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While 2016 is proving to be another record-breaking year for the local residential real estate market, the increasing likelihood of mortgage rate hikes is creating uncertainty for some and opportunity for others. Although November saw a slight dip in home sales, monthly sales grew 46.7 percent above the same time...
The Colorado Springs commercial real estate market continued to grow stronger throughout the third quarter of 2016 and has been bolstered by banner years for the local hospitality and tourism industries, according to industry experts. Reports published last month by Colorado-based real estate firms Turner Commercial Real Estate and Transwestern painted an optimistic picture of […]
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If you’re a millionaire looking to pay cash for a luxury home in the Rocky Mountain foothills, Colorado Springs is the market for you. While the bottom part of the housing market continues to heat up — driving availability down and prices to record highs — local real estate agents have had a much harder […]
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Weichert Realtors brokered the sale of 1031 S. Tejon St., a 571-square-foot office space in downtown Colorado Springs. Mike Berger of Weichert Realtors represented the seller Blair Family Trust and Rob Rolley of ReMax Properties Commercial represented the buyer Schiedel. Also in July, Weldon Shaver of Weichert Realtors brokered the lease of 1116-square-foot office space […]
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It looks like more DIY movers are heading west, parking and unpacking in Colorado Springs. LawnStarter, a Texas-based startup that helps people book affordable lawn care, published a report on its blog July 27 listing Colorado Springs No. 3 for “America’s 12 Most On-the-Move Metros.” Data released July 21 from the U.S. Census Bureau’s 2014 American […]
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The Ancient Mariner’s story ends Memorial Day. After 32 years serving drinks, sandwiches, pizza and local musical talent, the Manitou Springs tavern will close, along with adjacent Marilyn’s Pizza, said owner Anne Stinson. “I’m tired, and I want to get retired,” said Stinson, who has operated Ancient Mariner and Marilyn’s Pizza for all its 32 […]
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A number of new commercial leases and management decisions have been made recently. The Quantum Commercial Group Inc. signed several new leases for businesses in Colorado Springs, and Griffis/Blessing continues to expand its management holdings. Joint Effort Rehabilitation Specialists, formerly of Broadmoor Valley Road, signed a lease for 2,145 square feet at 202 E. Cheyenne […]
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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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