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

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Ar 140339996

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

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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

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Ar 140339993

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

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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

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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

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What’s for rent?

If you move to any big city you could easily find several apartment complexes around town. The rental process is simple – you walk in, ask to view a model, sign a lease or move on to a...

DATE: March 15, 2014 | CATEGORY: Business

Diversity of buyers drives local market

We hear from both Coldwell Banker’s national and international offices that real estate is once again strong with greater buyer confidence and more sales volume, which is similar locally. But, like...

DATE: March 15, 2014 | CATEGORY: On Real Estate

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Mortgage fraud a low priority for FBI

WASHINGTON – Despite its public commitment to mortgage fraud enforcement, the Justice Department did not ensure that the problem was a high-priority law-enforcement matter, an internal inquiry...

DATE: March 15, 2014 | CATEGORY: Business

Home-heating costs surge this winter in United States

If your heating bills jumped this winter, you’re not alone. They’re expected to rise in every region for every kind of fuel and nearly double for some homes in the Midwest. Despite a boom in U.S....

DATE: March 15, 2014 | CATEGORY: Business