News Article
|
Industry News
|
Updated: 2008-05-11
A changing landscape

May 11--In 2003, seven national and regional homebuilders constructed a little less than half of all single-family homes in the Colorado Springs area.
Last year, the same companies' share of the Springs market slipped to less than a quarter of the area's new homes.
Today, one of those companies is building mostly townhomes. Another hasn't pulled any single-family building permits this year. A third apparently has halted local homebuilding.
As the Pikes Peak region's single-family-housing slump deepens, some national and regional builders have scaled back, shifted direction or closed up shop.
RSS Feeds
