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Archive | October, 2012

National foreclosure inventory falls again

31. October 2012

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National foreclosure figures continue to decline, according to a report from CoreLogic, a real estate analytics firm. There were 57,000 completed foreclosures nationally in September, down from 83,000 in September 2011. While the current rate is still more than double the average 21,000 completed foreclosures between 2000 and 2006 prior to the decline of the […]

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Investors buy 3 properties at foreclosure

25. October 2012

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Investors bought three of the 49 properties that sold in the El Paso County Public Trustee’s foreclosure auction Wednesday. The rest were sold to the lenders. Stan Kline paid $92,100 for a 1,447-square-foot tri-level home built in 1986 at 4755 Spacewalk Way (80918). That was more than lender GMAC Mortgage’s initial bid of $88,570.65. Jesse […]

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New title company opens in Springs

22. October 2012

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Colorado Western Title is opening an office in Colorado Springs. The company has offices in Denver and Castle Rock, and is moving into the Springs market, according to a press release about the company. It is Colorado owned and operated and the Colorado Springs staff has more than 150 years of combined experience in the […]

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Investors buy 4 properties at foreclosure auction

18. October 2012

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Investors bought four of the 36 properties that sold in the El Paso County Public Trustee’s foreclosure sale Wednesday, Oct. 17. The remaining properties sold back to the lenders. Christi Lehouillier paid $73,500 for a 1,664-square-foot bi-level house built in 1971 at 206 E. Missouri Ave. (Fountain, 80817).That was more than lender Citi Financial’s initial […]

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Investors buy 4 properties at foreclosure auction

15. October 2012

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Investors bought four of the 38 properties that sold in the El Paso County Public Trustee’s foreclosure sale Wednesday, Oct. 10. The rest were sold to the lenders. Finite House Solutions paid $77,604.40 for a 1,056-square foot ranch home built in 1954 at 3111 N. Arcadia St. (80907). That was $50 more than lender Wells […]

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CoreLogic: Real estate prices continue to rise

2. October 2012

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Home prices in Colorado Springs continue to rise, according  to a national report. CoreLogic, a real estate analytics firm that tracks real estate prices monthly, reported that average Colorado Springs home sales prices increased 3.3 percent from August 2011 to August 2012. That’s following a 3.7 increase from July 2011 to July 2012. Home sales […]

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