Tag: real estate

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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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September 2021 DAAR Numbers

                                  The Durango Area Association of Realtors compiles reports comparing the real estate activity in 2021 to 2020 so that we can look at key metrics and statistics. In September, La Plata County saw 85 new single family home…
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Natural Disasters in the Real Estate Market

In light of Hurricane Ida, natural disasters make a huge mark on civilization in a detrimental way. Sadly, this enormous storm caused seemingly irreversible damage to cities from Louisiana and Mississippi up to New York and New Jersey. How can we learn and prepare from these terrible events to reduce loss or property and life…
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August 2021 DAAR Numbers

Durango Area Association of Realtors put together the local market update for us to see the trends and compare key metrics to 2020. We will be looking at single family homes as well as townhouses/condos in La Plata County for listings, sales prices, days on the market until sale, and inventory. La Plata County had…
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The Wells Group August 2021 Numbers

Last month’s activity reports have been compiled and released for us to be able to review the movement and trends in La Plata County real estate market. Here we will highlight key metrics that we see happening as well as compare August 2021 to years past.   August 2021 added 124 property sales to the…
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Breaking Down Down Payments

A down payment plays in to buying real estate often before the buyer even begins looking at available homes. Generally, it is an amount that the buyer saves up reaching some percentage of the sales price, varying on the type of home desired. The percentage is determined by the type of mortgage chosen and what…
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Marketplace Numbers July 2021

The Wells Group released La Plata County year-to-date statistics and July did not disappoint. Last month there were 149 properties sold, making 807 the new total from January 1, 2021 through July 31, 2021. While there were less sales in July 2021 than July 2020, the year-to-date sales total is 167 more than last year.…
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Solar Power

In Durango the month of June averages 14.7 hours of daylight. That’s a lot of energy that can be produced naturally! With solar panels, you can transform these rays into power for your house. The device most popular for residential use are photovoltaic (PV) panel which convert sunlight into electricity. The PV cells absorb the…
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