Real Estate

Existing-home sales in U.S. slip to 19-month low
Business

Existing-home sales in U.S. slip to 19-month low

March 22, 2014

The National Association of Realtors said Thursday that sales declined 0.4 percent last month to a seasonally adjusted annual rate of 4.6 million. That was the sixth decline in the…

Right at home: Bright ideas for outdoor furniture
Business

Right at home: Bright ideas for outdoor furniture

March 15, 2014

But outdoor spaces also offer the chance to be more adventurous than we are inclined to be indoors. Maybe bolder balconies and peppier patios on your redecorating radar? “Vibrant color…

What’s for rent?
Business

What’s for rent?

March 15, 2014

Finding a rental property can be tough – and expensive – in Durango

2 key senators agree on Fannie-Freddie overhaul
Business

2 key senators agree on Fannie-Freddie overhaul

March 15, 2014

A fight is likely over a proposal to do away with Fannie Mae and Freddie Mac, two government-controlled agencies that own or guarantee nearly half of all U.S. mortgages and…

Diversity of buyers drives local market
On Real Estate

Diversity of buyers drives local market

March 15, 2014

But, like other areas, Durango’s inventory is soft because of inactivity in building over the past several years, making the real estate supply thinner – despite significant building recoveries in…

U.S. home prices rose at solid pace in January
Business

U.S. home prices rose at solid pace in January

March 8, 2014

Home prices remain about 17 percent below their peak in April 2006, according to real estate data provider CoreLogic. Average U.S. home prices rose in January, the first increase in…

Expired tax credit costs homeowners
Business

Expired tax credit costs homeowners

March 8, 2014

The Mortgage Debt Relief Act, which expired Jan. 1, allowed borrowers whose banks forgave unpaid loan amounts from a short sale, foreclosure or principal reduction to not count that money…

Common winter hazard: Frozen pipes in home
Business

Common winter hazard: Frozen pipes in home

March 8, 2014

This winter has been brutal for some Americans in the North, and freezing weather can mean costly plumbing repairs if homeowners don’t take proper precautions to protect their water pipes.Mark…

Fewer homes repossessed by lenders in October
Business

Fewer homes repossessed by lenders in October

November 16, 2013

The trend reflects a growing appetite among investors for buying homes before they exit the foreclosure process and end up on the market. A total of 37,775 homes nationwide completed…

Middle-class buyers see fewer affordable homes
Business

Middle-class buyers see fewer affordable homes

October 12, 2013

Real estate tracker Trulia is reporting that homes are becoming less affordable for more middle-class buyers in many parts of the country.Gregory Bull/Associated Press In 14 of the top 100…

Speak out Tuesday against ADU proposal
Letters to the Editor

Speak out Tuesday against ADU proposal

October 12, 2013

3) The argument that we need affordable housing right downtown has no merit because Durango has a great public transportation system. Everyone can’t live in the historical district. There are…