RE/MAX Properties Inc., a real estate company in Colorado Springs, ranks No. 189 of the 500 most productive brokerages in the country, based on 2015 home sales data in the 2016 REAL Trends 500 survey. RE/MAX Properties Inc., completed $1.06 billion in sales last year. Also, RE/MAX Properties Inc. placed 153rd in the nation for […]
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Two Pikes Peak regional housing agencies received grants totaling $90,000 this week to support housing projects in the area. Pikes Peak Habitat for Humanity was awarded $15,000 from Thrivent Financial to support the Thrivent Builds with Habitat program. Partners in Housing received a $75,000 Daniels Fund grant to support its Homeless Self-Sufficiency Program. Pikes Peak […]
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Improved home sales in the Pikes Peak region have bucked the national downward trend, according to figures from the Pikes Peak Association of Realtors and the National Association of Realtors. In the Pikes Peak region, sales of single-family homes increased to 870 in February, up from 849 in January. Condominium sales also increased, to 131 […]
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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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Andy Stauffer couldn’t sleep. A friend had been trying for years to convince Stauffer to purchase a 16,000-square-foot residential lot on Laura Road, neighboring Cheyenne Mountain Zoo. It was 1 a.m. and Stauffer, president and founder of Stauffer & Sons Construction, hadn’t thought about the property in some time. But for some reason on this […]
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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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The proposed land swap between The Broadmoor hotel and the city of Colorado Springs is the culmination of years of negotiations, discussions and brainstorming between the two parties, as well as other stakeholders. But despite the negotiations, residents surrounding the city-owned parkland are picking sides — and even some open-space groups are undecided if the […]
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Heavy-hitters in the Colorado Springs commercial real estate community gathered Wednesday night to celebrate their successes selling and leasing commercial property in the region. At their first formal gathering since forming last year, nearly 100 members of the Southern Colorado Commercial Brokers met to distribute “Deal Maker Awards 2015” as the organization’s inaugural event. The SCCB […]
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The Village at Lionstone apartment complex in southeast Colorado Springs sold for $28.1 million Jan. 4. The multifamily property is located at 255 Lionstone Drive and features 288 one- and two-bedroom units. Dan Woodward, Dave Potarf, Matt Barnett and Jake Young of CBRE Denver Multifamily Investment Properties represented the seller, Seagate. The buyer was All Pro Capital […]
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A number of commercial sales took place early in the year in the Pikes Peak region, according to Cushman and Wakefield Colorado Springs Commercial. Six acres of vacant commercial property at 940 and 990 W. Baptist Road sold for $1.5 million. Represented by Mark Useman, Monument PRD-10 Inc. sold to WDG Monument LLC. According to […]
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The trend for urban living has encouraged Colorado Springs real estate developer Nor’wood Development Group and apartment owner and commercial property manager Griffis/Blessing Inc. to build 356 new apartments in two projects downtown. Groundbreaking for both is set for 2016, said Jeff Finn, Nor’wood project design manager, and Gary Winegar, Griffis/Blessing president of investment services. […]
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Home prices rose year over year and month over month, according to the CoreLogic Home Price Index. CoreLogic is a property information, analytics and data-enabled services provider that compiles monthly home prices at the national, state and local levels. Colorado’s HPI jumped 10.4 percent year over year for single-family homes. In Colorado Springs, home prices increased […]
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