colorado springs foreclosures: Colorado Foreclosure Filings and Sales Continue to Fall
- 09/18/13 01:34 AM
The Colorado Division of Housing released their 2nd Quarter Foreclosure Report detailing the sales and filings of Colorado Foreclosures - and the data is great news for the state's housing market! Foreclosure filings are at 10 year lows and completed sales are even lower. The entire report is worth looking at here, but here are some of the highlights: Year-over-year foreclosure filings fell 49.9 percent Year-over-year completed foreclosures (sales) fell 29.8 percent Colorado Foreclosure Filings are at a 10 year low Foreclosure Sales are also at a 10 year low This graph highlights the improvement we have been seeing in the market: … (1 comments)
colorado springs foreclosures: Colorado Foreclosures Down 50% Year-Over-Year
- 08/15/13 02:37 AM
More good news for the Denver housing market as the number of Colorado Foreclosures dropped by 49.5% over the past year, This decline in Colorado Bank Owned homes is one of the major reasons that housing inventory has been struggling to keep up with demand over the past 9 months. If you are in the market as a buyer for Denver homes, then you know just how much this decline is affecting the market. From The Denver Business Journal: Colorado’s foreclosure-filing rate in July dropped 49.5 percent from July 2012 and 10.8 percent from June 2013, according to RealtyTrac’s monthly foreclosure report, … (0 comments)
colorado springs foreclosures: Rampart Meadows HUD Home - Great Deal!
- 08/09/13 06:47 AM
HUD has recently listed this great single family home in the Rampart Meadows Colorado Springs area. This great home offers 3 bedrooms, 2 baths and nearly 1,500 square feet. With a 2 car garage, great deck in the back yard and a formal dining room, this is a great deal at just $170,000. Rampart Meadows is located just east of Rampart Park off of Lexington Dr north of Woodmen Rd allowing easy access to I-25. With Cottonwood Creek Park nearby, this is a great area and, as with most Colorado Springs Homes, we expect to see this home move quickly. If … (0 comments)
colorado springs foreclosures: Colorado Springs Homes Selling at Record Pace
- 07/18/13 09:07 AM
The market for Colorado Springs homes is hot! In fact, the average days on market for a home in the Colorado Springs area is lower than it has been since 2006 (62 days on market). The most desirable homes are selling in days - not months or weeks, and much of this is due to the incredibly low inventory of available homes (roughly half of what was on the market just 3 years ago). The data comes from an article posted this week in the Colorado Springs Business Journal: As of June 30, single-family homes spent an average of 62 days … (0 comments)
colorado springs foreclosures: Colorado Springs Foreclosures: 2 HUD Listings to See
- 07/03/13 08:29 AM
The number of available Colorado Springs foreclosures has continued to decrease over the past several months. With city wide inventory levels dropping, the competition for these foreclosures has continued to heat up and most homes are receiving multiple bids. Colorado Springs HUD homes allow buyers a 10 day period to view the home and submit bids. After those initial 10 days, HUD will accept the "best" bid and move forward. If there is not bid that HUD accepts, these homes go into a 24 hour bidding period where bids are accepted each day. This holiday weekend, there are two HUD homes … (0 comments)
colorado springs foreclosures: Village at Springs Ranch Colorado Springs - New HUD Listing
- 06/27/13 07:49 AM
Located just south of Sandstone Park off of Peterson Rd you'll find the Village at Springs Ranch Condos. Smaller condos in the complex start in the low $100's, but the larger, townhome style units can reach the low $200's. It is one of these larger units that was just listed by HUD for only $155,000! This home offers a great deal for anyone looking at Colorado Springs condos. While it does need some work, the upside potential for this home is big and the complex itself is hard to match. The clubhouse offers an exercise room, theater room, pool and spa. … (1 comments)
colorado springs foreclosures: 50% Decrease in Colorado Foreclosure Filings
- 06/19/13 08:12 AM
Some very positive news came out today from the Colorado Division of Housing regarding Colorado Bank Owned homes. Foreclosure filings for May of 2013 were half of what they were in May of 2012. On top of that, auction sales of Colorado foreclosures fell by nearly 25% as well. This marks the lowest level for foreclosure filings in Colorado since 2007 and mirrors what our team has been experiencing across the front range as we struggle to find homes for our buyers. From The Denver Business Journal: New foreclosure filings in Colorado's urban counties dropped in May to less than half … (1 comments)
colorado springs foreclosures: Huge Drop in Colorado Foreclosures and Filings!
- 05/16/13 02:08 AM
The market for Colorado bank owned homes is shrinking in a big way. The latest numbers from the Colorado Division of Housing are out showing a 41% drop in statewide foreclosure filings and a 30% drop in completed foreclosures. These numbers are big and represent the rapidly shifting state wide housing market. We've seen the numbers for Denver foreclosures and Colorado Springs foreclosures declining, but we were not expecting numbers this dramatic. Rising home values and the improved short sale processes have all contributed to helping at risk homeowners sell their homes with less trouble. We'll see what the second quarter holds. … (0 comments)
colorado springs foreclosures: New HUD Listing in Vista Grande Terrace Colorado Springs
- 04/23/13 06:53 AM
The neighborhood in and around Vista Grande Terrace Colorado Springs is a fantastic community. With several parks within walking distance (George Fellow Park, Tomah Park, Fremont Park and more) along with great schools, the area is very popular with buyers. HUD has just released a 3 bedroom, 1,702 square foot home in the neighborhoods priced at just $145,000. The home has a large backyard, great layout and plenty of space. With a little TLC, you can make it a home to be proud of. If you are interested in seeing it, call us before the initial bid period expires at 719-641-4209. … (0 comments)
colorado springs foreclosures: Market for Colorado Springs Homes Heats Up
- 04/18/13 06:41 AM
We've been talking for months about the lack of inventory in the Denver metro market causing a fast moving, Seller's market. It appears from the latest market reports (and anecdotal evidence) that the market for Colorado Springs Homes is starting to catch up. This week, the Colorado Springs Business Journal took notice: The Colorado Springs residential real estate market has more than just rebounded. It’s on fire. “This is probably the best market for selling a house in 12 years,” said Prudential Rocky Mountain Realtor Sylvia Jennings. And she’s not the only one with that kind of news. Local real estate … (1 comments)
colorado springs foreclosures: Colorado Springs Foreclosures - 2 Great HUD Opportunities
- 04/11/13 05:35 AM
With the market for Colorado Springs homes picking up, our team is actively looking several times a day to make sure we're finding the best Colorado Springs Foreclosures as soon as they hit the market. With the highly competitive market, making our clients aware of the best deals the day they hit the market- especially from HUD - can make all the difference. Today we want to highlight two homes that HUD has released. The first listing is in The Glen at Widefield Colorado Springs Neighborhood. This popular area is located in south Colorado Springs just east of Big Johnson Reservoir … (0 comments)
colorado springs foreclosures: New Builds in Colorado Springs Heat Up - Permits up 33% Year Over Year
- 04/03/13 04:32 AM
As the market for Colorado Springs homes heats up, the number of permits for Single Family homes continues to rise. March marks the 15th straight month that the number of permits has increased and shows a nearly 33% increase from March of 2012. From The Gazette: Single-family building permits issued to area homebuilders in Colorado Springs and El Paso County totaled 227 in March, a nearly one-third increase over the same month last year, according to a Pikes Peak Regional Building Department report Monday. Permits now have increased for 15 straight months on a year-over-year basis. For the first quarter of … (1 comments)
colorado springs foreclosures: New Foreclosure Listing in Holland Park Colorado Springs
- 04/01/13 06:35 AM
Located off of Centennial Blvd just south of Garden of the Gods Rd, the Holland Park neighborhood offers homes in the high $100's to the low $200's. Offering easy access to I-25 and an easy commute for those who need to travel to Denver frequently, homes in this neighborhood can sell quickly. With the number of Colorado Springs foreclosures and HUD growing smaller by the day, we were excited to see this new listing come up in the Holland Park area. With over 1.500 square feet, 4 bedrooms, 3 baths vaulted ceilings and a fireplace, this home just needs a little TLC … (0 comments)
colorado springs foreclosures: Colorado Foreclosure Shadow Inventory Falling
- 03/27/13 06:43 AM
It's the million dollar question: "How many Foreclosures are the banks waiting to list?" It's a question we are asked constantly, and the problem is that most answers are anecdotal or sourced from just one asset manager or bank contact at a time. Few actual data studies are done on the subject, so when we see any report detailing the "shadow inventory" of Denver foreclosures or Colorado Springs foreclosures, we pay attention. Yesterday, The Colorado Springs Business Journal reported on a study done by CoreLogic and the news for Colorado was terrific. According to their data, the amount of shadow inventory … (0 comments)
colorado springs foreclosures: Sunrise Ridge Colorado Springs: Just Listed HUD Home!
- 03/27/13 04:15 AM
The Colorado Springs foreclosures on the market are moving fast - especially the larger homes in the most sought after neighborhoods. The Sunrise Ridge Colorado Springs area is one of those neighborhoods. HUD just released a large, 2,098 square foot home in the neighborhood and it is priced at just $155,000. While the home does need some work, (flooring, paint etc) the potential for this home is HUGE. In addition to the finished 2,000+ square feet, there is an unfinished walkout basement. Make sure you see this home today as it will not last long.
Sunrise Ridge Colorado Springs:
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colorado springs foreclosures: Sand Creek Homes in Colorado Springs - New HUD listing Available
- 03/18/13 04:13 AM
THe competition for Colorado Springs Foreclosures is heating up. Our clients looking in the area are seeing many HUD homes selling faster than they have over the past few months. That is why were are trying to get the word out quickly when the best deals hit the market. This new listing in the Sand Creek Homes Colorado Springs neighborhood was recently listed by HUD, and at just $175,000, this 5 bedroom home is a fantastic opportunity for the right buyer. With over 2,600 square feet, this large home provides an open family room and kitchen, ample counter space (with an … (0 comments)
colorado springs foreclosures: Just Listed HUD in Gatehouse Village at Briargate
- 03/15/13 06:15 AM
Located in the northern area of Colorado Springs, Gatehouse Village at Briargate provides easy commutes to the Air Force Academy, and easy access for those frequently commuting to Castle Rock or Denver. HUD just released a new listing in the neighborhood, and it is an incredible deal. This great home offers over 3,200 square feet with 4 bedrooms, 3 baths, an office, wood floors and an unfinished basement - all for just $230,000! Homes in this neighborhood typically list for the high $200's or low 4300's, so this will sell quickly. If you are looking at Colorado Springs homes, this one needs … (0 comments)
colorado springs foreclosures: Colorado Springs Housing Market Sees Shift
- 03/07/13 01:26 AM
It's been happening for several months now in the Denver market, but it looks like the shift from a Buyers' Market to a Sellers' market is happening for Colorado Springs Homes as well. We are starting to see a much lower inventory of homes on the market and this scarcity is causing buyers to move quicker and be willing to pay a higher price for homes in the Colorado Springs area. Fox21 has a good article on this: After years of being a buyer's market in Colorado Springs experts say the tables are turning. Over the last six months the market … (1 comments)
colorado springs foreclosures: Competition for Colorado Springs Foreclosures Gets Tougher
- 02/27/13 04:23 AM
The market for Colorado Springs foreclosures is seeing increased competition - this time from out of state investors according to the Colorado Springs Business Journal. While this increased activity is happening at the local sales level (prior to a home being listed to the general public), the increase in sales is having a negative effect on the overall inventory. We've seen the foreclosure market tighten up over the past year and it remains to be seen just how this increased competition will impact the overall market for Colorado Springs Foreclosures. Some Key Bits from the Colorado Springs Business Journal: Local investors are … (0 comments)
colorado springs foreclosures: Colorado Springs HUD Home - Just Listed in Claremont Ranch
- 02/25/13 04:12 AM
We've had several calls on some of the Colorado Springs foreclosures that just hit the market this weekend. One of the best deals we have come across is this new HUD listing in Claremont Ranch. This large, 3 bedroom, 2 story home sits on a large corner lot and has over 2,200 square feet. With walk in closets, a master bedroom suite, 2 car attached garage and covered front porch, this home is a tremendous value at just $150,000. The Claremont Ranch neighborhood is located just off of Marksheffel Rd, west of Jimmy Camp Creek Park. This popular area offers easy … (0 comments)
News for Denver Colorado Homes and the surrounding metro areas. We focus on Bankowned homes, Single Family homes, Condos and Townhomes Residential property. Areas of expertise include: Highlands Ranch, Littleton, Parker, Centennial. Englewood, Roxborough, Aurora, Arvada, Westminster, Thornton and the Denver Tech Center.
The Colorado Division of Housing released their 2nd Quarter Foreclosure Report detailing the sales and filings of Colorado Foreclosures - and the data is great news for the state's housing market! Foreclosure filings are at 10 year lows and completed sales are even lower.
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