Business
Business
U.S. rents up in January
A “for rent” sign is posted outside a home in Denver.David Zalubowski/Associated Press Real estate data firm Zillow said Friday that prices increased a seasonally adjusted 3.3 percent in January…
Business
U.S. housing starts fall 2% in February
A worker prepares to put up framing on a house under construction in Coppell, Texas.LM Otero/Associated Press Housing starts declined 2 percent to a 1.07 million annual rate, following the…
Business
U.S. homebuilder confidence slides in February
A flag advertising a newly built home for sale flaps in the breeze in Richmond, Va. The National Association of Home Builders/Wells Fargo fell in February, the association reported Tuesday.Steve…
Business
Incentives boosting home sales
Dwayne Saunders purchased a house in Eastvale, California, in December, paying $450,000 after builder D.R. Horton Inc. cut the price by 4.5 percent, threw in a washer-dryer and covered his…
Business
Homebuilder confidence declines to four-month low
A flag advertises a newly built home for sale in Richmond, Va. The National Association of Home Builders/Wells Fargo report shows that builders’ confidence dropped slightly in February, although most…
Business
American Express loses antitrust case
U.S. District Judge Nicholas Garaufis said in his ruling that American Express’ nondisclosure policies harmed competition and prevented merchants from trying to lower their credit card processing costs. He also…
Business
Beware costly ‘change orders’
Lew Sichelman A change order is exactly what it sounds like: any deviation from the original plan. For example, as a project progresses, you might decide you want the more…
Business
REITs outpace S&P
Among 172 REITs in the Russell 3000 Index with at least five analyst ratings, 76 are trading at prices above average targets, according to data compiled by Bloomberg. At the…
Business
Lawsuits put livestock farming in the cross hairs
Water, air-quality concerns fuel legal battles
Business
Business Briefs
Tafoya Barrett and Associates PC announces it has been accepted as a member of CPA Associates International Inc., an international association of accounting firms. Founded in 1979, Tafoya Barrett and…
Bottom Line
Don’t keep all your eggs in one basket
What can private business owners learn from this? Let’s first define a term that may be new to many. The term “Concentration of Risk” typically means that a disproportionate portion…
Business
Real estate’s cream of the crop
The Durango Area Association of Realtors, which documents sales transactions in Montezumea, San Juan, Archuleta and La Plata counties, has 280 members. And while most have sold numerous properties throughout…
On Real Estate
Demographics of first-time homebuyers
The biggest headline of the study was that the characteristics of first-time homebuyers have not changed much over the past nine years. The study analyzed changes in household composition, median…
Business
Use of feathers soar as new décor trend
This chandelier is crafted from brass feathers, making a striking statement.Anthropologie via Associated Press The natural beauty and extraordinary variety of bird feathers have made them a decor trend. The…
Business
U.S. retirees losing ground in new ranking
The United States ranked 19th in the world for retirement security, according to an annual ranking of 150 countries by Natixis Global Asset Management. It’s held that spot for three…
Business
Flipboard no longer just for mobile
app will let users access online magazines on PC browers
Business
Business Briefs
Lisa Feldman has joined FredrickZink & Associates, PC – an accounting, tax and business consulting firm in Durango – as accounting manager. A native of Los Alamos, New Mexico, Feldman…
Business
Oil giants’ investments get timing wrong
Exxon, Chevron set to boost production just as prices fall
What's Up Downtown
In Durango, change is our one constant
It’s only February, and we’re looking at a full plate of activities for 2015 designed to fulfill our mission: To help sustain the economic vitality of the district – which…