Springs Houses 03/09/13

RealEstate

FINANCING YOUR NEW HOME HAS NEVER BEEN EASIER!

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Saturday, March 9, 2013

719.323.6190 | www.VIPMortgageCS.com 7660 Goddard Street, Suite 100, Colorado Springs, CO 80920

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FACEBOOK.COM/SPRINGSHOUSES

@SPRINGSHOUSES

V.I.P. Mortgage, Inc. does Business in Accordance With Federal Fair Lending Laws V.I.P. NMLS 145502 | BK 0909074 REGULATED BY THE COLORADO DIVISION OF REAL ESTATE

TExT GAzETTEOH TO 52732

PAID ADVERTISEMENT

spotlight: Campbell Homes

a new place your family can’t wait to call home

BY LESLIE MASSEY ■ SPRINGSHOUSES.COM

There’s nothing quite like the feeling of walking into a new home, built with your preferences to produce the best atmosphere for your family.

Other advantages to purchasing new construction also include less maintenance and less worry, which means a savings of both time and money giving you more time to enjoy your new home with family and friends. Furthermore, energy efficient materials and technologies create homes that generate a more comfortable living environment.

Campbell Homes offers high performance, energy efficient homes starting in the mid 200s and with five neighborhoods to choose from, everyone is sure to find what they’re looking for.

Building here since 1965, Campbell Homes is the oldest locally owned home builder in Colorado Springs. As natives of the community, Campbell Homes cares profoundly about the community as well as the industry.

Campbell homes brings together efficient floor plans with beautiful and innovative designs in

Colorado Springs most popular communities.

Their vision is doing things the right way from the beginning; designing the best plans, using topquality materials and having the best craftsman on every project.

Because of their enduring commitment to service, their frequent contributions to the community and their dedication to the housing industry, Campbell Homes has been named “Builder of the Year” three times by the Housing and Building Association of Colorado Springs.

Campbell Homes’ history for on-time home deliveries is commendable and something buyers value when buying with them. In fact, Campbell Homes will put their money where their mouth is and guarantee the delivery date, (the day you write your contract), or they will pay you $100 for each day they are delayed. Campbell Homes is proud to proclaim they have never had to pay up!

Campbell Homes are located in premier locations that offer the best schools and premium learning opportunities in Colorado

opEn housE CampbEll homEs

saturday: 10:00 a.m. – 5:00 p.m. sunday: noon – 6:00 p.m. indigo ranch 6290 Silver Nugget Drive 719-550-8360

Cordera

meridian ranch

4883 Steamboat Lake Court 719-282-9250

12495 Handles Peak Way 719-495-6147

falcon hills

the gables

9064 Rockingham Drive 719-494-8010

12495 Handles Peak Way 719-495-6147

Springs. Neighborhoods are centrally located to provide quick commutes to downtown Colorado Springs and Denver as well as shopping, dining, and entertainment amenities to enhance your lifestyle.

Indigo Ranch, situated among rolling hills displaying beautiful views of the Rocky Mountains, is one of Colorado Springs most

popular new home communities. Excellent prices in an excellent neighborhood allows everyone to find their dream home. Located along Powers Blvd, Indigo Ranch provides easy access to major employers as well as military bases including Peterson Air Force Base, Schriever Air Force Base, and the United States Air Force Academy.

Amenities such as Villa Sport Athletic Club, the CONTINUED ON PAGE 2

fEaturEd homE of thE wEEk Home sites that start at half acre

9064 Rockingham Drive | $399,900 Neighborhood: Falcon Hills Hours: 10 a.m. – 5 p.m. Saturday, Noon – 6 p.m. Sunday Directions: Going East on Woodmen Road left on Meridian Road, left on Stapleton Drive, second right on Towner Ave. then first left on Londonderry Drive, left on Carrington Drive then first right onto Rockingham Drive.

Contact: Campbell Homes at Falcon Hills: 719-494-8010

Gorgeous Model Home in Falcon Hills! Enjoy our popular ranch plan, the Heritage, on a spacious corner home site in Falcon Hills. This home comes with plenty of upgraded features including a large island in the kitchen, bay window in the dining room, finished basement, and fully landscaped exterior.

opEn housE of thE wEEk skyway park ranch home

1218 Milky Way | $245,000 Neighborhood: Southwest Hours: 1 - 4 p.m. Sunday, March 10 Directions: From South 8th Street go West on Arcturas. West on Skyway Blvd. Turn right on Venus. Turn right on Milky Way.

Awesome “rancher” on a great over half-acre lot. The home backs to open space. Two decks, hardwood floors, views, District 12 schools, five-bedrooms, over 2,440 square feet of living space and two decks are just a few of the homes features. The vinyl siding makes the home easy to maintain.

Contact: Alan Lovitt, Re/Max Advantage 719-338-0004

THERE'S SOMETHING FOR EVERYONE IN FLYING HORSE. NEW HOMES FROM THE UPPER $200

S

Patio Homes | Single Family Homes | Custom Homes & Homesites

www.FlyingHorseColorado.com

*Pricing and availability subject to change.

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The Gazette · springshouses.com

Saturday, March 9, 2013

Investors starting young as housing market heats up

BY PAuL oWERS ■ Sun SEnTInEL

spotlight: Campbell Homes Imax Theater, shopping and restaurants are all within a short drive. Indigo Ranch is all about the right location for convenience and lifestyle.

Campbell Homes at Cordera is conveniently situated in award-winning Academy School District 20, and a mere 40 minutes from Denver and 20 minutes from downtown Colorado Springs. Located on the northern boundary of Colorado Springs, at the intersection of Powers Blvd. and Briargate Pkwy., Cordera is a community designed around getting outside and enjoying the amazing community amenities including sixty-five acres of themed parks, open spaces and trails, and an 8000 sq. ft. community center with outdoor swimming pool.

The Falcon Hills community, just minutes from Colorado Springs, is located on the north eastern boundary of El Paso County, just north of Woodmen Rd. and Meridian Rd. In Falcon Hills you’ll find homes designed with you and your family in mind — wide-open spaces and panoramic views of the Pikes Peak Region allow you to spread your roots on home sites that start at half acres. With home sites so big, you can choose to build any of the homes offered by Campbell Homes and have plenty of room for RV storage. Falcon Hills is the ideal neighborhood for the homeowner who has toys and wants to store them too.

Meridian Ranch has over one third of the community dedicated to lifestyle and home

ConTInuED FRoM PAGE 1

sites up to two acres, Meridian Ranch is one of Colorado Springs most sought after master planned communities. Just north of Woodmen Rd. and Meridian Rd., Meridian Ranch is home to some of the best schools in Colorado Springs as well as the award winning Antler Creek Golf Course, a 30,000 sq. ft. recreation center with outdoor swimming pool, neighborhood parks, and miles of paved hiking and biking trails.

At The Gables, when you’re home, you know it. Campbell Homes new homes in the Gables come with plenty of clean air, breathing room, open spaces and panoramic views of the Pikes Peak Region, and half-acre home sites. Located less than 10 minutes from the Woodmen Rd. and Powers Blvd. corridor and immediate accessibility to Hwy. 24, make commuting to shopping, major employers, area recreation and military installations a breeze.

Experiencing 90% referral and repeat business and nearly 100% satisfaction rating, from both buyers and realtors, Campbell Homes provides their families with a home that they can be proud of.

Come by a Campbell Homes model to see for yourself how affordable it is to own a new place your family can’t wait to call home. Campbell Homes commitment to quality you means a life with comfort and a life with style. For more information go to www.campbellhomes.com or call 719.266.9780. ■

At 28, Rob Lananna wants to make real estate investing a full-time gig.

Lananna is part of a group of professionals in their 20s and 30s trying to capitalize on the recovering housing market through buying and reselling homes.

“I really like what I do,” he said. “I like taking something that’s ugly and dirty and turning it into something that’s beautiful.”

Lananna recently completed his first deal, buying a bank-owned home in Boynton Beach, Fla., for $68,000, renovating it for $30,000 and reselling it within six months for $135,000.

He bought another house in West Palm Beach, Fla., for $60,000, put in $15,000 of work and listed it for $125,000.

David Dweck, founder of the Boca Real Estate Investment Club, said he’s seeing more young people join the group because of concerns about pursuing traditional careers in a stilllackluster economy.

“The same-old, same-old working 40 hours a week for 40 years is no longer the American way,” Dweck said. “People are starting to realize that real estate investment is viable.”

While rampant investor-led speculation fueled the housing bust of 2006 to 2011, today’s investors take a more cautious approach and add value to the properties before turning around and selling them, Dweck said. He encourages club members to “buy low, sell low” and not pay more than 65 percent of the value of the home after repairs.

But this buy-fix-sell model does require cash in hand, which disqualifies many young investors, Dweck said.

An investor should have enough money to buy the home, renovate it and carry it until it sells.

Lananna, an entrepreneur with a background in sales and recycling, recommends having at least $40,000 to $50,000.

Banks typically won’t lend money to investors looking to flip homes, so club members often turn to one of Dweck’s companies to provide financing. It offers short-term loans to investors, who make monthly payments and pay off the balances when the homes sell.

Mike Benton, 34, recently bought a house in Pompano Beach, Fla., for $165,000. After $35,000 in renovations, he sold it for $249,000.

He said he and his business partner split about $22,000 profit.

Benton said they also bought and resold a Margate, Fla., house, netting about $12,000.

“I’m putting in surround sound, tiki huts — something that will stand out to clients,” Benton said. one of the biggest challenges in today’s market is finding homes to buy, amid a lack of inventory and strong competition from large investment companies. Individual investors bid at online foreclosure auctions and also use relationships with real estate agents and other industry professionals to find properties for sale.

“In a seller’s market, there’s only so many ways to acquire homes,” Benton said. “If we bid on 10 houses, we may get one.”

Lananna said he spends about 15 hours a week looking at properties to buy.

“I just try to be the first one out there and beat everyone to the punch,” he said. “I’d like to think (the investment firms) don’t have the same hunger and desire as I do because it’s not their own money.” ■

Single-family best with highest return-lowest risk

BY MICHELLE KASKE ■ BLooMBERG nEWS

The u.S. housing rebound is making local debt backed by homemortgage payments the safest place for municipal investors facing the prospects of tax changes and higher interest rates.

Since the 18-month recession ended in 2009, bonds sold by state housing agencies from California to Florida to finance single-family mortgages have delivered the best returns in the $3.7 trillion municipal market after adjusting for volatility.

Home prices rose the most in six years in December. For investors betting that a strengthening economy will push yields higher this year or that Congress will reduce munis’ taxexemption to shrink the federal deficit, housing-related local debt is proving a haven, according to data compiled

by Bank of America Merrill Lynch and Bloomberg.

“The recovery story in the housing market in general is doing a lot to drive” risk-adjusted returns for the debt, said John Hallacy, head of

muni research at Bank of America in new York. “There’s a sense that we’ve recovered a lot of ground, and if anything, people working in the housing industry would like to see more supply.”

Led by issuers such as the California Housing Finance Agency and Florida’s Housing Finance Corp., localities have about $66 billion of single-family munis outstanding, Bloomberg data show. Such bonds have earned about 21 percent when adjusted for price volatility since July 1, 2009, beating the 13 percent gain for the broader muni market, the data show. Treasuries have earned 4.3 percent by that measure.

Housing-finance agencies sell bonds to fund low-interest mortgages for first-time buyers earning less than the local median income. They have helped more than 2.6 million families buy homes, according to the Washingtonbased national Council of State Housing Agencies.

The home market is gaining momentum more than three years after

the longest recession since the 1930s.

Purchases of new homes jumped in January by the most in two decades.

Home prices in 20 u.S. cities rose 6.8 percent in the 12 months through December, the biggest annual gain since 2006, according to the S&P/ Case-Shiller index.

The housing securities will probably extend their performance as their higher relative yields will help shield investors from any increase in interest rates, said Michael Brilley, president of fixed income at Sit Investment Associates in Minneapolis.

Many investors anticipate interest rates will climb later this year or in early 2014. Yields on 30-year Treasuries will rise by about 0.4 percentage point to 3.53 percent in the second quarter of 2014, according to the median response of 48 analysts in a Bloomberg survey.

“If interest rates go up, they will not be as hard hit by price depreciation as other bonds,” Brilley, who helps manage $3 billion of munis, said in an

interview.

“As interest rates have come down and may now start going sideways to up, we’d rather own bonds like this that are more stable in price,” Brilley said. His firm directs 17 percent of its muni portfolio to single-family housing bonds.

Single-family munis tend to yield more than other local debt because investors want compensation for the risk that issuers may prepay the bonds as homeowners refinance or sell, said Blake Miller, portfolio manager at new York-based neuberger Berman Group LLC. The company oversees about $11 billion in local debt, including singlefamily munis.

The Georgia Housing & Finance Authority sold $149.4 million of taxexempt single-family housing bonds last month rated AAA, Standard & Poor’s top grade, Bloomberg data show. Debt due in 2043, the longest maturity, priced to yield about 3.9 percent, or about 0.9 percentage point above benchmark munis.

While investors favor the securities, agencies are issuing less because borrowers are turning to banks or other financing sources as mortgage rates are close to the lowest in at least 40 years. The average rate for a 30-year fixed mortgage was 3.51 percent in the week ending Feb. 28, near a record low of 3.31 percent set in november, according to Freddie Mac data.

Local housing authorities sold $4.9 billion of munis to finance single-family mortgages in 2012, the least since 1995, Bloomberg data show.

Moody’s Investors Service has a negative outlook on the agencies in part because of the risk of loan delinquencies and foreclosures given the nation’s level of joblessness.

Housing agencies have sold $763.4 million of single-family revenue bonds this year as of March 5, data compiled by Bloomberg show. The Massachusetts Housing Finance Agency plans to offer $320 million of such debt this month, Bloomberg data show. ■

Saturday, March 9, 2013

The Gazette · springshouses.com

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Custom Building Lots N O T E W NE ARK M

PINONS OF TURKEY CANON RANCH 16164 Cala Rojo Dr $165,000 Tranquil 5 Acre Setting, Off Hwy 115, Views.

KISSING CAMELS ~ SIGNATURE PT One of 8 Patio Home Lots on Golf Course, Views, Select Your Own Builder.

KISSING CAMELS

PINECREST @ PINE CREEK

PINECREST @ PINE CREEK

2551 Chilson Lane $169,500 Mature Trees, Flat Bldg Lot, Quiet Street.

One of 6 Lots Starting at $180,000. Views, D20, close to hospitals. Lot Pictured $250,000.

9783 Pinedale Dr $225,000 Backs to Open Space, Sensational Views.

KISSING CAMELS 3850 Hill Circle $375,000

KISSING CAMELS 3739 Camelrock View $375,000

OLD BROADMOOR 51B Marland Road $739,900

Backs to Golf Course, Unobstructed Views.

½ Acre Lot, Quiet Cul-de-Sac, Gorgeous Views.

Once in a Lifetime Lot on 3.5 Acres, D12.

This Week’s Featured Homes

KISSING CAMELS 5210 Kissing Camels Dr E3

$240,000

Opportunity for one level living with 2 bedrooms and 2 baths on the main level with mountain views.

WESTERN HEIGHTS 624 Tierra Verde Ct

$339,000

Beautiful gardens, open floor plan, master suite with fireplace and walkout, spectacular city and mtn views.

BROADMOOR - SPRING RUN 3320 Springridge Circle $435,000 Great 2 story home with elevator, 5 bedrooms, 4 baths, updated kitchen with granite and fenced backyard.

N O T W E NE ARK M

KISSING CAMELS 1575 Camel Drivers Lane

$455,000

3 bedroom, 3 bath home offers main level master, 2 car oversized garage + room for golf cart, great views.

KISSING CAMELS 2561 Chilson Lane

$550,000

Fantastic 3,300 + sf home all on one level offering 3 bedrooms, 4 baths, neutral décor and mountain views.

KISSING CAMELS 3710 Cumulus View

$550,000

Terrific home features 4 bd, study, 4 baths, spacious open kitchen with fireplace, mountain views, nice yard.

N O T E W NE ARK M

KISSING CAMELS 1740 Coyote Point Dr

$585,000

This beautiful home features main floor master + study, 3 car garage & unfinished basement w/room to expand.

BROADMOOR RESORT 1076 Manor Gate Pt

$585,000

885 Rangely Dr

SUN HILLS

$689,000

THE SPIRES BROADMOOR 6010 Buttermere Drive $1,000,000

BROADMOOR RESORT 4790 Longwood Point $1,295,000

Picture perfect views from this beautiful 4 bedroom, 5 bath home, walkout lower level on 5 acres.

ST ANDREWS - COUNTRY CLUB 3225 Muirfield Drive $1,100,000

BRIDLE BIT RANCH 3895 Kakatosi Lane

$1,150,000

PINECREST@ PINE CREEK $1,439,000 9950 Highland Glen Place

STRATTON FOREST 2324 Stratton Woods View

$1,695,000

Absolutely the best of everything in this exquisite 4 bedroom custom home with breathtaking views.

Builder’s personal home built by CR Shea, custom craftsmanship on golf course with Front Range views.

OLD NORTH END 1624 Culebra Place

Former model. Downsizing? In gated community, 3 bd, private office, superb views, HOA maintenance.

SOLD KISSING CAMELS 3830 Hill Circle

SOLD

Gorgeous 9,600 sf custom home, fantastic outdoor areas, main level master, walkout lower level, 5+ acres.

Custom 6 bedroom home nestled in the trees with private setting, wonderful mountain/city views.

Elegant 4 bedroom home with lots of natural light, beautiful gardens, great outdoor areas, mountain views.

Situated on 1.7 acres in gated community, main level master suite and study, spectacular views.

Don’t Forget to Turn Your Clocks Forward March 10th!

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The Gazette · springshouses.com

Saturday, March 9, 2013

Downtown’s hip real estate office has a new name

Wayne Jennings

Sylvia Jennings

Colorado Springs, CO. — Name and reputation are keys to success. Which is why downtown’s most prominent real estate group, peakdream.com, is excited to announce it’s new affiliation with 2 other great names: Prudential Rocky Mountain, REALTORS and Warren Buffet’s new company, Berkshire Hathaway HomeServices ® , two of the most highly-respected companies in the world.

Debra Faricy

The new brand comes nearly 6 years to the day after the group made headlines for snapping up an historic building at 216 N. Tejon Street, across from Acacia Park, and turning it into a trendy, loftstyle real estate office. Investing in downtown was a bold move that paid off. Associates say the new brand is needed to take the office to the next level, and that the financial stability and integrity of

Marion Meyer

Lucas Jensen

Prudential is a perfect fit.

“Nothing is more important than our reputation and the trust we’ve earned from serving this community. These companies share our vision. It makes sense, and we think we can now offer our clients even more,” says Wayne Jennings, founder.

This new partnership gives Prudential Rocky Mountain, REALTORS, a presence in the heart

Dana Smith

of downtown, where 30,000 people come to work, dine and shop every day. The highly visible location is not only convenient, it frequently attracts home buyers and sellers looking for a realtor to get the job done.

By joining Prudential, the Peak Dream associates are now part of a five office network with a presence extending along Colorado’s Front Range from Fort Collins to Colorado

Barbara Stanley

Springs.

In 2011, the combined entity ranked in the TOP 50, out of over 1,500 Prudential offices, as one of the industry’s leading real estate brokerages. Prudential Rocky Mountain, REALTORS ® has been recognized as a premier company for high-end property sales, with a significant number of agents ranking in the top 10% for real estate sales. ■

Century Communities encourages prospective home buyers to take advantage of final opportunities to own a home in Barrington Heights

Barrington Heights

Foreclosure Tour

Sat., March 16, 12 noon - 3 pm Meet at Hyatt Place Hotel, I-25 & Rockrimmon exit 146

Seminar: Night before (Friday), 6-8pm at Hyatt RESERVATIONS REQUIRED

Kevin Cooter,

719-240-3300 www.kevincooter.com

KELLER WILLIAMS PERFORMANCE

Incredible, new town homes in a neighborly community are waiting to be discovered. Explore Barrington Heights by Century Communities today, and claim one of the few remaining homes ready for movein by spring of this year. Adjacent to Cottonwood Creek, Barrington Heights offers upscale home designs with scenic natural surroundings.

Only 2 creek-facing homes remain! In addition to the innovative floor plans and serenity provided by Cottonwood Creek, Barrington Heights offers easy access to I-25, Powers Boulevard, and several other main thoroughfares.

Also enjoy convenient proximity to schools, Cottonwood Creek Park, the Promenade Shops at Briargate, endless outdoor recreation, the US Air Force base, and much more. Visit today for what may be the final opportunity to experience upscale living in such a wonderful location.

Barrington Heights features highly functional floor plans with superior visual appeal. Selling for an incredible value, homes are currently available from the upper $100,000s and are sure to move quickly as home values continue to rise. Prospective home buyers who seize this opportunity will enjoy the architectural distinction and luxurious ambiance that Century Communities provides. There is no better opportunity for homeownership in such a desirable location than at Barrington Heights.

Visit today and experience the Century Communities difference. For over 13 years, the locally owned and operated builder has been helping Colorado homebuyers realize the dream of home ownership. Known for building quality homes in superior locations, Century Communities has quickly become a Top 5 Colorado Homebuilder and Top 100 National Homebuilder.

Hurry in and see for yourself that beyond building a house, Century Communities delivers a home.

Barrington Heights is located at 6568 High Knolls Grove, Colorado Springs, CO 80923. Take I-25 to exit 150 for Academy Boulevard and turn left onto North Academy Boulevard / S. Gate Boulevard. Take a left onto Dublin Boulevard. After you cross over Rangewood Drive, take your first right, and another right where you will find the Century Communities sales center.

The sales center is open Monday from 12 p.m. to 5 p.m., Tuesday through Saturday from 10 a.m. to 5 p.m. and Sunday from 11 a.m. to 5 p.m. For more information please visit www. centurycommunities.com, or call the friendly Jack Spiller at 719.528.5130. ■ *Prices, features and availability are subject to change without notice or obligation.

Saturday, March 9, 2013

The Gazette · springshouses.com

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Industry note:

Swonger receives Platinum Quality Service recognition Tina Swonger of RE/MAX Properties, Inc in Colorado Springs, CO was awarded the highest level of service achievement in the real estate industry, Quality Service Certified® Platinum.

The award is in recognition of earning 100% client service satisfaction in 2012, as measured

by Leading Research Corporation (LRC).

Quality Service Certified (QSC) status is the only award in the real estate industry based on independently validated, measurable service results. Clients of QSC agents receive a customer satisfaction survey at the end of each transaction. The surveys are administered and the results are compiled by LRC. Client feedback from the surveys becomes part of the agent’s credentials. An overall satisfaction rating is displayed on the consumer

websites (www.QualityService.org and www.

RatedAgent.com) where buyers and sellers have the ability to select a real estate professional based upon each agent’s validated record of service satisfaction.

“Nothing is more important to a prospective client in selecting a professional than the service results achieved with past clients,” says Larry D. Romito, President and CEO of QSC. He adds, “Consumers have greater confidence in service reliability, results and satisfaction with a Quality Service Certified real estate professional because they know that the agent’s service record has been validated by an independent third party. 100% service satisfaction record like Tina Swonger has achieved is just awesome.” ■

Included Features: Landscaping (select communities) Fencing (select communities) Appliance package Closing costs** (up to $10,000 with preferred lender)

And more!

enjoy outdoor living ...enjoy Colorado A great deal is as close as your own backyard!

D.R. Horton is making home buying oh-so-sweet with a beautiful backyard to enjoy. Take advantage of an early spring deal with a landscaping certicate! Visit us online to nd a quality D.R. Horton home near you.

Suzannah Mattson NMLS-408726

Branch Manager 719.237.5483 suzannah.mattson@cobaltmortgage.com

8610 Explorer Drive, Suite 140 | Colorado Springs, CO 80920 | 719.466.8700 © 2013 Cobalt Mortgage, Inc., 11255 Kirkland Way, Suite 100, Kirkland, WA 98033. Toll Free: (877) 220-4663; Fax: (425) 605-3199. NMLS Unique Identifier: 35653. Arizona Mortgage Banker License #0909801. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act #4130455. Licensed by the Colorado Department of Regulatory Agencies in Colorado state. Idaho Mortgage Broker/Lender License #MBL-5220. Indiana Mortgage Lending License #17900. Louisiana Residential Mortgage Lending License #35653. Montana Mortgage Lender License #35653. Nebraska Mortgage Banker License #35653. Nevada Mortgage Banker #3723, Nevada Mortgage Broker #3725. New Mexico Mortgage Loan Company License #03587. Ohio Mortgage Broker Act Mortgage Banker Exemption MBMB.850154.000. Oklahoma Mortgage Broker License #MB002202. Oregon Mortgage Lender License #ML-2991. Texas SML Mortgage Banker Registration.

Utah-DRE #8220471. Washington Consumer Loan License #520-CL-48866. Wyoming Mortgage Lender/Broker License #2315. Suzannah C. Mattson, NMLS-408726. Ticket #2013021310001821

www.cobaltmortgage.com/suzannahmattson

We offer all the mortgage options you’d expect from a large institution, but with the personal attention you appreciate when working with a local lender.

$2,500

in Backyard Landscaping!

Limited Time Offer

Buy a new D.R. Horton home between 2/16 - 3/17 and get a landscape certificate good for up to $2,500.*

*Offer valid on new D.R. Horton purchase agreements in Colorado written 2/16/13 thru 3/17/13, which close escrow. Buyer will receive a certifi cate for up to $2,500 in landscaping with a designated 3rd party company. Terms and conditions of such certifi cate may vary. Prices, included features, availability, and delivery dates are subject to change without notice. Furnishings not included. Exterior elevations shown may vary from actual built elevations. See Community Sales Manager for details. © D.R. Horton Inc. 2013. ** If buyer funds and closes with seller’s affiliated lender, DHI Mortgage Company Ltd., 9555 S. Kingston Ct, Ste. 100, Englewood, CO 80112, NMLS #133322. Company NMLS #14622. OR another seller “Preferred Lender,” seller shall pay buyer’s closing costs up to $10,000 of the purchase price. Buyer must contract by 3/17/13 on a D.R. Horton Colorado home to receive the incentive. This is not a commitment to lend; not all buyers will qualify. Buyer is not required to finance through DHI Mortgage or another seller “Preferred Lender” to purchase a home; however, buyer must use DHI Mortgage or another seller “Preferred Lender” to receive the incentive. Some restrictions apply. See sales agent for complete details including a list of all seller “Preferred Lenders.” Equal Housing Opportunity Lender. Regulated by the Division of Real Estate. Photos are representational only.” For information on DHI Mortgage licensing, please visit http://www.dhimortgage.com/other-pages/licensing/..

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The Gazette · springshouses.com

Saturday, March 9, 2013

PropertyTransactions This list was obtained from the El Paso County Assessor’s Office and covers sales recorded during the period of Jan. 7 – Jan. 13, 2012.

Each listing includes the buyer, address and sales price. For more information, e-mail RE@gazette.com.

80106

E Early 9870 Beryl Dr $206,000 • Randall Seeman 9882 Beryl Dr $213,100 • Casey W Steiner and Kelsey J Steiner 9721 Fleece Flower Way $219,400 • Bryon E Veach 9713 Fleece Flower Way $223,700 • Michael K Hayward and Peggy A Hayward 12248 Chimney Smoke Dr $226,000 • Darrell W Coffman and Amy L Coffman 11366 San Luis Peak Way $511,000

• Melissa Burns and Scott M Burns 12770 Mount Shasta Dr $390,000

80132

• Nikki D Upchurch 381 Raspberry Ln $146,000 • Heather L Temple and Michael E Temple 2184 Ranchero Dr $275,000

80133

• Kenneth W Cantrell 790 Sun Ridge Cir $249,000

80864

• Jonathan L Fagerholm and Tina M Fagerholm 33895 Bellemont Rd $33,900

80808

• Dustin W Barnes and Amy L Barnes 317 Cheyenne St $150,000

80903

• Jeffery S Fuller 424 S Cedar St $105,000 • Sarah Anne Fluett 705 S Institute St $143,000 • Matthew N Fedoruk 519 E Yampa St $348,500

80817

• Brian A Paulson 7207 Araia Dr $210,000 • Kyle Roger Peterson and Danielle Peterson 7913 Morton Dr $218,700 • Ryan C Martin 1875 Windover Ct $232,000 • Enio Aldo Rivera and Sonia P Rivera 716 Rye Ridge Rd $260,000 • Suzanne I Brown 10664 Darneal Dr $300,000 • Aarron M Himes and Jessica C Himes 9527 Wind River Ct $309,200

80904

• Deborah L Mcdavitt 2303 W Willamette Ave $116,000 • Michael J Hansen 927 N Eighteenth St $187,500 • Cort A Mukina 975 Marlstone Pl $225,000

80905

• Bethany Amanda Grubbs 811 Cheyenne Blvd $136,000 • Larry Ernest Dutton and Joy Ellen Dutton 521 Comanche Dr $225,000

80829

• Fernando Luis Diaz Jr and Jennifer Quinn Diaz 200 Crystal Park Rd $165,000

80906

80831

• Gloria Crossett and Christa Crossett 1112 Livingston Ave $92,900 • Adam Jay Joens and Sophia Elise Joens 1825 Tanager Way $128,000 • Stacie E Koskinen 1927 Mid Rd $230,000

• James B Jones and Carol A Jones 14830 Pamela Way $158,000 • William R Johnson and Karen E Johnson 3720 Prairie View Dr $180,000 • Stephen A Early and Stephanie

Closed volume of over $25,600,000 with 94 closed transactions in 2012

Bobbi Price Team

0s

• Past Recipient Realtor Sales Person of the Year • Platinum Legend Award Winner • Member Elite 25 • Top 1% Nationally Bobbi Price: 719-499-9451 Jade Edmisten: 719-201-6749 bobbiprice@aol.com www.bobbiprice.com

When yoU’re serioUs aboUt real estate

Under $150,000

2962 W. Whileaway Cr. Village 7 • $234,900

Land Under t ac Contr

851 S. Park St. Woodland Park • $29,900

1231 N. Cedar St. Golf Club • $244,900

870 Allison Mesa Vw. Centennial Ridge • $49,900

Land

Land 5535 Molly Ln. Black Forest • $250,000

1030 Allison Mesa Vw. Centennial Ridge • $49,900

Land 5610 Molly Ln. Black Forest • $250,000

710 Allison Mesa Vw. Centennial Ridge • $49,900

6150 Fescue Dr. Antelope Meadows • $259,900 Land 5570 Molly Ln. Black Forest • $275,000

Land

Land

Land Under t ac Contr

640 Misty Pines Ct. Woodland Park • $49,900

Land 5530 Molly Ln. Black Forest • $275,000

170 Wildrose Ct. Woodland Park • $59,900 Land

859 Loma Pt. Highland Oaks • $298,000

12255 Oregon Wagon Tr. The Trails • $64,900

Land

Land

Land

17815 Grama Ridge Rd. Walden III • $299,900

19965 Warriors Path Dr. Rivers Divide • $79,900 20470 Warriors Path Dr. Rivers Divide • $85,000

Under t aC Contr

4416 Chamberlin S. Stratmoor South • $124,900

4225 McPherson Ave. Maizeland Moors • $125,000

Land

6924 Ash Creek Hts. #101 Springs Ranch • $129,900

$301,000 - $500,000

6369 Confederate Ridge Rd. Indigo Ranch • $305,000 U 7055 Stallion Wy. C Stetson Hills • $329,900 nder aCt

ontr

1740 Arbor Wy. Cheyenne Canyon • $349,900 Under t ac Contr

11595 Grassland Rd. Peaceful Valley • $359,900 850 Oak Ridge Rd. Crystal Park • $385,000

$150,000 - $300,000

2808 Country Club Ct. Country Club • $399,900

3535 Walker Rd. Walden Pines • $150,000

Land

3555 Walker Rd. Walden Pines • $150,000 nder

U act 1710 Dixon Dr. Contr Palmer Heights • $159,900

1614 Tesla Dr. Treasure Hills • $179,900 Land 0 Duncan Ct. Maizeland Moors • $195,000 Land 5615 Molly Ln. Black Forest • $195,000

3859 Glenhurst St. Cheyenne Meadows • $198,000 Under t aC Contr

3509 Corbett Ln. Virginia Homes • $199,900

Under t aC Contr

24055 Dzuris Rd. Calhan • $199,900

st

Ju Listed 10903 Klondike Dr. Meridian Ranch • $399,900

3820 Stetson Ct. Templeton Gap Addition • $425,000 r Unde ct a Contr

220 Eagle Pine Dr. Eagle Pines • $429,900

625 Scrub Oak Rd. Crystal Park • $449,900 1956 Quadrangle Ct. University Bluffs • $489,500

$501,000 - $750,000

16710 Papago Wy. Cherry Creek Springs • $560,000 17310 Charter Pines Dr. Bent Tree II • $565,000

Land 5575 Molly Ln. Black Forest • $199,900

1440 Royal Crest Ct. Bent Tree • $625,000

5076 Peak Villa Hts. Peak View Villas • $202,000 2234 Patrician Wy. Highland Park • $205,000

Under t aC Contr

8650 Boxelder Dr. Meadow Ridge • $214,500 5828 New Crossings Pt. Harvest Ridge • $217,500 6120 Plowshare Ct. Stetson Hills • $219,900 Under t ac Contr

1521 W. Cucharras St. Old Colorado City • $225,000 2410 Flintridge Dr. Garden Ranch • $225,000

102 N Main St. Fountain • $525,000

ercial

Comm

5150 Lanagan St. Mountain Shadows • $639,000 1198 Red Rock Cr. Red Rocks At Beaver Creek • $650,000 1211 Woodland Valley Ranch Rd. Woodland Valley Ranch • $695,000

Under t ac Contr

JUst Listed

2275 Rocking Horse Ct. Flying Horse • $725,000

$751,000 - $1,000,000 124 Stargate Hts. Florissant • $850,000

4709 Chaparrel Rd. Saddleback Estates • $895,000

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• Debra A Arriaza 3925 Hickory Hill Dr $274,500 • Michele D Fujimoto and Raymond G Acciardi 677 Orchestra Dr $320,000 • Randy R Foltz and Jennifer L Foltz 2720 La Strada Grande Hts $328,000 • Jason D Unger and Danielle N Unger 5429 Campglen Dr $415,000 • Beth Cotter 2408 Hercules Dr $420,000 • Top Karen Lavaun Living Trust and Top Joel Robert Living Trust 840 Constellation Pl $548,500 • Troy M Herring and Carri J Herring 5850 Gladstone St $615,700

springshouses .com Marquette Dr $115,000 • Ricky D Montgomery 5155 Alton Dr $181,500 • Robert A Burkey 1025 Lindstrom Dr $228,000 • Christopher A Redding and Melanie L Redding 6045 Santo Domingo Rd $272,200

80915

• Larry D Davenport and Carolyn G Sparks 1242 Atoka Dr $130,000 • Susan A Bailey 1165 Chiricahua Dr $138,000 • Brian N Smith and Jennifer N Smith 1125 Hathaway Dr $172,000

80918

80908

80917

80910

• Fan Zhang 2109 Squawbush Ridge Grv $90,000

80911

• Matthew Peterson 517

80920

80921

• Kyle Trevor Buxton and Patricia Andrews 1919 N El Paso St $125,000 • Emmett M Tischmak 1167 Westmoreland Rd $215,000 • Ervin Bontrazer 3820 Stetson Ct $300,000 • Matthew M Davis 10 W Buena Ventura St $605,000

• Stephanie M Zander 1630 Keaton Ln $125,000 • Richard D Charlton 1611 Querida Dr $144,000 • William R Spahr and Karen L Spahr 2027 Winston Rd $167,000 • Nichole R Ruby and Gary R Garrett 622 Prairie Rd $214,500

• Andrew Charles Patrick Holder 2132 Silent Rain Dr $153,000 • James R Otoole and Leila Otoole 6880 Dauntless Ct $266,500

• Kristine Ann Palumbo 4010 Hopeful Dr $154,600

80916

80907

80909

80919

• Johan I Anderson and April L Anderson 8159 Brigantine Dr $179,900 • Troy M Umstead and AshleyMarie Umstead 7885 Chinook Ct $203,000 • Mark S Schaefer and Rachel A Schaefer 3753 Thundercloud Dr $224,900 • Michael R Garitano and Nicole D Garitano 4410 Laven Way $240,000 • Kimberly Renee Mashunkashey 3337 Birnamwood Dr $259,900 • Gary R Hapeman 4212 Purple Plum Way $315,000 • Xiaohui Zhou and Likun Shao 2740 Dristol Dr $355,000 • Barrett Paul Seal and Lindsay Ann Seal 3148 Deergrass Pl $450,000

• Scott Gewiss and Carol L Gewiss 2850 Ferber Dr $117,500 • Julian Groomes 4325 Wordsworth Cir N $160,000 • John H Graf and Vanessa M Graf 4450 Hollyridge Dr $164,000 • Juan Carlos Rodriguez and Sharon K Rodriguez 4197 Coolwater Dr $220,000

• Johnny M Kirby 9635 Thoroughbred Ln $180,000 • Patrick J Braker and Carol A Braker 3089 Ironton Creek Pt $279,000

• Brandon J Noffsinger 6873 Prince Dr $284,100 • Andrew T Lints and Jennifer A Lints 3635 Saddle Rock Rd $326,900

• Justin Zunino 5556 Dunbar Ct $106,500 • Jayson Cody Papenfus and Raylene Renee Papenfus 6083 Kingdom Vw $148,100 • Michael E Wylie and Anna F Wylie 5135 Mira Loma Cir $162,500 • Jeremy Case 2611 Lynbarton Pt $162,900 • Brandon Crenshaw 6482 Wicklow Cir W $166,000 • Miciah Worthwealth and Dorjehiel Worthwealth 6948 Prince Dr $235,000 • Robert S Glick 969 Pulpit Rock Cir N $243,000 • James B Hawes and Darcy J Hawes 1545 Rock Ridge Ct $252,000

• Mitchell A Breland and Olivia M Perez-Breland 923 Fire Rock Pl $251,700 • William J Block 972 Fire Rock Pl $279,800 • Mark D Lyman and Brenda S Lyman 13885 Overlook Pl $330,000 • Darlene F Edwards and Jerry M Edwards 13628 Paradise Villas Grv $390,000 • Greg G Barela and Alicia J Ontiveros 12621 Barossa Valley Rd $465,800 • Richard W Sevcik and Betty Charlene Sevcik 2195 Bent Creek Dr $774,300

80922

• Adam Schulle 5084 Laredo

Ridge Dr $178,000 • Judith K Ertel and John K Ertel 3875 Pioneer Creek Dr $208,000 • Michelle N Wood 3410 Cowhand Dr $222,000 • Jed D Reed and Renee S Reed 7494 Campstool Dr $255,000 • Mary P Bishop 4126 Slice Dr $258,000

80923

• Inocencio M Martinez and Maria Aurora Martinez 6451 Bluffmont Pt $201,500 • Jeffrey M Salgado and Kelly M Salgado 6276 Tenderfoot Dr $225,000

80924

• Christopher T Coleman 4801 Trinidad Lake Ct $346,400 • Daniel C Laforce and Janet Mclellan 9321 Sky King Dr $349,000 • Anthony M Harris and Gina S Harris 5833 Brave Eagle Dr $379,700 • Mark S Kloster and Amy E Kloster 5238 Monarch Crest Way $399,400 • Steaven Meyer and Marsha Meyer 5264 Imogene Pass Pl $417,200

80925

• Aaron M Holly and Charlene M Holly 7283 Dove Valley Pl $211,000 • Joshua A Porco 9575 Copper Canyon Ln $263,900

80927

• Brittany Dusch 7637 Buckeye Tree Ln $210,000 • Carrol M Anderson and Donna J Anderson 8225 Birch Tree Loop $298,300

80951

• Stephen Wayne Petrock and Amanda Marie Petrock 2055 Woodpark Dr $182,500 ■

Visit www.springshouses.com/ transactions.

Wired for growing old gracefully

BY JURA KONCIUS ■ THE WASHINGTON POST

Part of the fun of new home technology is using it to make daily living more comfortable and cool. The marketplace is growing with smart-house innovations, such as getting hot water from a refrigerator or instantly turning on a group of lights in your house.

Older Americans, and the people who care about them, want user-friendly homes full of convenience and safety. With wireless technology, more and more functions in the house can be controlled by remotes, keypads, smartphones or tablets. Home systems are being redesigned in ways that often can help people with arthritis or disabilities perform daily tasks more easily.

Eight out of 10 baby boomers say they want to stay in their homes and communities as long as possible, according to a 2012 AARP poll. “Our research shows people are not going to move,” says Nancy Thompson, an AARP spokeswoman.

Businesses such asiHome Integration in Virginia provide technology solutions to seniors and people with special needs.

Co-owner Justin Tsuchida says he installs motion, door and pressure sensors as well as cameras that can help families keep track of loved ones through a smartphone or computer.

Builders and remodelers are increasingly getting technology requests from consumers who are spending time at home shows or reading up on innovations for kitchens and bathrooms. According to Bill Owens, president of Owens Construction near Columbus, Ohio, and past chairman of the National Association of Home Builders Remodelers, buyers are looking for convenience and comfort but are turned off by labels such as “senior-specific” or “universal design.”

“Baby boomers are looking for mainstream convenience and comfort,” Owens says.

“They want to be jazzed by buying something new that is easy to use and has a wow factor.

The safety aspect is an added bonus for a lot of people.”

Here are a few products that harness some of the latest technology: GE CafE frEnCh Door rEfriGErator A new GE refrigerator has several seniorfriendly features, including a hot water dispenser for making tea. “This could be a

lifesaver for someone who does not use the stove as well,” says Amy Levner, manager of home and community for AARP, who spotted the model at the International Builders Show in January.

Other senior-friendly features: It has extra LED lights to illuminate drawers and shelves better and has a water-filtration system that removes 98 percent of five trace pharmaceuticals.

Price: $2,999, available in April.

MoEn’s ioDiGital showEr The ioDigital shower system by Moen can enhance showering safety for seniors. The consumer can set a precise temperature and flow for the shower, lock it in and press a button to activate it daily. The system is sold with four programmable presets. The technology prevents that morning scramble to adjust handles to avoid being scalded or frozen. “This product makes life easier, and it has a safety implication,” says Brad Crozier, a Moen senior product manager. “That is true whether you are a senior or a parent with children.”

Price: $800-$1,300 for digital valve, controller and showering components.

Versions for bathtubs ($1,200-$1,800) and more elaborate spa showers ($2,000$3,500) also available. lutron MaEstro wirElEss liGhtinG Control An unlit garden path can be dangerous for anyone getting home at night, senior or

not. With Maestro, you can pull into your driveway and push a button to have lights inside and outside your house turn on. The system is installed by replacing light switches or dimmers with those embedded with the Lutron radio frequency technology.

According to Melissa Andresko, Lutron’s spokeswoman, you can link up to nine dimmers (on/off switches are also available) to one remote control. “It’s good for both coming and going from your house,” says Andresko. “It is also good for people with limited mobility who use wheelchairs. The remote can be handy for turning lights on and off.”

Price: Maestro Wireless dimmer and Pico remote control package $130; additional dimmers or switches $88; additional remotes $56.

KohlEr sEnsatE touChlEss fauCEt The convenience of turning your kitchen faucet on or off without having to touch a lever or handle would be appreciated by anyone who loves to cook. If you are cutting chicken, you don’t need to touch the faucet with messy hands to turn on the water.

Sensate plugs into an outlet, so no crawling underneath the sink to replace batteries.

And there’s an added benefit for seniors who might have arthritis as waving your hand or a pot under a faucet to turn it on or off can be less painful than turning a handle.

Price: Available in chrome ($675) or vibrant stainless ($800). (The unit also works in a conventional way.) ■

Saturday, March 9, 2013

The Gazette · springshouses.com

7SH

“You can prevent damage to your home and furnishings, save money and avoid potential health problems by controlling moisture and eliminating mold growth.”

Mildew starts with few little spots, then spreads

BY CAROlE FElDMAN ■ ASSOCIATED PRESS

WASHINGTON — It may start with a couple of small dark spots on the grout where the shower stall meets the tiled wall. A few days later, they multiply.

Mildew.

“For most people it’s just kind of an ugly pain. Their bathroom gets these black stains,” said Ken Collier, editor-in-chief of The Family Handyman.

For others, though, “it’s an allergen, like cat hair, dog hair,” he said. If it’s not removed, it can result in respiratory problems or other allergy symptoms, according to the Centers for Disease Control and Prevention.

Mold and mildew, which the Federal Emergency Management Agency calls “mold in early stage,” can grow on a wide range of surfaces as long as moisture is present, and they can give

your house a musty smell.

“It’s an indication of dampness, like in bathrooms that are not ventilated very well,” said Kathie Birenbaum, who works in households at Strosniders Hardware Store in Bethesda, Md. “Molds can gradually destroy the things they grow on,” the Environmental Protection Agency says in a pamphlet for consumers on its website. “You can prevent damage to your home and furnishings, save money and avoid potential health problems by controlling moisture and eliminating mold growth.”

It’s important to do both — control the moisture and clean up the mold — to keep it from growing back, the EPA says.

Cleaning large areas — more than 10 square feet, the EPA says — might require a contractor trained in mold

removal. For smaller areas, it can be a do-it-yourself job.

Frequently, the bathroom is the first place that a homeowner or apartment dweller might notice mildew.

“A lot of people take a shower, get out of the shower” and go on their way, Collier said. “Basically, they’ve left all this water on the walls and floor of the shower and surprise, surprise, the bathroom is damp and you find mildew growing on the grout.”

Often, condensation — not a leak — is the source of the moisture, Collier said.

“The bathroom fan is a big part of keeping the moisture level down in the bathroom,” he said. “If there isn’t one, put one in. If there’s a small one, put in a bigger one or use it more.”

Opening the bathroom window also helps, as does more frequent cleaning,

according to the EPA. Collier also suggests using a squeegee to wipe down the shower walls.

There are many products available for cleaning mildew and mold, but homeowners also can mix their own. A bleach solution that CDC says should be “no more than 1 cup of bleach in 1 gallon of water” can be used to clean and kill mildew.

“For the typical homeowner, they would scrub it down really well with bleach water and then they should seal the grout, seal it once a year or so to keep it water tight,” Collier said.

Wear protective gloves while cleaning. The CDC also recommends protective eyewear.

If you can’t get rid of the mildew with bleach, you might have to dig out the grout and replace it, Collier said.

For those looking for an environmentally friendlier alternative to bleach, Collier said one of the products that mold experts recommend is Concrobium, which also can be used as a fog if a whole room is affected.

It’s not just bathrooms where you’ll find mold or mildew.

“Sometimes people find it in closets where there’s limited air circulation, and where maybe there’s a cool wall and it’s humid,” Collier said.

Or there could be condensation around heating ducts, and you’ll find a moldy patch on the ceiling.

Moisture from roof leaks also can lead to growth of mold and mildew.

If you paint over mildew, the paint likely will peel.

Birenbaum says there special primers that inhibit mold growth.

Mona Weingarten of

Washington, D.C., wasn’t aware that there was mold in her house. She didn’t see anything or smell anything.

But when one of the tiles on the bathroom floor became loose, she called a contractor to fix it and he discovered mold. Mold later was discovered elsewhere in her house.

Weingarten, who has severe allergies, developed a fungal infection in her sphenoid sinus and had to have surgery. After spending tens of thousands of dollars on remediation and related costs, she now has an environmental engineer test her house every six months and remove any mold spores.

She has the air filters in her heating and air conditioning system changed every three months, and a dehumidifier runs in her basement.

“It’s not something you want to repeat,” she said. ■

Fannie and Freddie persist because lawmakers can’t bear to kill them

BY NEIl IRWIN ■ THE WASHINGTON POST

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Here’s how strange things have gotten in the world of housing finance.

Fannie Mae and Freddie Mac, along with their regulator, are doing more to dismantle themselves than Congress can be bothered to do.

Monday, the regulator, Ed DeMarco of the Federal Housing Finance Agency, said that a new company will be formed that will do much of the backoffice work of both firms, setting the stage for whatever Congress decides to do next to overhaul the mortgage sector.

The two government-sponsored mortgage finance companies are nearing the five-year anniversary of when the feds took them over, a bailout that has cost taxpayers $131 billion so far. They have been vilified, particularly by conservatives, as representing the worst of crony capitalism (fairly) and as being major drivers of the financial crisis (unfairly). For many Republicans, their stated objection to the DoddFrank financial reform act (emphasis on “stated”) was that it didn’t do anything to reform Fannie and Freddie.

And yet nothing. No legislation to overhaul the nation’s mortgage finance system has passed either the Republican-led House or the Democratic-led Senate. The White House unveiled a plan for what to do — more than two years ago — that was less a plan than a menu of options from which Congress might choose

in sculpting its own approach to reforming the government-sponsored enterprises, or GSEs. So what is going on here? How is this an area where seemingly everybody agrees there needs to be an overhaul, yet there has been no actual legislative action?

The answer boils down to this: Too many people benefit from the current system, and too many people have something to lose in any overhaul.

Here’s a refresher on the situation and the problem: In the pre-crisis days, Fannie and Freddie occupied a strange place in the American corporate landscape. They were private companies with shares traded on the New York Stock Exchange, dedicated to maximizing profits for shareholders.

Their executives were paid well, and they employed scores of lobbyists.

But they also had the implicit backing of the U.S. government, ensuring that the millions of home mortgages they packaged were nearly as risk-free as lending to the government itself.

Heads, we (Fannie and Freddie shareholders) win. Tails, you (the taxpayer) lose.

That created some bizarre incentives. For ordinary homeowners, it meant lower mortgage rates than they would have had otherwise. For politicians, it meant a steady stream of campaign donations and other support so long as they remained supportive.

It meant that it seemed to the government like a free lunch, because there was no annual appropriation to the companies.

Of course it wasn’t free at all, and when the housing market collapsed in 2008, the bill came due for the U.S. government — the aforementioned $131 billion bill, to be precise.

Since then, Fannie Mae and Freddie Mac have existed in a state known as “conservatorship,” which is something like the corporate equivalent of purgatory. They remain for-profit entities. But the U.S. government controls them and is footing the bills for their losses, and their regulator directs almost everything about how they run.

Here’s the thing, though. They also have played a crucial role in the recovery. In 2009, when banks were in horrendous shape and had little ability or desire to make home loans, Fannie and Freddie filled the vacuum, acting as the key providers of funding for the housing sector. It is hard to even imagine how much worse the housing collapse would have been if, when the banking sector was in dire shape, there had been no federal backstop to keep dollars flowing to home buyers.

They now account for 90 percent of the mortgages issued in the United States.

That’s why any serious proposal to reform the GSEs retains some government role in supporting mortgage lending. If legislation to

overhaul housing finance stripped out the government role entirely, it would surely lead to a sharp spike in mortgage rates and shortages in the availability of loans, and even after things stabilized it would leave the nation more vulnerable to collapses in home prices. More practically, it is hard to see how it could ever pass over vehement objections from all the industries tied to housing — home builders, real estate brokers, banks.

In effect, the GSEs have been one of the major ways the U.S. government has subsidized homeownership for generations. (The other biggest one is the mortgage interest tax deduction.)

If lawmakers try to yank away that subsidy, they will face vigorous opposition.

There are any number of ways to do that. Any of them will face opposition from industries that benefit from the status quo. But something will have to change to give the United States a system of housing finance that doesn’t leave taxpayers on the hook for everyone who wants a place to live.

If Congress — both the Republicans who lead the House Financial Services Committee and the Democrats who lead the Senate banking committee — would devote as much effort to legislating as they did bemoaning the bailouts that put Fannie and Freddie under government control in the first place, we might even get one. ■

10SH

The Gazette · springshouses.com

Saturday, March 9, 2013

Making room for Mom and Dad in your home

BY PAMELA YIP ■ THE DALLAS MoRNING NEWS

How would you feel if Mom and Dad became your roommates?

For some families, it’s a reality as they give shelter to financially struggling parents or ill parents who can no longer care for themselves.

But as much as you may want to repay your parents for their care of you, you have to look at the financial and emotional ramifications of taking them in.

“Parents are in the habit of taking care of their children,” said Rick Salmeron, certified financial planner at the Salmeron Financial Network.

“The flow of wealth from older to younger generation feels natural to many.”

But changing demographics is making the reverse more common.

“We are living so much longer now,” Salmeron said. “The older generation may be running out of savings, or may be mentally or physically unable to tend for themselves. The younger generation had better do more thinking about possible new roommates — their parents — and how they might prepare themselves.”

Here are the areas you need to look at: THE COSTS “When considering having a parent come live with you, there are direct costs and indirect costs,” said Tom Murphy, certified financial planner at Murphy & Sylvestin Dallas.

Direct costs include groceries, household supplies and dining out.

Indirect costs can include increased utility bills, higher auto insurance rates if the parent is still driving, and more laundry, hobby or activity costs of the parent, he said.

“Adding one person to a home with two will increase these variable expenses by an average of 23 percent, according to U.S. census figures,” Murphy said.

For example, if you and your spouse spend $2,000 a month for food, utilities and other non-fixed expenses and one parent comes to live with you, you can expect your costs to increase to about $2,460, Murphy said.

Having both parents live with you increases costs by about 42 percent, he said.

Neither situation includes increased health care costs unique to an elderly parent, nor do they include assisted living costs in the home.

their business had closed and I wanted the help,” said Sears, 53, of Flower Mound, Texas.

The transition wasn’t financially difficult for her because within a year, Sears got a promotion and big pay raise.

“I was making enough money and they were starting to get Social Security,” she said. “I was able to help them retire so they didn’t have to go and find other jobs.”

Today, things are different. Sears’ father has died, and she was laid off from her job as an information technology manager in 2004.

Sears and her 81-year-old mother now are moving from their home to a two-bedroom apartment to ease the burdens of a house payment and the upkeep of the home.

“We greatly have reduced our spending,” said Sears, who’s living off of her savings and investments.

SHARING THE BURDEN “Parents, if financially feasible, may want to contribute to the household,” said Jean Keener, certified financial planner at Keener Financial Planning in Keller, Texas.

“Discussing arrangements to help with utilities or other costs helps facilitate this.”

After Deb Sears bought a home in 1995, it was more than what she wanted to care for by herself, so she moved her elderly parents in with her.

“It was a good opportunity for me to get them in a better place because

IMPACT ON BENEFITS Having your parents move in with you won’t affect their Medicare or Social Security benefits. However, other benefits, such as Supplemental Security Income, could be affected, Salmeron said.

SSI is a federal income supplement program that helps low-income aged, blind and disabled people pay for basic needs.

“Unless the parent is paying rent, if that parent is getting SSI benefits, those benefits will be reduced,” Salmeron said. “That’s because SSI treats free room and board as in-kind

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support and maintenance, which reduces the SSI benefit.”

In Texas, SSI recipients are automatically enrolled in Medicaid, the federal-state program that helps pay for health care for the poor.

Texans whose SSI benefits are reduced would still have Medicaid, but if they lose their SSI benefits completely, they would also lose Medicaid, said Linda Edwards Gockel, spokeswoman for the Texas Health and Human Services Commission.

Food stamps also could be affected because eligibility and benefit levels are based on household, not individual, circumstances, according to the U.S. Department of Agriculture.

TAX IMPLICATIONS Under certain limited circumstances, you may be able to claim your parents as dependents on your tax return, said James Smith, CPA at Smith, Jackson, Boyer & Bovard in Dallas. You may be able to deduct medical expenses that you paid for your parents.

If you charge your parents rent, you would have to recognize the rent as income in your tax return, but then you could claim a depreciation deduction for a portion of the cost of your home, as well as a portion of the utilities and any general repairs to the property, Smith said.

If you don’t charge your parents rent, the free room and board would be treated as a gift, but because the total rent value probably would not

exceed the annual gift exclusion — $14,000 for 2013 — you wouldn’t have to report the gift to the Internal Revenue Service, he said.

DOCUMENT CHECK Are your parents’ estate planning documents in order? This includes more than just a will.

“As parents age, adult children may need to take on the role of making medical or financial decisions,” Keener said. “Having an up-to-date general durable power of attorney will facilitate managing a parent’s affairs with their financial institutions. For medical issues, having a current medical directive, medical power of attorney, and HIPAA release (to allow sharing of your health information) is important.”

Having access to your parents’ main bank account also might be a good idea, Keener said.

“Depending on the parent’s ability to manage their financial affairs and the relationship between parent and adult child, it can sometimes be really helpful to make the child a joint signer on the primary billpaying checking account,” she said.

EMOTIONAL RESPONSE Are you prepared to deal with the emotional aspects?

“Be prepared to adjust your expectations of what they remember and what they don’t remember,” Sears said. “Don’t get mad because they forget things; just be patient.” ■

Avoid injuries while spring cleaning STATEPoINT MEDIA

Cleaning your home from top to bottom this spring? Do so with care. From falls off ladders to muscle pain, heavy-duty chores can be hazardous to your health and wellness if you’re not careful.

So before you roll up your sleeves and get into the thick of it, take a moment to review some essential safety precautions: AvOID OUTDOOR MISHAPS When mowing the lawn, wear sturdy, closed-toe shoes. Clear your lawn of stones, toys and other potentially hazardous debris before you begin, to prevent flying objects. Keep children away from your yard while you’re mowing.

Reduce the risk of a ladder fall by always using a stable ladder. Be sure to use the correct height ladder for the job and follow all weight restrictions. only set ladders on level surfaces. Pay close attention to what you’re doing and climb up and down the ladder slowly and deliberately.

avoid throwing your back out. If a chore is causing you pain, stop what you’re doing.

“Start out slowly to avoid placing a sudden demand on your muscles that are not use to this activity,” says Anne Meyer, MD who focuses on sports rehabilitation medicine.

If you feel stiff or sore after a long day of reaching, bending and lifting, Dr. Meyer recommends minimizing physical activity, elevating an injured arm or leg, and treating the first sign of muscle pain by applying a quick absorbing topical muscle pain reliever like Arnicare Gel. Instead of masking pain, this homeopathic medicine works naturally with the body to relieve muscle pain and stiffness, as well as swelling from injuries and bruising. Pain management tips can be found at www.arnicare.com, where coupons are available to save $1.00 on pain relievers.

TREAT MUSCLES RIGHT From lawn work to scrubbing floors, unusual repetitious motions can really take a toll, resulting in muscle pain or bruising. Treat your spring clean like a workout and stretch your major muscle groups before you get started.

When lifting those boxes in your basement and any other objects with heft, bend at the knees to

CLEAN SAFELy Cleaning products can be extremely stringent, causing irritation to your eyes, nose and throat. If opting for natural alternatives, such as vinegar or lemons is not an option, use the harsher stuff with care. open all windows when using harsh cleaning products, especially ammonia. ■

Saturday, March 9, 2013

The Gazette · springshouses.com

11SH

BuildingPermits The figures quoted here are based on the weekly printout from the Regional Building Department. Not all permit data are shown. Prices include labor and materials and do not reflect lot price, utility tap fees or other expenses. The following covers Feb. 23 to Mar. 1, 2013.

SINGLE FAMILY HOMES • 7672 Crestone Peak, $176,363 Savio Const.-moved from 6265 Sorpressa Ln • 2216 Rainbows End Pt. $508,676 Ponderosa Constructors, LLC. • 3001 Sovereign Vw. $342,378 Vanguard Homes Corp.

• 2327 Coyote Crest Vw. $750,505 Spartan Building Company • 7824 Braxton Dr. $349,057 Saint Aubyn Homes, LLC. • 7830 Braxton Dr. $360,156 Saint Aubyn Homes, LLC. • 7836 Braxton Dr. $219,348 Saint Aubyn Homes, LLC. • 7842 Braxton Dr. $288,200 Saint Aubyn Homes, LLC. • 7848 Braxton Dr. $272,210 Saint Aubyn Homes, LLC. • 7854 Braxton Dr. $333,255 Saint Aubyn Homes, LLC. • 7860 Braxton Dr. $219,348 Saint Aubyn Homes, LLC. • 7866 Braxton Dr. $360,156 Saint Aubyn Homes, LLC. • 7903 Braxton Dr. $360,156 Saint Aubyn Homes, LLC. • 7831 Braxton Dr. $367,869 Saint Aubyn Homes, LLC. • 7813 Braxton Dr. $370,220 Saint Aubyn Homes, LLC. • 7807 Braxton Dr. $270,328 Saint Aubyn Homes, LLC. • 7806 Braxton Dr. $331,279 Saint Aubyn Homes, LLC. • 7818 Braxton Dr. $289,140 Saint Aubyn Homes, LLC. • 7812 Braxton Dr. $377,651 Saint Aubyn Homes, LLC. • 7856 High Gate Dr. $349,433 Stephens and Associates, Inc. • 7769 Sapling Ct. $330,621 Stephens and Associates, Inc. • 7843 High Gate Dr. $384,611 Stephens and Associates, Inc. • 7768 Sapling Ct. $364,106 Stephens and Associates, Inc. • 7744 High Gate Dr. $384,611 Stephens and Associates, Inc. • 8184 Campground Dr. $310,304 Oakwood Homes, LLC. • 1980 Hill Ln. $440,389 Goetzmann Custom Homes Inc • 6410 Vickie Ln. $281,051 Aspen View Homes • 6533 Roundup Butte St. $383,859 Aspen View Homes • 6525 Roundup Butte St. $342,284 Aspen View Homes • 6517 Roundup Butte St. $281,051 Aspen View Homes • 175 Eclipse Dr. $330,997 Creekstone Development, Inc. • 7735 Braxton Dr. $365,047 Aspen View Homes • 7535 Mountain Spruce Dr. $410,854 Oakwood Homes, LLC.-cor From 7335 To Platted Addrs 7535 Jkl • 7723 Braxton Dr. $321,873 Aspen View Homes • 8218 Longleaf Ln. $275,690 Oakwood Homes, LLC. • 825 Fleming St. $265,249 New Generation Homes, Inc • 10426 Mt Lincoln Dr. $472,275 Century Communities • 10433 Mt Lincoln Dr. $472,275 Century Communities • 2353 Mesa Crest Grv. $326,576

Vanguard Homes Corp.

• 7878 Alaya Way, $178,056 Homeowner • 6838 Sandyford Ln. $434,275 Challenger Homes, Inc. • 7039 Honeycomb Dr. $242,204 Challenger Homes, Inc. • 3759 Swainson Dr. $194,046 Challenger Homes, Inc. • 3620 Chia Dr. $287,071 Challenger Homes, Inc. • 3619 Chia Dr. $287,071 Challenger Homes, Inc. • 3743 Reindeer Cir. $189,531 Challenger Homes, Inc. • 10632 Mcgahan Dr. $422,518 Challenger Homes, Inc. • 10644 Mcgahan Dr. $233,739 Challenger Homes, Inc. • 9592 Copper Canyon Ln. $335,982 Challenger Homes, Inc. • 1243 Livingston Ave. $189,531 Challenger Homes, Inc. • 1214 Ethereal Cir. $421,295 Challenger Homes, Inc. • 1211 Ethereal Cir. $287,071 Challenger Homes, Inc. • 5549 Majestic $167,521 Robert Scott Gen. Contr., Inc.-Waldo orig. plan • 6715 Monterey Pine Loop, $345,859 Richmond American Homes • 7104 Snowbell Ln. $449,983 Elite Prop. Of America, Inc. • 6299 Adamants Dr. $365,987 Elite Prop. Of America, Inc. • 7684 Wrangler Ridge Dr. $360,156 Campbell Homes Ltd. • 7927 Manistique Dr. $405,681 Campbell Homes Ltd. • 7718 Desert Wind Dr. $336,829 Campbell Homes Ltd. • 5531 Majestic Dr. $307,670 Stauffer and Sons Const. Waldo - New Plan • 5345 Chambrey Ct. $627,568 Builtrite Builders (Waldo New plan) • 3652 Reindeer Cir. $365,235 Challenger Homes, Inc. • 3831 Papuan Dr. $237,596 Challenger Homes, Inc. • 6727 Sandyford Ln. $395,428 Challenger Homes, Inc. • 6055 Wilson Rd, $487,983 Saddletree Inc. - Waldo - New Plan • 15444 Pole Pine Pt. $279,358 Custom Properties Colorado, Inc. • 5270 Fraser Valley Ln. $527,959 Saddletree Inc. • 1119 Old North Gate Rd, $561,632 Saint Aubyn Homes, LLC. • 10154 Mt Lincoln Dr. $396,839 Saint Aubyn Homes, LLC. • 10314 Mt Lincoln Dr. $396,839 Saint Aubyn Homes, LLC. • 7568 Waterside Dr. $376,240 New Generation Homes, Inc • 8365 Freestar Way, $265,249 New Generation Homes, Inc • 10060 Antler Creek Dr. $370,220 Saint Aubyn Homes, LLC. • 10218 Mt Lincoln Dr. $360,156 Saint Aubyn Homes, LLC. • 10210 Mt Lincoln Dr. $387,527 Saint Aubyn Homes, LLC. • 10178 Mt Lincoln Dr. $377,651 Saint Aubyn Homes, LLC. • 10146 Mt Lincoln Dr. $380,849 Saint Aubyn Homes, LLC. • 10138 Mt Lincoln Dr. $370,220 Saint Aubyn Homes, LLC. • 10122 Mt Lincoln Dr. $349,057 Saint Aubyn Homes, LLC.

springshouses .com • 10346 Mt Lincoln Dr. $312,561 Saint Aubyn Homes, LLC. • 7560 Mountain Spruce Dr. $277,477 Oakwood Homes, LLC. • 2340 Courtney Dr. $429,666 Hammer Homes - Waldo New Design • 7005 Pear Leaf Ct. $361,661 D.r.

Horton • 10305 Mt Lincoln Dr. $312,561 Saint Aubyn Homes, LLC. • 5560 Vantage Vista Dr. $598,974 Gc Luxury Homes, LLC. • 10804 Hidden Ridge Cir. $381,319 Albano Construction, Inc.

TOWNHOMES • 3091 Shikra Vw. $228,096 Premier Homes, Inc., New Town House • 3099 Shikra Vw. $169,214 Premier Homes, Inc., New Town House • 3107 Shikra Vw. $169,214 Premier Homes, Inc., New Town House • 3115 Shikra Vw. $228,096 Premier Homes, Inc., New Town House • 114 El Paso Blvd, $373,606 Gillis Homes, Inc., New Townhome • 6005 Kingdom Vw. $247,942 Rivers Development, Inc., New Townhome • 6011 Kingdom Vw. $247,942 Rivers Development, Inc., New Townhome • 6017 Kingdom Vw. $247,942 Rivers Development, Inc., New Townhome • 2204 Abiding Pt. $214,551 Rivers Development, Inc., New Townhome • 2214 Abiding Pt. $214,551 Rivers Development, Inc., New Townhome • 2224 Abiding Pt. $214,551 Rivers Development, Inc., New Town Home

MOBILE HOMES • 5150 Airport Rd F223, $5,000 Dennie Murr Mobile LLC., Mobile Home

RESIDENTIAL ALTERATIONS • 5051 Lyda Ln. $17,000 Trafton Roofing & Repair Svc, Reroof • 5840 Garmish Rd, $11,054 N. Murphy Construction Inc., Reroof • 2906 Pinnacle Dr. $7,212 N. Murphy Construction Inc., Reroof • 3665 Brisbane Dr. $3,600 Zede Roofing, Reroof • 5250 Sevenoaks Dr. $7,000 Bilt-rite Builders, Interior Remodel • 2479 Stoneridge Dr. $3,000 Professional Remodeling, Interior Remodel • 8463 Del Rio Rd, $2,800 Mra Enterprises, Reroof • 2885 Warrenton Way, $7,200 Fixins Home Services, Reroof • 10358 Silver Stirrup Dr. $3,642 Homeowner, Basement Room Prior To Permit • 220 Thames Dr. $500 Homeowner, Interior Remodel/remove Walls • 5806 Mesa Mountain Way, $16,193 Homeowner, Basement Finish • 6905 Blue Anchor Pt. $7,700 Total Roofing, Reroof • 1648 Silver Meadow Cir. $6,000 Homeowner, Stucco • 811 Spectrum Loop, $25,223 Everlasting Victorians Inc, Basement Finish • 1245 Lone Scout Lookout, $1,500 Everlasting Victorians Inc, Bsmt Finish • 14310 Old Pueblo Rd, $7,680 Genesis Group,llc, Pergola • 4175 Saddle Rock Rd, $9,238 Peak Basement Systems, Found. Repair • 1432 E La Salle St. $6,300 Home Town Roofing, Reroof

• 3171 Heather Glen Dr. $6,000 Home Town Roofing, Reroof • 4851 Tawny Ridge Dr. $5,000 Highlands Roofing, Inc., Reroof • 2415 Farragut Ave. $3,600 All Phase Roofing, Inc., Reroof • 5725 Doe Skin Ct. $2,700 Acchomeimprovement, LLC., Interior Remodel • 6 Plainview Rd, $400,000 Thomas Gen. Contractors, Inc., Interior Remodel • 10114 Mt Lincoln Dr. $6,016 Saint Aubyn Homes, LLC., Deck • 405 Autumn Pl, $3,056 Saint Aubyn Homes, LLC., Deck • 9564 Holton Ct. $3,368 Saint Aubyn Homes, LLC., Deck • 103 Frost Ln. $3,900 Construction Pros, Reroof • 29 Sandra Ln. $4,600 Homeowner, Deck • 4250 Whileaway Ct. $8,100 Lianro Metal Roofs, Inc., Reroof • 2932 Westcliff Cir. $4,300 Colorado Property Improvement, Patio Cover • 2406 Carmel Dr. $7,647 Axess Construction, Reroof • 3775 Acreview Dr. $1,800 Duane Swanson Construction, Reroof • 25 E Kings Deer Pt. $5,000 Zede Roofing, Reroof • 609 Empress Cir. $3,500 Estrada Roofing, Reroof • 3114 N Institute St. $4,500 Wright Way Repairs, LLC.. Reroof • 9918 San Luis Park Ct. $28,594 Homeowner, Basement Finish • 175 Clubridge Pl, $6,000 Eagle Creek Roofing, Reroof • 4937 Artistic Pl, $400 Homeowner, Interior Remodel • 1411 N Nevada Ave. $1,200 Mountain Property Buyers LLC., Interior Remodel • 20200 Deer Shadow Way, $3,600 Homeowner, Basement Remodel • 4320 Earlyview Ct. $4,800 Trafton Roofing & Repair Svc, Reroof • 2825 Lumberjack Dr. $20,347 Homeowner, Basement Finish • 25 Arequa Ridge Dr. $5,700 Colorado Window and Door Co, Stucco • 805 Birch Dr. $18,500 Savio Construction, Interior Remodel • 1535 Nokomis Dr. $5,269 Front Range Roofing Company, Reroof • 14360 Eastonville Rd, $8,750 Front Range Roofing Company, Reroof • 6775 Dublin Ter, $25,000 Deckworks Inc., Deck • 2059 S Corona Ave. $4,312 Homeowner, Reroof • 6917 Oasis Butte Dr. $39,189 Homeowner, Basement Finish • 1107 Westmoor Dr. $5,721 N. Murphy Construction Inc., Reroof • 1935 Rusty Hinge Dr. $9,400 Finish Line Construction, Reroof • 5030 Bradley Cir. $2,000 X-cel Roofing, LLC., Reroof • 7446 Sun Prairie Dr. $20,949 New Generation Homes, Inc, Basement Finish • 340 Buttonwood Pl, $15,000 Custom Creations, Ltd., Deck and Door repl.

• 11980 Bonifay Loop, $35,035 Homeowner, Basement Finish Prior To Permit • 4551 Bella Dr. $4,544 Abello’s Roofing LLC., Reroof • 3756 Acreview Dr. $10,806 Homeowner, Basement Finish • 12947 Brookhill Dr. $13,816 Solid Rock Construction, LLC., Basement Finish

• 3165 Post Oak Dr. $6,115 Abello’s Roofing LLC., Reroof • 2352 Legend Dr. $8,214 Abello’s Roofing LLC., Reroof • 375 Buckeye Dr. $12,000 Suits Services, Reroof • 7938 Horizon Dr. $4,962 Empire Roofing, Reroof • 770 Amberglen Ct. $19,315 Horn Brothers Roofing, Inc., Reroof • 11685 Howells Rd 168, $1,075 Black Forest Stove Shop, Wood Burning Stove • 7875 Midnight Rd, $21,611 Homeowner, Basement Finish • 3813 Pearl Dr. $2,000 Mjm Construction Inc, Reroof • 524 S Cedar St. $7,000 First Rate Construction, Fire Damage • 4791 Daybreak Cir. $3,000 No Coast Creations, Deck Repair • 4980 Silver Dr. $13,000 Stewart Construction, Co, Deck (245 Sq Ft) • 6425 Eliot Ave. $2,676 Dunamis,llc, Deck (145 Sq Ft) • 1626 Shasta Dr. $6,823 Estrada Roofing, Reroof • 121 S Prospect St. $11,979 Thompson Property Services,llc, Basement Finish • 7846 Lantern Ln. $3,000 Lf Construction, Interior Remodel Add Bedroom • 6110 Ashton Park Pl, $7,500 Bair Construction, Deck (270 Sq Ft) • 630 Blackmore Pl, $5,700 Turner Roofing, LLC., Reroof • 20820 Boca Raton Hts, $300 Handyman Connection, Pellet Stove • 10664 Darneal Dr. $7,588 Homeowner, Deck • 9654 Yukon Way, $5,135 Rampart Roofing, Inc., Reroof • 13699 Cliffbush Ter, $23,929 Homeowner, Basement Finish • 1820 N Tejon St. $100,000 Bob Mcgrath Construction, Addition • 1321 Westend Ave. $3,165 Bob Behrends Roofing, LLC., Reroof • 5385 Broadmoor Bluffs Dr. $14,699 C & C Roofing & Construction, Reroof • 147 Rainbow Pl, $4,900 Walter Construction, Reroof • 3560 Richmond Dr. $4,240 Zede Roofing, Reroof • 1014 N Foote Ave. $9,200 Brian Pierce Roofing, Reroof • 125 Bradley St. $3,200 All Phase Roofing, Inc., Reroof • 3629 Maizeland Rd, $4,100 All Phase Roofing, Inc., Reroof • 14853 Snowy Pine Pt. $15,000 Albano Construction, Inc., Reroof • 6265 Moorfield Ave. $27,300 Homeowner, Basement Finish • 910 E Dale St. $6,200 Peak Roofing Team, Inc., Reroof • 2720 Maroon Bells Ave. $6,000 Homeowner, New Shed • 1995 Hampton South, $3,600 Juniors Plastering, Stucco • 3430 Sloan Peak Hts, $5,100 Total Roofing, Reroof • 11284 Mckissick Rd, $16,000 Homeowner, Deck • 7724 Antelope Meadows Cir. $9,240 Ring’s Carpentry, Gazebo • 10560 Snowbrush Dr. $8,858 Ring’s Carpentry, Deck • 1346 Mears Dr. $7,000 Finish Line Construction, Reroof • 4161 Anitra Cir. $6,200 Peak Basement Systems, Foundation Repair • 1530 Laurette Dr. $5,989 Barlo,inc. dba Interstate Roof., Reroof • 6733 Galley Rd, $7,300 Just Roof It CONTINuED ON PAGE 12

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Featured Home of the Week SU OP N EN 14P M

Artfully Designed – Great for Entertaining – Big Views:

Open House of the Week Outstanding Pikes Peak Views on Quiet Cul-de-Sac:

5480 Cordillera Ct | $749,000

2432 Zane Circle | $337,500

Neighborhood: Northwest

Hours: 1 – 4 p.m., Saturday March 8 & Sunday March 9

Driving Directions: I-25 and Garden of the Gods

Neighborhood: East

north on Rusina to Popes Valley. Follow to Golden

Driving Directions: East on Maizeland from Academy.

Hills and left on Cordillera Court.

Right on Zane Place, left on Zane Circle.

Agent/Company: Sue Myers, 719-209-0364,

Agent/Company: Colleen Kauber, 719-830-1047,

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ERA Herman Group Real Estate

Beautiful 5 bedroom, 5 bath stucco home with over 5700 sq. ft. on 1.57 acres with fabulous views and a huge GARAGE in Pinon Mesa. Wide plank hickory floors, granite, stainless appliances, alder cabinetry, custom stairwell with Venetian plaster and hand crafted raiing are just a few of the amenities. The master suite has a luxurious spa like bath with fireplace, custom glass, travertine and soaking tub. Although designed for main level living, there is plenty of living space on the walk out lower level.

Beautifully upgraded custom 4 Bed, 3 Bath W/O Rancher w/newer tile roof; Trex deck; powder coated railing & spiral stairs leading to covered patio; large yard w/water feature & apple trees. 50K kitchen remodel w/custom ‘soft close’ cherry cabinets; guartz counter tops; granite sink & gorgeous hardwood floors. Opens to family room w/gas fireplace. Large bedrooms, remodel bathrooms, finished basement w/wet bar, 96% efficency furnace.

Bsber AC. Extra room can be office/sewing/craft or nonconforming 5th bedroom. Fantastic Value!

12SH

The Gazette · springshouses.com

building permits: LLC., Reroof • 5010 Barcelona Way, $3,100 Western Fireplace Supply Inc, Woodstove • 9462 Sharlene Hts, $120,000 Dynamic Integ., LLC.. Pv Solar Grnd Pole Mount • 7874 Lightwood Way, $14,749 Homeowner, Basement Finish • 1878 Sheringham Dr. $21,340 Homeowner, Basement Finish • 5285 Chimney Gulch Way, $8,127 Saddletree Inc., Basement Finish • 6452 Showhorse Ct. $6,500 Veterans Construction Inc, Reroof • 2210 Bula Dr. $6,500 Veterans Construction Inc, Reroof • 5833 Huerfano Dr. $19,083 Homeowner, Basement Finish • 3155 Frazier Ln. $4,500 Veterans Construction Inc, Reroof • 1648 Silver Meadow Cir. $5,000 Homeowner, Patio

CONTINuED FROM PAGE 11

Cover • 4920 Calhoon Ct. $50 Homeowner, Deck • 4336 Horizonpoint Dr. $6,500 Veterans Construction Inc, Reroof • 2594 W Prescott Cir. $6,500 Veterans Construction Inc, Reroof • 4552 Gunbarrel Dr. $6,500 Veterans Construction Inc, Reroof • 6025 Red Hill Cir. $9,350 Hathaway Homes LLC., Deck (240 Sq Ft) • 5130 Quill Dr. $500 J & J Construction, Inc., Interior Drain • 3705 Sheffield Ln. $4,800 Homeowner, Reroof • 7578 Chenoa Ct. $5,000 Stan Lewis, Reroof • 10106 Mt Lincoln Dr. $5,496 Saint Aubyn Homes, LLC., Deck 180 Sq Ft • 2613 Flintridge Dr. $7,000 All-

around Roofing, Reroof • 3868 Happy Jack Dr. $6,792 High Point Roofing, Reroof • 910 N Meade Ave. $2,500 Sullivan Roofing, Reroof • 1907 S Cedar Ave. $750 Tropwen Enterprises, LLC..

Stucco • 1827 N Corona St. $4,000 Homeowner, Reroof • 10450 S Edison Rd, $3,000 Homeowner, Reroof • 18065 Cumbres Rd, $10,000 Roof N Exteriors, LLC., Reroof • 7645 Hickorywood Dr. $9,730 N. Murphy Construction Inc., Reroof • 30225 Washington Rd, $10,000 Scheffe’s Roofing, Inc., Reroof • 5645 Tuckerman Dr. $6,000 Wilcox Roofing, Inc., Reroof • 15605 Herring Rd, $15,000 Wilcox Roofing, Inc., Reroof • 5440 Stetson Meadows Dr. $17,698 Homeowner,

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Basement Finish • 3607 Indianpipe Cir. $7,000 K-designers, Basement Remodel • 3815 Wakefield Dr. $20,000 Prime Co. Inc Dba Pci Const.

Svcs., Reroof • 4365 Begonia Ter, $5,330 Rampart Roofing, Inc., Reroof • 5066 Picket Dr. $3,600 Homeowner, Reroof • 4655 Pascal Ct. $20,558 Stonebridge Homes, Inc., Basement Finish • 152 Cherry Cir. $2,500 Kayco, LLC., Deck (128 Sq Ft) • 7375 Pearly Heath Rd, $1,354 Journey Homes Cs, LLC., Partial Bsmt Fin • 6077 San Mateo Dr. $1,354 Journey Homes Cs, LLC., Partial Bsmt Finish • 1043 White Stone Way, $4,000 N. Murphy Construction Inc., Reroof • 6034 San Mateo Dr. $14,658 Journey Homes Cs, LLC., Basement Finish • 1030 Garlock Ct. $98,000 Gold Rush Constr & Bldg Co, Addition/deck • 2740 N Murray Blvd, $2,000 Homeowner, Wood Burning Stove • 4952 Joseph Dr. $4,953 T-rex Roofing & Construction, LLC., Reroof • 9435 Summer Meadows Dr. $27,812 The Kuck Company, Inc., Basement Finish

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• 140 W Ramona Ave. $3,676 Homeowner, Reroof • 5220 Broadmoor Bluffs Dr. $12,150 Peak Roofing Team, Inc., Reroof • 2415 Saranac Dr. $6,400 Rm Commercial Contractors, LLC..

Reroof • 6945 Peckham Ln. $15,000 R. T. Stucco, Stucco • 412 Rose Dr. $12,190 N. Murphy Construction Inc., Basement Finish • 3545 Windjammer Dr. $8,000 James Company Enterprises, Ltd, Reroof • 4536 Harwood Rd, $2,000 Estrada Roofing, Reroof • 1622 E Monument St. $3,000 Homeowner, Add Egress to Basement • 9786 Kings Canyon Dr. $15,000 Holladay Bros Const., Inc, Basement Remodel • 865 Pinon Pine Rd, $5,000 Gillis Homes, Inc., Interior Remodel • 1615 Clemson Dr. $6,441 Abello’s Roofing LLC., Reroof • 3250 Blodgett Dr. $10,000 Rampart Const., 56 Sf Addition And Int Remodel • 97 Susanne Cir. $4,109 Abello’s Roofing LLC., Reroof • 10973 Torreys Peak Way, $15,832 Homeowner, Basement Finish • 105 Gardner Pl, $1,000 Brentwood Homes, Inc., Interior Remodel

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502 E Pikes Peak Ave, Ste. 200

Saturday, March 9, 2013

• 817 E Las Animas St. $4,000 Homeowner, Reroof Garage Only • 5976 Del Paz Dr. $11,409 Abello’s Roofing LLC., Reroof • 1999 Brookings Dr. $7,792 Abello’s Roofing LLC., Reroof • 2403 Zane Pl, $4,200 John Stevens, Deck (166 Sq Ft) • 620 Bryce Dr. $5,250 Rocky Mountain Roofing & Restoration, Reroof • 948 Hayden Dr. $7,327 Dutch’s Home Improvement, Repair Siding 3 Walls • 7753 Blue Vail Way, $24,531 Homeowner, Basement Finish • 10635 Ross Lake Dr. $13,575 Homeowner, Basement Finish • 225 Thames Dr. $31,454 Impact Builders LLC., Basement Finish • 1140 N Cascade Ave. $6,700 Jewett Enterprises, LLC., Reroof

RESIDENTIAL GARAGES AND CARPORTS • 9163 Shipman Ln. $14,764 Sunset Buildings, Detached Garage • 7825 Antelope Meadows Cir. $17,274 Homeowner, Detached Garage • 2455 Rossmere St. $21,260 Suits Services, Attached Garage  Visit www.springshouses.com/ permits

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NORTH

PROMONTORY POINTE – 719-481-9828

Model Location: 15530 Short Line Ct (80132) 15782 Ann Arbor Way – $442,398 – Ready Now! 4 bed, study, 3 bath, 3 car garage 4,595 Ranch Plan – MLS #746375

FLYING HORSE – 719-495-7297 Model Location: 2098 Bent Creek Dr (80921) The Village of Encore 2445 Veneto Way – $399,900 – Ready Now! 3 bed, study, 2.5 bath, 3 car garage 3,242 sq. ft. Ranch Plan – MLS #745221

EAST

INDIGO RANCH AT STETSON RIDGE – 719-574-6610

Model Location: 6054 Diamond Hitch Dr (80923) 7771 Renegade Hill Dr – $301,383 – Ready Now! 4 bed, 2.5 bath, 2 car garage 3,443 sq. ft. 2-Story Plan – MLS #741101 7784 Renegade Hill Dr – $ 329,183 – Ready Now! 4 bed, 3 bath, 3 car garage 3,176 sq. ft. Ranch Plan – MLS #782335

BANNING LEWIS RANCH – 719-886-4995 Model Location: 7163 Cottonwood Tree Dr (80927)

The Village of Siena 13135 Cake Bread Hts – $361,867 – Ready Now! 4 bed, 3 bath, 3 car garage 3,226 Paired-Patio Ranch Plan – MLS #746108

7169 Spring Linden Ct – $349,900 – Ready Now! 4 bed, study, 2.5 bath, 3 car garage 3,737 sq. ft. 2-Story Plan – MLS #734812

WOLF RANCH – 719-282-1650

Model Location: 6018 Wolf Village Dr (80924)

7147 Buckoak Court – $359,900 – Ready Now! 4 bed, 3 bath, 3 car garage 3,489 sq. ft. Ranch Plan – MLS #733283

6032 Revelstoke Dr – $333,085 – Ready Now! 4 bed, 3 bath, 2 car garage 3,263 sq. ft. Ranch Plan – MLS #777344

MERIDIAN RANCH – 719-494-1101 Model Location: 10274 Mount Lincoln (80831)

6026 Wolf Village Dr – $319,961 – Ready Now! 4 bed, 2.5 bath, 2 car garage 3,430 sq. ft. 2-Story Plan

*Photography represents model homes. Pricing and availability subject to change.

WEST

MOUNTAIN SHADOWS – 719-492-2823 Model Location: 2523 Hot Springs Ct (80919) 2523 Hot Springs Ct – $267,236 – Ready Now! 3 bed, loft, 2.5 bath, 2 car garage 2,770 sq. ft. 2-Story Plan – MLS #715140 2275 Yankton Pl – $384,821 – Ready Now! 3 bed, study, 2.5 bath, 3 car garage 3,242 sq. ft. Ranch Plan – MLS #789748

SOUTH

LORSON RANCH – 719-390-6200 Model Location: 10315 Declaration Dr (80925) 6869 Alliance Lp – $262,355 – Ready Now! 4 bed, 3 bath, 3 car garage 2,911 sq. ft. 2-Story Plan – MLS #768581 6854 Alliance Lp – $284,042 – Ready Now! 4 bed, 3 bath, 2 car garage 3,176 sq. ft. Ranch Plan

10454 Mt. Columbia Dr - $273,373 - Ready Now! 4 bed, 2.5 bath, 2 car garage 3,430 sq. ft. 2-Story Plan - MLS #780826

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Saturday, March 9, 2013

The Gazette · springshouses.com

13SH

Bruce Betts Team RE/MAX Advantage

Partial list of recent Sales 14080 Delwood

25 days

4707 Timber Wolf

66 days

8446 Crossfire

41 days

4479 Fencer

35 days

9080 Christy Ct

46 days

5850 Grapevine

50 days

4925 Garden Ranch 35 days 6150 Catskill

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002

55 days

5024 Chaise

32 days

5265 Park Vista

76 days

575 Buckeye

85 days

2826 W. Bijou

53 days

7045 Blazing Trail

23 days

645 Riverview

49 days

Call Today Complimentary CMA 719-338-1001 or 719-262-2982

Boulders at Nor’wood

Extreme Franciscan Mission Home!

Decks/Patios. Dining Rm seats 32.

Indoor Pool/Spa MLS 789283 $1,350,000 Callaghan Realty 719.491.1671

Tour of open Houses

SD 20 Custom built 6/4/3 3376 Sq Ft. 2 story home fully finished basement. Walk outs on 3 levels with beautiful views of the Front Range.

GO eBill

Open Sunday, Mar. 10 1 - 3PM

OPEN SATURDAY Mar. 9, 1 PM - 3PM

NEW SKYWAY D-12 LISTING! TOTAL REMODEL * NEW INCREDIBLE IKEA KITCHEN * 4 BRM 3 BA 2 CAR * A/C * NEW WINDOWS * OPEN FLOOR PLAN * NEW LIGHT FIXTURES NEW BATH FIXTURES * WALK TO BEAR CREEK PARK * ERIC SCOTT 357-7776

Amazing views! Quiet cul-de-sac backing to preservation area. Extensive hardwood flooring, huge windows, large rooms & fantastic outdoor spaces! 5BR/4BA/3C Gar. 5449 SF.

TH

1003 Zodiac Dr. $295,000

Dorrie Stewart 337-5135

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Open 11 to 1 - MLS 770461

Fabulous New remodel in Skyway Park, D20, 3 Bed, 3 Bath, 2 Wood Fireplace, Oversized 2 Car Garage, 2324 sq foot This completely updated home has it all! Great Lower Skyway neighborhood, lg corner lot & great schools. Updates include new roof, electrical wiring, vinyl wndws & furnace. Walk into your spacious yet cozy living room w/ reclaimed wood flrs & wood burning FP’s. The modern kitchen inc.granite countertops, plenty of new cabinets & S/S appls. Beautiful tiled floors & main lvl laundry finish off the kitchen area. Just behind the dining room is an open & airy sunroom that leads to your bkyd. A 2nd FP & 3rd bath are located in the completely refinished lower lvl which connects to an extra deep 2 car gar.

Tammy Whalen 719.492.0819

SU OP ND EN AY 13

297

Open Sunday, Mar. 10TH 1 - 4PM

This home has the old Victorian charm of OCC with a pristine upgraded, remodeled interior. 4/3/2 2206 Sq Ft 2 story home.

Clark and Associates Inc Casey Clark 719-649-6271 Janice Holloway 719-648-4985

www.ColoradoSpringsHomeTeam.com

(3228)

1630 Cheyenne Blvd • $285,000 Rare Sunny Canyon Hideaway! Big deck * Mountain Views * Pine cone gas FP * GREAT ROOM * Abundant windows * Spacious master suite w/up dated bath * Treed back yard * stone terraces * family room w/cabinets & bookcases * Walk to coffee shop * Hiking, biking, riding, running in Stratton Open Space & N. Cheyenne Canyon

or, online at

Lonnie Watts 719-761-0474

gazette.com/fact

Selling – Buying ...I Can Help!

and tell us what’s news to you!

Tina

Swonger

11 S 9th St. $273,000

1:30 to 3:30 mls 718652

Call 476-FACT

110

Open Sat, March 9 11am-2pm

Located in a quiet cul-de-sac 4/4/2 2241 Sq Ft. 2 story home. SD 20 remodeled.

Completely remodeled . 4/2/1 This beautiful home has granite countertops, new stainless steel appliances and is ready to move in today.

Tell us about local stories, breaking news you’re witnessing or things you’d like us to cover.

135 Grayson Ct. • $550,000

2444 Astron Drive • $325,000

4130 Nettle Lane $259,900

Your direct line to The Gazette newsroom.

109

108

104

Open 1:30 to 3:30 - MLS tbd

476-FACT

gazette.com/GoEbill

Liz Cobb, Host 719-492-4040

3919 Azalea St. - $215,512

brucebetts@remax.net

The Gazette now has eBilling

S/W

789 Tamarron Dr $319,950 Open 11 to 1 - MLS 768763

11 days

3938 Alemeda

5320 Rampart Terrace • $193,750

GRI, QSC, LHP, ABR, CDPE

Wonderfully Relaxing 3 Bedroom, 2 Bath Home Just Up The Pass West Of Colorado Springs. Incredible Stone Wood Burning Fireplace W/Insert. Newly Painted Interior And Updated Carpet. Delightful Flagstone Patio Surrounded By Vibrant Natural Wildflower Gardens That Blooms All Summer. New Home Depot/ Champion Energy Efficient Windows In The Warm And Inviting Living Room.

Updated Upstairs Bathroom. New Flooring In The Living Room. Don’t Miss It! Directions: Take HWY 24 Up The Pass To Rampart Terrace.

www.TinaSwongerRealty.com tina.swonger@wesellmore.net

1-719-229-2153 Cell 1-800-325-0466 Toll Free

SW

CENTRAL CENTRAL CENTRAL C ENTRAL

The Alikar Gardens Resort Apartments 1123 Verde Dr. 475-2564 - CENTRAL

Starting at $250 $600 to to $1300 $450

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Studios, Suites 1 1 & 2 BD Furnished Unfurnished

From $825 Furn.

Eagleview Apts.

1803 Prairie Rd. 471-7863 - CENTRAL

$576 $250 to to $619 $500

2

1

3 ,6, 9, 12 Months

Willowbrook Apts.

1032 Rice Dr. 491-0157 - SOUTHWEST

$465 $200 to to $638 $300

Studio 1 2

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6 to12 Months

1 2 Furn.

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Year Round N Italian Y Tile Heated Pool

Apollo Park 805 S. Circle Dr. 634-0286 - CENTRAL

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Name Address Phone • Area

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apartmentdirectory Other Amenities, Details & Specials

NOW OPEN SAT. & SUN. 10 to 6! Enjoy

Colorado Springs most unique award-winning premier Apartment Community! Furnished & Unfurnished Apt homes. Private entrance with furnished balconies overlooking awardwinning landscaping with shade trees, ponds, streams, waterfalls & picnic areas. Yeararound hottub. Fitness center with free WIFI work stations. Beautiful state of the art laundry facility with cozy sitting area. Corporate, Senior, Military and Other Discounts.

Visit our website www.alikar.com or call us at 719-475-2564.

Email alikargardens@comcast.net

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FULLY FURNISHED, FREE PHONE, CABLE, WIRELESS INTERNET AND UTILITIES Full equipped kitchen. Day/week/ month. No lease. Ideal for short term. Credit cards accepted.

Y

Y

1/2 MONTH FREE RENT Comfortable, renovated apts, kitchens w/separate dining area. Secured Bldg access w/ open or covered parking. Close to schools, shopping & busline.

Y

ALL UTILITIES INCLUDED! Newly Upgraded, quiet, private N entrances. Park-like setting, playground, pool. Close to Ft. Carson, Broadmoor Town Center & downtown. Great specials available!

Y

featured apartment community Central

Alikar Gardens | From $600 Address: 1123 Verde Drive Phone number: 475-2564 Directions: Southeast of intersection of Circle & Fountain on Verde Drive.

Enjoy Colorado Springs most unique award-winning premier Apartment Community! Furnished & Unfurnished Apt homes. Private entrance with furnished balconies overlooking award-winning landscaping with shade trees, ponds, streams, waterfalls & picnic areas. Year-around hottub. Fitness center with free WIFI work stations. Beautiful state of the art laundry facility with cozy sitting area. Corporate, Senior, Military and Other Discounts. www.alikar.com Email alikargardens@comcast.net or call 719.475.2564

NOW OPEN SATURDAYS & SUNDAY NEWLY RENOVATED

14SH

The Gazette · springshouses.com

Saturday, March 9, 2013

660 Southpointe Ct., Suite 200, Colorado Springs, CO 80906 Office: (719) 576-6767 Toll Free: (877) 576-6767 216 N. Tejon St., Colorado Springs, CO 80903 Office: (719) 635-7653

Visit us at: PrudentialRMR.com Full Service - Experience has its rewards!

Prudential Rocky Mountain, REALTORS has six offices and a presence extending along Colorado’s Front Range from Fort Collins to Colorado Springs. In 2011, the combined entity ranked in the TOP 50, out of over 1,500 Prudential offices, as one of the industry’s leading real estate brokerages.

S/W

W NE ING ST LI

Cheyenne Canyon

EN M OP UN 0 P S :3 3 01:3

Broadmoor Resort

Relocation Department Our award winning Relocation Department has over 75 years combined experience to bring you the best and most comprehensive knowledge of the relocation process.

Contact: Kathie Olson Director of Relocation (719) 785-4111

No detail has been overlooked nor any quality sacrificed in design nor workmanship. Only the very finest of finishes have been applied.

Full-floor master suite, elevator, gourmet kitchen w/stainless steel appliances, 2000 bottle temperature-controlled wine cellar, two patiosone w/a wood burning FP. Opportunity to join Broadmoor Golf Club.

Broadmoor Stratton Forest

1055 Kara Ridge Pt. $169,000 2 Bed 3 Bath 2 Car 1544 SqFt

$1,595,000 4 Bed 4 Bath 5294 SqFt. 3 Car

Newer Westside townhome in gated Community near Garden of the Gods. Desirable end unit with lots of light. Open floor Plan on main with cozy fireplace and built ins. All appliances stay including washer/dryer. Huge Master w/walk-in closet.

Oversized two car garage with storage. Central Air. Shows well.

JoAnn Gadkowski 719-339-8909

S/W

997 Mountain Crest View $155,000 Close to Fort Carson Beautiful townhome with 3 bedrooms, 3 baths, 2 car attached garage. New floors, new refrigerator.

Enclosed front patio.

Minutes from Ft. Carson, Shopping & Schools.

Collette Wright 719-510-7293

38

Woodland Park

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1222 Kylie Heights $1,495,000 Private Mountain Retreat 2-story home situated on 38-acres is surrounded by intoxicating natural beauty to include unobstructed views of Pikes Peak. The home features only the very finest of interior & exterior finishes. There are too many amenities to mention, you must view it fully to appreciate the beauty.

Keith Hayes 719-492-1751

Colorado Mountain Lifestyle retreat bordered on 3 sides by Preserve and Open Space. Stunning finishes! Professionally decorated with Colorado Mountain/ Ralph Lauren touches. Master w/City Views! His and Hers Closets and 5-Piece Bath. Gourmet kitchen with Viking Appliances, Granite, and Fireplace.

Professionally landscaped flat yard! 2.3 Acres. Make an appointment today!

751 Silver Oak Grove $1,098,000 Broadmoor Resort Community Spectacular Custom Lodge-Style 2-Story Home

Surrounded by woods, this home provides both privacy & tranquility, & captures both city & mtn views. Main level boasts a massive floor-to-ceiling rock FP, large exposed-beamed ceilings & slate floors.

Fenced backyard w/flagstone patio, large tiled spa & CO rock terracing.

Home comes w/rights to a Broadmoor Golf Club membership.

Keith Hays 719-492-1751

Northgate

EN -5 OPT 10 2-5 1 SAUN S

Holland Park

2885 Carriage Manor Pt $1,695,000 Across from the world famous Broadmoor Hotel

12531 Woodruff Dr. $540,000 Brand New Ranch Design in Stone Crossing New Acuff Homes Ranch w/5 Bdrms plus a study, 2 of the bedrooms are main lvl, large great rm, open to gourmet kit, wall of windows in rear, lavish mstr bath, bsmt rec room & game room, stainless, granite, wrought iron & much more.

Randy Reynolds 719-499-5833

JoAnn Gadkowski 719-339-8909

Housing Stats Dashboard For February 2013 Pikes Peak MLS – All Areas Single Family/Patio Homes New Listing __________________ 1.211 Active Listings ________________ 3,035 Listings Sold ___________________664 % of Active Listings Sold ________21.9% Sold Volume ____________ $147,645,303 Median Price ______________ $199,000 Average Price______________ $222,357 Sale to List Price Ratio __________97.8% Average Days on Market ______ 83 Days Months’ Supply ___________4.6 months % of Sold Listings that Sold in 90 Days _________66.6%

3,697 SQ FT, 4BDs, 4BAs, 2CG. Built in 1922 this property has been completely remodeled and upgraded in 2008. Only the very finest of interior and exterior finishes used throughout. No detail has been overlooked, nor any quality sacrificed. Too many amenities/upgrades to mention, you must view the property to fully appreciate its splendor.

Keith Hays 719-492-1751

Divine Redeemer

1716 E. Yampa Street $224,000 Move-In Ready!

Desirable Divine Redeemer, this 3 bed/2 bath home is located near Olympic Training Center & Memorial Hospital.

Beautifully decorated, well-maintained home. This spacious home features fabulous hardwood floors & updated kitchen.

Floor plan is perfect for entertaining. Updated bathrooms!

% of Sold Listings 80.0% 13.4% 4.1% 1.2% 1.0% 0.2% 0.2% 0

Months’ Supply 3.1 months 5.1 months 8.4 months 15.0 months 17.7 months 41.0 months 65.0 months Infinite

Disclaimer: Based on information from the Pikes Peak REALTORS® Services Corp. (“RSC”) for February 2013. RSC information may not reflect all real estate activity in the market.

RSC information and the information presented above is provided as is and is not guaranteed or warranted.

Bright & Charming 3 Bedroom Ranch Home with Remodeled Kitchen w/White Cabinets; D.R. w/Walkout to Wood Deck, Newer Vinyl-frame Windows, 6-Panel Doors, Washer/Dryer and more. A must see!

Charming 3 Bedroom, 2 Bath, Open Floor Plan Ranch Home with hardwood floors throughout on a beautiful corner lot located near a park and schools! Kitchen has lots of beautiful cabinets and counter space. Beautiful Tile work in the bathroom. Large fenced backyard and covered patio.

Robert Bourne 719-785-5312

Robert Bourne 719-785-5312

R T DE AC UN TR N CO

1517 Glacier Dr. $80,000 Pikes Peak Park Bargain

620 E. Espanola St. $269,900 Walk to Patty Jewett Golf Course Walk to Patty Jewett Golf Course from this completely updated 1564 sqft, 3 bedroom, 3 bathroom, with a 2 car detached garage.

The nearly new master bedroom suite takes the entire upper level.

Enjoy the large, private and peaceful rear porch or sit in the front swing to take in the front activity. Hurry, this one will not last long.

Bryan Seale 719-235-0036

3975 Wakefield Dr. $483,000 Rancher on 1/2 Acre City & Mtn Views This Custom built rancher boasts vaults, views, skylights, hardwood floors. Granite, 2 fireplaces, 4 bedrooms, walkout lower level, gazebo, AC, and 3 car heated garage.

Anxious Sellers.

Joy Jerome 719-237-1771

Sharon Sutherland 719-491-7496

Under $299,999 $300,000 to $399,999 $400,000 to $499,999 $500,000 to $599,000 $600,000 to $799,999 $800,000 to $999,999 $1 million to $1,999,999 Over $2 million

Central

Why pay rent when you can own? Maintenance-free living in 2-bedroom, 2 bath condo in Skyway – Large, covered balcony with moutain and city views – Secure building entry – For open house times, check Realtor.com or call 719-440-3339.

Broadmoor Hills

Analysis of Single Family/Patio Homes Sold Listings Through Pikes Peak MLS in El Paso County Price Range

Saturn Towers Condo $79,000 Carefree Condo Lifestyle

Anita C. Schimmel 719-440-3339

Compiled and analyzed by Jay Gupta, MA MRE SRES CDPE, 2008 PPAR Chairman, Partner/Managing Broker, Prudential Rocky Mountain, REALTORS®

Fountain Valley

1780 River Dr. $77,000 Backing to Park & Hiking Trails

1011 Cheyenne Blvd. $499,000 Classic Cheyenne Canyon 2-Story

Broadmoor Resort

4830 Longwood Point

$1,113, 000

This property has it all!! Walkout rancher, modest size, w/ private setting. Combined w/unparalleled city & mtn views & membership rights to the Broadmoor Golf Club, truly make this one of the most desirable homes & best values in today’s market. One you see this magnificent property you’ll never want to leave.

Keith Hays 719-492-1751

Broadmoor Oaks

75 Stanwell Street $381,300 Broadmoor Bluffs Beauty!

Wow! This 2-story home with finished basement offers 5 bedrooms, 4 baths, a 3 car attached garage and 3,926 total s.f. of living space! Hardwoods on the main floor!

Private backyard. Don’t miss this one!

Bryan Seale 719-235-0036

Mountain Shadows

Marsha Kromer (719) 531-5311 Mortgage Loan Consultant

6255 Wilson Rd. $575,000 Stunning Ranch with Mtn & City Views

“A Team that gives you Options”

Beautiful custom home * Hardwood throughout the main level * Gourmet kitchen w/granite & high end stainless steel appliances * Vaulted & open * 3 car tandem garage plus a workshop * 10 foot walkout lower level * A/C, stucco exterior & tile roof

NMLS#: 262691 • MLO#: 100026356 FMC NMLS#: 2024 • Branch NMLS#: 325830

Cindy Constantino 719-440-0122

Regulated by the Division of Real Estate

Same Downtown Location, Same Great REALTORS, NEW NAME Name and reputation are keys to success. Which is why downtown’s most prominent real estate group, peakdream.com, is excited to announce it’s new affiliation with 2 other great names: Prudential Rocky Mountain, REALTORS® and Warren Buffet’s new company, Berkshire Hathaway HomeServices®, two of the most highly-respected companies in the world.

The group may have a new name but remains at 216 N. Tejon St., across the street the Acacia Park. It’s associates say the financial stability and integrity of their new brand is a perfect fit. “Nothing is more important than our reputation and the trust we’ve earned from serving this community. These companies share our vision. It makes sense, and we think we can now offer our clients even more”, says Wayne Jennings, founder.

This new partnership gives Prudential Rocky Mountain, REALTORS®, a presence in the heart of downtown, where 30,000 people come to work, dine and shop every day. The highly visible location is not only convenient, it frequently attracts home buyers and sellers looking for a realtor to get the job done.

The peakdream.com associates now offer enhanced marketing tools as well as relocation services that are considered 2nd to none.

Wayne Jennings

Sylvia Jennings

Debra Faricy

Marion Meyer

Lucas Jensen

Dana Smith

Barbara Stanley

Prudential Rocky Mountain, REALTORS® is recognized as a premier company for high-end property sales with a significant number of multimillion-dollar producers. The company is rich with experience and a world class service ethic.

RealEstate powered by:

Sunday, March 10, 2013

FINANCING YOUR NEW HOME HAS NEVER BEEN EASIER!

719.323.6190 | www.VIPMortgageCS.com 7660 Goddard Street, Suite 100, Colorado Springs, CO 80920

ONLINE NOw: VIDEO TOURS • DOwNLOaD ThE SpRINgShOUSES.cOm app fROm ThE ITUNES STORE

FACEBOOK.COM/SPRINGSHOUSES

@SPRINGSHOUSES

TExT GAzETTEOH TO 52732

V.I.P. Mortgage, Inc. does Business in Accordance With Federal Fair Lending Laws V.I.P. NMLS 145502 | BK 0909074 REGULATED BY THE COLORADO DIVISION OF REAL ESTATE

PAID ADVERTISEMENT

spotlight: Picturesque Pleasure

Gorgeous setting in Broadmoor resort

BY LESLIE MASSEY ■ SPRINGSHOUSES.COM

Top of the world views of the mountains as well as the city lights set the stage for a magnificent space in the Broadmoor Resort Community.

With activities such as acres of private trails and breathtaking scenery in addition to the Bradmoor Golf Club, Spa and Fitness Center, this spotlight home has it all.

“What’s really special about this house is the views,” said Becky Gloriod with Prudential Rocky Mountain Realtors.

Delivering over 6,500 finished square feet with five bedrooms and five bathrooms, Gloriod, has the home listed for $1,250,000.

The beautiful foyer with stunning chandelier and cherry hardwood floors opens into an elegant great room. Featuring 18 foot boxed-beamed ceiling and see-through stone fireplace with hand-carved mantel, this room has dramatic floor to ceiling windows framing the city views like a postcard.

A stately office with red faux-finish and built-in bookshelves plus walk-in closet sits off the foyer and has spectacular views of the mountains.

French doors lead to an open room which could easily serve as a main-level bedroom, additional office space, playroom or much more with direct

access to a large bathroom with shower.

On the opposite side of the see-through fireplace sits a comfortable family room with entertainment center and bookshelves, kitchen and breakfast nook. The tremendous gourmet kitchen and family room create a brilliant family gathering area.

The impressive kitchen provides slab granite countertops with tiled back splash, farm sink, plantation shutters, large center isle with counter seating and “furniture” cabinetry designed to capture the feel of actual furniture.

Kitchen appliances include separate refrigerator and freezer with cherry panels, stainless steel six-burner gas range, microwave, double ovens and two dishwashers.

A breakfast nook rests in a bay of windows and accesses the trex deck. A hallway off the kitchen heads to the three-car garage, walk-in pantry and main-level laundry room.

Gloriod describes the gracious formal dining room as “one of the biggest you’ll find” and it can easily accommodate a large table.

On the upper level you’ll find three bedrooms and a laundry room as well as the master suite.

Two bedrooms come with peaked ceilings,

4680 stonE Manor hEights For a private showing call Becky Gloriod, The Becky Gloriod Team Prudential Rocky Mountain Realtors.

719-229-9777 • www.beckygloriod.com walk-in closet and extraordinary mountain views.

These bedrooms share a tiled bath with shower and raised dual vanities. A third bedroom has city views, a walk-in closet and a private bath.

The generous master suite also has a peaked ceiling and an wall of windows with far-reaching city views. A built-in bookcase and TV niche along with a gas log fireplace makes a relaxing and peaceful place.

The master bath has cherry floors, raised dual

vanities, jetted tub and spacious shower with two entries and two shower heads. Off the bathroom, there is a walk-in closet with built-ins that also accesses an upper-level laundry room.

The walkout finished lower level with 9-foot ceilings has an abundance of windows and is flooded with light. A rec room with outdoor access and fireplace, a half bath, bonus room and a huge unfinished area produce endless possibilities. ■

Open Saturday 11-1 & Sunday 1-4 135 Ravenglass Way

$450,000

MLS# 778925

GREAT SPACE AND VALUE IN BROADMOOR BLUFFS 5,040 SQ FT, 6BDs, 4BAs, 3-Car Updated home with new carpet and paint on main and upper levels. New composite roof. Main level guest bedroom. Family room with 2-story ceiling. Kitchen with slab granite counters, hardwood floors, pantry, sunny breakfast nook and walkout to deck.

Rec room with tiled floors and wet bar. A/C. Wood floors. Private lot with large deck.

Driving Directions: Take Broadmoor Bluffs to the top, turn right on Ravenglass Way.

Jack & Becky Gloriod • 719-229-9777 • 719-785-4110

SEVEN MODEL HOMES | OPEN DAILY UNTIL 5PM

New homes from the low $200s to the $500s

2SH

The Gazette · springshouses.com

S/W

S/W

110

Open Sunday, Mar. 10TH 1 - 4PM

Sunday, March 10, 2013

Our first place.

108

It’s a buyer’s market.

Open Sunday, Mar. 10TH 1 - 3PM

1630 Cheyenne Blvd • $285,000

2444 Astron Drive • $325,000

Find an affordable home now by searching HUD, bank owned and foreclosed homes today at springshouses.com/foreclosures.

NEW SKYWAY D-12 LISTING! TOTAL REMODEL * NEW INCREDIBLE IKEA KITCHEN * 4 BRM 3 BA 2 CAR * A/C * NEW WINDOWS * OPEN FLOOR PLAN * NEW LIGHT FIXTURES NEW BATH FIXTURES * WALK TO BEAR CREEK PARK * ERIC SCOTT 357-7776

Rare Sunny Canyon Hideaway! Big deck * Mountain Views * Pine cone gas dated bath * Treed back yard * stone terraces * family room w/cabinets Stratton Open Space & N. Cheyenne Canyon

Lonnie Watts 719-761-0474

Liz Cobb, Host 719-492-4040

SW

CENTRAL CENTRAL CENTRAL C ENTRAL

The Alikar Gardens Resort Apartments 1123 Verde Dr. 475-2564 - CENTRAL

Starting at $250 $600 to to $1300 $450

Apollo Park 805 S. Circle Dr. 634-0286 - CENTRAL

From $825 Furn.

Eagleview Apts.

1803 Prairie Rd. 471-7863 - CENTRAL

$576 $250 to to $619 $500

Willowbrook Apts.

1032 Rice Dr. 491-0157 - SOUTHWEST

$465 $200 to to $638 $300

$0

Studios, Suites 1 1 & 2 BD Furnished Unfurnished

1 2 Furn.

Monthly 3, 6, 12 Months

Y

Y

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Y

Y

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Year Round N Italian Y Tile Heated Pool

1

Y

Pool

Pets

Y

Laundry Facility W/D Hook-ups

A/C

Lease Terms

Baths

Bedrooms

Price Range

Name Address Phone • Area

Deposit $

apartmentdirectory

N

Other Amenities, Details & Specials

NOW OPEN SAT. & SUN. 10 to 6! Enjoy

Colorado Springs most unique award-winning premier Apartment Community! Furnished & Unfurnished Apt homes. Private entrance with furnished balconies overlooking awardwinning landscaping with shade trees, ponds, streams, waterfalls & picnic areas. Yeararound hottub. Fitness center with free WIFI work stations. Beautiful state of the art laundry facility with cozy sitting area. Corporate, Senior, Military and Other Discounts.

Visit our website www.alikar.com or call us at 719-475-2564.

Email alikargardens@comcast.net

N

FULLY FURNISHED, FREE PHONE, CABLE, WIRELESS INTERNET AND UTILITIES Full equipped kitchen. Day/week/ month. No lease. Ideal for short term. Credit cards accepted.

Y

Y

1/2 MONTH FREE RENT Comfortable, renovated apts, kitchens w/separate dining area. Secured Bldg access w/ open or covered parking. Close to schools, shopping & busline.

Y

ALL UTILITIES INCLUDED! Newly Upgraded, quiet, private N entrances. Park-like setting, playground, pool. Close to Ft. Carson, Broadmoor Town Center & downtown. Great specials available!

Y

featured apartment community Central

Alikar Gardens | From $600

- Food - Shelter/Housing - Rent/Mortgage - Utilities

Address: 1123 Verde Drive Phone number: 475-2564 Directions: Southeast of intersection of Circle & Fountain on Verde Drive.

Enjoy Colorado Springs most unique award-winning premier Apartment Community! Furnished & Unfurnished Apt homes. Private entrance with furnished balconies overlooking award-winning landscaping with shade trees, ponds, streams, waterfalls & picnic areas. Year-around hottub. Fitness center with free WIFI work stations. Beautiful state of the art laundry facility with cozy sitting area. Corporate, Senior, Military and Other Discounts. www.alikar.com Email alikargardens@comcast.net or call 719.475.2564

NOW OPEN SATURDAYS & SUNDAY NEWLY RENOVATED

Need Help?

DIAL

Pikes Peak United Way

For more information: www.ppunitedway.org

Sunday, March 10, 2013

The Gazette 路 springshouses.com

3SH

Foreclosure Tour

Sat., March 16, 12 noon - 3 pm Meet at Hyatt Place Hotel, I-25 & Rockrimmon exit 146

Seminar: Night before (Friday), 6-8pm at Hyatt RESERVATIONS REQUIRED

Kevin Cooter,

719-240-3300 www.kevincooter.com

KELLER WILLIAMS PERFORMANCE

4SH

The Gazette · springshouses.com

Our first place.

It’s a buyer’s market.

Find an affordable home now by searching HUD, bank owned and foreclosed homes today at springshouses.com/foreclosures.

Sunday, March 10, 2013

Sunday, March 10, 2013

The Gazette 路 springshouses.com

5SH

GO eBill

The Gazette now has eBilling gazette.com/GoEbill

Witnessing breaking news?

Call 476-FACT or, tell us about it online at

gazette.com/fact

6SH

The Gazette 路 springshouses.com

Discover local resources for military families

Sunday, March 10, 2013