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• Waldo cost to community: $200 Million and counting Play Video

  July 12, 2012 7:01 PM

  Already the most destructive wildfire in state history, the full cost of the Waldo Canyon Fire will take many months to calculate. However, just counting the 346 homes that were lost, economist Fred Crowley says this fire is already more pricey than the Hayman fire. "Without working at it... more »

• Las Animas to get boost from program at old Ft. Lyon prison

  March 16, 2012 1:22 PM

  Colorado Attorney General John Suthers and Governor John Hickenlooper have announced how $51 million from a recent multi-state settlement with bankers will be used. It includes funding for a program at the now closed Ft. Lyon Correctional Facility near Las Animas. "These funds will help keep Coloradans in their... more »

• UCCS record enrollment leaves some students scrambling for housing

  September 13, 2011 5:20 PM

  A record 9,321 of students have enrolled at the University of Colorado at Colorado Springs this fall, but that growth comes with challenges. Driving the increase is a record setting 1,352 member freshman class, students who typically need on campus housing. Roommates Jamar Anderson and Aaron McGlasson have settled... more »

• Housing values decline

  May 31, 2011 12:51 PM

  WASHINGTON (AP) - An index of home prices in the country's major metro areas has sunk to its lowest level since the housing bubble burst in late 2006. Prices fell from February to March in 18 of the metro areas tracked by the Standard & Poor's/Case-Shiller 20-city index. And prices... more »

• Partners in Housing fundraiser

  May 12, 2011 6:57 PM

  Partners in Housing in Colorado Springs is sponsoring a casino fund raising night. It's called "It's a Big Deal" Casino Night. Saturday May 14, 2011 6:00 p.m. VIP reception 7:00 p.m. Main Event Garden of the Gods Club 3320 Mesa Road ... more »

• Colorado Springs and Pueblo

  January 21, 2011 4:08 PM

  A cost of living survey shows it costs 7.2 percent less to live in Colorado Springs than the national average. The survey covers all over 2010. The survey comes from ACCRA , the American Chambers of Commerce Research Association. ACCRA Cost of Living Index for Colorado Springs (National... more »

• Builders glum on housing market despite uptick

  October 18, 2010 11:44 AM

  Builders are pessimistic about the housing market, but are seeing a little more foot traffic after the worst summer for home sales in a decade. The National Association of Home Builders says its monthly index of builders' sentiment rose in October to 16, the first increase in five months.... more »

• Fannie Mae offers housing aid to military families

  September 27, 2010 10:35 AM

  Mortgage giant Fannie Mae plans to give military families a break on their home loan payments if they are struggling because of the death or injury of a service member. The Washington-based company says it will reduce or suspend borrowers' monthly payments up to six months. Fannie Mae is... more »

• Foreclosure filings finally easing in Colorado

  August 5, 2010 1:19 PM

  Colorado housing officials say the number of new foreclosure filings in the state has reached its lowest point in more than a year. The Colorado Department of Local Affairs' Division of Housing said Thursday that there were 10,233 new filings in the second quarter. That's down nearly 16 percent... more »

• Consumer spending and personal incomes both weak

  August 3, 2010 9:00 AM

  The pace of consumer spending stalled in June and personal incomes failed to increase, further evidence that the economy slowed significantly in the spring. The Commerce Department say personal spending was unchanged in June, the third straight month of lackluster consumer demand. Incomes were flat as well, the weakest... more »

• HUD Secretary will tour Colorado green housing

  May 14, 2010 8:44 AM

  U.S Housing and Urban Development Secretary will join Colorado elected officials to tour public housing developments in Colorado. HUD Secretary Shaun Donovan will visit a sustainable mixed-income housing development in Denver Friday morning, which boasts use of solar and geothermal energy. He will be joined by U.S. Sen. Michael... more »

• Mortgage fraud incidents rise last year

  April 26, 2010 11:40 AM

  Incidents of residential mortgage fraud increased last year, a sign that scammers are still targeting the industry despite efforts to find and report such activity. A study released Monday by the LexisNexis Mortgage Asset Research Institute showed the number of mortgage fraud reports among loans made in 2009 grew 7... more »

• Schriever opens new community center

  March 22, 2010 6:51 PM

  Shriever Air Force Base celebrated the opening of a brand new community center on Monday. It's one of the finishing touches on a brand new housing community on base, the first of its kind. "In the quarter century that we've been here we've never had homes and we've never had... more »

• New housing market index slips

  March 15, 2010 1:11 PM

  The National Association of Home Builders says its housing market index slipped in March, as harsh winter weather and competition from foreclosed properties hurt builders' sales prospects. The Washington-based trade association said Monday its index slipped two points to 15, back to its January level. Readings below 50 indicate... more »

• 2 months after Haiti quake, housing still elusive

  March 13, 2010 9:46 AM

  Aid groups say they're ready to build but trash and sewage are piling up at the squalid tent camps of Haitian earthquake victims while the government has failed to relocate anyone. With torrential rains expected any day, authorities are not even close to providing the shelters they promised. Heavy rains... more »

• Government cracks down on loan modification scams

  February 4, 2010 1:31 PM

  The government is cracking down on companies that advertise help for troubled homeowners but often turn out to be scam artists. The Federal Trade Commission said Thursday it would propose to ban those foreclosure rescue services from collecting payment up front. Instead, they could only collect money if they... more »

• Housing market showing signs of improvement locally

  January 9, 2010 8:00 PM

  We've heard bad news about the real estate market nationally for a long time. Locally, there's a bright spot. Home sales on the Pikes Peak Multiple Listing Service were up 5 percent last year, and experts expect the same in 2010. Some are saying home sales are back... more »

• Obama looks at highways, small biz in jobs plan

  December 8, 2009 9:07 AM

  It's a broad pitch to get more Americans back to work. President Barack Obama is expected to unveil a plan today to help small businesses grow, improve bridges and highways and make homes energy-efficient. But White House press secretary Robert Gibbs told reporters yesterday, "The president is not going to... more »

• United Way announces help for unemployed

  November 24, 2009 6:11 PM

  The United Way of Pueblo County has doubled it's pot of money to help the recently unemployed. The board of trustees announced Tuesday that it had received a $30,000 grant from the David and Lucile Packard Foundation, raising their total matching funds for the 2009 campaign to $60,000. The... more »

• El Paso county's economy looking up

  November 23, 2009 10:37 PM

  El Paso County's economy is moving in the right direction, according to a quarterly study put together by the Southern Colorado Economic Forum. The study looks at 10 different factors to see how the economy is moving, everything from retail sales to employment to the housing industry. Seven of... more »

• Colorado foreclosures hit record in third quarter

  November 19, 2009 2:14 PM

  In spite of federal and state programs aimed at preventing foreclosures, and in spite declarations from the federal government that the recession is over--Colorado had a record number of new foreclosures in the third quarter, when new filings hit 12,468. The quarter ending Sept. 30 was the fourth consecutive quarter... more »

• Stimulus money used for housing in Colorado Springs

  November 14, 2009 8:14 PM

  Stimulus dollars are being used in a federal program to get foreclosed properties back on the market. The State of Colorado has around 35 million dollars to distribute for housing through the Neighborhood Stabilization Program. Just over 3 million dollars of that money is coming to Colorado Springs.... more »

• Foreclosures dip 3% in October from September

  November 12, 2009 8:48 AM

  A new report shows the number of homeowners on the brink of losing their homes fell last month. The RealtyTrac numbers show the third straight monthly decline. The drop comes as foreclosure prevention programs have been coming to the rescue of more borrowers. Even so, foreclosure filings are up 19... more »

• Home resales in the west post 5 percent annual gain

  October 24, 2009 9:02 AM

  Two new reports say home sales surged in the Western United States last month as many first-time homebuyers rushed to complete their deals before an $8,000 tax credit expires Nov. 30. The National Association of Realtors said Friday sales in the 13-state region rose 5 percent from September a year... more »

• Government home loan agency faces cash squeeze

  September 18, 2009 12:21 PM

  The Federal Housing Administration says its cash cushion will dip below mandated levels for the first time, but insists it won't need an immediate taxpayer rescue. The agency, a growing source of funds for first-time homebuyers, faces mounting concerns that it will soon need a taxpayer bailout as losses grow... more »

• Housing construction rises 1.5 percent in August

  September 17, 2009 9:07 AM

  The government says housing construction rose in August to the highest level in nine months as a big surge in apartment building offset a decline in single-family activity. The Commerce Department said Thursday that construction of new homes and apartments rose 1.5 percent to an annual rate of 598,000 units... more »