Contractors seek payment for work on Trump D.C. hotel

WASHINGTON – Their employees installed plumbing, air conditioning, baseboards and crown molding in Donald J. Trump’s $212 million luxury Washington hotel. Afterward, they say, they were stiffed....

DATE: Jan. 13, 2017 | CATEGORY: Business

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Red state homes are luring young blue buyers inland

Dayton, Ohio, gave the world the Wright Brothers and the electric cash register. As recently as 1990, manufacturing jobs there were the backbone of the local economy. But in the two decades since,...

DATE: Jan. 8, 2017 | CATEGORY: Business

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Ar 170109729

What’s trending in Durango kitchen designs

If a home remodel is in the forecast for 2017, there’s a good chance it’s the kitchen, which is among the most common home improvement projects as well as one of the most lucrative when it comes to...

DATE: Jan. 6, 2017 | CATEGORY: Business

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For 40 years, presidents have spent Inauguration Eve at Blair House - will Trump?

WASHINGTON – Where will Donald Trump spend Inauguration Eve? Will he embrace tradition and stay at Blair House? Or will he opt for something grander – say, his eponymous luxury hotel just a few...

DATE: Jan. 1, 2017 | CATEGORY: Business

Mortgage rates wander higher

Fixed mortgage rates moved slightly higher this week, closing out the year with their ninth straight increase. After jumping 14 basis points – a basis point is 0.01 percentage point – the week...

DATE: Jan. 1, 2017 | CATEGORY: Business

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Pending home sales tumble in November

WASHINGTON – Fewer Americans signed contracts to buy homes in November. The decrease likely reflects the drag caused by rising mortgage rates and the shallow inventory of properties on the market....

DATE: Jan. 1, 2017 | CATEGORY: Business

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Inventory, interest rates top real estate concerns for 2017

The past year for La Plata County real estate was a steady one in sales, a slow one for in-town builds and a diverse one for new and advancing projects. For the first time, partially because of...

DATE: Jan. 1, 2017 | CATEGORY: Business

Mortgage rates continue to rise

Buying a home has gotten much more expensive lately as mortgage rates’ rise continues unabated. Home loan rates have been on a tear the past eight weeks, climbing to heights not seen in more than...

DATE: Dec. 25, 2016 | CATEGORY: Business

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D.C. hotel sale could be expensive for Trump

President-elect Donald Trump might face a financial loss should he opt to sell his Washington hotel now, complicating the possibility of a clean break from the property, which has become a flash...

DATE: Dec. 25, 2016 | CATEGORY: Business

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Ar 161229820

Preparing for a winter sell

The old adage that winter freezes the real estate market has lost some credibility as buyers increasingly peruse homes online and sellers take advantage of less competition. A winter transaction...

DATE: Dec. 25, 2016 | CATEGORY: Business

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Existing U.S. home sales reach highest level since February 2007

WASHINGTON – Americans bought homes in November in the fastest pace in nearly a decade. But rising mortgage rates, a deepening shortage of houses and higher prices are likely to weigh on the market...

DATE: Dec. 21, 2016 | CATEGORY: Business

Pinterest streamlines planning for home designers, decorators

Erin Treat of Durango travels a lot, which means when she plans a home improvement project, she has little time to sit down with a decorator or peruse vendors. But because of Pinterest, Treat said...

DATE: Dec. 18, 2016 | CATEGORY: Business