Real estate

Flipping homes not as easy as advertised

Making short-term profits by buying, fixing, and selling homes is referred to as “flipping”. There are a number of books, lecturer series and TV shows devoted to the process. Potential investors...

DATE: May 19, 2017 | CATEGORY: On Real Estate

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Development begins at Edgemont Meadows

The infrastructure for Edgemont Meadows, a subdivision northeast of Durango, is going in this spring. The development along Florida Road (County Road 240) will be built in phases, and the first...

DATE: May 12, 2017 | CATEGORY: Business

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A homebuying calculator for millennials: Does that add up?

The real estate industry has spent the better part of the last decade worrying about the buying habits of millennials. Their preference for big cities, tendency to marry later, and bulging student...

DATE: May 3, 2017 | CATEGORY: Business

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Homes Fund announces new director

A new executive director will take over the Homes Fund this summer, following its shift to a regional focus on homeownership. Lisa Bloomquist Palmer will start at the Homes Fund in late May and...

DATE: April 28, 2017 | CATEGORY: Business

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Restaurants, health services, homes planned for Escalante Drive

The Arc of Spring, a metal flower, marks the spot on the corner of Escalante Drive and River Road where new shops, health services and homes will likely open in 2019. Jerry and Karen Zink are...

DATE: April 7, 2017 | CATEGORY: Business

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La Plata County real estate forecast: Growth outpaces inventory

The Wells Group annual real estate forecast for 2017 contained many well-known woes of La Plata County’s housing industry as well as a few surprises reflecting on last year’s housing climate. ...

DATE: April 1, 2017 | CATEGORY: Business

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Contracts to buy homes hit highest level since April

WASHINGTON – More Americans signed contracts to buy homes last month as warm weather and rising confidence appeared to encourage consumers to look for houses. The National Association of Realtors...

DATE: March 29, 2017 | CATEGORY: Business

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Home buyers have ways to learn about a house’s sordid history

The stigma and intrigue of “murder houses” make them common backdrops for cheap television and a trap for tourists. But selling so-called stigmatized houses, where a death – particularly a violent...

DATE: March 26, 2017 | CATEGORY: Business

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In virtual age, home buyers still like their real Realtors

Steve Murray sometimes gets together with other old-timers in the real estate industry, shares some wine and inevitably gets around to remarking, “I sure would’ve thought it would’ve changed more...

DATE: March 25, 2017 | CATEGORY: Business

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U.S. new home sales rise despite higher mortgage rates

WASHINGTON – Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home sales rose 6.1 percent month-over-month to a seasonally...

DATE: March 23, 2017 | CATEGORY: Business

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U.S. home sales slowed in February

WASHINGTON – Americans retreated from buying existing homes in February, a pullback after sales in January had surged to the fastest pace in a decade. But over the past 12 months, sales are up...

DATE: March 22, 2017 | CATEGORY: Business

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Living on Main Avenue

Main Avenue is Durango’s hub and source of nightlife. It’s one of the most expensive yet coveted places to do business. And for some, it’s a place to live. Sirens, parades and events, chatty...

DATE: March 18, 2017 | CATEGORY: Business