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

Existing home sales pick up speed in U.S.

WASHINGTON – Americans shrugged off rising mortgage rates and bought existing homes in January at the fastest pace since 2007. Home sales rose 3.3 percent in January from December to a seasonally...

DATE: Feb. 22, 2017 | CATEGORY: Business

La Plata County building codes to take on tiny house provisions

La Plata County could take another tiny step toward housing diversity by considering a brand new international building code provision to address tiny house construction. “The International Code...

DATE: Feb. 19, 2017 | CATEGORY: Business

More home sale agreements falling apart

Spending months to find the perfect home in your price range, only to have your mortgage application rejected or a home inspection turn up expensive repairs, is a nightmare – one that is coming...

DATE: Feb. 17, 2017 | CATEGORY: Business