Broadmoor plans $55 million in improvements, an article from The Gazette, reports that the Broadmoor hotel and resort is launching nearly $55 million in improvements that will include construction of guest cottages, renovation of its 150-room west building and a makeover of its west golf course.  The Broadmoor covers 3,000 acres in southwest Colorado Springs and is one of only a handful of properties in the nation rated five diamonds by AAA and five stars by the Mobil Travel Guide.  The Colorado Springs City Council approved construction of six guest cottages that will be built southeast of The Broadmoor's Lake Avenue entrance.  The $22 million project represents a new accommodation at the hotel.  The cottages will be stand-alone buildings that will house large families, corporate outings or golf groups who want to stay together.
http://www.gazette.com/articles/broadmoor_37210___article.html/hotel_million.html

Realty Viewpoint: More Good News - Asking Prices Flatten, an article from RealtyTimes.com, reports that according to the Altos 10-City Composite Price Index, real-time asking prices for homes declined just 0.3% in May.  Prices of properties listed for-sale increased in 15 of 26 major markets according to the Real-Time Housing Market Report and Real IQ.   Overall, prices increased by more than 1% in 11 of 26 markets.  The Altos 10-City Composite showed the average days-on-market was 106, which is an improvement from 111 in April and 113 in March.  The Real-Time Housing report and 10-city indexes are more positive than other indexes, such as the Case-Shiller, because the information is not based on sold data or same sales data, but tracks real-time listing prices.
http://realtytimes.com/rtpages/20080612_realtyviewpoint.htm

Additional articles that you may find of interest:

A Home for Household Surplus
http://online.wsj.com/article/SB121322069979265767.html?mod=RealEstateMain_1

Fueling Sales with People Power
http://realtytimes.com/rtpages/20080612_peoplepower.htm

The Professional Remodeler's Impact on Real Estate Values
http://realtytimes.com/rtpages/20080612_remodelimpact.htmm