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Tag Archive | "Colorado Springs"

Report: Fewer homeowners have negative equity

Wednesday, September 12, 2012

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While the number and percentage of homeowners who owe more than their home is worth is dropping, it remains high, according to a report from CoreLogic, a national real estate analytics firm. Nationally, 10.8 million, or 22.3 percent, of all residential properties with a mortgage had negative equity at the end of the second quarter […]

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CoreLogic: Home prices in Colorado Springs rise

Tuesday, September 4, 2012

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Home prices in Colorado Springs, including distressed properties, increased 3.9 percent in July 2012 compared to July 2011, according to national analytics firm CoreLogic. That is right in line with the national trend, where home prices, including distressed properties, increased 3.8 percent. On a month-over-month basis, home prices, including distressed sales, increased by 0.9 percent […]

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Investors buy 6 properties at foreclosure sale

Thursday, August 30, 2012

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Investors bought six of the 50 properties that sold at the El Paso County Public Trustee’s foreclosure auction on Wednesday, Aug. 29. The rest were sold back to the lenders. Encore Real Estate paid $321,000 for a 2,679-square-foot ranch home built in 1980 at 3315 Clubview Terrace (80907). That was more than lender Wells Fargo’s […]

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Foreclosure sales fall, prices rise

Thursday, August 30, 2012

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The number of foreclosure-related sales in Colorado Springs during the second quarter of this year dropped 16.58 percent from last year. Nationally, the number fell 22 percent year-over-year, according to RealtyTrac, an online marketplace for foreclosed properties. It was the first annual decrease in foreclosure-related sales after five quarters of increases, according to a release […]

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Investors buy 8 properties at foreclosure

Tuesday, August 21, 2012

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Investors bought eight of the 37 properties that sold in the EL Paso County Public Trustee’s foreclosure auction on Wednesday, Aug. 15. The rest were sold back to the lenders. IDP Capital paid $66,500 for a 1,040-square-foot ranch home built in 1955 at 2810 Wood Ave. (80907). That was more than lender HSBC Bank’s initial […]

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Springs is 60th most searched real estate market

Thursday, August 16, 2012

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Colorado Springs was the 60th most searched market on Realtor.com in July. It was the second most searched metro area in Colorado, behind Denver, which ranked 27th, according to a release from Relator.com. Boulder and Longmont ranked 116th. Fort Collins and Loveland were 124th and Pueblo was 145th nationally. The residential real estate website also […]

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Springs company launches short sale app

Wednesday, August 8, 2012

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Summit Mitigation Services, a Colorado Springs-based short sale company, is finding new success with its mobile app. The company launched its My Short Sale Score six weeks ago and it’s already the top-rated short sale app on the market, according to a release from the company. Summit initially developed the app for internal use. It […]

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Report: Springs home prices on the rise

Wednesday, August 8, 2012

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Colorado Springs home prices increased by 4.4 percent year-over-year in June. That growth surpasses home sales price increases in the rest of the country, where prices went up 1.3 percent, including the distressed sales of foreclosed homes and short sales. The figures come from real estate analytics firm CoreLogic. Excluding distressed homes, sales prices increased […]

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Investors buy 5 properties at foreclosure

Monday, July 30, 2012

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Investors bought five of the 25 properties that sold in the El Paso County Public Trustee’s foreclosure auction July 25. The others were returned to the lenders. Jeffrey G. Crank paid $46,000 for a 978-square-foot ranch home built in 1970 at 1843 Saratoga Drive (80910). That was more than lender Bank of America’s initial bid […]

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CoreLogic: Foreclosure rate falls

Wednesday, July 25, 2012

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The foreclosure rate in Colorado Springs dropped slightly from this time last year. According to real estate analytics firm CoreLogic, the foreclosure rate dropped .15 percent points from 1.58 percent in May 2011 to 1.43 percent in May 2012. The drop was slightly higher than the national average, where foreclosure rates only fell 0.05 percentage […]

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