Discover the Power of the Flat Rate Realty Group Blog: Your Ultimate Guide

Welcome to Flat Rate Realty Group’s blog, a premier resource tailor-made for homebuyers, sellers, and investors exploring Colorado real estate in Colorado Springs and beyond. Our mission is clear: to empower you with trusted, actionable real estate knowledge that drives confidence and success in your property journey.

With today’s real estate market evolving rapidly, having an expert guide can make all the difference. That’s why our blog combines in-depth market analysis, detailed how-to guides, insider tips, and regional neighborhood insights — all framed by the proven Flat Rate Realty model of exceptional customer service paired with flat-fee savings.

Why Read the Flat Rate Realty Group Blog?

  • Expert Local Insight: We live and breathe Colorado real estate — sharing first-hand neighborhood trends, market stats, and investment opportunities.
  • Cost-Saving Strategies: Learn how our flat rate commissions save typical sellers about $10,000 in real estate fees while receiving full professional services.
  • Comprehensive Guides: Step-by-step instructions for buying, selling, negotiating, and financing homes or land in Colorado efficiently and stress-free.
  • Buyer Rebates and Incentives: Exclusive details on programs offering rebates up to $3,500 for buyers who list through Flat Rate Realty.
  • Market Updates & News: Stay current with regional price trends, inventory updates, and economic drivers impacting Colorado real estate.
  • Real Client Stories: Authentic testimonials showcasing how we’ve helped buyers and sellers save money and achieve goals.

What You Will Find in Our Blogs

Our blog covers critical topics, including but not limited to:

  • Colorado City and Neighborhood Guides: Detailed posts on communities like Colorado Springs, Castle Rock, and more.
  • Real Estate Market Trends: Analysis supported by data from sources such as the Colorado Association of Realtors.
  • How-To Guides: From preparing your home to sell, home inspections, appraisal tips, to navigating loan approvals.
  • Financial Tips: Optimizing buyer credits, financing options, costs breakdowns, and tax considerations.
  • Flat Rate Realty Service Deep Dives: Understanding our unique flat-fee approach and how it benefits you directly.

Step-by-Step: How to Maximize Benefits Using Our Blog

  1. Identify Your Goals: Browse posts focused on either buying or selling to hone in on your current needs.
  2. Leverage Neighborhood Links: Access the city guides for detailed local insights before home search.
  3. Engage with Market Trends: Use our data-supported posts to time your purchase or sale advantageously.
  4. Apply Financial Tips: Make informed decisions on budgeting and rebate opportunities informed by our expert content.
  5. Follow Our How-To Guides: Prepare yourself for each transaction step with checklists, timelines, and best practices.
  6. Contact Our Team: Use insights gained to approach Flat Rate Realty agents ready to support your unique real estate journey.

Key Benefits of Using Our Blog as a Resource

  • Unique Flat-Fee Savings explained and illustrated
  • Insider market knowledge specific to Colorado Springs & Colorado’s evolving landscape
  • Actionable advice for professionals and first-timers alike
  • Direct access to trusted agents and affiliate services
  • Regular updates and fresh perspectives keep your knowledge current

Client Voices: Success Stories From the Flat Rate Realty Group Family

"Had the absolute pleasure of buying a home with Frank. We not only got our number 1 choice but also got it for over $10,000 cheaper than it was listed for... He is one of the best Real Estate Brokers in Colorado Springs!" – Ross Keps
"Frank and his team sold our house above market value while charging a fraction of traditional commissions. Their personal dedication and expertise outshone all others." – David Goscha

This is the kind of personalized service and savings you can expect, and our blog is the first step in learning how to replicate this success.

Comparison: Flat Rate Realty Blog vs. Other Real Estate Blogs

Feature Flat Rate Realty Blog Typical Real Estate Blogs
Local Colorado Focus Deeply specialized Broad/general
Flat-Fee Real Estate Insights Extensive, practical guides Minimal or none
Buyer Rebate Information Detailed and transparent Rarely mentioned
Regular Market Updates Data-driven, timely Occasional, inconsistent
Client Testimonials & Case Studies Featured frequently Less personalized

Access These Premium Tools & Resources

Ready to start your real estate journey with trusted Flat Rate Realty experts? Contact us through this link or email Homes@FlatRateRealtyGroup.com for personal assistance today.

Summary: Why Our Blog is Your Go-To Colorado Real Estate Resource

  • Unrivaled local expertise: Unpack Colorado Springs and regional market trends.
  • Actionable insights: Step-by-step guides you can implement immediately.
  • Cost-saving strategies: Learn how to maximize equity with our flat-rate commission model.
  • Exclusive rebate info: Understand and access buyer rebates and incentives.
  • Trustworthy & personable: We are Colorado real estate agents with your best interests at heart.

Explore our full blog archive and start turning information into successful real estate decisions: Flat Rate Realty Group Blog

 

Nov. 22, 2018

Bargain Real Estate in Costa Rica

 

While real estate prices have increased rapidly in Costa Rica in the last ten years, there are still few deals to be had. If you are interested in buying the only land, a piece of land can be purchased in the mountain areas of Costa Rica from $1,000 to $5,000 per acre, or if you prefer the ocean, land goes for $10,000 to $30,000 per acre. If you acquire 40-50 acres or more, the prices could decrease by half.   The prices in Costa Rica have increased rapidly in the last years, thereby making the real deals in some areas more and more unreachable.

A good alternative for the investors is to look for land parcels ready for development and not a house. Far from the cities, a piece of land can be bought in the mountains and highlands from $1,000 to $5,000 per acre. The lots with ocean views go for $10,000 to $30,000 per acre and the beachfront begin from $50,000 per acre. If the investor chooses to buy in bulk, some 40-50 acre parcels or a bigger plot, the prices could even reduce by half.

As much as homes go, there are still real estates in Costa Rica that are being offered under their market prices.  The reasons for this differ but the major reason these properties are being sold for such a low price is that maybe their owners need to sell them faster.  The majority of properties that you can find at a cheap price are usually located fairly far away from the main cities of Costa Rica. It is difficult to see properties near the main cities at a cheap price. But it is not impossible to find an unusual property near the city that is being sold for cheaper.  Carrying out your research, asking for help from real estate, and looking at listings will pay off for. You might get lucky and find the property of your dream at a good location for a price below market price.

 

Posted in Real Estate News
Nov. 21, 2018

Build Relationships and Leads Will Follow

Beginning a real estate business (or any business for that at all) can be a little nervousness inspiring. The initial stage of getting off the ground is always a challenge. There are plenty of ideas out there on how to get new business, but one of the best ways to build your business is by building on the relationships with your current clients. If you provide outstanding service and carry out the right job, you will get the recommendations. Word of mouth is still one of the best marketing tools a business can ask for.

Every time keep your seller in the loop – provide them with information and updates concerning how their home is being sold, offer prompt response from buyers who have seen the property. Make sure your buyers have the new listings as soon as possible.

 

When your clients seal the deal send a gift card or a bottle of wine. Give a gift for possession. It shows your client that you recognize this milestone in their life, and the personal touch makes all the difference. "When we moved into the new house there was a lovely gift basket filled with fancy preserves, crackers, chocolates and champagne from our realtor," says one new homeowner. "We had a small celebration picnic in our new home."

Think about implementing a survey on customer satisfaction - after your deal is done, give your client an opportunity to give feedback. Set your ego aside and consider this an opportunity. Take the time to really learn from what they say - and find ways to improve in areas that might not be your traditional strengths.

Even after a deal is done, not forgetting your clients will make them believe that they are important, that you appreciate their business. Depending on the client you may want to provide personalized notes, website links, email messages and newsletters.

Not only is this good personal relationship building, it will also build your character as a caring professional earning you more referrals and repeat business. For old clients you might deliberate on lowering your commission a bit, as a thank you for the continuous business.

As much as you might want to, resist from asking clients to refer you. It's cheesy - by providing great service you will naturally come to mind in conversation, which is far more genuine. Continue to offer services that will ensure your name is easily recalled in the community.

One sure way of doing this is by being active in the community - promote fundraising events for local causes, family events, and so on. Go beyond by becoming a community resource - after all this is your market, you should understand it well. You want to be the person others think of when they need info that is local – like where to visit for the best Chinese food in town or what family friendly events are being offered in the neighborhood. Have vast information for new comers and build residents alike. As well develop other sources for referrals: HR departments for corporations in the area and relocation businesses are a good place to start.

When you do get referrals, regardless of where it came from, remember to send a thank you note to the person who referred you.

By building your reputation as a knowledgeable business person who is active in the community and ready to go the extra mile to give outstanding service, you will find your business develops on its own and your reputation in the community will grow with it.

Posted in Real Estate News
Nov. 17, 2018

Building Into Home Equity Loans

 

The last option that anyone needs after they relocate to a house is to see that everything needs arranged. Regardless of whether you moved newly in or currently re-modeling, you will need to ensure that the home you have is comfy. In the event that you need to ensure that you keep the finances for repair; then ensure that you have the correct loan. One choice to consider is a home equity loan.

Home equity loans are a loan that enables you to obtain cash against your first home loan.  For example, if you have a home loan, you can take out a second loan against the first mortgage, known as a home equity loan.  You can make use of this additional money in order to settle payments or to refinance your home.  You can get up to 80% of your first loan in order to invest money precisely where you want it. 

Home equity loans aren't basically to just assist you settled or repair some things.  You can make use of the loans as a means to invest in your home so that it can be better and you are able to earn more off of the changes.  Several people will get home equity loans so as to increase their home.  While others will get the loans so as to merge other bills and pay other things off.  This will really give them a higher credit score and let them get a clear standing when higher investments are made. 

One of the main concerns to make before acquiring a home equity loan is whether you will be able to benefit off of it.  Many will take out the loan which will simply add on debt instead of helping them to remove it because payments are not complete.  Since the loan is against your home, if you aren't financially stable, you may lose your home at the long-run.  Ensure that you are set before you jump into this type of investment. 

If you are searching for a way to increase your home, or to consolidate your credit or to just assist in paying off your mortgage, then home equity loans are one possibility.  If you know the lines of this type of loan, you can simply profit from the several things that it has to offer.  

 

Posted in
Nov. 15, 2018

Boost Your Spain Property Rental Profits with Viral Marketing

 

If you are pushed for time and tenants, you'll want to read this! Property rentals can be very profitable if you understand how to sell to your potential guests. Whether it's an apartment for rent, villa rental for vacationers, or a golf holiday rental, you can increase profits with these easy marketing strategies.

Maximize Holiday Rental Promotions Online

Don't overlook the fantastic power of the Internet. Imagine spending a mere $5 to $15 per month to advertise your Spain property rental to folks around the world 24 hours a day, 7 days a week! That's exactly what you're doing when you start your own website that is focused on property rental.

For just a few dollars monthly, you can have a complete website aimed at promoting your apartment for rent or vacation villa rental. You can put as many photos and updates as you want. There are no limits because you will be the owner! You can even offer online specials and discounts to Internet users.

To make your website very popular with search engines, including travel articles and city information about nearby areas. For instance, if you own a rental property in Marbella, Spain you can write an article about that area and add keywords about traveling to Marbella. The same goes for other holiday hot spots in Spain like Costa del Sol, Benalmadena, Mijas, Fuengirola, Puerto Banus, and Elviria. Tourists will be searching online for places to stay. Yours can be the one they pick.

Promote for Events and Recreation

If you have a vacation rental that's near a major tourist or sports attraction or where major events take place, then focus some of your marketing around the attraction or the event. For example, if your rental property is close to a popular golf course in Spain where key tournaments are held, you can put an advert in golf-focused magazines, golf websites, and golf-related stores. This allows you to reach a targeted audience.

Don't Forget Past Guests

A guest who once rented from you may likely visit again. You will have all the mailing addresses or email of your guests, so take advantage and send a mailing out sometimes inviting them to stay once more. Give a "special" for past guests only. It's much easier to convince those who already know you than finding new customers.

Include All Features and Benefits in your Promotions

When promoting your rental property, be sure to include all the features and benefits of staying at your rental property. You should list all the items or appliances that are included with their rental for convenience. The more you tell, the more you'll sell. Tourists want no surprises when it comes to a place to stay on their trip.

With these promotion techniques, you can reach a broader audience for your vacation rental property and watch your monthly profits grow!

 

Posted in Real Estate News
Nov. 13, 2018

Tips on selling your Bonita Spring Homes

 

These are guidelines that won't cost much but can make a huge difference in the appearance of your home. It is remarkable how just small attention to the details will add that special appeal that the buyer is aiming at!

At the time of marketing your Bonita Spring Homes, the very first thing to do is have your home checked by an expert home inspector.

Doing so will allow you to see your home through the eyes of a serious third-party. It aids in pricing your home accurately. It lets you do maintenance ahead of time so that flaws won't become stumbling blocks during negotiation.

You have the time to hire reasonably priced contractors or do the maintenance yourself if you are fit. It makes you aware of items of instant personal concern, like active termite infestation molds or radon gas.

All the time ensure that when you are selling your Bonita Spring Home that you clean up the outside more than the inside.

The first impression of your house is Curb appeal. Keeping the grass cut and the area neat will assist in making a great first impression. Wash or paint the outside of the house and also the window casings, shutters, and doors. Clean the windows inside and out. Check the drainages and chimney.

Likewise ensure to touch up the interior of your Bonita Spring Homes before selling, Put a new coat of paint in the most used areas of the home. This will clean and also brighten up the rooms. Wash all floors and bathroom tiles.

Get rid of the mess. Clean your closets thoroughly, garage, basement, and loft. Use self-storage if possible. Changing air filters will assist in keeping the dust down.

Remember not to spend money to develop Bonita Spring homes for selling purpose except the house is in such a poor situation that it cannot be sold without repair.

For instance: the house needs a new roof to keep the rain out, or a modern bath with a shower.

 

Repairs might make sense if you can do it yourself. If you can add kitchen cabinets of $500 rather than $1,000, you can still expect the $990 increase in the value of the home.

 

Alternatively, substandard work on those kitchen cabinets can lessen the value of your home.

You may have questions concerning different thing about selling your Bonita Spring Home so here are some few questions that we found on the Internet and have done research and some facts to answer them out.

The best question asked by sellers is: How do I prepare my house to sell?

Primarily, put it in the best condition necessary, particularly if you are in a market with fewer buyers and many homes for sale.

That implies taking care of any key maintenance that could discourage a buyer, like changing any broken windows or changing a roof leaking, if you can meet the expense of it.

Next point is to work on your home's curb appeal, ensure your landscape is pristine. Cut the grass, clean up any wreckage and clear the garden beds. Plant some annual flowers close to the entrance or in pots to be placed by the door. Other fast fixes that don't cost a so much but help you get top dollar for your home. 

Remove the source of any bad odors, like the kitty box. Use air freshener or bake some cookies before you open house to guarantee that the house smells inviting.

Invest in one or two vases of fresh flowers to put around the house and next to any information about the house you have set for buyers.

Also, make sure that when you are selling you, Bonita Spring Homes, that you offer an adjustable sales plan. Develop a sales tactic but ensure that it is flexible and can appeal to almost all kinds of buyers.

Endeavor to define what your opening asking will be and how long will you be refusing before reducing.

Also, you should plan out before selling your Bonita Spring Homes on how much of a cut you are able to take.

Just follow these guidelines and certainly, you will be able to flourish in selling your Bonita Spring Homes.

 

Posted in Sellers Resources
Nov. 12, 2018

Blue Rose Condo Hotel: The Latest Real Estate Trend

 

At present, the Condo hotel is one of the hottest properties in real estate. Connecting the bridge between hotels and traditional condominiums, the condo hotel features locations along with classy shops and restaurants. For instance, let’s take a look at the Blue Rose in Orlando, Florida.

Today in the pre-construction level, the Blue Rose will comprise of three towers housing 256 condos and 1,284 condominium hotel suites. It will provide everything from lofts and one- and two-bedroom units to 3,000 sq. ft. penthouse suites. The estate will be a resort oasis, with a promenade, five themed restaurants, European cafes, a 1,000-seat theater, and private pool cabanas.

The investment prospect open by condo hotels is unmatched. Truly, most new properties sell out in the pre-construction stage. In so doing, investors are able to get lesser prices, safeguard many of the best units, and get appreciation on their investments before the foundation is even dug.

Several people opt to purchase a condo hotel not only as an investment but also as a vacation home. Generally, condo hotels provide first-class accommodations in highly desired locations. When the owner is not making use of the property, the condo hotel unit can be let out to tourists. Normally, the holder doesn't have to take charge of renting, maintaining the unit, managing, making the process free of the headaches and stresses of owning other rental properties.

Just like any real estate venture, the fundamental thing is location, location, and location. For instance, the Blue Rose Condo Hotel is situated in Orlando, Florida, one of the hot cake in housing markets in both the United States and the world at large. Of late, analysts have stated that Orlando property is underrated by as much as 30 percent when compared to other major U.S. markets. That, together with a regular hotel tenancy rate of nearly 80 percent and 40 to 55 million annual visitors, makes Orlando condo hotels premium investment prospects.

It's simple to know why Orlando is such a desired destination. In any case, Florida brags 300 days of sunshine yearly, over 1,000 miles of shoreline, and a regular temperature of 70 degrees. And Orlando is the heart of family-friendly theme park destinations. Walt Disney World was the first on the block, with 28,000 acres for family fun. Universal Studios and Sea World make up the top three, again with thrills for the entire family. It's projected that it would take you over two months of eight-hour days to experience Orlando's 95 attractions. It's obvious why tens of millions of tourists visit Orlando every year.

The reason why investors are flocking to buy property in Orlando is so clear. Condo hotels, similar to the Blue Rose condo hotel, are the modern real estate investment style in hot destinations like Orlando. Among the theme parks, the golf courses, the world-class restaurants, and the chances to take part in water sports, Orlando investors are seeing remarkable returns on their investments.

 

Posted in Real Estate News
Oct. 22, 2018

Blowing Up Bills With Balloons

 

In case you aren't conversant with financing options, it is not too late to get began.  Knowing the different conditions and having the skill to relate them to each other will assist you to dodge circumstances that are not financially promising.  One of the conditions that you should know is balloons.  This can either assist you financially or cause you issues.  Knowing the details of how balloons work and making use of them to your benefits will give you the capability to pop into the right loan. 

Balloons are used as a means to lower payments monthly.  This is done by consolidating a particular percentage of your loan every month.  At the end of your entire loan, you will pay the extra percentage that is left.  Normally, this will equivalent about fifty percent of the loan that you have. 

You can work with balloons to your benefit if you have the right funds in place.  If you understand that you will have a huge amount of money at the end of your loan term, then having a balloon can assist you to save now and build your trustworthiness with financial investments later. 

If you aren't sure of your financial position and what it will be in ten years, then a balloon will most likely be of help to you.  Since you will be hoping to pay a huge amount at the end, it can lead into debt and won't assist you to make an investment in the future on another house. In relation to this, if you are making a precise amount now but understand that you will be making more in the future, then you can use a balloon in order to stabilize your financial situations. 

By making use of a balloon, you will be put into a position where your mortgage will increase to twice as much at the end of the term.  This can be beneficial or detrimental, depending on your position.  By knowing precisely how to tie the end of the balloon, you will be able to see the best financial alternatives for your situation.

 

Posted in Buyers Resources
Oct. 19, 2018

Bankruptcy Buying Home – How to rebuild you credit

 

The great news of having a bankruptcy listed on your credit report doesn’t mean you cannot acquire a home. Trust me or not but individuals who have passed through bankruptcy have been able to cheer themselves to building credit through getting debt a second time.

However, the sad news is that the liability will be thoroughly examined and may come in lesser amounts and high rate of interest. This normally occurs from when you go through bankruptcy you are now labeled as high-risk debtors.

But these damaging thoughts fairly facts should not discourage those with disadvantaged credit account from exploring their home loan opportunities. The thorough use of credit is the only option from a bankruptcy filing.

Bankruptcy can offer freedom to people in awful financial channels by releasing them from the responsibility to settle up their debts.

It's a strong move for anybody since a bankruptcy will remain on a person's credit score for almost 10 years, efficiently acting like a warning signal to anyone thinking about lending money to that person or a line of credit.

In order to reduce the danger of offering that person a loan, the lender will charge higher interest rates than they usually would. For example, an auto loan that might normally have 6% interest could come with a rate of 8% or even higher.

However, as time goes and lesser loans and credit card balances are settled on time, the bankruptcy filing becomes small and less important to a lender.

Creating good credit after bankruptcy is vital. The following will help new bankruptcy filers reclaim their financial strength:

 

Pay Bills on Time. This is the particular top thing bankruptcy filers can do to increase their credit rating.

Get and use a secured or unsecured card. Simply, don't charge any more than you can manage to pay for every month.

Study your credit report. There is a possibility of Errors, and keeping eye on your progress will assist you to stay concentrated on the aim of rebuilding after bankruptcy.

Mortgage firms would require somebody with an assurance that is on responsible and safe track. Several lenders like to see three things when thinking about loaning money to someone after a bankruptcy.

 

First thing is a long stretch preferably two years or more of on-time bill payments. This may be difficult because of the case of consistent income. Similarly, with a stable work history and a down payment, even just a small one, it would not be difficult for someone just coming out of bankruptcy to secure 100% coverage on a home loan.

A down payment is the second option and a stable income is third. Well, this isn’t much as complex as the first one because some lenders will be prepared to give a loan faster than two years if there is a sign of responsible bill payment on a car or secured credit card including consistent income.

Just remember that after going through bankruptcy buying home is very possible

There are several reasons a person decide on filing bankruptcy. Job loss, unforeseen health bills, and overwhelming credit card debt are just a few of the factors that can bring about filing bankruptcy.

The mortgage lending sector has made special loan packages and conditions for those who have filed bankruptcy before.

Creditors have little or nothing to lose in approving a home loan following bankruptcy. With your home serving as security for the loan, the lender can feel comfortable in approving you for a home loan, often soon after your bankruptcy has been cleared.

In conclusion, cash will resolve this issue, for sure. But it will take to collect that cash and that is how long it will take to acquire the house.

Begin to think about how you can earn money in your extra time, selling online at eBay or doing freelance work, or starting your personal business.

You can build your chances by coming into the agreement with a lender with as much cash as thinkable. The more money you can deposit as a down payment, the lesser the risk for the bank. There is a level where they'll lend you the money just because the loan is secured by the house and the house is worth over the mortgage.

 

Posted in Buyers Resources
Aug. 20, 2018

Bank Foreclosures

 

The bank foreclosure real estate also referred to as REOs (Real Estate Owned), is foreclosed real estate that is owned by the bank due to an unsuccessful foreclosure auction. There are several reasons the home may not have sold at the auction. The most popular reason is negative equity- the bank foreclosure real estate values less than the amount owed to the bank. Of course, the bank seeks to get the outstanding balance of the original loan; therefore, the minimum bid for the bank foreclosure real estate is usually the amount of the outstanding balance of the original loan, plus interest and any additional fees. No smart investor or buyer will consider bidding on such a property.

However, a failed sale will not hinder the bank from trying to try to get the bank foreclosure real estate sold. The bank will deliberate taking out some or all fees and liens on the bank foreclosure real estate so as to get it on the real estate market and sell again to the public. The reselling process may be redoing an auction or working through a Realtor.

This is a great market for real estate investors. Real Estate investors take an interest in the bank foreclosure real estate property. The market for foreclosed homes may be huge; but, not always appropriate for some investors. The foreclosed property may not reach some significant needs. Today, home buyers, as well as investors, are scrambling through the market of bank foreclosure real estate searching for better deals. However, the most bank foreclosure real estate property is in a pitiable condition, the low sale price of the home greatly compensates for the property pitiable condition.

Financing bank foreclosure real estate property provides a huge return for investors. Bank foreclosure real estate by far provides greater deals than typical foreclosed homes. As an investor, you must think through all your choices. Ensure you get the bank foreclosure real estate property at a good price. Positively, the bank foreclosure real estate that an investor selects to invest in will offer the investor rewards; like a bigger return in profit, either by renting the home out or through selling the home.

There are many ways to search for bank foreclosure real estate property.  You can search the Internet, newspaper, and listings. The Internet can take you to thousands perhaps millions of connections. Here you can see the listing by banks, state, county, and much more.

You should also invest time in finding a good real estate agent.  If they know what you are looking for, they can save you a lot of time and work.  They can also help you determine the true market value of the home you are considering investing in.

 

Posted in Real Estate News
Aug. 19, 2018

Bakersfield California Real Estate

 

Bakersfield, California, is located in Kern County, 100 miles NW of Los Angeles, California. Bakersfield has a population of 247,057. It has become a popular place for visitors en route to and from Las Vegas and Los Angeles, who stop for outdoor adventures such as whitewater rafting on the Kern River or hot air ballooning over the San Joaquin Valley.

Agriculture is king in Bakersfield. The region grows over 250 types of crops, with about 30 types of fruits and nuts, 40 types of vegetables, and over 20 field crops. Lumber, livestock, poultry and dairy products are also big industries here. The area is also home to the California State University, and Bakersfield College, and numerous museums and galleries.

Bakersfield Homes

Bakersfield properties pool is 83,428 residential properties plus Bakersfield new homes. The median age of real estate in Bakersfield is 1979. The average household size is 3.41 people. 3% are one bedroom homes, 14% are 2 bedroom homes, 56% are 3 bedroom homes, 22% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Bakersfield Mortgage Statistics

Homes With No Mortgage 18%

Homes With Mortgage 82%

First Mortgage Only 63%

First & Second Mortgage or HELOC 19%

Bakersfield Area Real Estate Tax

Bakersfield Real estate Tax: Median Real Estate Taxes (2000) were $1,422 comparing to 1999 Median Family income $ 45,556. Compare to the USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Bakersfield School District: Children make up 32.7% of Bakersfield population. Bakersfield has 80,683 under 18 years old residents, or 0.81 kids per one worker, or 0.97 kids per one household.

Bakersfield Real Estate & Bakersfield Homeownership

There are 18354.16 or 22% one-person households, 23359.84 or 28% two-person households, and 14182.76 or 17% three-person households in Bakersfield, California. Median residents age is 30.1, Senior citizens (65+) make up 21,681 or 8.8%% of Bakersfield population.

 

There are 99,769 workers (over 16 years of age) in Bakersfield. Of these, 92.68% drive to work. Approximately 1.73% of workers in Bakersfield take public transportation. An estimated 1.32% walk to work.

 

Median Bakersfield homeowner's housing expenses are 22%

 

Crime in Bakersfield (2003), crimes per 10,000 residents per year

Violent Crimes 61.28

Robberies 17.77

Aggravated Assaults 40.88

Property Crimes 570.8

Burglaries  109

Larceny-Thefts 381.09

Motor Vehicle Thefts 80.71

Invest in Bakersfield Properties

When making a decision about buying real estate in Bakersfield California area, you should consider the following statistical data:

Near Medium City         

Near Large City Los Angeles, California

Bakersfield Zip Codes 93301, 93304, 93305, 93306, 93307, 93308, 93309, 93311, 93312, 93313, 93314

Bakersfield Area Codes 661

White population 61.87%

African-American population 9.16%

Asian  4.33%

American Indian & Alaskan

Hispanic (of any race) 32.45%

Median Family Income (1999) $ 45,556%

Population Below Poverty Level 17.72%

 

Posted in Buyers Resources