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Still not sure this is the right time to buy?  Visit Money Magazine view a great article that explains importance of buying while interest rates are at a historic low.  This is a great article for those who really want to buy a home but are waiting for prices to dip more. Interest rates are at a historic low. Every quarter percent rise in interest rates will add another $12,000 to a $200,000 loan amortized over 30 years. So when rates rise to 7 percent from the current 5 percent, you can expect to pay an extra $90,000!

This home is no longer available.


138 Teal Circle — Fabulous Lake Front Home

Update:  This home sold in 2010.

Pagosa Springs lakefront home with tremendous mountain views. Very close to shopping, churches and coffee. Built by Colorado Dream Homes. 12 inch walls for super energy efficiency.

This is a pocket listing so you won’t see this one on the MLS system until the summer. Call 970-398-0022 for more information.

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