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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

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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Ar 170109710

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