Real estate

Understanding pre-qualification and pre-approval

In the home-buying process, the majority of conversations tend to revolve around mortgage interest rates and capitalizing on the low rates. This makes sense, as current interest rates are around or...

DATE: June 6, 2014 | CATEGORY: On Real Estate

Setting price determined by variety of factors

It can be extremely difficult to put a value on someone’s home for several reasons. The most important and problematic is emotions. Homes are filled with memories and generally have been tailored...

DATE: May 31, 2014 | CATEGORY: On Real Estate

Real estate agent’s drone offers bird’s-eye view

PEORIA, Ill. (AP) – Real estate agent Mark Monge has found a new way to add a lift to his house pictures: He’s using a drone. Monge, who sells homes with wife Jennifer for Jim Maloof Realtor in...

DATE: May 31, 2014 | CATEGORY: Business

Home equity loans pick up, but slowly

Home equity loans, which helped fuel Americans’ prerecession spending binges, are climbing out of a prolonged slump as home prices rise. But don’t expect them to drive consumer purchases as they...

DATE: May 31, 2014 | CATEGORY: Business

U.S. home prices rise at slower rate in March

WASHINGTON – U.S. home prices rose in March, but the gains are decelerating as fewer Americans can afford to buy. The Standard & Poor’s/Case-Shiller 20-city home price index rose 12.4 percent in...

DATE: May 31, 2014 | CATEGORY: Business

Home decor inspired by creepy crawlies

Many would agree with naturalist David Attenborough that nature “is the greatest source of visual beauty.” And that includes the creepy crawlies: From snakes’ skins to the intricate physiology of...

DATE: May 31, 2014 | CATEGORY: Business

$1 million land transaction closes

A Discount Tire store will be coming to Durango after a local church sold a $1 million parcel near Walmart. New Hope Durango sold the 1.3-acre tract to Halle Properties LLC of Arizona. Discount...

DATE: May 31, 2014 | CATEGORY: Business

Tips to help move slow-moving home

By Ellen James Martin the Pueblo Chieftan Like the U.S. economy as a whole, the real estate market is supposed to be recovering. And many neighborhoods now are experiencing a shortage of available...

DATE: May 30, 2014 | CATEGORY: On Real Estate

If you’re looking to buy, time is not on your side

Most of us put off important things. Procrastinating homebuyers were rewarded for waiting with decreasing interest rates and lower home prices until last year. However, going forward, you will pay...

DATE: May 24, 2014 | CATEGORY: On Real Estate

U.S. home sales rose 1.3 percent in April

WASHINGTON – Sales of existing U.S. homes rebounded slightly in April, but the pace of buying remained below last year’s level. The National Association of Realtors said Thursday that sales rose...

DATE: May 24, 2014 | CATEGORY: Business

Middle class getting priced out

Rising home prices and stagnant incomes are pushing homeownership beyond the reach of middle-class Americans in more cities, a new study found. In 20 of the 100 largest metro areas, a majority of...

DATE: May 24, 2014 | CATEGORY: Business

FICO score a measure of creditworthiness

The FICO score is the best-known and most widely used credit-score model in the United States. First introduced in 1989 by Fair, Isaac and Company, the system was designed to create consumer credit...

DATE: May 24, 2014 | CATEGORY: Business

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