CSBJ Daily

Colorado Attorney General John Suthers this week confirmed the indictment of 10 people for mortgage real estate fraud.
Those indicted are mostly from the Denver metro area and include a real estate broker, a mortgage broker, an administrative assistant, a buyer and several income property investors, all operating as a group […]

The Associated Press
WASHINGTON _ After falling for six straight months, sales of existing homes posted an unexpected increase during February which may have reflected more aggressive price cutting by sellers in some parts of the country, a real estate trade group reported.
The National Association of Realtors said that sales of existing […]

Historic Briarhurst Manor
The venerable Briarhurst Manor, one of Manitou Springs’ most enduring landmarks will soon pass to a new owner.
The 5-acre property that includes a caretaker’s cottage, and the business itself is on the block for $7 million, said Keller Williams’ Broker Tammila Wright.
Owner Ken Healy is retiring and wants […]

If the El Paso County Assessor’s warranty deed records of December 31 and February 25 are any indication, USA Cycling is here to stay.
On New Year’s Eve a 1.91-acre property at 5935 Delmonico Drive was deeded to USA Cycling at a sales price of $0 by a member […]

The National Association of Realtors sees a continued drop in median home prices, new home starts and resales in 2008.
For 2008, the forecast report released this week also anticipates a 31.1 percent drop in single-family housing starts, a 6.1 percent decline in new-home prices, a rise in housing affordability and a dip […]

Both supply and demand for commercial real estate loans, a source of funds for office, retail, warehouse and hotel construction, appear to be shrinking. That opinion, from a February Commercial Mortgage Alert, and shared by many in the construction industry, is based on the results of a January Federal Reserve Senior […]

Home prices in 20 U.S. metropolitan areas fell in December by the most on record, a private survey showed.
The S&P/Case-Shiller home-price index dropped 9.1 percent from December 2006, after a 7.7 percent decrease in November. Nationwide, home prices fell 8.9 percent in the fourth quarter from a year earlier, the biggest […]

Home prices fell in the fourth quarter in the majority of U.S. metropolitan areas surveyed by the National Association of Realtors, according to a report issued today.
The median sale price of a U.S. home dropped 5.8 percent to $206,200 in the last three months of 2007 from $219,000 during the […]

One country’s distress may be another’s opportunity.
While the U.S. real estate market has seen double-digit price decreases along some parts of the west coast, Florida or Las Vegas, European investors are keeping an eye on prime American real estate.
One new Colorado luxury project, for example, recently made its way to […]

The commercial office real estate market seems to have leveled off after a busy 2007, which means an increase in rental rates.
Steve Bach of Bach Real Estate Partners reports that metro office leasing and absorption are both down as of 2007 year end, compared to 2006.
The real vacancy rate, in […]