Real estate

16-home development approved by Durango Planning Commission

A proposal to build 16 townhomes on Rosemary Lane off U.S. Highway 160 near downtown Durango was approved Monday by the city’s Planning Commission. The three-story townhomes would consist of a...

DATE: June 2, 2020 | CATEGORY: Local News

Durango-area home sales strong in first quarter 2020

The median price of a single-family home in La Plata County increased by 20% in the first quarter of 2020, but the median price of a home in Durango dropped 7%, while the number of sales held...

DATE: April 26, 2020 | CATEGORY: Local News

Residence Inn by Marriott in Durango is sold

Prime Hospitality out of Fort Collins, a hotel and motel partnership, has purchased the Residence Inn by Marriott in Durango for $8.2 million. Kalpesh Patel, the registered agent with Prime...

DATE: April 22, 2020 | CATEGORY: Business

Group: Santa Fe homes on market hit record low

SANTA FE – Homes on the market hit a record low in New Mexico’s Capital amid a slowdown and the spread of COVID-19. The Santa Fe New Mexican reports the number of single-family homes on the market...

DATE: April 16, 2020 | CATEGORY: Business

Hindsight helps in making real estate forecasts: Coronavirus to play greater role than thought

Hindsight is always 20-20, and that’s even more true when you’re making annual forecasts. The COVID-19 pandemic had just become an issue internationally when John Wells, broker-owner of the Wells...

DATE: March 23, 2020 | CATEGORY: Local News

Developer reduces size of mixed-use project on East Second Ave.

A local developer made “pretty significant concessions” in recent weeks to get approval to replace a single-family home on East Second Avenue just south of College Drive with a mixed-use building...

DATE: March 15, 2020 | CATEGORY: Local News

High-dollar home sale is most in recent memory for Durango

For mere mortals looking for an affordable abode within cycling distance of downtown Durango, this might not be great news: Durango just had a home sell for $3.1 million in city limits. High prices...

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

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

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