Kathleen Cancel (left) points out imperfections to her daughter during a home inspection Sept. 2. Cancel is under contract to purchase the southeast Colorado Springs home for $140,000.
Kathleen Cancel (left) points out imperfections to her daughter during a home inspection Sept. 2. Cancel is under contract to purchase the southeast Colorado Springs home for $140,000.

When Kathleen Cancel began shopping for a home earlier this year, she had no way of knowing what a daunting task it would become. Her criteria were reasonable: Cancel was looking for a home with three bedrooms, a sloped roof and a central location. But in the Colorado Springs housing market, her budget of $120,000 […]

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