Tag: Real Esate

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November 2020 Real Estate Transactions

As we are nearing the end of the year the monthly La Plata County real estate numbers continue to grow and surprise us in ways we were not expecting for 2020. The charts below will show a breakdown of the different markets in La Plata County i.e.: Durango In Town, Durango Rural, Durango Mountain Area,…
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2020 Real Estate Trends

2020 brought many changes and one of those major changes was how much time we are spending in our homes. There are some real estate trends that we expect to see carry over into 2021 and most likely for years to come in the way we see our space, utilize it and change in order…
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October CAR Numbers – Standout Month!

This week, we have the latest real estate numbers for La Plata County for the month of October. Even though it was a month ago, the numbers show some fascinating trends. The below charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In…
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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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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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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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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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La Plata County Residential Real Estate Numbers for September

This week we have the latest La Plata County residential real estate transactions for the month of September. Not surprisingly, it was a standout month of transactions. With 186 total transactions, it is the highest month of any in 2020, and higher than any other September since prior to 2011. Year to date, we have…
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Real Estate in the News

This week we have the latest national real estate news headlines. Across the board, we continue to see significant market activity, even in the midst of COVID. Here are some of the articles: Home Prices Increase in 20 US Cities: We have seen historically low mortgage rates, which gives buyers more buying power, and the…
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Winter Home Preparation

It’s the time of the year where we start thinking about winter and home maintenance as we enter into the colder months. Each year, we remind our clients of some basic home maintenance tips to ensure your home is ready and prepared for winter. Remove hose from water spigot: We say this every year, but…
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