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Real Estate Briefs August 23, 2002

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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… Continue Reading Real Estate Briefs August 23, 2002

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Poet’s Lofts are ready for occupants

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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… Continue Reading Poet’s Lofts are ready for occupants

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Real Estate Briefs August 2, 2002

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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… Continue Reading Real Estate Briefs August 2, 2002

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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… Continue Reading Rising star applies e-technology tools to marketing

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Real Estate Briefs July 26, 2002

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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… Continue Reading Real Estate Briefs July 26, 2002

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Real Estate Briefs July 12, 2002

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High-end buyers are still snapping up executive home sites along the Front Range like crazy. In spite of a slow national economy, luxury communities like Stratton Preserve, Stratton Pines, Stratton Forest, The Spires, University Park, Pine Creek, Cedar Heights and The Broadmoor Resort Community, for example, are recovering nicely from the fall 2001 down market.… Continue Reading Real Estate Briefs July 12, 2002

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Construction Briefs June 28, 2002

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Big retail contributed big wads of money to local construction, according to permits filed with the Pikes Peak Regional Building Department. Wal-Mart pulled permits to build its nearly $9 million, 208,433-square-foot store at 1575 Space Center Dr. And Target pulled permits for a $1.7 million remodel of its store at 335 N. Academy Blvd. Colorado… Continue Reading Construction Briefs June 28, 2002

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A June 19 Colorado Office of State Planning and Budgeting economic forecast sees continued slowing in residential and nonresidential construction throughout this year and into 2003 — with a more dire look than previous forecasts. State economists reported residential construction down 9.4 percent in April from April 2001 and nonresidential construction, excluding public projects like… Continue Reading State forecasters see delayed construction recovery

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Colorado Spring’s FirTree Apartments at 3835 Radiant Dr. was the first property to receive certification in the Colorado Springs Police Department’s Crime Free Multi-Housing Program. Conducted in partnership with the Apartment Association of Colorado Springs, the program trains rental-property owners, apartment managers, leasing agents, maintenance staff and other personnel in how to stop illegal activities… Continue Reading Police, Apartment Assn. certify crime-free housing

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Last week I received notice (as did most RCIS members) from Andy Oyler at Grubb & Ellis Quantum Commercial of “wants and needs.” Don’t you love it? Even in a slowed commercial real estate market, there are always clients looking for a diamond in the rough or a good property in a key location. It… Continue Reading Colorado Springs Real Estate Transactions – June 21, 2002

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