Tag: pikes peak housing network
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‘Housing mismatch’ improving in Colorado Springs, but residents losing purchasing power: Report
Residents in Colorado Springs and El Paso County are losing purchasing power as average rental housing and home prices over the last decade have increased more than two to three times that of average incomes. At the same time, a “housing mismatch” between the types of homes being built in the area and the homes…
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Colorado law lifts restrictions on unrelated people living in a dwelling — sparking concerns and celebration
A new Colorado law has lifted restrictions on how many unrelated people can live in one dwelling, causing concern and celebration among some Pikes Peak region officials and residents. House Bill 1007 went into effect July 1 and prohibits local governments from having restrictions on the number of people who can occupy a single dwelling,…
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Property tax bills are high in El Paso County, but leveling after last year’s unprecedented spike
For many El Paso County homeowners, opening the letter containing their 2023 property tax estimate was a blood-pressure-raising experience. “It really scared a lot of people,” said El Paso County Assessor Mark Flutcher. For good reason: The county’s biennial reappraisal process took into account the housing market from the last half of 2021 though the…
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Property tax relief coming in El Paso County? 2025 forecast offers a mixed bag.
For many El Paso County homeowners, opening the letter containing their 2023 property tax estimate was a blood-pressure-raising experience. “It really scared a lot of people,” said El Paso County Assessor Mark Flutcher. For good reason: The county’s biennial reappraisal process took into account the housing market from the last half of 2021 though the…
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New Pikes Peak Housing Network hopes to tackle Colorado Springs’ housing woes
Can anything be done to increase the supply of housing and expand affordable housing options in Colorado Springs and surrounding areas? The Pikes Peak Housing Network hopes to explore those problems — and find solutions. Community leaders, along with business and housing organizations, formed the nonprofit last summer to serve as a vehicle to study…