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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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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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December 6 Sale of apartments largest in Springs history A California-based real estate firm announced it has completed the $54 million purchase of a 322-unit multi-family development in the Briargate area of Colorado Springs. Privately held Passco Companies LLC broke the news in a release that its acquisition of Vue21 (formerly known as Alexan at […]
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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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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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The Colorado Springs multifamily housing market has in recent weeks seen the sale of two large apartment complexes totaling nearly $130 million — bringing total sales volume for the year to around $500 million and underscoring the strength of the local real estate economy. The 440-unit Grand River Canyon apartment community in north-central Colorado Springs […]
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Earlier this week the Realtors Commercial and Industrial Society (RCIS) met at the former RockShox offices at 1610 Garden of the Gods Rd. for its November monthly meeting. The commercial and development community turned out in force for remarks by Bill Healy, the city’s new planning director. Based on early conversations with Healy, he’s ready […]
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Longtime Colorado Springs-area residents might remember Sylvia Jennings from her news-delivering days, when she and her husband Wayne worked as KKTV 11 News anchors. But now, many newcomers to the Springs who are looking for a home might know her in her Realtor role, as co-owner of Prudential Rocky Mountain at 216 N. Tejon St. […]
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A steadily growing population throughout the region has made the leasing part of apartment property managers’ jobs fairly easy the past several years. However, since the beginning of January, the demand for apartments appears to have slowed slightly, likely due to seasonality and new units coming online, said Carmen Azzopardi, senior vice president of multifamily […]
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Colorado Attorney General John Suthers announced Wednesday that $23 million of the state’s National Mortgage Settlement funds will be used to support affordable housing programs for residents seeking relocation. The funds, which are a portion of the $51.2 million in state settlement funds, will  be used primarily to aid those living in the areas directly […]
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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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As a young, single and freshly transplanted Coloradan, I’m no stranger to the woes of apartment hunting — as well as the dread of paying subsequent rent and utility bills. The Apartment Association of Southern Colorado released earlier this month its third-quarter “Colorado Springs Metro Area Apartment Vacancy and Rent Study,” which noted that our […]
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