Real Estate

Three Springs: A modern Durango neighborhood
Business

Three Springs: A modern Durango neighborhood

November 22, 2014

It all started with great design – create a community based on traditional neighborhood design principles. It is appealing because it uses the lessons learned in towns like Durango. Those…

Real-estate fund investors worry about rates
Business

Real-estate fund investors worry about rates

November 15, 2014

Construction continues on a project in Pittsburgh. The threat of rising interest rates is raising real fears about real-estate mutual funds.Keith Srakocic/Associated Press Investors have pulled money out of real-estate…

More homes being sold at foreclosure auctions
Business

More homes being sold at foreclosure auctions

November 15, 2014

In October alone, nearly 60,000 of those homes were scheduled to be auctioned off by several banks, up 24 percent from the previous month and seven percent from a year…

With real estate on the Net, why use a broker?
On Real Estate

With real estate on the Net, why use a broker?

November 15, 2014

This increase may be contrary to the assumption that the Internet would replace agents in the process of buying or selling a home. Instead, they have become more necessary over…

Stop, drop and roll
Business

Stop, drop and roll

November 8, 2014

Preventative measures to keep your home safe this winter

What exactly does the seller have to fix?
On Real Estate

What exactly does the seller have to fix?

November 8, 2014

The term often prompts the buyer to ask – what is wrong with the property? The fact is that the standard verbiage in the Colorado approved contract indicates that every…

U.S. construction spending down in September
Business

U.S. construction spending down in September

November 8, 2014

Construction cranes are silhouetted against the early morning sky as work continues on Smithsonian’s new National Museum of African American History and Culture in Washington. Construction spending fell in September.David…

Is now the time to refinance mortgage?
Business

Is now the time to refinance mortgage?

November 1, 2014

A plunge in mortgage rates in October raised an urgent question for millions of Americans: Is this a good time to refinance my mortgage or not?Matt Rourke/Associated Press Should I…

Homeowners need to address mold in home
On Real Estate

Homeowners need to address mold in home

November 1, 2014

While it is a serious home condition to alleviate, there are many misconceptions. Understanding the mold found in our area, as well as ways to mitigate it, allows homeowners and…

U.S. homeownership rate slips
Business

U.S. homeownership rate slips

November 1, 2014

The share of Americans who own their homes was 64.4 percent in the third quarter, down from 64.7 percent in the previous three months, the Census Bureau said in a…

Is local housing inventory low? It depends
On Real Estate

Is local housing inventory low? It depends

October 25, 2014

A low inventory real-estate market usually means a greater demand for what inventory is available. However, low inventory is usually niche-specific. Why do some homes in one neighborhood receive multiple…

New-home sales up  slightly in September
Business

New-home sales up slightly in September

October 24, 2014

Signs welcome visitors to a model home at a housing development in Zelienople, Pa. The Commerce Department reported that new-home sales were up only 0.2 percent in September.Keith Srakocic/Associated Press…

Local real estate broker honored in state convention
Local News

Local real estate broker honored in state convention

October 22, 2014

The Gus Williams Colorado Young Professional Network Realtor of the year award was given to Denise Storm of RE/MAX Pinnacle Durango. Several other broker-associates from firms around the state received…

U.S. existing home sales rise in September
Business

U.S. existing home sales rise in September

October 21, 2014

A “For Sale” sign is posted on a home in Monterey Park, Calif. The National Association of Realtors Tuesday said existing home sales were up in September, although the sales…

U.S. builders grow less confident about sales
Business

U.S. builders grow less confident about sales

October 18, 2014

Construction crews work on a home in the Brunswick Forest neighborhood in Leland, N.C.Mike Spencer/The Star-News The National Association of Home Builders/Wells Fargo index dropped to a reading of 54…

Items can provide critter comforts
Business

Items can provide critter comforts

October 18, 2014

Folding steps like these help ease the transport of elderly pets and can be conveniently stored at home or in your vehicle.Wayfair.com/Associated Press Easy lifting Arthritis is one of the…

Home values continue  to appreciate
On Real Estate

Home values continue to appreciate

October 18, 2014

The previous high was in 2006, reaching $335,000 for all residential real estate in La Plata County, and the new high is $336,200. The median price is up 9.15 percent…