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Blair College gets new headquarters

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Blair College, motivated by a near-doubling of its enrollment since 1998, just made it official: the school will move its local headquarters to a new facility near the intersection of Fountain Boulevard and Jetwing Drive on the city’s southeast side. As a for-profit educational school, Blair College has offered two-year accredited degrees since 1953. It… Continue Reading Blair College gets new headquarters

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A national research firm says the top three home builders in the Colorado Springs/Denver market are Village Homes, Pulte Homes, and Engle Homes (in order based on customer satisfaction). Pulte Homes is prominent in the Colorado Springs market. Village Homes ranks highest in customer satisfaction in the Denver/Colorado Springs home-building market, according to the J.D.… Continue Reading Springs builder ranks among area's top three in quality

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Kevin Patterson, CEO of Prudential Professional Real Estate, laid out the challenges ahead for residential realtors on Wednesday, September 11 at the Tri-Lakes Marketing Forum held at the Gleneagle Country Club. The monthly event, organized by co-chairs, Kim Rossbach of McGinnis/GMAC Real Estate and Michael Podoyak of North Caent. Patterson’s remarks focused on the state… Continue Reading Local real estate leader looks at residential trends

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Real Estate Briefs September 20, 2002

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Local brokers have been busier than New England cranberry merchants in the past 30 days. Take a look at the dozens of deals completed by all sectors of the commercial real estate industry. Transaction Report Hoff & Leigh Reports $1.5 Million in Sales August proved to be an active month for one of Colorado Springs’… Continue Reading Real Estate Briefs September 20, 2002

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Realizing success with an early entry to e-business

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Some folks thrive – even when faced with a roller-coaster economy. Take Warren and Christine Meacham, for example. As owners of Colorado Online Mortgage (formerly Auer Mortgage), Christine, a mortgage broker since the mid-1980s and Warren, a former commercial banker, have survived sky-high 11 to 14 percent home loan interest rates and skimpy realtor referrals… Continue Reading Realizing success with an early entry to e-business

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Real Estate Briefs September 13, 2002

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Aloha…A Post- Vacation Perspective Just when you thought Colorado Springs was the only locality faced with environmental challenges (e.g., the Preble mouse), consider Kailua-Kona, Hawaii. The “Big Island” relies heavily on Highway 19 (which loops the entire island). Unfortunately, some parts of the highway narrow to two slow lanes near the coffee plantations. In an… Continue Reading Real Estate Briefs September 13, 2002

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Real Estate Briefs September 6, 2002

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Masterbilt Homes Introduces Fresh Concept Every once in a while a homebuilder steps outside the box and starts a completely new trend. Jack Weipking, president of Masterbilt Homes, certainly gets credit for taking a very large step in introducing the Pikes Peak region to Traditional Neighborhood Design (TND), which has evolved around the country as… Continue Reading Real Estate Briefs September 6, 2002

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It is the American dream – owning one’s own home, and over the years it provides a valuable tax deduction as well as a place to live. But if you are over 62, your home could be a source of income through what’s called a “reverse mortgage.” A reverse mortgage is a loan that allows… Continue Reading Reverse mortgages let seniors hang on to their homes longer

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Up to 200,000 individuals and families could be eligible for home loans within the next five years because of a $35 billion investment plan by FannieMae, the nation’s largest source of financing for home mortgages. Called “The American Dream Commitment,” it is part of the Bush administration’s commitment to creating 5.5 million new homeowners by… Continue Reading FannieMae could help 200,000 more Coloradoans secure home financing

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Despite some of the lowest mortgage rates in decades, the single-family home market in Colorado Springs is slowing – but not as fast as was feared. Compared to 2001, year-to-date new single-family residential building permits are down almost 12 percent. That is a “markedly better performance than the 20 percent decline,” said Fred Crowley, economist… Continue Reading Colorado Springs housing market begins to slow down

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