RSS

Tag Archive | "real estate"

Report: Foreclosures drop in Colorado Springs

Tuesday, January 29, 2013

Comments Off

Foreclosure rates in Colorado Springs fell year-over-year in November, according to data from real estate analysis firm CoreLogic. Among outstanding mortgages in the city, 1.11 percent were in some state of foreclosure in November. That’s down from 1.47 percent a year ago, according to the report. The foreclosure rate in Colorado Springs was much lower […]

Continue reading...

Trustee: Market returning to normal

Monday, December 3, 2012

Comments Off

Deed releases and new foreclosure filings are back to historically “normal” levels, according to El Paso County Public Trustee Tom Mowle. His office only processed 212 new foreclosure starts in November. That’s the lowest monthly total since December 2006. “We have been expecting this drop for some time now,” Mowle writes in his monthly report, […]

Continue reading...

Quantum Commercial announces three new business leases

Wednesday, November 28, 2012

Comments Off

Quantum Commercial Group has negotiated three new commercial leases in recent months. Mountaintop Dermatology leased 2,05 square feet in the Rogers & Platt Dental Building at 2465 Research Parkway (80920). Susan Beitel, an agent with Quantum, represented the building owner. Roger Hernandez, an agent with Carr Heath Care Realty represented the tenant. Team Select Home […]

Continue reading...

Investors buy 8 properties at foreclosure sale

Wednesday, November 14, 2012

Comments Off

Investors bought eight of the 41 properties that sold in the El Paso County Public Trustee’s foreclosure sale Wednesday, Nov. 14. The rest were sold back to the lenders. Rocky Mountain Metropolitan paid $164,546.88 for a 1,836-square-foot two story home built in 2000 at 10040 Litchfield St. (Peyton, 80831). That was just $50 more than […]

Continue reading...

Real estate prices on the rise in Springs

Wednesday, November 7, 2012

Comments Off

Real estate prices in Colorado Springs climbed 4.4 percent year over year in September. That was including the sale of distressed properties, which are those that sell in a short sale or some stage of foreclosure. Without distressed properties, prices increased 4.2 percent, according to a report from CoreLogic, a real estate analytics firm. Home […]

Continue reading...

National foreclosure inventory falls again

Wednesday, October 31, 2012

Comments Off

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 […]

Continue reading...

Investors buy 3 properties at foreclosure

Thursday, October 25, 2012

Comments Off

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 […]

Continue reading...

New title company opens in Springs

Monday, October 22, 2012

Comments Off

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 […]

Continue reading...

CoreLogic: Real estate prices continue to rise

Tuesday, October 2, 2012

Comments Off

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 […]

Continue reading...

Investors buy 5 properties

Thursday, September 6, 2012

Comments Off

Investors bought five of the 28 properties that sold in the El Paso County Public Trustee foreclosure sale Wednesday, Sept. 5. The others were sold to the original lenders. Alan McMullen paid $214,600 for a 2,073-square-foot two-story home built in 1996 at 1416 Heidi Ln. (80907). That was more than lender The Bank of New […]

Continue reading...