LandCo ready to go, an article from the Colorado Springs Business Journal, reports that not only is LandCo Equity Partners opening its Southwestern Commercial Properties brokerage division, but they are also moving ahead moving ahead on redevelopment plans for three buildings downtown, including the Mining Exchange, Freedom Telegraph and Independence buildings.  According to executive Vice President Ward Berlin,  his company’s successful residential loft and condominium venture at City Walk is part of its motivation to take on the 130,000-square-foot redevelopment project which will include 80 for-rent units of affordable housing on the 100 block of East Pikes Peak Ave.  Existing retail space will remain mostly as is, and at least 10,000 square feet in the Mining Exchange Building will be remodeled for office users.
http://www.csbj.com/story.cfm?ID=19695

Build your dream house now, an article Money Magazine, reports that behind the dark clouds hanging over the housing market is a very compelling silver lining: The cost of building the home of your dreams is coming down.   Jim Haughey, chief economist at Reed Construction Date said, "If one or two years ago it cost you $300,000 to build a custom home, today it should cost tens of thousands of dollars less."  One reason it should cost less is the price of some construction materials has started to decrease.  Framing lumber is now 18% cheaper than it was 18 months ago and drywall is selling for 40% less.  Also, land prices in some areas have fallen more than 20% in the past year or two due to developers purchasing too much land during the boom.  If you've always wanted a custom-designed home and are willing to do a lot of work, today's market makes it easier and cheaper to realize your dreams.
http://money.cnn.com/2008/03/10/real_estate/build_home.moneymag/index.htm?postversion=2008031218

Additional articles that you may find of interest:

Colorado fifth on Feb. foreclosure list
http://www.rockymountainnews.com/news/2008/mar/13/colorado-fifth-on-feb-foreclosure-list/
 
Hot Market: Boulder Moves Forward
http://realtytimes.com/rtpages/20080314_hotmarket.htm
 
Paulson: More mortgage lender rules needed
http://www.msnbc.msn.com/id/23609247/
 
Mortgage relief plan falling short
http://www.msnbc.msn.com/id/23581774/
 
Real Estate Marketing Strategies: Tips for Creating Success
http://realtytimes.com/rtpages/20080314_tipsuccess.htm