Real estate

More affordable Bayfield homes attract buyers in 2019

As the median home price in Durango crept above $500,000 in 2019, Bayfield, with its more moderate prices, witnessed an almost 49% bump in its number of sales. The increased sales activity in...

DATE: Jan. 24, 2020 | CATEGORY: Local News

Millwood Junction in Mancos will be sold again

After a few months under new ownership, the Millwood Junction restaurant in Mancos will be sold again, said Glenn McCord, who served as general manager since October. William Lapin, who owns the...

DATE: Jan. 12, 2020 | CATEGORY: Business

Median home prices up in Cortez, Montezuma County

The median sales price for a single-family home in Cortez is $212,000, up 21% year-to-date as of Sept. 31. At $244,000 in Montezuma County, the sales price is up 9.7%. The numbers come from the...

DATE: Nov. 2, 2019 | CATEGORY: Business

Average Durango home price jumps in 3rd quarter

The average price for a single-family home in Durango rose to $604,210 in the third quarter of 2019, up from $492,392 in the same quarter of 2018. But the number is a bit deceiving, according to...

DATE: Oct. 24, 2019 | CATEGORY: Local News

New ADU names make an initial appearance

Many folks in our neighborhood west of the Durango Public Library are renting ADUs. In Wyoming, where they’re a bit behind with naming, some people call them Accelerated Depreciation Units. But...

DATE: Sept. 16, 2019 | COLUMN: Action Line

Forest Service’s Trimble Lane property sells for nearly $1.7 million

An undeveloped piece of property in the Animas Valley owned by the U.S. Forest Service sold for nearly $1.7 million this week – money that will be used to fund a new office in Bayfield. Bidding...

DATE: Aug. 24, 2019 | CATEGORY: Local News

Restaurateur’s real estate firm files bankruptcy

Mondorivoli, the real estate holding company of Durango restaurateur Jean-Pierre Bleger, has filed for bankruptcy in U.S. Bankruptcy Court seeking reorganization under Chapter 11. Kenneth Buechler,...

DATE: July 22, 2019 | CATEGORY: Business

Home sales decrease in La Plata County, Durango

The number of homes sold in La Plata County and Durango continues a multi-year decline in most categories, while median and average prices appear to be plateauing, at least temporarily, according...

DATE: July 18, 2019 | CATEGORY: Local News

Spanish Trails Inn & Suites gets a remodel

Spanish Trails Inn and Suites might not seem like the most promising site for a business investment in Durango. But John Hazen, who purchased the old north Main Avenue inn in August 2018 for $2...

DATE: July 14, 2019 | CATEGORY: Business

Forest Service puts vacant land in Animas Valley out for bid

Let the bidding begin on an estimated 20 acres of prime undeveloped U.S. Forest Service land in the Animas Valley. A few years ago, the Forest Service announced its intent to sell the mostly...

DATE: June 24, 2019 | CATEGORY: Local News

How to find financing help if you’re a self-employed buyer

The ability for the self-employed to secure financing has always been a challenge. There are two primary reasons for this. Self-employed buyers typically are very conservative when reporting their...

DATE: May 5, 2019 | CATEGORY: On Real Estate

US home prices rose 3% year over year in February

WASHINGTON – U.S. home prices increased at a slower pace in February, a sign that several years of outsized gains in home values have created affordability challenges in many metro areas. The S&P...

DATE: May 2, 2019 | CATEGORY: Business

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