Turning “For Sale” into “Sold” is a little tougher this spring, as competition among local home sellers heats up. Sales for the year are down 6.4 percent compared to the first four months of 2013 as inventory has increased, according to Colorado Springs Real Estate News. There are currently about 3,700 single family homes on the […]
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Finding a management team that shares the owners’ vision on a project such as converting the Mining Exchange and its neighboring buildings into a boutique hotel is not an easy task. Anticipating that challenge, co-owner Perry Sanders hired Tyler Sherman, the former operations manager at Denver’s Hotel Teatro. “We’ll begin marketing the hotel and conference […]
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The last thing the Colorado Springs residential real estate market needs is more competition, but that’s what it’s getting. Local real estate professionals are already battling a hot rental market, slack demand and a drain of workers willing to commute from as far as Pueblo in exchange for more affordable housing. Now a growing number […]
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Former Marine spy David Seamon believes U.S. military contractors should be further educated about the city’s sophisticated armed forces sites if they hope to attract additional high-technology companies catering to the military machine. As the new executive vice president for marketing for the Greater Colorado Springs Economic Development Corporation, Seamon is barely moved into his […]
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One segment of the Colorado Springs commercial real estate market is experiencing explosive growth — gas stations. “It seems like the only thing that’s really moving,” said Lori Ondrick, a retail broker with Quantum Commercial Group. Ryan Tefertiller, a city planner, said everyone in the planning department has dealt with at least one gas station […]
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Kevin Patterson, CEO of Prudential Professional Real Estate, laid out the challenges ahead for residential realtors on Wednesday, September 11 at the Tri-Lakes Marketing Forum held at the Gleneagle Country Club. The monthly event, organized by co-chairs, Kim Rossbach of McGinnis/GMAC Real Estate and Michael Podoyak of North Caent. Patterson’s remarks focused on the state […]
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The ITT Corp.’s Systems Division will lease 75,000 square feet in Corporate Office Properties Trust’s Patriot Park, at 655 Space Center Drive. The 180-acre office park is located at the intersection of Powers Boulevard and Highway 24 next to Peterson Air Force Base. Based in Colorado Springs, ITT’s Systems Division provides systems support and technical […]
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Jordan Empey, a 31-year-old certified public accountant, moved to Colorado Springs from northern Nevada to work for Stockman Kast Ryan + Co. Six years later, he’s still working for SKR, most recently being promoted to tax manager. Where did you go to college, and why did you move here? I graduated from Oral Roberts University […]
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Rents in Colorado Springs dropped 10 percent, according to one source. ABODO.com, an online apartment listing services targeted to Millennials, reported that Colorado Springs was seventh on the list of communities where rents fell most. “From Feb. 10 to March 10, we saw a decrease in rents in Colorado Springs,” said ABODO Senior Communications Manager Sam […]
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Fort Carson officials finalized plans for conservation easements on more than 7,000 acres of land bordering the Army post’s southern and southeastern boundaries. The final easement completes a nine-year process to development conservation easements on the 22,292 acres of land through the Army’s compatible use buffer program. The acquisition process was accomplished by The Nature […]
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There are no steps leading into the house that Saddletree Homes is featuring at Flying Horse for the Colorado Springs Housing and Building Association’s Parade of Homes from Aug. 3 to 19. “That’s by design,” said Saddletree president and CEO Lee Bolin. “That’s how we pour the foundation. It has to be planned that way.” […]
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CoreLogic, a property information, analytics and data-enabled services provider, released its Home Price Index and HPI Forecast data for December, showing home prices are up month-over-month, as well as year-over-year. In Colorado Springs, home prices, including distressed sales, increased by 5.4 percent in December 2015 compared with December 2014. On a month-over-month basis, home prices, also […]
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