There has been a lot of press these days about how new home construction needs to increase in Colorado Springs. While I personally agree, the reality is that people will start buying new homes more frequently when they no longer can find enough selection of existing homes. For that to happen, more people are going [...]
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The Banning Lewis Ranch, the largest development in the history of Colorado Springs, filed for Chapter 11 bankruptcy yesterday (10/28/10) according to the Colorado Springs Gazette. Chapter 11 is a reorganization, not a liquidation, and it is all of our hope that the company can work out the details in a way that keeps at [...] 1978 was a very good year, at least from an environmental standpoint. That was the year they quit using lead based paint in homes, fondly referred to as LBP by some of us in the business of selling houses. 2010 will be another important year, and April 22 may be one of those dates that [...] When it come to buying a home in Colorado Springs, some of the most often asked questions I get are about how we describe the size of a house. Because every area of the country tends to do things a little different, I thought I’d cover some of the common issues. When we measure a [...] Today I stopped out to Keller Homes in Cumbre Vista to see their new model and discuss a current transaction I’m working with them, and thought I would share a little about this great neighborhood. Cumbre Vista is a unique development on the east side of Briargate, very near the new St Francis Medical Center [...] We’ve had a pretty normal winter in some ways. Other than a cold start to the month, it has been pretty much in the 40′s, and very little snow, and lots of sunshine. We are finally due for another snow event on Sunday – Monday (maybe just in time for the Super Bowl?), so I’ve [...] The $8,000 First Time Home Buyer Tax Credit ($6500 for others who qualify) has created a little bit of a dilemma for Colorado Springs home builders (or for that matter, all builders, nationwide). With the housing recession not fully over, many have been either unwilling or unable to build a lot of inventory homes. After all, [...] 10 minutes north of the Colorado Springs Chapel Hills Mall is the town of Monument, and any discussion of living in Colorado Springs is not complete without it. Historically it has not been an area famous for affordable homes, especially new homes. This weekend however we wrote a contract to build a new home for one of my [...] Yesterday we set a new weather record here, with a 70 degree high temperature that made it feel like June instead of January. It won’t last of course, but this week of incredible warm, pleasant sunny days has been a nice little break in what can be a cold month. The ski areas are ready [...] The big news nationally is the inauguration, but locally in the Colorado Springs real estate community, the buzz is about John Laing homes closing up shop here in Colorado. New construction is obviously hurting all over the country, and it is no different here. John Laing has had 4 communities they were building in here [...] |
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