Category Archives: Colorado Springs

Mortgage rates fall to new lows again

Average rates for 30-year and 15-year fixed mortgages fell to fresh lows this week. Cheap mortgage rates have made home-buying and refinancing more affordable than ever for those who can qualify. The average rate on 30-year loans ticked down to … Continue reading

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Expectations rising for housing market’s spring season

The spring home-selling season could be the strongest in years and may foreshadow which markets will lead the housing industry in recovery, economists say.  While last year was dismal for existing home sales, this year is looking better.  Existing home … Continue reading

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Home buying much cheaper than renting

It’s the eternal question in real estate: Should I buy or rent?  The answer has never been clearer: Buy.  In 98 of the top 100 housing markets, buying a home is more affordable than renting, according to the online real … Continue reading

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The Overlook at Wolf Ranch is Participating in the Wolf Ranch STAY-cation Giveaway!

List of Prizes for March Giveaway: 1. Pikes Peak Cog Railway certificate for $100 2. Colorado State Park Pass Annual Pass ($70-$100) 3. Cheyenne Mountain Zoo certificate for $100 4. Cave of the Winds certificate for $100 5. Sky Sox $100 … Continue reading

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Local Home Construction Off to Solid Start in 2012

Single-family homebuilding permits, which measure local construction activity,  totaled 110 in February in Colorado Springs and El Paso County, according to a  report released Thursday by the Pikes Peak Regional Building Department. That’s  up nearly 70 percent  from the 65 … Continue reading

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New-Home Inventory Shrinks to Record Lows

Inventory of new homes on the market shrank to its lowest point on record in January, marking a 5.6-month supply at the current sales pace.  With fewer homes available, the price of new homes increased slightly last month. The median … Continue reading

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Colorado Springs is Second Safest City in U.S.

A study by InsuranceProviders.com lists Colorado Springs as the second safest city in the U.S., based on crime rates, natural disaster risk and span of time between car accidents per capita. Arizona and Colorado account for five of the 10 … Continue reading

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Rising Rents Make Home Buying a Better Choice

Housing affordability has been pushed to a 40-year high thanks to fallen home prices and record-low mortgage rates have.  Meanwhile, rental prices are continuing to rise at a fast pace.  Rental prices in 20 of the largest metro areas increased … Continue reading

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Home Price Index Holding On in Colorado Springs

Home prices in Colorado Springs are stronger than the national average, according to data released today from real estate analytics firm CoreLogic. Read Article:

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Supply of Homes on Market Falls to Nearly 7-Year Low

The number of single-family homes listed for sale last month in the Colorado Springs area fell to its lowest point in nearly seven years, while sales rose and prices fell — continuing recent trends in the local housing market. Home … Continue reading

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