Living in luxury

Welcome to “MTV Cribs,” Durango. La Plata County has a handful of luxury homes – valued at $1 million and up – that are listed in the market’s top 10 percent, said John Wells, owner-broker with The...

DATE: March 22, 2014 | CATEGORY: Business

Existing-home sales in U.S. slip to 19-month low

WASHINGTON – Sales of U.S. existing homes slipped in February to their lowest level since July 2012 as severe winter weather, rising prices and a tight supply of homes discouraged buyers. The...

DATE: March 22, 2014 | CATEGORY: Business

Forecast predicts increased home sales

A historically low inventory of homes for sale continues to be the greatest factor constraining the Durango real estate market, industry officials said Wednesday at The Wells Group’s annual real...

DATE: March 22, 2014 | CATEGORY: Business

It’s never too early to plan how you can finance home

Although March seems early for spring, the signs are here – crocus and daffodils in bloom, calves and lambs romping in greening pastures. “For sale” signs popping up and, although local builders...

DATE: March 22, 2014 | CATEGORY: Business

New U.S. home sales fell 3.3% in February

WASHINGTON – Fewer people bought new U.S. homes in February. Sales fell to their slowest pace in five months, a sign that the housing market has yet to recover fully from the brutal winter weather....

DATE: March 29, 2014 | CATEGORY: Business

Spring’s the time to clean walls

Walls can get dirty before you know it – from a splatter of spaghetti dinner to the crayon artistry of a roaming toddler to fingers simply reaching for a light switch. It’s easy to pass by walls...

DATE: March 29, 2014 | CATEGORY: Business

Low inventory twists market

Real-estate agents around town have a recurring complaint: They simply don’t have enough houses to sell. Housing inventory on the market is near record lows, real estate analyst Bob Allen told...

DATE: March 29, 2014 | CATEGORY: Business

Will mortgage rule stall housing recovery?

The federal Consumer Financial Protection Bureau’s new qualified mortgage rule may curb housing demand by restricting mortgage credit access. Basic tenets of the rules can be confusing. Near term,...

DATE: March 29, 2014 | CATEGORY: Business

Townhomes rise around Durango

Townhomes are springing up at Elements at Edgemont Highlands. The development off Florida Road is part of a boom in townhome construction around Durango. Plans call for 32 townhomes at Elements....

DATE: April 4, 2014 | CATEGORY: Business

RHA offers down payment programs

Now’s a great time for local working families looking for some financial assistance to buy their dream home. The Regional Housing Alliance of La Plata County — with the help of local banks and...

DATE: April 5, 2014 | CATEGORY: Business

In spite of slowing sales, home prices rose in February

WASHINGTON – U.S. home prices rose in February from a year earlier at a solid pace, suggesting that a tight supply of available homes is boosting prices despite slowing sales. Real estate data...

DATE: April 5, 2014 | CATEGORY: Business

Improving U.S. home market still facing obstacles

WASHINGTON – Entering the 2014 spring buying season, the U.S. housing market faces an unusual dilemma: Too few people are selling homes. Yet too few buyers can afford the homes that are for sale....

DATE: April 5, 2014 | CATEGORY: Business

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