Tag: real estate

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Rising Rates for Tenancy

Homebuyers have undoubtedly been affected by the housing shortage, which has pushed more people into the rental market along with the typical number of renters. However, rental prices are not much tamer than the record setting highs to purchase a home. From a Realtor.com study released on December 16, 2021, they found that, “November marks…
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November 2021 DAAR Numbers

                                                          The Durango Area Association of Realtors releases monthly statistics for La Plata County so we can track the activity and mark the changes, key metrics, and…
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November 2021 Monthly Marketplace Numbers

With just the remainder of this month left in 2021, the real estate market is still hot. Monthly statistics help us highlight key metrics and trends to understand where the market has been and is headed. La Plata County has seen another very busy year like 2020. November had 125 sales bringing 2021 up to…
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Home Gyms

The benefits of exercise surpass just having abs and pecs. As Covid limited gym entrances and the safety of sharing equipment with others, many gym-goers turned the spare bedroom into their own workout room. To aid this change, many personal trainers, yoga teachers, and app developers took advantage of technology to be able to still…
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3D Printed Homes

3D Printers have been utilized for many purposes through the years dating back to the 1980s in Japan. Models for consumer use are generally small enough to sit on home desks while companies have recently created a printer large enough to create structure walls for homes with them. Since the pandemic, an increased demand for…
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October 2021 DAR Numbers

The Durango Area Association of Realtors provides us with monthly reviews of the activity in La Plata County. With these statistics, we are able to identify trends and key metrics in the real estate market. La Plata County saw a 35% decrease in new listings and a 30% decrease in sales from October 2020; last…
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October Marketplace Numbers 2021

Every month we get a statistics breakdown of the prior month’s real estate market activity so we can look at key metrics and review what’s been happening. October saw a lot of movement in properties while median and average sales prices are still on the rise. In La Plata County, 130 properties were sold in…
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Staging For Sale

Home staging can range from decluttering and reorganizing to adding homey touches or completely furnishing a house. An agent will help you decide what is best for your property based off the vacancy, layout, and your wants. No matter the level of staging, having the extra aesthetic boost has been proved to sell your home…
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Inflation Impacts

The real estate market has gone in ways nobody expected it to with attributes affected by multiple factors including the COVID-19 pandemic which cascades down through the supply chain in addition to record low interest rates for mortgages in the US. Would any normalization in the production line or increase in the price of homeownership…
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The Wells Group September 2021 Statistics

September was another great month in the local real estate market! The month had 134 sales in La Plata County for a year-to-date total of 1,067. 2020 ended with 1,449 sales and it looks like we’re on track to meet that goal. The average sales price is $664,760 which is about $136,000 higher than in…
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