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20. February 2012

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Investors buy 3 houses at foreclosure auction

Investors bought three of 28 properties that sold at the El Paso County Public Trustee’s foreclosure auction on Feb. 15. The other 25 properties returned to the lenders. IDP Capital purchased a 1,707-square foot bi-level home built in 1981 at 1830 Doherty R. (80916) for $99,000. That was slightly over lender Deutch Bank National Trust’s initial [...]

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13. February 2012

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Report: Real estate inventory and prices down, sales up

While more homes sold in January of this year than in any January since 2008, the average and median home sales prices hit lows, according to Pikes Peak Association of Realtors data. The association reported that there were fewer new property listings in January of 2012 than there have been in any other January since at [...]

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10. February 2012

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Investors buy four properties at foreclosure auction

Third-party investors bought four of the 28 properties that sold in the El Paso County Public Trustee’s foreclosure auction on Wednesday, Feb. 8. Windflower, LLC bought a 666-square-foot ranch home built in 1954 at 605 Huron Rd. (80910) for $46,050. That was a $1,000 over lender Deutsche Bank National Trust’s initial bid of $45,052.20. Wayne and [...]

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7. February 2012

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Weichert real estate partners with architects

Weichert Realtors – Pikes Peak Group has teamed up with Colorado Development & Architecture. “They’re still going to be CDA, but they’re housed here with us,” said Weichert managing broker Monika Newman. “We certainly hope that service will be attractive to commercial real estate clients and even on the residential side.” The idea behind the marriage of [...]

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3. February 2012

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Investors buy two foreclosed properties at auction

Investors bought two of the 34 properties that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday. The rest sold back to the lenders. E.N. Properties bought a 2,628-square foot two-story home built in 1991 at 17570 E. Caribou Dr. in Monument (80132) for $259,000. That was more than $100,000 over lender Bank [...]

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26. January 2012

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Four properties sell at foreclosure auction

Investors bought four of the 39 properties that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday. The rest sold back to the original lenders. Field of Dreams Investments purchased a 2,762-square foot home at 2955 Clarendon Dr. (80916) for $84,650. That was just $50 over lender the Bank of New York Mellon’s [...]

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