Luczak Group - The Blog

Information for happenings in the Real Estate Market in the Pikes Peak Region... and some things we just find interesting!

Colorado Springs Area Information

Colorado Springs home sales poised to break another record

Colorado Springs-area home sales surged again last month, remaining on track for a record year. A total of 1,431 single-family homes were sold in October in the Springs area, up 13 percent over the same time last year, the latest Pikes Peak Association of Realtors' market report said. Last month was the best October on record for sales, and homes sold in an average of 29 days - nine days faster than a year ago. Continue reading ...

Colorado Springs Area Information

Study: Springs zip code ranks 7th top housing market in U.S.

COLORADO SPRINGS, Colo. - If you're looking to buy a home, the real estate market in Northeast Colorado Springs is on fire. A new report from '' ranks a Springs' zip code seventh on the list of top housing markets in the U.S. The - 80922 - zip code consists of homes and businesses between Stetson Hills Blvd. and Constitution Ave. next to Powers Blvd. Continue reading ...

Colorado Springs Area Information

Second verse, same as the first: Colorado Springs home sales, prices hit another record high

By: Rich Laden April 7, 2017 Area home sales climbed and prices hit another record high last month as Colorado Springs' hot housing market lived up to its recent ranking as the nation's seventh-best. Single-family home sales totaled 1,247 in March, 6.4 percent higher than the same month last year, according to a Pikes Peak Association of Realtors report. Sales had dipped in February, but otherwise have risen on a year-over-year basis each month since summer 2014. Continue reading ...

Colorado Springs Area Information

ON UNSOLID GROUND: City Council unanimously passes new landslide law for Colorado Springs

By: Billie Stanton Anleu
March 14, 2017
The Colorado Springs City Council passed a new landslides ordinance Tuesday in a 9-0 vote - the exact opposite of the Planning Commission's unanimous vote rejecting the proposed law. The stunning victory came as sweet relief for Councilmen Don Knight and Tom Strand, who worked on the ordinance since May, meeting eight times with stakeholders ranging from the Colorado Geological Survey to the local Housing & Building Association, and from geotechnical engineers to developers and people living in landslide zones
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Colorado Springs Area Information

Foreclosures hit 15-year Low

El Paso County saw fewer foreclosures last year than it has in recent history — a statistic that bodes well for the health of the local economy, but makes the Colorado Springs real estate market a more challenging one for investors. There were 1,287 foreclosure filings in El Paso County in 2016, according to records from the office of Public Trustee Tom Mowle. That number is a 12.4 percent drop from 2015 and is the smallest total number of annual foreclosures seen in El Paso County since 1,165 were filed in 2001. Continue reading ...

Colorado Springs Area Information

Appliance, electronics chain Conn's plans fall opening in Colorado Springs

Texas-based Conn's Inc., an appliance, electronics and furniture chain that caters to consumers with credit problems, plans to open in Colorado Springs this fall. The retailer expects to open as early as October in a former Circuit City store, southeast of Academy Boulevard and Platte Avenue on the Springs' east side, said Mike Poppe, Conn's chief operating officer. The building has been vacant since Circuit City went out of business in 2009. Continue reading ...