Tag: real estate

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February 2021 Numbers

Two full months into the New Year and real estate transactions in La Plata County are staying steady and showing great promise for a very busy spring ahead in the real estate world. The February numbers did not jump notably from the January numbers, however for this time of year these numbers are significantly higher…
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Booming Spillover Markets

This last year brought an unexpected increase in real estate transactions and eagerness in buyers that created a scenario for sellers to get multiple offers the day their house hit the market. In larger metro areas where inventory is down and home prices are on the rise we are seeing folks who would be interested…
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January 2021 Numbers

This week, we have the latest real estate numbers for La Plata County for the month of January. The below charts show a detailed breakdown of several market segments in La Plata County, showing La Plata County as a whole, Durango In Town, Durango Rural, Bayfield In Town, Bayfield Rural, Ignacio In Town, Ignacio Rural,…
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Winter Maintenance Tips

A cold front has hit the country and the winter storm is bringing some serious cold weather, unexpected ice and snow fall in places that hardly ever see weather like this. Residences in many areas of Texas woke up to a winter wonderland this week without power and many without heat. Not being prepared for…
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Update on Interest Rates

For the second straight week the mortgage rate has stayed steady at 2.73% as recent data shows that inflation remains well below the Federal Reserve’s 2.0% target. Inflation doesn’t have a direct impact on mortgage rates; however rising inflation could lead to higher bond yields. Given that the 10-year Treasury yield is the basis for…
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January 2021 Real Estate Numbers

The La Plata County residential real estate numbers for the first month of 2021 are here. They are as exciting as we had hoped they would be! We saw some of the highest numbers of sold listings in the month of December 2020 ever. Historically sales slowdown in the winter months; however, new year new…
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New Construction

We have all seen the influx in the real estate market, so it comes as no surprise to see that new build construction is at the highest level it has been in over a decade for single-family homes. With people spending more time at home folks are moving from the big city high-rises to the…
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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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