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Residential Real Estate

Approximately seven years after the bubble burst heard ’round the world, residential real estate in Colorado is making a comeback in a big way. Demand is up and supply is down statewide, leading to increased residential property values and a market, depending on which side of the Palmer Divide you’re on (see sidebar), that’s one […]
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The number of single women buying homes is on the rise both nationally and locally. “At least in the past year to year and a half, the majority of my clients have either been a couple buying a home or single women,” said Larissa Bottenfield, a broker associate for Re/Max Integrity. “I’ve had some single […]
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A quick internet search at the downtown public library easily yields a long list of potentially empty homes for a squatter to invade. Houses for sale as well as rental and vacation properties can be easy targets, according to Alex Yoder, director of residential management at Dorman Real Estate Services. “Anyone can just go online, […]
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Average apartment rents in the Colorado Springs area rose year over year for the seventh straight quarter during the first three months of 2014, according to a report by the Colorado Division of Housing. Average rents in the metro rose 4.3 percent to $822 from $787 during the same quarter of 2013, said the report, […]
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Here’s one of the standard Colorado Springs narratives: Once upon a time there was a beautiful, cultured city of 34,000 nestled beneath Pikes Peak. But sometime in the 1950s, hordes of short-fingered vulgarians descended upon the city, transforming it into a wilderness of tract houses, beige subdivisions and cookie-cutter shopping centers. There’s some truth in […]
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Colorado Springs City Council voted down a resolution Tuesday that would have waived fees for downtown residential development in an attempt to support urban infill projects. Councilors voted 5-4 to kill the proposed amendment to a 1973 ordinance pertaining to fees for the creation of new parks and schools throughout the city. The amendment — […]
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No flowery prose today – there’s too much real estate news to pass on. From the opening of the 2002 Parade of Homes to the Urban Land Institute’s mid-year projections and a plethora of new transactions to report, the dog days of August will be anything but dull. HBA’s Parade of Homes Runs August 9-25 […]
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A tight residential real estate market and growing demand for housing have led to creative redevelopment and infill projects throughout Colorado Springs — but perhaps most noticeably on the Westside, where houses and multifamily buildings are going up on long-unused lots. GJ Gardner Homes is building an $800,000 modern duplex on a vacant lot at […]
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Living in or near the city ranked second best in the United States comes at a price. “Rents and home prices keep going up. So does the number of people moving into the region,” said Steve Posey, the Department of Housing and Urban Development director for Colorado Springs. “Even though there are a lot of […]
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The wheeling and dealing continues in Colorado Springs – a reassuring update in view of the current economy. Thanks to those all of you who submitted your many sales and lease reports this month. You guys have been working hard and could use a vacation! How about a few days in Cancun, Vail or Pebble […]
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Redistricting discussions are building this week to a crescendo at the State Legislature. EDC, The Chamber of Commerce and the Pikes Peak Association of Realtors are all watching developments closely as the final determination could have major impact on El Paso County’s military installations and legislative bargaining in the future. Stay tuned for details on […]
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Selling a luxury home requires a Realtor who knows how to market estate homes in luxury publications, according to people in the high-end real estate business. Trish Ingels wears two hats on this topic — she owns a $6.5 million home she’s trying to sell, and she’s a Realtor who sells executive homes for Berkshire […]
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