Real Estate

Figure out who will pay which closing costs
On Real Estate

Figure out who will pay which closing costs

April 18, 2015

Buyers should discuss the various options for covering their closing costs with their lender and agent early in the process so your preferred closing cost strategy can be determined before…

5 things to do to prepare your home for sale
On Real Estate

5 things to do to prepare your home for sale

April 11, 2015

1) Know the market. Did you know that even in La Plata County, there are vastly different markets, with huge differences in supply and demand. Some of these markets are…

Rising home prices   deter new buyers
Business

Rising home prices deter new buyers

April 4, 2015

Few Americans are putting homes up for sale, causing home prices to jump 4.6 percent in January, the latest Standard & Poor’s/Case-Shiller index reported.Chuck Burton/Associated Press file photo The Standard…

Home design comes full circle
Business

Home design comes full circle

April 4, 2015

“They’re sensuous and inviting,” New York designer Barry Goralnick said at last month’s Architectural Digest Home Design Show. “Curved sofas that bring people closer together; rounded dining tables that are…

Bidding wars make comeback in real estate
Business

Bidding wars make comeback in real estate

April 4, 2015

Some research suggests that people who buy things in online auctions often pay more for items than they would if they were buying it from another one-click website – leading…

Is your home in a flood plain?
On Real Estate

Is your home in a flood plain?

April 4, 2015

Just because the home is in what is considered a high-risk flood area doesn’t necessarily mean flood insurance is required. However, it is highly recommended by the Federal Emergency Management…

Rising rents push millennials toward homes
Business

Rising rents push millennials toward homes

March 28, 2015

Higher rent prices around the country are driving more millennials to consider buying a home. About 5.2 million renters are expected to buy homes this year, according to the Zillow…

Regulators probing Lumber Liquidators
Business

Regulators probing Lumber Liquidators

March 28, 2015

Lumber Liquidators says it is cooperating with the Consumer Product Safety Commisison’s investigation of its laminate flooring. A “60 Minutes” report said the company’s laminate flooring contained high levels of…

Homes sales climb in U.S.
Business

Homes sales climb in U.S.

March 28, 2015

Homebuilders are expecting increased demand from buyers as they enter the prime home-buying season. Sales rose to a seven-year high in February even while bad weather put a damper on…

Gas, oil drilling rights can affect properties
Business

Gas, oil drilling rights can affect properties

March 28, 2015

In many cases, the mineral rights have been previously sold separately from the surface rights, meaning the owner of the property may not own the mineral rights below the surface…

U.S. home sales rebound slightly in February
Nation & World

U.S. home sales rebound slightly in February

March 23, 2015

A “For Sale” sign pokes out of about 4 feet of snow in the front yard of a home listed in Derry, N.H. The National Association of Realtors reported Monday…

Winter weather freezes home starts
Business

Winter weather freezes home starts

March 21, 2015

Carpenter Ted Jaffe cuts a piece of baseboard at a home under construction in Pepper Pike, Ohio.Tony Dejak/Associated Press The Commerce Department said Tuesday that builders began construction at a…

Denver renters getting priced out
Business

Denver renters getting priced out

March 21, 2015

Dorothy Trujillo, a 13-year resident along with her daughter, Jerina, are trying to find a new place to live that they can afford. Trujillo and other residents of the Autumn…

Real estate investments offer advantages
Business

Real estate investments offer advantages

March 21, 2015

Many homeowners think of their home as an investment, and it is true that many owners who have owned their home for a long time have significant equity. In some…

U.S. homebuilders grow less confident
Business

U.S. homebuilders grow less confident

March 21, 2015

Construction worker David Rager, 53, frames a window in the upper floor of a two-story custom home being built in Orlando, Fla.Phelan M. Ebenhack/Associated Press file photo The National Association…

News story hurting flooring store sales
Business

News story hurting flooring store sales

March 14, 2015

Lumber Liquidators is offering to test qualifying customers’ laminate flooring. The retailer disputes a “60 Minutes” report that its flooring has dangerous levels of formaldehyde, a carcinogen.Matt Slocum/Associated Press Sales…

Time may no longer be on buyer’s side
Business

Time may no longer be on buyer’s side

March 14, 2015

The price will be in the form of a higher payment for the same house or making the same payment for a less-desirable home. Additionally, the market will become more…