News
First Time Homebuyer Tax Credit Extended Into 2010!
November 11, 2009 by jjensen · Leave a Comment
First Time Homebuyer Tax Credit Extended Into 2010!
Plus…A New Tax Credit for Certain Existing Home Owners!
It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30, 2009.
In addition to extending the tax [...]
Legislative Alert from Nat’l Assoc of Mortgage Brokers on Homebuyer Tax Credit
November 11, 2009 by jjensen · Leave a Comment
November 5, 2009
Earlier today the House of Representatives passed legislation to extend and expand the $8,000 first-time homebuyer tax credit, which was approved by the Senate this week. The legislation will be sent to the President, and upon his signature, made law. NAMB strongly advocated for an extension and expansion of the homebuyer tax credit, and considers this a victory [...]
Springs Ranks 41st Among nation’s biggest 100 cities
June 22, 2009 by kcolgin · Leave a Comment
Colorado Springs’ economic performance amid the recession ranks No. 41 of the 100 largest U.S. cites, according to a Brookings Institution study about the economic downturn’s impact on urban America.
Denver ranked No. 39.
In its “Metro Monitor” report, released this week, the Brookings Institute assessed how the recession has affected big-city employment, wages, gross metropolitan product, [...]
Road construction work in the area
June 1, 2009 by kcolgin · Leave a Comment
A roundup of major road construction in the Pikes Peak area:
Academy Boulevard and Airport Road: Water main work on Academy Boulevard at Airport Road. Traffic on Academy Boulevard will be restricted to two through lanes in each direction. Businesses and residential access will remain open during the roadwork.
Northbound I-25 between Rockrimmon Boulevard and N. Nevada [...]
Today is the last day to appeal property values set by assessor
June 1, 2009 by kcolgin · Leave a Comment
Today is the last day to appeal your property value resulting from the 2008 reappraisal.
The El Paso County Assessor’s Office reports fewer appeals have been filed than expected, which is surprising because the reappraisal resulted in a good number of homes being valued higher than the previous reappraisal despite a plunge in values during the [...]
El Paso County’s population flirts with 600,000 mark
May 28, 2009 by kcolgin · Leave a Comment
El Paso County’s population climbed 1.7 percent from 2007 to last year, hitting an estimated 596,053 people, according to data released today by the U.S. Census Bureau.
The county’s mix of racial and ethnic minorities stayed roughly the same. The two largest minorities, blacks and Hispanics, make up 7 percent and 13 percent of the population, [...]
Economists React: Shift from ‘End of the World’ to ‘Regular Slump’
May 26, 2009 by kcolgin · Leave a Comment
The following article contains economists and others weighing in on the jump in consumer confidence.
The index level is almost now back to where it was last summer, which was just before panic and paralysis set in and the index fell off a cliff to levels never before recorded. With the recovery in the index over [...]
Sizzle and Smoke – The Best of Barbeque
May 12, 2009 by kcolgin · Leave a Comment
Americans are passionate about their barbeque – make no mistake about it. But not all barbeque is created equal. Southerners swear by their smoked pork while Californians crave their grilled tri-tip roasts. But whether it’s slow roasted or grilled, smoked or sauced, barbeque is the perfect food to bring people together.
So if you’re looking for [...]
Pending Home Sales Rise, Housing Affordability Near Record
May 12, 2009 by kcolgin · Leave a Comment
Washington, May 04, 2009
Pending home sales rose with many first-time buyers taking advantage of historically good housing affordability conditions, according to the National Association of Realtors®.
The Pending Home Sales Index,1 a forward-looking indicator based on contracts signed in March, increased 3.2 percent to 84.6 from a level of 82.0 in February, and is 1.1 percent [...]
Jobs: Finally a Little Less Doom
May 6, 2009 by kcolgin · Leave a Comment
ADP says there were 31% fewer private sector job losses in April, while outplacement firm says pace of layoffs slows.
NEW YORK (CNNMoney.com) — The pace of U.S. job losses may be slowing, according to two private reports released Wednesday.
Automatic Data Processing, a payroll-processing firm, said private-sector employment decreased by 491,000 in April, a 31% improvement [...]
