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Archive | September, 2011

PPAR: Home prices, inventory fall in August

6. September 2011

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Average and median home prices in the Pikes Peak Region fell month over month and year over year. The median home price fell 7 percent from $205,000 in August of 2010 to $191,000 this August, according to recently released data from the Pikes Peak Association of Realtors. The average home price fell 10 percent from […]

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New foreclosure starts rise

2. September 2011

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Foreclosure starts in El Paso County rose dramatically in August to the highest level this year. There were 334 new foreclosures filed with the El Paso County Public Trustee in August, up from just 238 in July. Trustee Tom Mowle wrote in a statement that the spike in new foreclosure filings did not come as […]

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Investors bought two of 45 homes in foreclosure auction

1. September 2011

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Investors bought two of the 45 properties that sold at Wednesday’s El Paso County Trustee’s foreclosure auction. The other 43 returned to the lenders. A home at 5069 Nolte Drive North (80916) sold to A New Design Living for $95,050. That was slightly over lender Deutsche Bank National Trust Company’s initial bid of $93,750. The […]

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