Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, March 7. They are listed in order of bid amount. [...]
Colorado will use the $51.17 million it received under the recent multi-state settlement with the country’s five largest banks to pay for homeowner relief and foreclosure-prevention efforts throughout the state. “These funds will help keep Coloradans in their homes and prevent future foreclosures,” Attorney General John Suthers said in a statement. “In cooperation with the [...] [...]
Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Feb. 29. They are listed in order of bid amount. [...]
Seagate Properties just purchased its third apartment complex in the past 10 months in Colorado Springs. The California-based investment company bought Sunset Creek Apartments, a 310-unit apartment complex, located at 5400 N. Nevada Ave. The purchase price was $20.5 million. “Sunset Creek was an off-market opportunity to acquire a well-located, low-density community with great potential,” [...] [...]
Condominium associations that have discovered their Federal Housing Authority certifications are expired have scrambled to restore home values by re-applying for the status. [...]
Private commercial construction spending was up 17 percent nationally year-over-year in January, according to a report from the Associated General Contractors of America. Construction spending in January totaled $827 billion. While year-over-year construction spending was up across all sectors, spending slipped slightly in most construction categories in January, according to the report. Despite those declines, [...] [...]
The planned 2.4-million-square foot Copper Ridge retail center sprung back to life last week when Gary Erickson’s Northgate Properties announced that it had lured one of retail’s biggest fish — Bass Pro Shops. [...]
Alleys around the world have bad reputations to live down. And those in Colorado Springs are no exception. The Downtown Partnership aims to transform Colorado Springs’ alleys, two of them to start, from smelly, dirty places where the homeless sleep and garbage stacks up to comfortable pathways from parking to downtown filled with art and [...] [...]
Mortgage giant Fannie Mae said Wednesday that it lost money in its fourth quarter and is asking the federal government for $4.57 billion in aid to cover its deficit. Washington-based Fannie said it lost $2.41 billion in the October-December quarter, stung by declining home prices. Revenue was $4.53 billion. The government rescued Fannie and sibling [...] [...]
Following are the most expensive foreclosures over $200,000 that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Feb. 15. [...]