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Once again, there’s a lot of news to report. From the two large Bethesda office building and Pace Plaza retail center sales reported last week to this week’s leases and transactions, there’s never a dull moment on the Colorado Springs real estate scene. Bill May of Classic Mortgage said last week that commercial mortgage rates… Continue Reading Colorado Springs Real Estate Briefs Oct. 11, 2002

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With almost a year of real estate columns behind me, I realize how much there is to report in this ever-changing, fast-paced field – and so many stories still to tell. Downtown re-development deserves a full column – as do many of the transactions the Colorado Springs Business Journal reports each week. In the days… Continue Reading Colorado Springs Real Estate Briefs October 4, 2002

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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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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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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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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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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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