The Springs Scoop

Rising Home Price- The Housing Market is Heating up and causing increased demand for labor and materials.

Wells Fargo Home Mortgage Building Times Bulletin Wells Fargo Home Mortgage National Builder Division Building TimesSM Bulletin June 2013 IN THIS ISSUE Overcoming housing’s growing pains Turn your customers into advocates Make the most of your banking relationship Overcoming housing’s growing pains An improving economy calls for new strategies as builders bump up production. The pace of housing recovery is …

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Exciting News! New Plans Coming to Parkwood!

It’s a New Year at Covington Homes! And excitement is growing about Parkwood at Wolf Ranch!! New Homes starting in the mid $200K’s. Parkwood (aptly named after the private central park in the community) is luxury, low-maintenance living, in one of Colorado Springs most sought after neighborhoods- Wolf Ranch. Voted “Best of the Springs” two years in a row, Wolf …

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Colorado Springs Macro Economic Analysis

The Colorado Springs Housing Market has followed the National Economic trends with slowdowns in all housing indicators the past several years. However, there is evidence that the local Housing Market and the National Housing Market has begun reversing the trend that we have seen since 2008. The Colorado Springs Economic Forum (September 28, 2012) reports that the rate of unemployment in …

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