Real estate

Mortgage fraud a low priority for FBI

WASHINGTON – Despite its public commitment to mortgage fraud enforcement, the Justice Department did not ensure that the problem was a high-priority law-enforcement matter, an internal inquiry...

DATE: March 15, 2014 | CATEGORY: Business

Home-heating costs surge this winter in United States

If your heating bills jumped this winter, you’re not alone. They’re expected to rise in every region for every kind of fuel and nearly double for some homes in the Midwest. Despite a boom in U.S....

DATE: March 15, 2014 | CATEGORY: Business

2 key senators agree on Fannie-Freddie overhaul

WASHINGTON – A plan to phase out government-controlled mortgage giants Fannie Mae and Freddie Mac and instead use mainly private insurers to backstop home loans has advanced in Congress. The plan...

DATE: March 15, 2014 | CATEGORY: Business

Right at home: Bright ideas for outdoor furniture

Earthy hues that blend into the landscape tend to dominate the outdoor furniture market. Understated woods, metals and cushions are easy-to-incorporate neutral elements. But outdoor spaces also...

DATE: March 15, 2014 | CATEGORY: Business

U.S. home prices rose at solid pace in January

WASHINGTON – U.S. home prices rose in January after three months of declines as a tight supply of properties likely supported prices despite slower sales. Real estate data provider CoreLogic said...

DATE: March 8, 2014 | CATEGORY: Business

Expired tax credit costs homeowners

WEST PALM BEACH, Fla. – Attorneys are predicting a rash of bankruptcies and a prolonged foreclosure morass if an expired tax exemption for homeowners isn’t restored by Congress. The Mortgage Debt...

DATE: March 8, 2014 | CATEGORY: Business

Knock it down, build it up

T he sound of saws whirring and hammers knocking is echoing around downtown Durango this spring as builders knock down, rebuild and remodel residential homes. Strong demand for downtown homes is...

DATE: March 8, 2014 | CATEGORY: Business

In sellers market, seek help from qualified agent

The real estate market is back and active. The statistics tell us it is a sellers’ market and inventory is low, so if you have held off selling your home, now would probably be a good time to list....

DATE: March 8, 2014 | CATEGORY: On Real Estate

Dalton Ranch sold to investment company

Dalton Ranch Golf Club has been sold to an investment company based in Montrose, beginning a new era for the resort north of Durango. The sale closed Feb. 28 for $3.4 million, according to a...

DATE: March 8, 2014 | CATEGORY: Business

Common winter hazard: Frozen pipes in home

It’s a telltale sign: you turn on the faucet and ... nothing. With record cold in much of the nation this winter, many homeowners have had (or will have) to deal with pipes freezing – and then...

DATE: March 8, 2014 | CATEGORY: Business

Downtown’s iconic Day House resurrected

The Day House, one of downtown Durango’s oldest and most recognizable properties, has undergone a remarkable transformation at the hands of local developer Mark Williamson. For years, the Day House...

DATE: March 1, 2014 | CATEGORY: Business

Energy efficiency doesn’t always add value

Homeowners who install expensive solar systems and other energy-efficiency measures are not necessarily recouping their investments when they sell, a situation that energy-efficiency experts worry...

DATE: March 1, 2014 | CATEGORY: Business