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April 2008

Environmentally aware

Date: Apr. 21, 2008
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RISMEDIA, April 21, 2008-Do you consider yourself environmentally aware? Are you the Chief Recycling Officer of your household? What about at work?
Results of a North American survey released by Xerox Corporation to measure environmental consciousness in the workplace, found that work colleagues may have some strong objections to those who don’t walk-the-green-talk at the office.
Almost 40% of U.S. respondents said their number one office environmental pet peeve was mindless printing resulting in abandoned pages at the printer, followed closely by leaving the lights on in unused offices (37%).
A review of the other top office pet peeves included: lack of recycling bins (33%); excessive air conditioning or heating (29%); excessive use of paper products - like plates and cups (27%); coworkers who don’t recycle (27%) and coworkers who print single-sided instead of double-sided documents (24%).
“As we talk with our customers, we often find that environmental consciousness is left in the recycling bin that sits in employees’ garages. While they’re eco-friendly at home, the office is still breeding ground for bad habits,” said Patricia A. Calkins, vice president of Environment, Health and Safety at Xerox. “Yet, as this survey found, it takes a few small steps to make a big difference. Step number one: use the technology available in the office to cut back on paper use, reduce waste and reduce energy consumption. That can mean simply setting the office printers to default to two-sided printing, which cuts office paper use in half. Or, replace single function printers and copiers with multifunction systems, decreasing energy use.”
Gender and generations
The survey, which polled 1,569 office workers across the U.S. and Canada, revealed that U.S. women (91%) consider themselves more eco-conscious than their male counterparts (86%). Age had a noticeable effect on environmental consciousness too. Of U.S. workers aged 18-34, 27% ranked themselves as “extremely” or “very green” versus the next generation of employees aged 35-44 (17%).
The top ten environmental pet peeves among U.S. office workers:
1) Mindless printing resulting in increased waste (40%)
2) Leaving lights on (37%)
3) Lack of recycling bins (33%)
4) Excessive air conditioning in summer and heat in winter (29%)
5) Excessive use of paper products, like cups, plates, etc. (27%)
6) Coworkers not recycling (27%)
7) Coworkers not printing double-sided when they can (24%)
8) Too many cover sheets when faxing or printing (24%)
9) Having to store paper copies of existing, electronic files (24%)
10) Leaving computer on and not powering down when going home (23%)
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Price Effect of Foreclosures

Date: Apr. 16, 2008
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Experts differ on price effect of foreclosures, an article from The Gazette, reports that more than 3,500 foreclosures were filed in the county last year, which broke a 19-year-old record.  Some economists say that due to foreclosures in the first two months of 2008 exceeding the annual total for several years in the 1990s, the county is on pace to again surpass the 3,000 mark this year.  How these properties are effecting home prices is still up for debate.  Bill Hurt, owner of ERA Shields Real Estate in Colorado Springs said, "Most of the sellers, and institutional sellers (lenders), are still attempting to get true value for the property.  "They're not ‘firesaling.'  And the value is still there."  According to some real estate appraisers, many home sellers already have lowered their asking prices because of competition from foreclosed properties being sold at a discount by lenders trying to get them off their books.
http://www.gazette.com/articles/foreclosures_35030___article.html/price_differ  --Roger Collins, First National Bank
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Top of Skyway update April 8, 2008

There are currently two homes for sale in Top of Skyway with prices of $675,000 and $749,000
One other property is under contract with a list price of $719,000
Two properties are pending with prices of $699,000 and $800,000
No properties have closed yet this year.
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Skyway Heights update April 8, 2008

Date: Apr. 8, 2008
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There are currently three homes for sale in Skyway Heights with prices ranging from $584,485 to $815,000
One property closed this year on Skylight View with a sale price of $549,000
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Austin Heights Update April 8, 2008

There are currently seven homes for sale in Austin Heights with prices ranging from $334,900 to 484,900
Two properties sold this year with prices of $435,000 and $450,000
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El Paso county foreclosures March 2008

Date: Apr. 2, 2008
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County foreclosures set record - again, an article from The Gazette, relays that according to a report by the County Public Trustee's Office, foreclosures totaled 488 in March, the third time since December that monthly foreclosures have set a record.  One thing to keep in mind about foreclosures, not every filing results in the loss of a home.  Some homeowners are able to come up with money and catch up on their missed payments or they work out a payment plan with a lender, who withdraws the foreclosure action.  Also, El Paso County's foreclosures are being spread out over a greater number of households because of the county's growth.  Despite the rise in foreclosures, the rate of foreclosure per household is much lower than 20 years ago.
http://www.gazette.com/articles/county_34841___article.html/foreclosures_foreclosure.html
--Roger Collins, First National Bank
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Colorado Springs real estate outlook

Date: Apr. 1, 2008
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Many of us have our own ideas of what our real estate market is doing in Colorado Springs. We have had a few slow months but it seemed in February things picked up a little bit. I feel that the market will be doing better as it always improves come spring.
Interest rates are really very good and with the many homes for sale what a great time to buy.
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