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Minco building purchased for $2.2 million, an article from the Colorado Springs Business Journal, reports that GB2 855 Aeroplaza LLC purchased a 50,000-square-foot 50,000-square-foot industrial and manufacturing building that houses the Minco Manufacturing operation for $2.2 million.  Randy Dowis of NAI Highland Commercial Group said, “Leasing velocity is pretty low and there are fewer owner-users interested in buying right now, but investors with the cash to invest are still buying.”  He stated that manufacturing has made a steady resurgence throughout the area.  Dowis added, “Those who have weathered earlier downturns are doing well, and there’s expansion within our current industrial base.  Many seem to be hiring — we’re going in the right direction.”
http://www.csbj.com/story.cfm?ID=19819

 

10 Steps to Bolster Selling Appeal, an article from RISMedia.com, reports that selling a home in today's market is a challenging job.  There are thousands of properties for sale, buyers know they have leverage, and they’re using it.  They search a number of homes in a quest for the best combination of amenities and price.  According to a report from the National Association of Realtors, sales of existing homes have dropped by 19.3% in the past year.  Real estate appraiser Joel Greenberg said, “When the market was hot, buyers were willing to overlook things.  Not anymore.”  One very important part of preparing a home for sale is increasing the curb appeal.  The home should look fresh, get rid of any debris, weeds or toys in the yard.  Consider trimming the hedges so that they’re not hiding windows and plant colorful flowers.  Another way to make the home more attractive to buyers is to upgrade the lighting.  It is an inexpensive way to improve the look and mood of a house. Replace the fixtures, install dimmers and use soft-wattage light bulbs.  Finally, make certain the patio area is clutter-free.  Set up the grill and create an environment that allows potential buyers to see themselves relaxing outside and enjoying the backyard.

http://rismedia.com/wp/2008-04-25/10-steps-to-bolster-selling-appeal/

 

Additional articles that you may find of interest:

 

'Mr. Tourism' plans to ring in visitors
http://www.gazette.com/articles/ring_35713___article.html/tourism_visitors.html

 

Housing relief efforts slow as pace of foreclosures rise
http://money.cnn.com/2008/04/28/real_estate/Hope_Now_workouts_slow/index.htm?postversion=2008042817

 

Housing prices post record declines
http://money.cnn.com/2008/04/29/real_estate/housing_price_fall_deepens/index.htm?postversion=2008042909

 

Vacant homes for sale hit new record high
http://www.msnbc.msn.com/id/24352014/

 

Fed may be forced to take a breather soon
http://www.msnbc.msn.com/id/24341564/

 

Experts, consumers share home market views
http://www.usatoday.com/money/economy/housing/2008-04-28-real-estate-roundtable_N.htm

 

Spring Cleaning For Your Business: Start Cutting Your Clutter Today
http://realtytimes.com/rtpages/20080429_springclean.htm

 

Residents Question Rising Property Taxes
http://www.realtor.org/RMODaily.nsf/pages/News2008042801