Author: By Rich Laden [email protected]
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Colorado Springs will again be a top housing market in 2022, forecast says
Colorado Springs, which boasted the nation’s most popular ZIP code this year for single-family home sales, also will have one of the country’s hottest areas for housing in 2022. A forecast released this week by Realtor.com, the California-based online real estate service, estimates that the Springs will have the 15th best housing market next year…
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Colorado Springs home construction slows as builders wrestle with supply, material and labor shortages
The pace of Colorado Springs-area home construction fell in November for the fourth straight month, a likely byproduct of builders who’ve slowed production because they lack materials and supplies and don’t have enough workers. “Product availability and labor,” said Chad Thurber, president of local builder Vantage Homes and incoming board president of the Housing &…
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Third-quarter home prices jump by nearly 25% in Colorado Springs, report shows
Colorado Springs’ soaring home prices show no signs of slowing and continue to rise at one of the fastest clips in the nation. Local prices spiked by 24% in the third quarter when compared with the same period last year, according to a report released Tuesday by the Federal Housing Finance Agency, which collects sales data…
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Average Colorado Springs home prices spike to another record high; will the trend change?
Average home prices soared to a record high last month in the Colorado Springs area, as demand for housing remained strong and the inventory of properties for sale continued to be historically low. The average price of single-family and patio homes that were sold in October jumped to $510,180, eclipsing the record of $502,961 set…
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Torchy’s Tacos set for debut in Colorado Springs
Torchy’s Tacos, the fast-casual, Austin, Texas,-based chain that boasts it sells “damn good tacos,” opens its first Colorado Springs restaurant Wednesday at 1358 InterQuest Parkway in the north side InterQuest Marketplace shopping center. The restaurant will operate from 10 a.m. to 10 p.m. daily. Whataburger launches construction of first Colorado Springs restaurant The Springs location…
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Downtown Colorado Springs project would add restaurants and pricey condos to North Tejon
A Colorado Springs development company that remodeled downtown’s Trolley Building into restaurants and bars on South Tejon Street now plans eateries and luxury condominiums along North Tejon, where units could sell for upward of $1 million. The project would continue a residential and commercial building boom in the Springs’ downtown over the last five years,…
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Red-hot Colorado Springs housing market may be cooling ‘a little bit’
The Colorado Springs-area housing market remained hot in August, though there are signs that it might cooling slightly. A new Pikes Peak Association of Realtors report shows 1,870 single-family and patio homes were sold in August, which Gazette historical data indicate was second only to the record of 1,978 sales in July 2020. Historically low…
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Krispy Kreme getting closer to Colorado Springs return
Krispy Kreme Doughnuts has firmed up plans to return to Colorado Springs after a more than 15-year absence. WKS Restaurant Group, a California-based franchisee for Krispy Kreme and five additional restaurant brands, paid $1.8 million last week for a shuttered Village Inn at 5790 S. Carefree Circle on the city’s northeast side, El Paso County land…
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Whataburger targets more locations as part of its Colorado Springs expansion
Whataburger hasn’t yet started construction on its first Colorado Springs restaurant, but it’s already cooking up two more locations. After BurgerWorks, a franchisee for the Texas-based-chain, submitted a proposal to city government planners to build a Whataburger northeast of InterQuest Parkway and Federal Drive on the city’s far north side, Whataburger confirmed in late March…
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Weidner Field expected to drive big economic development in downtown Colorado Springs
Weidner Field, Colorado Springs’ new multiuse stadium, debuts this week with expectations that it will help fuel a downtown development boom. At one point, though, it was close to being a downtown bust. In February 2017, Springs Mayor John Suthers declared a downtown sports and event center — an earlier version of Weidner Field —…




