U.S. homebuilder sentiment surges to 12-year high in March

U.S. homebuilders are feeling more optimistic about their sales prospects than they have been since the high-flying days of the housing boom. The National Association of Home Builders/Wells Fargo...

DATE: March 15, 2017 | CATEGORY: Business

For millennials ready to buy a home, the pickings are slim

For years, millennials looked at owning a home as a distant fantasy. Student debt and a weak job market seemed to conspire to keep this generation stuck in their parents’ basements, if not...

DATE: March 11, 2017 | CATEGORY: Business

La Plata County to upgrade energy efficiency codes

La Plata County’s energy efficiency codes for residential and commercial buildings are expected to make a significant leap this year, increasing current efficiency standards by about 15 percent. ...

DATE: March 11, 2017 | CATEGORY: Business

Durango City Council candidates oppose real estate transaction fees

Complex and divisive real estate transaction fees have been floated as a way to fund affordable housing in Colorado. When a simple yes or no question about them was recently posed at a Durango...

DATE: March 10, 2017 | CATEGORY: Local News

New housing scams coming on the market

Housing scams can get the best of any renter, home buyer or real estate agent, particularly in hot real estate markets, and Durango is no different. Certain rackets have been around for years,...

DATE: March 5, 2017 | CATEGORY: Business

Famous Waldorf Astoria getting makeover

NEW YORK – The word “grand” matched few hotels in the world better than New York City’s Waldorf Astoria, but this bastion of gilded splendor is now closing for two to three years for a...

DATE: March 3, 2017 | CATEGORY: Business

Why Trump’s immigration crackdown could sink U.S. home prices

In San Francisco, an Indian software engineer on a work permit canceled plans to bid on a $900,000 home. In Washington, a Brazilian nonprofit executive passed on a fixer-upper near her office. And,...

DATE: March 3, 2017 | CATEGORY: Business

U.S. home prices rise in December at fastest pace in a year

WASHINGTON – U.S. home prices rose in December from a year earlier at the fastest pace in 11 months, as prospective buyers bid against each other for a limited supply of available property. The...

DATE: Feb. 28, 2017 | CATEGORY: Business

Fewer Americans signed contracts to buy homes in January

WASHINGTON – Fewer Americans signed contracts to purchase homes last month as rising prices, higher mortgage rates and a dwindling supply of available homes appeared to frustrate many potential...

DATE: Feb. 27, 2017 | CATEGORY: Business

Not without my dog

“A bird may love a fish, but where would they make their home together?” playwright Joseph Stein famously wrote. It’s a poetic musing too familiar in Durango, where owning a pet seems almost a...

DATE: Feb. 24, 2017 | CATEGORY: Business

New home sales rise in sign of housing market health

WASHINGTON – Americans bought more new homes in January after a steep fall-off the previous month, a sign the housing market is healthy despite higher mortgage rates. New home sales rose 3.7...

DATE: Feb. 24, 2017 | CATEGORY: Business

Landlords are taking over the U.S. housing market

As rising home prices slow new home construction and demographic shifts push homeownership rates to 50-year lows, the U.S. is increasingly a country of renters and landlords. Last year, 37 percent...

DATE: Feb. 23, 2017 | CATEGORY: Business