Real estate

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

When cold weather moves in, so do uninvited guests

A house with an easy way in is a port in the storm for mice, squirrels, raccoons and other rodents looking for a place to mate, nest or stash food, and some local pest control services reported...

DATE: Dec. 10, 2016 | CATEGORY: Business

So, what’s cooking in the kitchen?

Americans briefly scaled back the scope of home renovation projects after the recession began nearly a decade ago, says interior designer and “HGTV Design Star” judge Vern Yip. But even during the...

DATE: Dec. 9, 2016 | CATEGORY: Business

La Plata County weighs office space options

La Plata County officials are examining the most cost-effective ways to expand the county Road and Bridge Department offices on U.S. Highway 160, a project estimated to cost $750,000 in capital...

DATE: Dec. 7, 2016 | CATEGORY: Local News

Bureaucracy can impact home prices

Rising home prices are a signal to builders: As housing gets more expensive, it’s time to create more of it. Then as new buildings rise, the competition for scarce housing falls. And that keeps...

DATE: Dec. 4, 2016 | CATEGORY: Business

U.S. home prices surpass pre-recession peak

WASHINGTON – U.S. home prices have fully recovered from their steep plunge during the housing bust and Great Recession, according to a private measure. The Standard & Poor’s CoreLogic Case-Shiller...

DATE: Dec. 4, 2016 | CATEGORY: Business

Texas, California sending many new residents to Colorado

Newly published data by the U.S. Census Bureau indicates La Plata County’s largest pool of migrants continues to come from other parts of Colorado and nearby states. The American Community Survey...

DATE: Dec. 3, 2016 | CATEGORY: Business

Residents explore solutions to housing shortage

Nico Foster and his wife have been hunting for a house in Durango for several months, and while they want to stay in town, they have thought seriously about moving to Mancos. “We feel this town is...

DATE: Dec. 1, 2016 | CATEGORY: Local News

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