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Apartment rents soar in northern Colorado

Apartment rents soar in northern Colorado

Rents in Colorado rose statewide during the first quarter of 2014, with the statewide average rent hitting a new fourth-quarter high of $1,026. According to a report released this week by the Colorado Division of Housing, the average rent during the first quarter was up 8 percent from last year’s first-quarter average rent of $950,… Continue Reading Apartment rents soar in northern Colorado

State staff to laud Springs Rescue Mission

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State staff to laud Springs Rescue Mission

The Governor’s Office of Community Partnerships, the Colorado Division of Housing and Gov. John Hickenlooper’s chief of staff will visit the Springs Rescue Mission Tuesday to highlight its replication of the governor’s ‘One Congregation-One Family’ model as the Family Mentor Alliance. Working with nine area churches and service providers, the Family Mentor Alliance has helped… Continue Reading State staff to laud Springs Rescue Mission

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Average rent continues to rise in Springs

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Average apartment rent rose in the Colorado Springs metro for the 16th consecutive quarter (year over year) at the close of 2013, according to a report released Friday by the Colorado Division of Housing and the Apartment Association of Southern Colorado. The report indicated that the average rent for Springs residents rose $9 (or 1… Continue Reading Average rent continues to rise in Springs

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Paid-off home loans decline over last quarter

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Paid-off home loans decline over last quarter

The number of home loans paid off in Colorado was down 28.2 percent from the fourth quarter of 2012 to the fourth quarter of 2013, but comparing the full year of 2013 to 2012, the total was up 13 percent. According to a report released Wednesday by the Colorado Division of Housing, public trustees in Colorado… Continue Reading Paid-off home loans decline over last quarter

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As a young, single and freshly transplanted Coloradan, I’m no stranger to the woes of apartment hunting — as well as the dread of paying subsequent rent and utility bills. The Apartment Association of Southern Colorado released earlier this month its third-quarter “Colorado Springs Metro Area Apartment Vacancy and Rent Study,” which noted that our… Continue Reading Rent up, no vacancy: Young folks just want to move downtown

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Strategy: Create, plan, protect assets

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Strategy: Create, plan, protect assets

Standard & Poor’s 500 Index rises and falls akin to ocean waves, even occasionally crashing as breakers. The Nasdaq composite index and Dow Jones industrial average do much the same, although stock markets have been remarkably resilient lately, despite political turmoil. One characteristic stays certain — investing in one’s future remains necessary, regardless of market… Continue Reading Strategy: Create, plan, protect assets

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The Colorado Division of Housing reported last week that Colorado Springs average rental rate hit an all-time high in the second quarter of 2011 at $759 a month. But whether that’s really an all-time high and what that says about the market depends on whom you ask. Division of housing spokesman Ryan McMaken said median… Continue Reading Apartment vacancy rates prompt differing analysis

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Colorado Springs apartment vacancies on the rise

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Apartment vacancies in Colorado Springs increased to 6.6 percent for the third quarter of 2010, according to a Colorado Division of Housing Report released today. The rate is higher than the 5.8 percent reporter last quarter, but down in a year-over-year comparision from 8.7 percent in the third quarter of 2009. The report cited troop… Continue Reading Colorado Springs apartment vacancies on the rise

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Springs’ apartment vacancies at 8-year low

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Apartment vacancy rates in the Colorado Springs area fell to 6.9 percent during the first quarter of 2010, the lowest vacancy rate reported since 2001. The city’s overall vacancies were down from first and fourth quarters 2009, according to a report released today by the Apartment Association of Southern Colorado and the Colorado Department of Local… Continue Reading Springs’ apartment vacancies at 8-year low

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Affordable housing scarce in Colorado

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The Colorado Department of Local Affairs’ Division of Housing reported this week that there are twice as many low-income households as there are affordable rental units in Colorado. Housing units are deemed affordable if the household pays 30 percent or less of monthly income to rent. DOH analysts also found there are 49 rental units… Continue Reading Affordable housing scarce in Colorado

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