Durango-area real estate posted nearly across-the-board gains during a busy summer marked by higher-priced sales and increased transactions. Homes in unincorporated La Plata County sold at a brisk pace, with 805 transactions, a 32 percent jump from the same period a year earlier. The median price of homes sold increased a modest 2.67 percent to […]
Americans are in a buying mood, thanks largely to the housing recovery. The latest sign emerged Tuesday as the Standard & Poor’s Case-Shiller home price index posted the biggest gains in seven years. Housing prices rose in every one of the 20 cities tracked, continuing a trend that began three months ago. Similar strength has appeared […]
Inventory low, demand and prices rising t’s still a buyers market, but buyers soon will be hard-pressed to find a home as inventory in the county decreases to the lowest rate in five or six years. That was the message at the 13th annual Real Estate Forecast on Wednesday night. Inventory is down nationwide, and […]
According to the Durango Herald, the overall outlook has improved during the 4th quarter of 2009. Both pricing and home sales rose during the last quarter, with a 61% increase in sales volume. Some people are even speculating that we have already hit bottom and are on the way out. Click here to read more.
Below is another article from the NAHB suggesting that 2009 is going to be the year things start to rebound. Of course we never know the market is at the bottom until the it starts coming back up… but this article brings up some interesting points. In Durango right now, we are seeing favorable conditions for buyers. Interest rates are […]
This one is for all you real estate brokers out there! Kogan Builders is hosting the next Eco Broker meeting here at our office on Thursday March 19th at 8:30 a.m. If you are interested in learning more about green building, please join us for this meeting. You do not need to be Eco Broker […]