Century Communities is re-launching a condominium community it put on hold when the real estate market collapsed in 2008. The Greenwood Village-based builder has pulled building permits for a 22-unit condo building at the Vistas at Nor’Wood, which was master-planned to include a 110-unit condominium complex. The builder finished its first 22-unit building near the [...] [...]
Oakwood Homes of Colorado was expected to complete its purchase of 2,200 acres in Banning Lewis Ranch this week and is eager to let the building begin. [...]
Colorado Springs was the 54th most searched real estate market in the country on Realtor.com in April. The ranking was higher than the 55th place the city had in March. The higher numbers, combined with falling inventory figures, rising list prices and rising sales prices indicate that the real estate market in Colorado Springs is [...] [...]
Home builders are emerging from the recession with some of the strongest sales and activity figures they’ve seen in years. [...]
Apartment vacancy rates in Colorado Springs were above the state average in the first quarter of this year. The city was also just one of a few metro areas in the state where vacancy rates were higher than last year. The vacancy rate was 6.4 percent in Colorado Springs, which was up from 5.8 percent [...] [...]
A California-based Christian publishing company is moving to town and has purchased the 62,000-square-foot building at 5550 Tech Center Drive. The company, Outreach Publishing, employs about 100 people nationally, though Sierra Commercial Real Estate broker Brian Wagner, who negotiated the deal on behalf of the seller, said he was unsure how many workers the company might relocate. [...] [...]
The lower apartment vacancy rates and higher rents reported in last week’s survey from the Colorado Division of Housing are good for apartment property owners ... [...]
Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, April 18. They are listed in order of bid amount. Borrower: Trend Investments Registered Agent: Scott Wolfsen Address: New Center Point Bid amount: $1,211,904.64 Deficiency: $1,068,872.68 Borrower: Peregrine Sanctuary Registered Agent: Jeff Brinen Address: [...] [...]
U.S. builders barely increased their spending on construction projects in March after two straight months of declines. A pickup in single-family home construction and commercial projects offset a steep drop in state and local government building. The Commerce Department said Tuesday that construction spending ticked up 0.1 percent. The small March gain left construction spending [...] [...]
Recent commercial office space sales should spur lower vacancy rates and rising lease rates, according to reports from Cushman & Wakefield Colorado Springs Commercial, a realty group. [...]
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