Durango Blog

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Thanksgiving 2020

As this year has been one full of ups and downs for most of us, we wanted to take some time to reflect on areas we are thankful.  Our team shares their perspectives below. I am sure it is what everyone says, but this year I am especially thankful for my family. As we have…
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Real Estate, Holidays, and 2020

The holidays are upon us, and usually real estate tends to slow down at this time of year as people focus on family and gathering together. This year, however, real estate will likely see a shift compared to previous years. Normally, we advise our clients that the holiday real estate market tends to be a…
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Holiday Donation Drives

With Thanksgiving upon us, this is the time of year most of us take some time to reflect on the areas we are thankful. It’s also the perfect time to consider helping others and serving the community. We’ve said it before, and we will reiterate again: Durango is one of the best communities in which…
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Real Estate in the News:

This week we have a roundup of real estate news and helpful or interesting articles in the real estate sphere. Interest rates hit new low, again. For the 12th time this year, mortgage rates hit a record low. According to Realtor Magazine, “The 30-year fixed-rate mortgage fell to an average of 2.78%, the lowest ever…
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Veterans Day 2020

This week is Veteran’s Day. Wednesday November 11 is the day recognized as the day to honor and celebrate veterans. Do you know the history of the holiday? According to the VA website, “An Act (52 Stat. 351; 5 U. S. Code, Sec. 87a) approved May 13, 1938, made the 11th of November in each…
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Real Estate Transactions for October 2020

This week we have the latest numbers for La Plata County residential real estate. While not a surprise based on the level of activity we’ve seen this fall, we are looking at standout numbers for the month. With 202 total sales for the month of October, we have not seeing a higher number since before…
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Moab: A Weekend Adventure

One of the best things about living in Southwest Colorado is our proximity to so many adventures year-round. This time of year, as we are in that time frame between fall and winter, it’s the perfect time to take advantage of an easy trip and perhaps get a touch warmer weather. The Utah desert is…
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Pre-Qualification VS. Pre-Approval and Why the Difference is Important

The real estate market is booming right now. With low interest rates and changing consumer preferences as a result of COVID, we are seeing strong activity. If you’re looking to enter into the market, there are a few areas to consider prior to purchasing a home. In the mortgage process, the terms “pre-qualification” and “pre-approval”…
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Halloween 2020

It’s hard to believe this weekend is Halloween! We all know it’s been a crazy year and we’ve seen events and traditions canceled, but that doesn’t mean we can’t still celebrate and enjoy this special holiday. The Durango Elks Lodge will be hosting a contest for decorated businesses and homes, “Nightmare on Elk Street Decorating…
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The Power of the Interest Rate

If you’ve been following real estate news recently, you’ll notice interest rates have been at historic lows. In fact, this year we have seen some of the lowest numbers on record with interest rates. As a homebuyer, this is a significant trend, and an area to consider if you’re looking at purchasing, especially your first…
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