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The owner of a Gold Hill Mesa home filed suit this month against the builder, saying the home is not as energy-efficient as the builder purported. Further, the builder knew the home wasn’t as energy-efficient during the sales process, said homeowners Hannah Polmer and William Robert Rudge in their lawsuit against Hi-Point Home Builders LLC,… Continue Reading Home not effectively green, lawsuit says

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More good real estate news for area

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The second quarter 2013 report of the top 160 metropolitan areas from the National Association of Realtors indicates that median home prices continued to rise in the majority of cities, with the national year-over-year price showing the strongest gain in 71/2 years. Even better news is that “despite rising prices and higher mortgage interest rates,… Continue Reading More good real estate news for area

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Colorado Crossing sits as litigation abounds

Half-finished buildings sit with gaping holes, windows without glass, parking lots without cars. Classy signs announce the now-derailed development: Colorado Crossing, on the weeded byway leading to its skeletal remains off Voyager and Interquest parkways. A nearly completed multiplex movie theater, flanked by a half-done office building and a parking garage, all sit vacant and… Continue Reading Colorado Crossing sits as litigation abounds

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JA plans purchase of former Goodwill building on Westside

Junior Achievement of Southern Colorado is likely to purchase one of the former Goodwill Buildings on West Colorado Avenue. The financial-education organization is under contract to purchase the 26,000-square-foot building that includes 2310 and 2320 W. Colorado Ave. JA’s board of directors will meet Aug. 20 to vote on moving forward with the purchase, said… Continue Reading JA plans purchase of former Goodwill building on Westside

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Monument apartment complex plans expansion

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Monument apartment complex plans expansion

The Vistas at Jackson Creek is planning a $9.6 million expansion to the luxury apartment complex located in Monument, Colo. The plan is to add 90 more units to the 177 apartments already built in the complex, just north of Monument Marketplace on the east side of Jackson Creek Parkway. Construction on 3.74 acres will… Continue Reading Monument apartment complex plans expansion

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Antlers Hilton facing foreclosure

The El Paso County Public Trustee filed foreclosure papers Tuesday on the Antlers Hilton hotel in downtown Colorado Springs. According to records from the public trustee, $36.35 million is the balance due on the 232-room downtown icon. The original principal balance of the debt was $36.342 million, according to public trustee documents. This foreclosure is… Continue Reading Antlers Hilton facing foreclosure

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Griffis/Blessing Inc. will provide management services for the Boulder Street Medical Building, 1725 East Boulder St. in Colorado Springs. The 15,250-square-foot property is home to Pediatric Cardiology Associates, Pulmonary Associates and Memorial Pediatric Surgery. “We are thrilled with this selection to manage the Boulder Street Medical Building,” said Richard K. Davidson, senior vice president of… Continue Reading Griffis/Blessing to manage Boulder Street Medical Building

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If someone puts a home on the market today, chances are good it’ll sell within two months. As of June 30, single-family homes spent an average of 62 days on the market, the lowest number since June 2006, when the Pikes Peak Association of Realtors started keeping records. The total number of active listings is… Continue Reading Springs homes selling at fastest rate in years

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Re/Max opens first downtown office space

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Re/Max Properties signed a lease on a new downtown office space. The real estate firm, which boasts more than a 14 percent share of the local residential real estate market, has offices throughout the city. But its new space in suite 100 on the ground floor of the Alamo Building at 102 S. Tejon St.… Continue Reading Re/Max opens first downtown office space

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Colorado Springs homes appreciate 8.2%

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Colorado Springs home prices climbed 8.2 percent year-over-year in April, according to analysis firm CoreLogic . They rose 2.1 percent from March to April. Excluding the distressed sales, short sales and bank-owned properties, sales prices climbed 7.1 percent year-over-year. The sales price increases are good news for the rebounding real estate industry. While the figures… Continue Reading Colorado Springs homes appreciate 8.2%

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