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Quantum Financial releases July property transactions

Documents released Wednesday by Quantum Commercial Group Inc. disclosed July transaction information regarding three properties. The 104,439 square feet of office space at 5575 Tech Center Drive in Colorado Springs sold for $5.9 million. The listing Firm was NAI Highland & CIII and the cooperating firm was Quantum Financial Group. It was a foreclosure purchase.… Continue Reading Quantum Financial releases July property transactions

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Meadow Muffins closes after 30 years in OCC

Meadow Muffins, a bar and grill that has been a favorite among those visiting Old Colorado City for more than 30 years, apparently has closed its doors. A representative with Craddock Commercial Real Estate in Colorado Springs, which owns the property at 2432 W. Colorado Ave., confirmed that the business has closed. The restaurant was shuttered earlier… Continue Reading Meadow Muffins closes after 30 years in OCC

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Honor Flight gears up for Sept. 26 takeoff

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Honor Flight gears up for Sept. 26 takeoff

Honor Flight of Southern Colorado announced Tuesday that it is preparing for its sixth annual excursion Sept. 26. During the weekend of Sept. 26, the nonprofit will fly 25 American WWII veterans from Colorado Springs to Washington D.C. to visit various memorials as part of the national Honor Flight Network. Before the trip, the organization… Continue Reading Honor Flight gears up for Sept. 26 takeoff

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Fine Arts Center Gala Sept. 13

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Fine Arts Center Gala Sept. 13

Camelot is about to begin, so reserve your seat at the Round Table. A Knight at the Fine Arts Center, a Gala for the Ages is a unique and exciting event that supports culture and commerce in Colorado Springs. The action will include swordplay, herald trumpet calls, jesters, a gourmet feast, fire eaters and more… Continue Reading Fine Arts Center Gala Sept. 13

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Springs home prices increase 4.4 percent year over year in July

CoreLogic (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, released its July Home Price Index report Tuesday. Home prices nationwide, including distressed sales, increased 7.4 percent in July  compared to July 2013. This change represents 29 months of consecutive year-over-year increases in home prices nationally. On a month-over-month basis, home prices… Continue Reading Springs home prices increase 4.4 percent year over year in July

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Amy Lathen seeks mayor’s seat

In a press release sent out early Monday afternoon, El Paso County Commissioner Amy Lathen confirmed that she will run for Mayor in April’s municipal election. A formal announcement is expected soon. Lathen, 47, has served six years as the District 2 county commissioner. She has been a key member of the Stormwater Task Force, and… Continue Reading Amy Lathen seeks mayor’s seat

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Feds: Real GDP increases in Q2

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Feds: Real GDP increases in Q2

The U.S. Bureau of Economic Analysis announced Wednesday that the nation’s real gross domestic product increased at an annual rate of 4.2 percent in the second quarter of 2014. That is a turnaround from a 2.1 percent decrease experienced by the country’s GDP in the year’s first quarter, according a second estimate by the bureau.… Continue Reading Feds: Real GDP increases in Q2

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UCCS fall enrollment reaches record high

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UCCS fall enrollment reaches record high

Enrollment at the University of Colorado Colorado Springs surpassed 11,000 students this fall — an increase of 5 percent over last year — setting a new record for the university. The increase to 11,199 students was reported by UCCS in a news release Thursday, which stated that detailed enrollment data is expected to be released mid-September.… Continue Reading UCCS fall enrollment reaches record high

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Homes underwater in CSprings

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Homes underwater in CSprings

Some 9.1 million homes were seriously underwater in the second quarter of this year, RealtyTrac, the nation’s leading source for comprehensive housing data, announced in its U.S. Home Equity and Underwater Report. To be seriously underwater, the combined loan amount secured by the property is at least 25 percent higher than the property’s estimated market… Continue Reading Homes underwater in CSprings

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Home price appreciation slows in 65 percent of U.S. housing markets

RealtyTrac, the nation’s leading source for comprehensive housing data, released its July 2014 U.S Residential & Foreclosure Sales Report Aug. 28. The report shows that U.S. residential properties, including single family homes, condominiums and townhomes, sold at an estimated annual pace of just over 4.6 million in July, down 3 percent from the previous month… Continue Reading Home price appreciation slows in 65 percent of U.S. housing markets

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