Forest Service puts vacant land in Animas Valley out for bid

Let the bidding begin on an estimated 20 acres of prime undeveloped U.S. Forest Service land in the Animas Valley. A few years ago, the Forest Service announced its intent to sell the mostly...

DATE: June 24, 2019 | CATEGORY: Local News

How to find financing help if you’re a self-employed buyer

The ability for the self-employed to secure financing has always been a challenge. There are two primary reasons for this. Self-employed buyers typically are very conservative when reporting their...

DATE: May 5, 2019 | CATEGORY: On Real Estate

US home prices rose 3% year over year in February

WASHINGTON – U.S. home prices increased at a slower pace in February, a sign that several years of outsized gains in home values have created affordability challenges in many metro areas. The S&P...

DATE: May 2, 2019 | CATEGORY: Business

La Plata County real estate values see slight increase

The median value of homes in La Plata County increased by 0.5% in the first quarter of 2019 compared with the same period last year, powered in part by a more than 20% increase in median value for...

DATE: April 17, 2019 | CATEGORY: Local News

Fun Center moving into Shooters’ World space

A business move is set to happen in the next month in Cortez, when the Dolores-based Fun Center moves into the space that has been occupied by Shooters’ World. The move comes as Shooters’ World...

DATE: April 5, 2019 | CATEGORY: Business

Durango train purchases building, prompting two businesses to relocate

Durango Smoke Shop, a mainstay downtown business, will relocate this summer after the Durango & Silverton Narrow Gauge Railroad purchased a downtown building to consolidate offices. The railroad...

DATE: March 28, 2019 | CATEGORY: Business

Tourism boosts homes sales, real estate experts say

A good snowpack not only helps Purgatory Resort, spring rafters, farmers and ranchers, it helps Realtors, too. “Farmers say we need about 140 percent of snowpack to get out of extreme drought, and...

DATE: March 13, 2019 | CATEGORY: Local News

Average U.S. mortgage rates fell this week

WASHINGTON – U.S. long-term mortgage rates dipped this week to the lowest average in more than a year, providing a possible boost to the start of the Spring homebuying season in March. Mortgage...

DATE: Feb. 21, 2019 | CATEGORY: Business

194 new apartments on the way in Durango

Durango’s tight rental market is about to get some relief with the gradual opening of 194 new apartments as construction finishes at Rocket Pointe apartments. Rocket Pointe, 1255 Escalante Drive,...

DATE: Feb. 17, 2019 | CATEGORY: Business

Homebuilders see a bright spot in the gloom

NEW YORK – Todd Wood sold his commercial-baking business for $120 million and weighed plans to get into real estate – then decided that most existing business models were the equivalent of...

DATE: Feb. 7, 2019 | CATEGORY: Business

Mortgage rates tumble to 10-month low

Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average...

DATE: Feb. 7, 2019 | CATEGORY: Business

County reconsiders new septic regulations

Montezuma County Commissioners are reconsidering a new regulation they previously approved that prevents nonfunctioning septic systems. The commissioners voted 3-0 to put a six-month moratorium on...

DATE: Feb. 7, 2019 | CATEGORY: Local News

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