Colorado
In Colorado Springs, home sales are sluggish, but new financing options for potential buyers may be on the way
Sales of single family homes in the Pikes Peak Region — the state’s second-largest real estate market — dipped by 20 percent last month compared to July 2022.
The number of days a home stayed on the market in July — 27 — was also almost double what it was a year ago —14 days.
“There’s still high demand and low inventory,” said Randy Case, President of the Pikes Peak Association of Realtors. That has been the case for years in Colorado Springs and gave a lot of advantage to people selling their homes at a tidy profit. This, the continued sting of high interest rates from the Federal Reserve, and the higher mortgage interest rates buyers are paying as a result, has dampened that long-term trend.
The pinch is being keenly felt in the market for mid-tier homes, with buyers interested in upgrading from their first property often staying put instead.
“A lot of folks are finding ways, we’ve seen, to stay in their current homes because of their great interest rates,” Case said. “Unless they physically have to [find a new home] for their family size changing or something … that interest rate switch is going to cost people. The same $2,000 mortgage a year ago is now running about $2,700 a month, some statistics would indicate.”
Many of those potential buyers, he said, are opting instead to remodel or add on to the homes they already own.
The additional pressures for buyers drove down the median price for a single family home in the region in July, a rarity for the busy summer season. That median price now sits at $472,000, down from $485,000 in June.
The situation has led communities like the city of Colorado Springs to more aggressively pursue state and federal assistance programs that can help potential home buyers with things like down payment assistance and interest rate buy-down plans. Case said those options haven’t been fully implemented yet in the region.
Meanwhile, homes in Colorado Springs continue to be more affordable than in Metro Denver. That same median single family home price in Denver is currently $650,000. A household would need to earn more than $160 thousand a year to afford that.
Colorado
Body found in Grand Canyon National Park of man traveling down Colorado River with dog
The National Park Service says a missing New Mexico man who is “believed to have attempted travel down the Colorado River with his dog on a wooden raft” has been found dead inside Grand Canyon National Park.
Thomas Robison, 58, of Santa Fe, was discovered by park rangers in the Colorado River on Friday, according to the NPS.
The agency previously said on April 21, a champagne 2001 Toyota Tacoma belonging to Robison “was found abandoned at Lee’s Ferry in Glen Canyon National Recreation Area” and that his whereabouts were unknown at the time.
“It is believed he may have attempted to go down the Colorado River with his dog, who is a Welsh Corgi, on a self-made raft,” they said.
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Robison’s body is now being examined by the Coconino County Medical Examiner and the NPS is investigating the incident. The NPS says “initial information” indicates that the body is of Robison.
The cause of his death is unclear.
It comes after an Arizona hiker died on a popular Grand Canyon hiking trail in November 2023 in what was the 10th death that year at the national park.
The NPS identified that hiker as 65-year-old James Handschy of Oracle, Arizona.
Handschy had set off for a hike from the South Rim to the river and back along the Bright Angel Trail, the agency said, a roundtrip of about 18 miles.
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In September 2023, another Grand Canyon hiker died while trying to walk rim to rim in one day, officials said.
Ranjith Varma, 55, of Manassas, Virginia, was attempting to trek from the South to North Rim on Sept. 9 when he became unresponsive along the North Kaibab Trail, approximately one mile south of Cottonwood Campground, the National Park Service said.
Rangers responded to the emergency call about the hiker in distress and deployed a helicopter with search and rescue personnel, the NPS said.
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Bystanders performed CPR until the rangers arrived.
Fox News’ Stephen Sorace contributed to this report.
Colorado
Poudre Schools inches closer to closing some Northern Colorado schools,
The Poudre School District is seeking feedback from the community as it plans to close schools in the Fort Collins area due to rapidly declining enrollment. PSD initially announced the plans to consolidate or close some schools in 2023, but that announcement was met with backlash and protests from the community. The district later asked several dozen volunteers from the community to create a commission that would be in charge of proposing consolidation and closure ideas to the school board in 2024.
That group of volunteers has completed their initial survey, and the district has released the list of options the volunteers landed on. Now, the district is asking the community to provide feedback on the list of options before May 19.
“Parents are freaking out,” said Emily Kent, a parent in southeastern Fort Collins.
Kent doesn’t have children in the school district right now but will next school year. Kent, who attended Linton Elementary School as a child, said she intentionally moved her family to the same community with the plan of her kids attending that very school.
Linton was not initially listed in the schools facing closure in the list released in 2023. Because of that, families in that neighborhood felt their school was safe from the changes. So that is why many felt completely caught off guard by the district’s recent announcement that has Linton being closed on nearly all of the options the public can comment on.
“Everyone is shocked. We feel blindsided,” Kent told CBS News Colorado’s Dillon Thomas. “We wouldn’t have bought our house here if this neighborhood school wasn’t available to us.”
Kent said Linton, which is a Title I school, is beloved in the community for being diverse and easily accessible by foot. Kent said nearly 90% of students at the school walk to class each day. She said she fears students would be placed in dangerous situations while trying to commute to other schools if Linton is closed.
“This is not an easy thing. This is not something anyone wants to do. It is something that is a financial reality that as enrollment goes down, funding goes down,” said Emily Shockley, spokesperson for PSD.
The district is planning listening sessions for June 4. Community members can sign up for the sessions online.
Shockley said the district will be hosting sessions where school board members will be in individual rooms at Rocky Mountain High School to listen to the community’s input.
When asked what parents should do, given they only have until May 19 to weigh in on the committee’s proposals, Shockley said it was important for them to vocalize their concerns to the volunteer committee before they present their conclusions to the school board.
“(Parents) should absolutely take that questionnaire. That is the best way to get a response to the committee to look at while they are shaping those final scenarios to the board,” Shockley said.
It is expected that the PSD board will make a final decision on which schools to close or consolidate by June 11.
Kent said she feels other schools had months to prepare for their arguments, while Linton was left to scramble during the 11th hour.
“The other schools and those families have had a long time to rally, to cry, to write their senators. We feel really stuck,” Kent said.
Colorado
2024 Nebraska vs Colorado Will Be An Evening Game on NBC. Oh. How. Fun.
Announced today!
The Nebraska – Colorado game on September 7th will be made more insane in that it will be a night game at Memorial Stadium.
Kickoff time for the matchup between Nebraska and Colorado will be 6:30 p.m. CDT at Memorial Stadium. It will mark the first ever evening kickoff between Nebraska and Colorado at Memorial Stadium.
It will be broadcast on NBC.
I don’t have to tell you to mark your calendars. Anyone who cares about you will be reminding you every day from now until this happens.
It is 117 days away.
117.
That is the number of points I hope we score against Colorado.
That would be close to the record number of points Nebraska has ever scored in a game.
The most is 119, as in 119-0, when Nebraska beat Haskell in 1910. William Cutler “King” Kole was coach then. It would be his last game as a Husker coach.
I can see it happening, 117 points.
Did you know last year Jaylen Lloyd averaged nearly 40 yards a reception? And that was with some rather suspect quarterback play.
Can you imagine what he could do with a good quarterback?
I can. I can imagine Raiola to Lloyd over the top of Travis Hunter all game long. Maybe 50-60 of the 117 points can come from that combination.
Where you guys think Nebraska can get 117 points in this game?
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