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Meadow Muffins sold, may lose name

After three decades as one of Old Colorado City’s most familiar neighborhood bars, Meadow Muffins has been sold to new owners who plan to reconceive it and may not carry on under the same moniker. Todd Delahanty, who purchased Meadow Muffins at 2432 W. Colorado Ave. in 2004, finalized the sale of the bar/restaurant last… Continue Reading Meadow Muffins sold, may lose name

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State foreclosure activity spikes in August

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RealtyTrac, a leading online marketplace for real estate data, on Thursday released an August Foreclosure Market Report which shows 1,478 Colorado properties with a foreclosure filing, up 23 percent from July and up 57 percent from a year ago — the biggest annual increase in Colorado foreclosure activity since April 2007. Colorado Springs’ foreclosure rate jumped… Continue Reading State foreclosure activity spikes in August

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Blue Dot starts a new trend

“Why are we going ahead?” asked Darsey Nicklasson. “Because Colorado Springs needs this.” In a letter explaining their decision to go ahead with their long-planned, 33-unit Blue Dot apartment development on South Nevada Avenue, Nicklasson and partner Kathy Loo made their point in a single sentence. “We will continue to be a very active part… Continue Reading Blue Dot starts a new trend

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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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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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Despite City Council’s refusal to waive park development fees for downtown development, Darsey Nicklasson and Kathy Loo have decided to move forward with their projected downtown apartment building, Blue Dot Place. They announced their intentions in an email sent to the City Council and Mayor on Wednesday. The 32-unit building will be located at 418… Continue Reading Apartment plans move forward

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Foreclosure rates in Colorado Springs decrease

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Foreclosure rates in Colorado Springs decrease

Foreclosure rates in Colorado Springs decreased for the month of June over the same period last year, according to newly released data from CoreLogic. The CoreLogic data reveals that the rate of Colorado Springs foreclosures among outstanding mortgage loans was 0.82 percent for June 2014, a decrease of 0.04 percent compared to June 2013 when… Continue Reading Foreclosure rates in Colorado Springs decrease

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July real estate stats bring positive details

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Some interesting facts came to mind as I was looking over the new Pikes Peak Association of Realtors report. While local sales are basically the same as they were a year ago, the full report includes an “investor snapshot” that indicates single family/patio homes sales in July were the highest for the month since 2007.… Continue Reading July real estate stats bring positive details

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Army vet brings skill set to inspections

Retired Army veteran Nate Hollis needed a post-military career that would best utilize his attention to detail. Hollis spent his active-duty career either maintaining UH1H Huey helicopters or managing those who did. Today, Hollis owns and operates RCP Home Inspections, a company he launched this year. Starting RCP Home Inspections (the RCP stands for Residential… Continue Reading Army vet brings skill set to inspections

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