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

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2 key senators agree on Fannie-Freddie overhaul

WASHINGTON – A plan to phase out government-controlled mortgage giants Fannie Mae and Freddie Mac and instead use mainly private insurers to backstop home loans has advanced in Congress. The plan...

DATE: March 15, 2014 | CATEGORY: Business

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Right at home: Bright ideas for outdoor furniture

Earthy hues that blend into the landscape tend to dominate the outdoor furniture market. Understated woods, metals and cushions are easy-to-incorporate neutral elements. But outdoor spaces also...

DATE: March 15, 2014 | CATEGORY: Business

Who owns Main?

Downtown Durango attracts thousands of tourists each summer who come for its abundant shopping, dining and Old West charm. The area generates a third of sales-tax revenue in the city, more than any...

DATE: March 8, 2014 | CATEGORY: Local news

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U.S. home prices rose at solid pace in January

WASHINGTON – U.S. home prices rose in January after three months of declines as a tight supply of properties likely supported prices despite slower sales. Real estate data provider CoreLogic said...

DATE: March 8, 2014 | CATEGORY: Business

Expired tax credit costs homeowners

WEST PALM BEACH, Fla. – Attorneys are predicting a rash of bankruptcies and a prolonged foreclosure morass if an expired tax exemption for homeowners isn’t restored by Congress. The Mortgage Debt...

DATE: March 8, 2014 | CATEGORY: Business

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Knock it down, build it up

T he sound of saws whirring and hammers knocking is echoing around downtown Durango this spring as builders knock down, rebuild and remodel residential homes. Strong demand for downtown homes is...

DATE: March 8, 2014 | CATEGORY: Business