Real Estate
Business
Lack of supply pushing home prices up
Economists say home prices are rising faster than income because of a lack of supply of new and used homes for sale. The S&P/Case Schiller index of home prices in…
Business
Backyard sheds shedding their drab, old image
That shed in your backyard isn’t just for tools and the lawn mower anymore. More people are repurposing their sheds into offices, TV rooms or some added living space than…
On Real Estate
Stable supply of water coming to the county’s Dry Side
As we all know, water is one of the most critical resources, and the water authority will offer an opportunity for homes on the west side of La Plata County…
Business
U.S. homebuilders’ confidence in sales prospects ebbs
A worker helps to frame a new home at a housing tract in Las Vegas. The National Association of Home Builders/Wells Fargo builder sentiment index released Monday slipped this month…
Business
U.S. home sales slide in April amid listing shortage
Robert Almirall, director of marketing for Mederos & Associates Real Estate Inc., puts a “For Sale” sign in the front yard of a home in Miami. Real estate officials say…
Business
Chic plus comfortable equals relaxed style
This neutral loft is packed with mismatched classic modern pieces that are sculptural and create a collection rather than an actual set, something designer Brian Patrick Flynn avoids to keep…
Business
Murdoch takes Zillow to task
News Corp. CEO Robert Thomson, chief executive officer of News Corp., said his company’s real estate sales information is more accurate than Zillow’s Zestimates.Drew Angerer/Bloomberg News Murdoch’s News Corp. plunked…
On Real Estate
How buyers can compete with multiple offers
Buyers looking for a home with one or more of these characteristics may be faced with a multiple-offer situation or they may have to consider submitting a back-up offer. Negotiating…
Business
Mortgage delinquencies fall
Loans that were at least 30 days late dropped to 5.54 percent in the first quarter from 6.11 percent a year earlier, the Mortgage Bankers Association said in a report.…
Business
Home prices up in most cities
Home prices climbed in most U.S. metropolitan areas in the first quarter, although affordability is still a problem for entry-level buyers, according to the National Association of Realtors.Steve Helber/Associated Press…
Business
First-time homebuyers face many hurdles
Denver resident Amy Arnold and her husband decided to continue renting for awhile longer after a home they tried to buy was purchased quickly for more than the asking price.Brennan…
On Real Estate
5 homebuying mistakes you should avoid
Here is a guide to some of the basics to keep in mind when buying a home: The Colorado Real Estate Commission-approved residential contract is approximately 16 pages long and…
Business
Pastels are always in fashion for homes
Designer Brian Patrick Flynn uses high-end performance fabrics in pastel tones to create a lounge he describes as “rock-and-roll pastels.”Sarah Dorio/HGTV.com Decorating with these potentially too-sweet shades can be tricky…
Business
1 in 4 renters using half their pay on housing
Although the Great Recession has ended, millions of Americans who are paying more than a third of their annual income on rental housing are still feeling its impact, an analysis…
On Real Estate
Knowing the ABCs of home appraisals
Home appraisals determine the value of a specific residential property at a given moment in time. While real estate appraisals are required if there is a mortgage involved, they are…
Business
Federal programs to help homeowners extended
At a speech in Los Angeles on Friday, Mel Watt, director of the Federal Housing Finance Agency, announced that the deadline has been pushed forward to the end of 2016.…
Business
Super-rich set new threshold with $100M homes
Rather than settle for garages of antique cars or a museum’s worth of paintings, billionaires are increasingly willing to pay $100 million for homes that can serve as showcases for…
Business
Home prices in 20 cities increase at faster pace
The S&P/Case-Shiller index of property values increased 5 percent from February 2014, the biggest year-to-year gain since August, after rising 4.5 percent in the year that ended in January, the…
Business
Living small
Montezuma County resident builds Earth-friendly and affordable homes for people on the move
Business
Sorry, but your apartment rent is going up again this year
Even though builders are building more apartment units, rents are continuing to rise rapidly across the country because many of the new units are luxury apartments targeted at higher-income tenants,…
Business
Bill would ease lending rules
The House first voted 263-162 on a bill to ease some curbs on lending for mobile and modular homes. Lawmakers then voted 286-140 for a second measure that would ease…