RSS

Archive | July, 2011

PPAR: June listings and sales fall

7. July 2011

Comments Off

Home listings and home sales are down year over year in the Colorado Springs area, according to new numbers released today by the Pikes Peak Association of Realtors. Only 8,138 homes were listed for sale on the multiple listing service in the first half of 2011 compared to 9,847 in the first half of 2010. […]

Continue reading...

Bill would replace Fannie and Freddie

7. July 2011

Comments Off

A bill expected to be introduced in the U.S. House Financial Services Committee today would create a new government-run agency to replace Fannie Mae and Freddie Mac. Gary Miller, a California republican, and Carloyn McCarthy, a New York democrat told media they plan to introduce the legislation today that would eliminate the two government-backed private […]

Continue reading...

Expensive Aspen homes selling

7. July 2011

Comments Off

High-end homes are selling again in Aspen. The Aspen Times reported today that the glitzy mountain town is fast approaching a record year for sales of homes priced over $10 million. Three such homes are under contract and another 14 have already sold this year. That’s just one off from an annual record number, the […]

Continue reading...

Four homes sell at weekly foreclosure auction

6. July 2011

Comments Off

Of the 61 properties listed on the El Paso County Trustee’s foreclosure presale list today, 12 were delayed to another date and four sold to investors. Those that sold included 5216 Lady Slipper Court, Colorado Springs, CO 80922; 6745 Shimmering Moon Lane, Colorado Springs, CO 80923; 8548 Del Rio Road, Peyton, CO 80831 and 915 […]

Continue reading...

Coloradans qualify for mortgage help

5. July 2011

Comments Off

Colorado homeowners struggling to make mortgage payments have until July 22 to apply for $41 million in federal funds for help with their home loans. Emergency Homeowners Loan Program are distributed by the U.S. Department of Housing and Urban Development, according to information from the Colorado Department of Housing. Under the program, about 1,000 people […]

Continue reading...

Trustee report: Lower foreclosure numbers not all good news

1. July 2011

Comments Off

Foreclosure starts are the lowest they’ve been since November of 2007, though the housing market isn’t like to make major improvements any time soon, according to El Paso County Public Trustee Tom Mowle’s monthly report. The trustee’s office started 242 foreclosures in June. In the first half of the year, the office started 1,743 foreclosures. […]

Continue reading...