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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
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
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
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
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
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
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
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 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
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
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
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
A home on Jenkins Ranch Road sold for $3.1 million on Dec. 31, 2019, making it the most expensive sale within Durango city limits in recent memory, according to a local real estate agent. The 7,567-square-foot home has six bedrooms, seven full bathrooms and one half bathroom, and sits on 3.81 acres.
