00 for April 2020. The real thing to think about is how many new listings (new available homes) are coming on to the Colorado Springs real... Read More