Business

Durango economic numbers telling good story
What's Up Downtown

Durango economic numbers telling good story

January 26, 2016

BID tracks six statistics monthly: Durango Transit ridership; enplanements and deplanements at the Durango-La Plata County Airport; door counts at the Durango Welcome Center in downtown and at the Visitors…

Home sales rebound to wrap up 2015
Business

Home sales rebound to wrap up 2015

January 23, 2016

Nearly 5.5 million existing homes were sold in the U.S. in 2015, the highest total since 2006, the National Association of Realtors reported Friday.John Bazemore/Associated Press The National Association of…

Home construction stumbles as year begins
Business

Home construction stumbles as year begins

January 23, 2016

U.S. home construction ended 2015 at its highest level in eight years even though construction dropped 2.5 percent in December.John Bazemore/Associated Press file photo Housing starts dipped 2.5 percent last…

Renovation loans can put you in that fixer-upper
On Real Estate

Renovation loans can put you in that fixer-upper

January 23, 2016

Renovation financing will give you the money to buy the home and pay for those updates or repairs in one 30-year fixed mortgage. Most buyers do not have the cash…

U.S. home builder confidence held steady in January
Business

U.S. home builder confidence held steady in January

January 23, 2016

The National Association of Home Builders/Wells Fargo builder sentiment index stood at 60 in January, matching the December reading, the association reported Tuesday. The index has been hovering in the…

First Southwest starts community fund
Local News

First Southwest starts community fund

January 21, 2016

Curtis “We will center our efforts on areas where unemployment is higher, family income is lower and educational attainment is stagnant,” said First Southwest Bank’s CEO Kent Curtis. First Southwest…

Business Briefs
Business

Business Briefs

January 19, 2016

Keller Williams Realty Southwest Associates welcomes Tom Holcomb, broker associate, to the company. Holcomb has more than 25 years of experience in marketing, management and professional services from a broad…

Buyer beware: Solar power may be missing key ingredient
Business

Buyer beware: Solar power may be missing key ingredient

January 19, 2016

The Vermont attorney general’s office issued a warning letter to solar industry businesses in December 2015 saying some could face penalties for deceptive advertising if they are not clear when…

Money not key to a meaningful life
Money Savvy

Money not key to a meaningful life

January 19, 2016

In our consumer economy, there’s always something new to buy that will make us happy. Whether it’s dinner at a favorite restaurant, a vacation or a new car, we pursue…

Real estate market gets off to good start in 2016
On Real Estate

Real estate market gets off to good start in 2016

January 16, 2016

In 2015, single-family homes in-town Durango decreased 6.3 percent in the number of homes sold, but the median price was up 8.3 percent to $433,025.SHAUN STANLEY/Durango Herald file photo The…

What to expect in housing  in 2016
Business

What to expect in housing in 2016

January 16, 2016

In this Tuesday, Dec. 15, 2015, photograph, a sign indicates a vacancy in a rental housing unit near downtown Denver. (AP Photo/David Zalubowski) Let’s consider the major macroeconomic trends in…

U.S. to track real estate sales in 2 cities
Business

U.S. to track real estate sales in 2 cities

January 16, 2016

The department’s Financial Crimes Enforcement Network said last week that it will temporarily require certain title companies to identify individuals behind companies that buy properties exceeding $3 million in these…

Tax returns will be delayed for many this year
Business

Tax returns will be delayed for many this year

January 16, 2016

Illinois became the first state to announce that it will delay tax refunds to have more time to verify tax returns. State tax refunds won’t be issued until after March…