Real estate

Pending home sales tumble in November

WASHINGTON – Fewer Americans signed contracts to buy homes in November. The decrease likely reflects the drag caused by rising mortgage rates and the shallow inventory of properties on the market....

DATE: Jan. 1, 2017 | CATEGORY: Business

Inventory, interest rates top real estate concerns for 2017

The past year for La Plata County real estate was a steady one in sales, a slow one for in-town builds and a diverse one for new and advancing projects. For the first time, partially because of...

DATE: Jan. 1, 2017 | CATEGORY: Business

Mortgage rates continue to rise

Buying a home has gotten much more expensive lately as mortgage rates’ rise continues unabated. Home loan rates have been on a tear the past eight weeks, climbing to heights not seen in more than...

DATE: Dec. 25, 2016 | CATEGORY: Business

D.C. hotel sale could be expensive for Trump

President-elect Donald Trump might face a financial loss should he opt to sell his Washington hotel now, complicating the possibility of a clean break from the property, which has become a flash...

DATE: Dec. 25, 2016 | CATEGORY: Business

Preparing for a winter sell

The old adage that winter freezes the real estate market has lost some credibility as buyers increasingly peruse homes online and sellers take advantage of less competition. A winter transaction...

DATE: Dec. 25, 2016 | CATEGORY: Business

Existing U.S. home sales reach highest level since February 2007

WASHINGTON – Americans bought homes in November in the fastest pace in nearly a decade. But rising mortgage rates, a deepening shortage of houses and higher prices are likely to weigh on the market...

DATE: Dec. 21, 2016 | CATEGORY: Business

Pinterest streamlines planning for home designers, decorators

Erin Treat of Durango travels a lot, which means when she plans a home improvement project, she has little time to sit down with a decorator or peruse vendors. But because of Pinterest, Treat said...

DATE: Dec. 18, 2016 | CATEGORY: Business

New home construction dips after surging in October

WASHINGTON – Builders pulled back on constructing homes in November, after ground breakings surged in October to the strongest pace in more than nine years. Housing starts fell 18.7 percent last...

DATE: Dec. 18, 2016 | CATEGORY: Business

Mortgage rates move higher

Mortgage rates carried on their steady ascent last week, moving higher for the seventh consecutive week. Home loan rates are loosely tied to long-term bond yields, which have been on an upward...

DATE: Dec. 18, 2016 | CATEGORY: Business

After decades of dads leaned back, a classic chair moves forward

Say goodbye to the dad chair. Today’s recliners are slimmer, smarter and more stylish than ever. Even La-Z-Boy, the 90-year-old brand whose name is as synonymous with classic recliners as Kleenex...

DATE: Dec. 18, 2016 | CATEGORY: Business

Homebuilder confidence at highest level since 2005

U.S. homebuilders’ confidence soared this month to the highest level in 11 years, reflecting heightened expectations of better sales now and well into 2017. The National Association of Home...

DATE: Dec. 16, 2016 | CATEGORY: Business

Renting vs. buying: What’s the best deal?

Is it better to buy or rent your home? This is a somewhat silly personal finance trope that assumes a reader is: a) living under a bridge or b) has a suitcase full of enough cash to afford a down...

DATE: Dec. 11, 2016 | CATEGORY: Business

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