Real Estate

Consult with Homeowner’s Association
On Real Estate

Consult with Homeowner’s Association

September 5, 2014

In the beginning a home search it is always important to discuss with your Realtor your lifestyle, hobbies and family pets. Most subdivisions have an active Homeowner’s Association, an HOA,…

Home price gains slow in June
Business

Home price gains slow in June

August 29, 2014

Experts are expecting housing prices to slow down for another few months.Standard & Poor’s S&P/Case-Shiller index of home prices for July showed that housing prices increased at a slower pace…

Pop art packs fun home décor punch
Business

Pop art packs fun home décor punch

August 29, 2014

Biaugust’s whimsical pony chair is upholstered in black fabric and offers clever seating.Mollaspace/Associated Press Eye-catching, graphic, often tongue-in-cheek or sassily whimsical, pop art décor plays well off the vintage vibe…

Home sales revolve around appraisals
Business

Home sales revolve around appraisals

August 29, 2014

Sichelman Such is the case whether the property in question is a single-family house in the suburbs or a $200 million office tower in the city. “Nothing happens in real…

Bank of America settlement may benefit few
Business

Bank of America settlement may benefit few

August 29, 2014

FILE – This Tuesday, Jan. 14, 2014 file photo shows a Bank of America sign in Philadelphia. Officials familiar with the deal say Bank of America on Wednesday, Aug. 20,…

Understanding general terms of sales contract
On Real Estate

Understanding general terms of sales contract

August 29, 2014

In our state, real estate contracts are more buyer-friendly. Included in a standard real estate contract is a “liquidated damages” clause, which says that the most the buyer will lose…

Sales of U.S. new homes fall in July
Business

Sales of U.S. new homes fall in July

August 25, 2014

A 36-floor high rise condominium is under construction in Miami. The Commerce Department said the housing sector is continuing to struggle as new home sales fell 2.4 percent in July.Alan…

Existing home sales up for 4th consecutive month
Business

Existing home sales up for 4th consecutive month

August 22, 2014

Sales rose 2.4 percent to a seasonally adjusted annual rate of 5.15 million and have increased for four consecutive months, the National Association of Realtors said Thursday. The total slightly…

Decorating touches help retreats sparkle
Business

Decorating touches help retreats sparkle

August 22, 2014

“You love that place, that’s why you’re there. That’s the place you want to go to relax,” says Dallas interior designer Jan Showers, author most recently of Glamorous Retreats. “You…

Fannie Mae sees lower home sales in 2014
Business

Fannie Mae sees lower home sales in 2014

August 22, 2014

FILE – In this Aug. 8, 2011, photo, the Fannie Mae headquarters is seen in Washington. Fannie Mae reports quarterly financial results on Thursday, Aug. 7, 2014. (AP Photo/Manuel Balce…

Cortez company retools for rentals
Business

Cortez company retools for rentals

August 22, 2014

Xtrov Realty is a Cortez company that launched after the housing bubble burst. The Xtrov team includes, from left, Art Ewing, Vonnie Robinson, Katherine Chaffin, Betty Cirbes, Brenda Hindmarsh and…

Improving market luring would-be brokers
Business

Improving market luring would-be brokers

August 22, 2014

With 67 condo towers being built in South Florida, a pace not seen since the housing crash of 2007, such a payday seems more than possible to Grandy’s students, despite…

Choosing the right broker is important
On Real Estate

Choosing the right broker is important

August 22, 2014

There is a significant difference in the competency level between the best, average and weak practitioners. Interviewing three or more brokers before you commit is the best way to ensure…

Why Bank of America deal might not cost it $17B
Business

Why Bank of America deal might not cost it $17B

August 20, 2014

Bank of America reportedly reached a record $17 billion settlement with federal and state authorities Wednesday over its role in the sale of mortgage-backed securities in the run-up to the…

Home construction rises 15.7% in July
Business

Home construction rises 15.7% in July

August 19, 2014

A builder works on the construction of new homes in Belmar, N.J. U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that…

Homebuilder confidence up two points in August
Business

Homebuilder confidence up two points in August

August 18, 2014

A construction worker carries a sheet of plywood at the site of a 36-floor high-rise condominium in Miami. The National Association of Home Builders says builders are more confident that…

Is your home situated in a flood plain?
On Real Estate

Is your home situated in a flood plain?

August 15, 2014

In researching these regulations, I had a very informative meeting with Butch Knowlton, director of the Building Department and director of Emergency Management. As it turns out, Butch also wears…

Welcome home
Business

Welcome home

August 9, 2014

houses tout that perfect place for buyers

Can you afford to buy a home?
On Real Estate

Can you afford to buy a home?

August 9, 2014

Mike and Judy Malone Working out a monthly household budget will be helpful to determine the monthly payment that comfortably fits your budget. Consider pre-qualification. While it doesn’t give you…

Year-over-year U.S. home prices slowing
Business

Year-over-year U.S. home prices slowing

August 8, 2014

Home prices were up 7.5 percent in June, the lowest year-over-year increase in nearly two years.Michael Dwyer/Associated Press Data provider CoreLogic said that prices rose 7.5 percent in June compared…

Durango elevator traps 9 brokers
Local News

Durango elevator traps 9 brokers

August 6, 2014

Durango Fire Protection District’s Lou Vito, left, Sean Schmida, second from right, and Jen Sokol, right, free passengers from an elevator that became stuck Wednesday morning at 1201 Main Ave.…

U.S. home price gains slow for 6th straight month
Business

U.S. home price gains slow for 6th straight month

August 2, 2014

Yearly price gains slowed in 18 of the 20 cities. They accelerated in Charlotte, North Carolina, and were flat in Tampa, Florida. Home prices soared last fall and winter but…