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Local real estate brokerages are hiring. ERA Shields has hired more than 20 real estate agents and support staff members in the past year. RE/MAX Properties has added 16 since January. Prudential Rocky Mountain Realtors has bumped its staff from seven agents to nine. Some of the hires are seasoned real estate professionals simply moving… Continue Reading Strong real estate market has brokerages beefing up

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Hot market: Fire serves to reignite Westside construction, home buying

Realtor Ray Shea recently ushered a pair of buyers into a half-million-dollar home in the Mountain Shadows neighborhood. “It’s a view lot,” Shea said. “We’re standing there, looking out the window and all you can see is charred, burned hillside. I’m waiting for them to drop the bomb in my lap and say, ‘Wow, this… Continue Reading Hot market: Fire serves to reignite Westside construction, home buying

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What sequester? Construction continues despite other cuts

After months of news about decreasing Defense Department budgets, there’s a bright spot on the horizon for Colorado Springs. In 2014, the Pentagon plans to spend 27 percent of its Army construction budget at Fort Carson, bringing jobs and opportunities to the region, and signaling the increasing importance of the Mountain Post to overall defense… Continue Reading What sequester? Construction continues despite other cuts

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Immigration debate heading toward Springs

Administrators at The Vanguard School, a charter high school in District 12, had no idea what they were getting into when they decided to hire a German citizen to teach their German and Spanish foreign language classes as well as English classes. “He can teach all three classes,” said Diane Borre, the school’s business manager.… Continue Reading Immigration debate heading toward Springs

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Gas stations heating up commercial market

One segment of the Colorado Springs commercial real estate market is experiencing explosive growth — gas stations. “It seems like the only thing that’s really moving,” said Lori Ondrick, a retail broker with Quantum Commercial Group. Ryan Tefertiller, a city planner, said everyone in the planning department has dealt with at least one gas station… Continue Reading Gas stations heating up commercial market

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Commercial brokers more optimistic about market

A lot of Colorado Springs businesses have been taking advantage of lower lease rates and moving into nicer office spaces. Class A office space, which is the newest and nicest space in town, was a bright spot in most commercial brokers’ quarterly reports. “This is the most positive quarter we’ve had, if you look at… Continue Reading Commercial brokers more optimistic about market

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City grounds airport marketing plan to make way for a different strategy

Colorado Springs officials are hoping a new marketing strategy will save the Colorado Springs Airport from its nosedive of declining passengers and airport activity. The airport, like so many regional airports across the country, is caught in a swirl of factors including consolidating airlines, a sluggish economy and rising fuel prices. Every year for the… Continue Reading City grounds airport marketing plan to make way for a different strategy

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On the rise: Homebuilders and developers see major spike in sales activity

The numbers tell the story of a sudden boom in business for area homebuilders and developers. And most are optimistic the growth will continue. There were 680 new single-family building permits issued in the first quarter of 2013 in El Paso County, almost 40 percent more than in the first quarter of 2012 and the… Continue Reading On the rise: Homebuilders and developers see major spike in sales activity

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Hospitals brace for sequestration-related cuts

Hospitals across the state are bracing for billions in financial losses, thanks to sequestration and a series of other federal budget cuts. While some cuts were expected and planned for, sequestration was not – and hospitals are struggling to figure out how to deal with the loss of revenue. For example, sequestration cuts Medicare provider… Continue Reading Hospitals brace for sequestration-related cuts

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Tweeting, pinning and blogging — tourism industry’s new tactics

At 6 a.m., Chelsy Murphy rolls out of bed and logs on to Pinterest, a social-networking site that allows users to “pin” up photos. As communications director at the Colorado Springs Convention and Visitors Bureau, Murphy knows that early mornings and late nights are when most of the site’s users, 80 percent of whom are… Continue Reading Tweeting, pinning and blogging — tourism industry’s new tactics

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