Real estate

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

Solid new-home sales lift hopes for strengthening housing market

WASHINGTON – A surprisingly strong pace of new-home sales to start the year has boosted hopes that the spring buying season will be solid enough to lift the overall economy. Sales of new homes...

DATE: March 1, 2014 | CATEGORY: Business

Contracts to buy U.S. homes barely budged in January

WASHINGTON – The number of Americans who signed contracts to buy homes was essentially flat in January, a possible sign of a softening real estate market. The National Association of Realtors said...

DATE: March 1, 2014 | CATEGORY: Business

Lenders see write-off, ‘underwater’ homeowners face whopping tax bills

Come tax time, JPMorgan Chase will be able to write off the $1.5 billion in debt relief it must give homeowners to satisfy the terms of a recent settlement. But the homeowners who receive the help...

DATE: March 1, 2014 | CATEGORY: Business

Are vacation rentals good for Durango?

Durango already has a tight housing market, and the rising popularity of vacation rental homes isn’t helping simplify matters. Conflicts between property owners have popped up over parking,...

DATE: Feb. 26, 2014 | CATEGORY: Local News

Hillcrest complex sells for $14.5M

A Durango apartment complex has sold for $14.5 million to a California venture capital firm. Hillcrest Apartments, near Fort Lewis College and Hillcrest Golf Club, is Durango’s largest apartment...

DATE: Feb. 21, 2014 | CATEGORY: Local News

A seller’s market

Matt Jones and Andrea Nachtrieb purchased a 1,200-square-foot home in 2007 for $350,000. Several years and two children later, they believe now is the right time to upgrade to a larger home, they...

DATE: Feb. 4, 2014 | CATEGORY: Business

Average Durango rent approaching $1,000

Rents in Durango soared in 2013 amid a paucity of available rental properties. The average rent jumped 15 percent to $989 a month, up from $863 in 2012. The vacancy rate fell to 1.5 percent, down...

DATE: Feb. 1, 2014 | CATEGORY: Business

County home sales jump in 2013

The numbers are in, and they show that La Plata County’s real estate market made a large jump in activity in 2013. There were 1,036 homes sold last year, a 24 percent increase compared with the 834...

DATE: Jan. 19, 2014 | CATEGORY: Local News

Purgatory wins subdivision approval

Purgatory at Durango Mountain Resort on Tuesday won permission from La Plata County commissioners to subdivide lots at Purgatory Village, a step toward future development. The subdivided parcels...

DATE: Jan. 6, 2014 | CATEGORY: Local News

Fewer homes repossessed by lenders in October

LOS ANGELES – Fewer U.S. homes are completing the foreclosure process and ending up repossessed by banks because investors increasingly are buying up properties when they go on sale at public...

DATE: Nov. 16, 2013 | CATEGORY: Business

Housing alliance fills gap

A close-the-gap loan from the Regional Housing Alliance of La Plata County is about as convenient a way as there is for a borrower to come up with that last bit of funding needed to get into a...

DATE: Nov. 5, 2013 | CATEGORY: Local News

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