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It’s scarcely news that Colorado Springs and the Pikes Peak region are in the midst of an unprecedented real estate boom. “I have never witnessed a market like we are currently experiencing,” said veteran real estate broker Harry Salzman of Salzman Real Estate Services in an email earlier this week, “and the end just isn’t […]

  • Updated

Home prices continue to rise in the Colorado Springs area, but that’s partly a reflection of the increased cost of building new homes. New-construction prices are going up, thanks partly to a spike in the cost of materials, particularly lumber, as well as labor costs. “Resales [of homes] track new construction. And prices are absolutely […]

All signs point toward a bullish housing market in Fountain. The city’s Economic Development Manager Kimberly Bailey said that Fountain is seeing its strongest speculative housing development in nearly 15 years — resulting from a historic regional demand for affordable residential real estate. “Right now we have about 3,200 housing plan submissions in the funnel,” […]

As the clock struck midnight last New Year’s Eve, Colorado Springs real estate experts believed 2016 would prove to be one of the strongest years in the history of the city’s commercial and residential markets. They were right. The past 12 months have produced a meteoric rise in home values and sale prices, drastically decreased […]

Kathleen Cancel (left) points out imperfections to her daughter during a home inspection Sept. 2. Cancel is under contract to purchase the sou…