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Tag Archive | "real estate"

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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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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Investors buy two properties at auction

Wednesday, August 8, 2012

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Investors bought two of the 37 properties that sold in the El Paso County Public Trustee’s foreclosure sale Aug. 8. All of the others sold back to the lenders. T.P.I. paid $75,100 for a 858-square-foot ranch home built in 1965 at 1403 Maxwell St. (80906). That was more than lender Bank of America’s initial bid […]

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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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Empire Title partners with national short sale company

Tuesday, July 17, 2012

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Empire Title of Colorado Springs announced a partnership with Summit Mitigation earlier this summer. The partnership will allow the title company to help clients work through the short sale process more easily, according to a press release from Empire. Empire has a short sale subsidiary, Short Sale Solutions. “We were kind of on the forefront […]

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Colorado Engineering prepares to expand with new building

Tuesday, July 3, 2012

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A local engineering firm purchased a building on the north end of town with plans to expand and hire. Colorado Engineering Inc., through its subsidiary Law Land Company, purchased 1915 Jamboree Drive, a 39,000-square-foot flex building near the Chapel Hills Mall. National American University currently occupies about 10,000 square feet in the building, said Mike […]

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Investors buy 4 properties at foreclosure auction

Thursday, June 14, 2012

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Investors bought four of the 30 properties that sold in the El Paso County Public Trustee’s foreclosure auction Wednesday. The others sold to the lenders. Cornerstone Investment Partners paid $285,000 for a 2,438-square foot two-story home built in 2005 at 3174 Summer Rain Trail (80908). That was slightly over lender GMAC Mortgage’s initial bid of […]

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