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Colorado Springs Foreclosure listings in the Southwest area as of 5-6-09

Homes in Colorado Springs  

Market information for Active and Foreclosure Homes in Southwest As of 5-4-09

For a FREE list of Foreclosure Homes, Email KTorline@msn.com.    Search for Homes in SouthWest Colorado Springs

Neighborhoods:  Homes in  Cheyenne Meadows, Stratmoor Village, Skyway, Broadmoor, Broadmoor Bluffs, Quail Ridge

southwest-2009-market-update

Active homes for sale, INCLJUDING FORECLOSURES

  • Short sales:  24 (5.3%)
  • VA Owned:  1 (.2%)
  • Bank-owned:  15 (3.3%)
  • Normal:   412 (90.9%)
  • Government Owned:  1 (.2%)

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Diamonds in the rough near the Broadmoor

 Luxury Foreclosures near the Broadmoor

Search for Luxury Foreclosures in Colorado Springs

I previewed a variety of interesting bank foreclosures last week in Southwest Colorado Springs, including some homes in the Broadmoor area.broadmoor-glen-home

My tour for the week started at a wonderful home in Broadmoor Ridge priced at $269,900.   As I started to write this blog today I went back to check some of the info on the property, and it is now under contract.   I didn’t think it would last long on the market, as comparables in the area are going for $350,000 to $700,000.

oakhurstOur second home of day was another luxury foreclosure home in Broadmoor Hills on Oakhurst Lane that has structural damage.  The last time it sold in 1996 for over $500,000.   The property has amazing views from every window, a 2 story atrium, all  on a 1/2 acre lot.   Since the last sale in 1996 it looks like it has been listed and withdrawn 7 or 8 times; and it’s been foreclosed on 2 or 3 times.    Read the rest of this entry »

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