Posts Tagged ‘residential real estate’
Aloha…A Post- Vacation Perspective Just when you thought Colorado Springs was the only locality faced with environmental challenges (e.g., the Preble mouse), consider Kailua-Kona, Hawaii. The “Big Island” relies heavily on Highway 19 (which loops the entire island). Unfortunately, some parts of the highway narrow to two slow lanes near the coffee plantations. In an [...] [...]
It is the American dream – owning one’s own home, and over the years it provides a valuable tax deduction as well as a place to live. But if you are over 62, your home could be a source of income through what’s called a “reverse mortgage.” A reverse mortgage is a loan that allows [...] [...]
Up to 200,000 individuals and families could be eligible for home loans within the next five years because of a $35 billion investment plan by FannieMae, the nation’s largest source of financing for home mortgages. Called “The American Dream Commitment,” it is part of the Bush administration’s commitment to creating 5.5 million new homeowners by [...] [...]
Masterbilt Homes Introduces Fresh Concept Every once in a while a homebuilder steps outside the box and starts a completely new trend. Jack Weipking, president of Masterbilt Homes, certainly gets credit for taking a very large step in introducing the Pikes Peak region to Traditional Neighborhood Design (TND), which has evolved around the country as [...] [...]
Despite some of the lowest mortgage rates in decades, the single-family home market in Colorado Springs is slowing – but not as fast as was feared. Compared to 2001, year-to-date new single-family residential building permits are down almost 12 percent. That is a “markedly better performance than the 20 percent decline,” said Fred Crowley, economist [...] [...]
Recently Wells Fargo published findings indicating that in the past ten years, the average stockholder earned $23,000 in the stock market and the average homeowner earned $44,000 in home equity. An interesting observation… With mortgage rates at a 35-year low, the company says in 1998, rates were below 7 percent for a total of 17 [...] [...]
Thought I’d be a poet, So I found me a loft Went inside for a look see, Found my pocketbook’s too soft - Unknown The trend may have started in Greenwich Village, when Ginsberg, Kerouac, and Burroughs were eking out a living, making do with coldwater flats at the wrong end of a long voyage [...] [...]
Congratulations this week to the City of Fountain for its 2002 designations as one of the country’s top ten “All American Cities.” Mayor Ken Barela and City Manager, Greg Nyhoff, along with the Fountain City Council definitely get credit for raising the awareness, the commitment and the money (the national competition requires that a city [...] [...]
According to UCCS College of Business and Administration’s Southern Colorado Economic Forum Senior Economist Fred Crowley, Colorado Springs has begun to recover from a brief recession, but is trailing the national recovery by several months. He arrives at this conclusion in the Forum’s Quarterly Updates and Estimates. His analysis is based on measuring several key [...] [...]
Taa Dixon, a 1994 Colorado College grad with a flair for big-picture thinking, started 720 Media, a website design and strategic marketing firm in Colorado Springs. Two years later, her company has already developed an enviable list of premier marketing accounts. This rising star in the Pikes Peak region’s entrepreneurial skies heads a young team [...] [...]
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