Tag: home construction
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Homebuilding rose last year in Colorado Springs, but the housing market faces challenges in 2025
Colorado Springs-area home construction rebounded in 2024 from the previous year, though one local builder labeled last year’s activity as just so-so, while uncertainty about mortgage rates and Trump administration policies on tariffs and immigration could pose challenges for the industry in 2025. Building permits issued for the construction of single-family, detached homes mostly in…
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Colorado Springs’ housing market slogs through tough 2023; optimism grows for 2024 rebound
Year-end numbers underscore what many homebuilders and real estate agents already knew: 2023 was a tough year for the Colorado Springs-area housing market. “We expected a downturn in 2023, but the downturn was quite a bit more than we anticipated,” said Ed Gonzalez, executive vice president of Campbell Homes, one of the Springs’ oldest locally…
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Colorado Springs builders tout new, urban-style homes as more affordable alternative
Facebook Twitter WhatsApp SMS Email Print Copy article link Save There’s no place like home. But finding an affordable place to live these days remains one of the biggest challenges faced by Colorado Springs buyers. Prices for local resale homes, which climbed to $450,000 in June, have set record highs each of the last five…
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Colorado Springs builders tout new, urban-style homes as more affordable alternative
There’s no place like home. But finding an affordable place to live these days remains one of the biggest challenges faced by Colorado Springs buyers. Prices for local resale homes, which climbed to $450,000 in June, have set record highs each of the last five months. New home prices have skyrocketed, as well; spiking lumber,…
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Colorado Springs home construction bounces back after brief skid
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The pace of Colorado Springs-area home construction rebounded last month after a slowdown in May, a sign that the new home market continues to benefit from strong demand being fueled by a variety of factors. The Pikes Peak Regional Building Department issued 382 permits in…
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Colorado Springs home construction bounces back after brief skid
The pace of Colorado Springs-area home construction rebounded last month after a slowdown in May, a sign that the new home market continues to benefit from strong demand being fueled by a variety of factors. The Pikes Peak Regional Building Department issued 382 permits in June for the construction of single-family homes in El Paso…