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Archive | April, 2012

Investors buy 2 properties at auction

26. April 2012

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Investors bought two of the 35 properties that sold in the El Paso County Public Trustee’s foreclosure sale Wednesday. The rest sold back to the lenders. Ho Investments paid $157,050 for a four-plex built in 1984 at 6965 Peyote Way (80920). That was slightly over lender Citi Bank’s initial bid of $152,910. Mark T. Schwab […]

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Commercial brokers announce several recent transactions

23. April 2012

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Colorado Springs commercial brokers submitted the details of several recent transactions. Submitting agency: NAI Highland Property: Western Business Park at 5021 and 5023 List Dr. (80919) Size: 3,100 square feet Transaction type: New lease Buyer/tenant: Metso Minerals Industries for relocation and expansion of a mineral materials lab Seller’s broker: Paul Engel Buyer’s broker: Karen Clarke […]

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Investors buy three foreclosures

18. April 2012

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Investors bought three of the 50 properties that sold in the El Paso County Public Trustee’s foreclosure auction on Wednesday. The other properties were returned to the lenders. Rocky Mountain Metropolitan paid $186,500 for a 1,480-square-foot two-story house built in 1995 at 8011 Ferncliff Dr. (80920). That was well over lender Wells Fargo Bank’s initial […]

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Springs is 55th most searched real estate market

17. April 2012

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Colorado Springs was the 55th most searched real estate market in the country dfuring March, according to Realtor.com statistics released today. The most searched market was Chicago, followed by Detroit, Los Angeles—Long Beach and Philadelphia. Denver was the 23rd most searched real estate market in the country and Boulder ranked 107th. Realtor.com surveys up to 250 […]

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Investors buy 4 properties at foreclosure auction

12. April 2012

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Investors purchased four of the 38 properties that sold at the El Paso County Public Trustee’s foreclosure auction Wednesday. The rest sold back to the lenders. Go Real Estate Development paid $131,000 for a 1,498-square-foot two-story home built in 2000 at 5475 Anna Lee Way (80922). That was well over lender CitiMortgage’s initial bid of […]

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Investors buy 8 properties at foreclosure auction

5. April 2012

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Investors bought eight of the 40 properties that sold at the El Paso County Public Trustee’s foreclosure sale on Wednesday, April 4. The rest of the properties were returned to the lender. MAC Marketing and Consulting paid $115,000 for a four-plex at 6609 Provincial Dr. in Fountain (80817). That was well over lender Bank of […]

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Colorado Springs homes prices rise

4. April 2012

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After years of depreciation, reports indicate that Colorado Springs home prices are on the rise again. Colorado Springs home prices increased by 1.9 percent year-over-year in February, according to a report from research and analytics firm CoreLogic. That figure includes the sale of distressed properties. Removing the sales of properties in various stages of foreclosure […]

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