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Ar 170139989

Pending home sales rose in December

WASHINGTON – More Americans signed contracts to buy homes in December. The increase possibly reflects more people scrambling to purchase homes as mortgage rates have been rising and increasing the...

DATE: Jan. 30, 2017 | CATEGORY: Business

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Ar 170129596

Trump stirs homebuilders’ dreams of bulldozing environmental rules

As Don Huffines sees it, Donald Trump’s election instantly made his Dallas-area pastureland much more valuable. That’s because the residential developer expects the president to follow through on a...

DATE: Jan. 27, 2017 | CATEGORY: Business

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Ar 170129605

Florida Road apartments ready for tenants this fall

A 20-unit apartment complex will be ready for lease this fall at the corner of Florida Road and North College Drive, and it’s expected to draw college students. Foundation is laid and framing is...

DATE: Jan. 27, 2017 | CATEGORY: Business

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Ar 170129660

U.S. new-home sales tumble

WASHINGTON – Americans pulled back sharply from buying new homes in December, but sales for all of 2016 were the highest since 2007. The Commerce Department said that new-home sales last month fell...

DATE: Jan. 26, 2017 | CATEGORY: Business

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Ar 170129770

Low supplies hamper existing home sales

WASHINGTON – Americans retreated from purchasing homes in December, as the number of properties listed for sale sank to its lowest level since 1999. The National Association of Realtors said that...

DATE: Jan. 24, 2017 | CATEGORY: Business

Home ownership is out-of-reach for many

Rising home prices and interest rates are making it more difficult for buyers to qualify for the home they want. Experts expect the upward trend to continue, which will push some potential...

DATE: Jan. 20, 2017 | CATEGORY: On Real Estate

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Ar 170129961

Montezuma housing prices rise, sales slip in 2016

Montezuma County home sales slipped last year, but prices rose about 5 percent because of a decreased inventory of homes, according to the Four Corners Board of Realtors. The Cortez-based board’s...

DATE: Jan. 20, 2017 | CATEGORY: Business

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Ar 170129972

Mirador phase two begins

After a decade of stalled construction, the second phase of the Mirador development, known locally as “Box on the Rocks,” began last month, with a spring completion date for the duplex being built....

DATE: Jan. 20, 2017 | CATEGORY: Business

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Ar 170119493

Apartments drive home construction up

WASHINGTON – U.S. builders ramped up home construction in December, led by a surge of apartment building, while single-family houses lagged. Housing starts jumped 11.3 percent last month, to a...

DATE: Jan. 19, 2017 | CATEGORY: Business

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Ar 170119538

Homebuilder confidence, sales outlook slips

U.S. homebuilders are feeling slightly less confident this month about their sales prospects, a pullback from December when builders’ confidence reached the highest level in 11 years. The decline...

DATE: Jan. 18, 2017 | CATEGORY: Business

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Ar 170119827

Brighten your Durango home for ‘Blue Monday,’ remainder of winter

Blue Monday – the term coined for the supposed “most depressing day of the year,” which falls on the third Monday in January – is approaching. Though Blue Monday’s origins are baseless and...

DATE: Jan. 15, 2017 | CATEGORY: Business

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Ar 170119792

Mobile homes a welcome change for more people

When Mary Ann Ridenour and Bill Ridenour became empty nesters last year, their 3,200-square-foot home suddenly seemed superfluous. As many couples at this stage of life do, the Ridenours decided to...

DATE: Jan. 15, 2017 | CATEGORY: Business