Category Archives: Colorado Springs

Family mortgages are growing in popularity. When parents of grown children are looking to earn greater interest on their investment money and simultaneously their grown children are looking to buy a house at a lower interest rate, an intrafamily loan … Continue reading →

An unidentified medical device manufacturer is considering construction of a facility on Colorado Springs’ far north side that could employ more than 500 people.  The company is looking to initially build 137,000 square feet of office and manufacturing space on nearly … Continue reading →

Colorado Springs, Colo. Metro population: 645,613 Residents ages 20-29: 15.1% Cost-of-living score: 91.8 Monthly rent: $802 Starting salary: $42,300 Read More:

The Colorado Springs housing market, like many other communities around the  country, has taken its lumps in recent years: falling home prices, rising  numbers of foreclosures and a construction slowdown. But the city’s housing market will stage a turnaround in … Continue reading →

Colorado tied for third in the nation for its concentration of high-tech workers.  Colorado had 156,900 high-tech workers in 2010, and its high-tech payroll of $14.2 billion ranked 12th nationwide.  The average tech worker in Colorado earned $90,800 in 2010, … Continue reading →

What are the best cities for twenty-somethings?  AOL Real Estate News recently revealed its top picks, factoring in affordability, employment opportunities, cost of living, social activities, and places with the highest percentage of 20-29 year olds.  Colorado Springs made the … Continue reading →

AreaVibes scored the liveability of more than 20,000 cities and neighborhoods across America and has created a list of the best 100 places to live.  Colorado Springs made the list at #9.  The scores were calculated using ten factors: cost of … Continue reading →

The average rate for a 30-year fixed loan dropped to 4.12 percent in the week ended today from 4.22 percent, Freddie Mac said in a statement today. That’s the lowest in the McLean, Virginia-based company’s records dating back to 1971. … Continue reading →

Consumer spending grew in July by 0.8 percent, the largest amount in five months.  That followed a decline in June and helped ease fears that the U.S. economy is on the verge of another recession.  Consumer spending is important because … Continue reading →

Demand for rental units has increased so much that it’s now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities.  According to real estate web site Trulia, buying was cheaper than renting in 74% … Continue reading →