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WASHINGTON – U.S. long-term mortgage rates dipped this week to the lowest average in more than a year, providing a possible boost to the start of the Spring homebuying season in March. Mortgage...
DATE: Feb. 21, 2019 | CATEGORY: Business
Durango’s tight rental market is about to get some relief with the gradual opening of 194 new apartments as construction finishes at Rocket Pointe apartments. Rocket Pointe, 1255 Escalante Drive,...
DATE: Feb. 17, 2019 | CATEGORY: Business
NEW YORK – Todd Wood sold his commercial-baking business for $120 million and weighed plans to get into real estate – then decided that most existing business models were the equivalent of...
DATE: Feb. 7, 2019 | CATEGORY: Business
Fixed mortgage rates sank to a 10-month low this week amid uncertainty about the health of the economy. According to the latest data released Thursday by Freddie Mac, the 30-year fixed-rate average...
DATE: Feb. 7, 2019 | CATEGORY: Business
Montezuma County Commissioners are reconsidering a new regulation they previously approved that prevents nonfunctioning septic systems. The commissioners voted 3-0 to put a six-month moratorium on...
DATE: Feb. 7, 2019 | CATEGORY: Local News
Real estate in the Purgatory area is experiencing a delayed renaissance after taking a hit during the 2008 Great Recession. Since 2017, new construction has become a more common sight in the north...
DATE: Feb. 3, 2019 | CATEGORY: Business
Home prices in 20 U.S. cities rose in November at the slowest pace since early 2015, decelerating for an eighth straight month as buyers balk at the ever-receding affordability of properties. The...
DATE: Jan. 29, 2019 | CATEGORY: Business
A slew of factors is constraining the construction of new houses as retiring baby boomers and second-home owners who find La Plata County a desirable place to live push home prices up to levels at...
DATE: Jan. 23, 2019 | CATEGORY: Local News
Becky Logan moved into Heartwood Cohousing near Bayfield in November because she was looking for a community after years of traveling in an RV. She was drawn to cohousing by the tight-knit...
DATE: Dec. 27, 2018 | CATEGORY: Local News
Talk in Cortez business circles that the Millwood Junction restaurant in Mancos was being sold is not true, said owner Joann Riffel. A business source told The Journal on Thursday that the owner...
DATE: Dec. 19, 2018 | CATEGORY: Local News
DATE: Dec. 14, 2018 | CATEGORY: Local News
Wildland firefighter Jonathan Wegener dreamed about homeownership for about four years before recently purchasing his first home in north Animas City. For a while he hunted for a house in Mancos...
DATE: Dec. 5, 2018 | CATEGORY: Local News
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