Thursday, January 10, 2013

Housing News Digest, January 10

Local home sales post best year since 2007 Increased single-family home sales and rising prices last month capped off the best performance for the Colorado Springs-area re-sale market in five years, a Pikes Peak Association of Realtors report shows. Home sales totaled 702 in December, a 7.8 percent increase over the same month last year, the association’s report showed. For all of 2012, sales totaled 9,146 — the most since 9,995 in 2007

  Douglas County housing director takes Peace Corps post And when Bonnie Osborn assumes her duties in Southeast Asia as a Peace Corps volunteer, she will do so with the hope that she can make a difference in the world and the awareness that she'll never be the same again. Osborn came to Douglas County in 2008 as the executive director of the Douglas County Housing Partnership, following her six-year stint as executive director of the Summit County Housing Authority.

  Suthers: Hotline necessary to decrease number of Colorado foreclosures Since its inception in 2006, more than 165,000 calls were logged by the Colorado foreclosure hotline — a resource for helping Colorado homeowners avoid foreclosure. And Thursday, Colorado Attorney General John Suthers said that the work of the hotline is more important than ever "if we plan to continue the trajectory of decreasing the rate of Colorado foreclosures and educating homeowners about their options early in the foreclosure process.

  Plenty of Positives in Northern Colorado Economic Forecast Many of the findings will be presented at their annual economic forecast Thursday. A team of reporters consulted with experts in eight main industries: Real estate, health care, banking, tourism, technology, agribusiness, renewable energy, and oil and gas. For the most part the outlook for the coming year is positive, says NCBR publisher Jeff Nuttall -- depending on the field.

  Woodland Park awakens from development slumber The earth is moving in Woodland Park — and it feels good. Construction crews are working on the west end of town, erecting two new stores — O’Reilly Auto Parts and Family Dollar — near the Country Lodge. Central Woodland Park is seeing the first phase of a downtown makeover with Woodland Hardware and Rental breaking ground this month. And crews farther west are nearly half-complete on a massive Bible school campus expected to attract 1,000 students