Station 1 will get makeover or move, an article from The Gazette, reports that Colorado Springs' downtown fire station will either get a major makeover or be replaced if the existing buildings are moved, but the location will remain the same.  City officials have been hunting for months for a new location downtown for Station 1.  According to Fire Chief Manny Navarro, the station will remain on the northeast corner of Weber and Colorado because the city was unable to find an appropriate lot for a decent price.  Developers have expressed interest in moving it elsewhere for a different use, such as a restaurant.  Navarro said if someone steps forward, the city would sell the buildings for $1 and the buyer would pay moving costs.
http://www.gazette.com/articles/station_37164___article.html/fire_city.html

Pending home sales moved higher in April, an article from MSNBC.com, reports that according to the National Association of Realtors, pending home sales unexpectedly increased in April to the highest reading since October, but they remain more than 13% below a year ago.  The group's seasonally adjusted index of pending sales for existing homes rose to 88.2 from a March reading of 83.0, the lowest since the index was started in 2001.  In April 2007, the index stood at 101.5.  NAR Chief Economist Lawrence Yun said, “Bargain hunters have entered the market en masse.  Sharp price reductions are leading to a quicker discovery of price equilibrium points.”  Yun forecasts that the median price of an existing home will drop 8.4% in the first half of the year before stabilizing.  He also predicts in 2009, prices will rise 4.4% to $213,900.
http://www.msnbc.msn.com/id/25059206/

Additional articles that you may find of interest:

Home prices sales fall again
http://www.gazette.com/articles/prices_37162___article.html/month_homes.html

Proposed tax would fund 9 new buildings
http://www.gazette.com/articles/county_37151___article.html/million_city.html

FHA chief balks at taking on more bad loans
http://money.cnn.com/2008/06/09/real_estate/FHA_ban_on_downpayment_help/index.htm?postversion=2008060914

Real Estate Marketing Strategies: How to Make Your Visualizations a Reality
http://realtytimes.com/rtpages/20080610_visualize.htm