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Colorado Springs
A team of Colorado Springs businesses is building on its successes in Colorado Springs and Boulder to develop affordable housing in Salida. The group of architectural and urban design companies used local talent developed in the Springs to design and build affordable housing in other areas in the state — with...
The two Colorado Springs women behind Blue Dot Place, a 33-unit apartment complex under construction in south downtown, showed their enthusiasm while hosting public tours of their brainchild development on June 18 and June 23. Kathy Loo and Darsey Nicklasson, two halves of BDP Development LLC, together led a group...
According to the 2015 second quarter report from Nationwide Insurance Health of Housing Markets, the Colorado Springs and Pueblo housing markets are stronger than that of Denver and Grand Junction. The national Leading Index of Healthy Housing Markets shows that the overall housing market is healthier than at any time...
Nineteenth-century American essayist Charles Dudley Warner is credited with saying, “Simplicity is making the journey of this life with just baggage enough.” Darin Zaruba, CEO of EcoCabins and champion of the tiny home, is counting on a chunk of civilization taking those words to heart. In fact, he’s bet his livelihood...
On April 4, 2014, the Business Journal published a story on the state of downtown multi-family housing that touched on local developers who then planned to break ground on projects in the coming year. Exactly 12 months later, only two of those proposed developments are under construction, while a handful...
RealtyTrac, a leading source in the U.S. for comprehensive housing data, today released its Q4 and Year-End 2014 U.S. Home Flipping Report, which shows 136,269 U.S. single family homes were flipped in 2014, 5.4 percent of all single family home sales during the year — the lowest share of flips...

Home given to injured Army vet

For the third time in 2014, U.S. Bank, in partnership with Freedom Alliance and Five Brothers, are set to donate a home to an injured U.S. Army veteran. Wednesday, Nov. 19, Sgt. Patrick McPherson and his family will be welcomed to their new, mortgage-free home at 5171 Fossil Butte Drive...
How does a city replace what it once threw carelessly away? From 1960 to 1980, downtown lost approximately 1,000 residential units. Many buildings that contained them have long since disappeared, as has the downtown culture that supported them. The long process of demolition and change was carefully recorded by local photographers...
More than 4,000 names are on a list to obtain affordable housing (2013 Quality of Life Indicators). A few years ago, Martha (not her real name) and her granddaughter lived in a dangerous neighborhood in El Paso County, with high crime and drugs. She feared for her grandchild’s safety,...
RealtyTrac, a leading online marketplace for real estate data, on Thursday released an August Foreclosure Market Report which shows 1,478 Colorado properties with a foreclosure filing, up 23 percent from July and up 57 percent from a year ago — the biggest annual increase in Colorado foreclosure activity since April...

Blue Dot starts a new trend

“Why are we going ahead?” asked Darsey Nicklasson. “Because Colorado Springs needs this.” In a letter explaining their decision to go ahead with their long-planned, 33-unit Blue Dot apartment development on South Nevada Avenue, Nicklasson and partner Kathy Loo made their point in a single sentence. “We will continue to be...
Foreclosure rates in Colorado Springs decreased for the month of June over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Colorado Springs foreclosures among outstanding mortgage loans was 0.82 percent for June 2014, a decrease of 0.04 percent...