SW Colorado Real Estate News

Beautiful aspen wooded lot with great views
Dec10

Beautiful aspen wooded lot with great views

Listed by SCB and Associates 117 Long Story Road, Durango, CO $329,000.00   Description Beautiful aspen wooded lot in a perfect location near DMR, Glacier Club, Needles Store and Schoolhouse Restaurant. Great Views. Land-details MLS: 799210           ACRES: 1 For more information about this spectacular custom home visit SCB and Associates

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Elegant, custom log home located in the exclusive gated community of Windom Ranch
Dec10

Elegant, custom log home located in the exclusive gated community of Windom Ranch

399 S Windom Way, Durango, CO $9,995,000.00 Listed by SCB and Associates Description This elegant, custom log home is located in the exclusive 212 acre gated community of Windom Ranch. Situated on approximately 22 acres with an additional building site, this extraordinary, private retreat is bordered by Open Space conservation with private trails to waterfalls, access to the National Forest and views of Electra Lake and the Needle...

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The Wells Group October 2022 Statistics
Nov28

The Wells Group October 2022 Statistics

Monthly, The Wells Group compiles statistics in order to gain further understanding on the current market in relation to years past. After another busy summer, our local La Plata County real estate market is following a past trend of a slower winter season. October 2022 had 85 sales bringing this year to a total of 971. The preceding three months have all seen over 100 sales; however, it is not uncommon for less activity going into...

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Meet Carol Click of Mesa Verde Realty
Nov06

Meet Carol Click of Mesa Verde Realty

Not only am I your resort area real estate expert – I can tell you the best places to hike, fish, paddle-board, golf, dine and have a “night out”! With a full service and . . .

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Durango-area real estate prices increase in third quarter
Nov03

Durango-area real estate prices increase in third quarter

The median price for a La Plata County home was $609,750 during the third quarter of 2022. (Durango Herald file) Lack of housing inventory proves problematic for homebuyers Durango real estate prices increased during the third quarter of 2022 compared to 2021. But with an increase in sale prices, there was a decrease in the number of units sold in most areas in and around Durango, according to sales data from Durango Area Association...

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Mountain Living in Pagosa Springs, Colorado
Oct29

Mountain Living in Pagosa Springs, Colorado

Mountain Living in Pagosa Springs, Colorado Pagosa Springs is located in Southwest Colorado, nestled between the San Juan Mountains and the Weminuche Wilderness.  Pagosa enjoys more than 300 days blue skies and sunshine per year! We have four distinct seasons.  Our warmest month is July, with an average daytime high temperature at 83.1 F degrees and average low at 45.2 degrees.  Our coldest month is January, with a high of 37.9...

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GROOVY, RETRO 16 ROOM HOTEL FIRST TIME ON THE MARKET!!
Oct29

GROOVY, RETRO 16 ROOM HOTEL FIRST TIME ON THE MARKET!!

  FULLY RENOVATED CLEAN, REFRESHING, GROOVY, RETRO, 1961 16 ROOM, 18 BATH MOTEL KNOWN AS MOTEL SOCO and the POPULAR EL CAMINO LOUNGE AND MUSIC VENUE IS OFFERED FOR SALE FOR THE FIRST TIME. THE HUGE SAN JUAN MOUNTAIN VIEWS REALLY GIVE YOU A ROCKY MOUNTAIN HIGH!! This fully renovated motel, lounge and music venue is packed on a daily basis with little room to get in if you don’t get there early. Almost 7 acres of prime multi...

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MOTEL SOCO and the POPULAR EL CAMINO LOUNGE AND MUSIC VENUE
Sep06

MOTEL SOCO and the POPULAR EL CAMINO LOUNGE AND MUSIC VENUE

FULLY RENOVATED CLEAN, REFRESHING, GROOVY, RETRO, 1961 16 ROOM, 18 BATH MOTEL KNOWN AS MOTEL SOCO and the POPULAR EL CAMINO LOUNGE AND MUSIC VENUE IS OFFERED FOR SALE FOR THE FIRST TIME.

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Mortgage Rates and Home Prices September 2022
Sep06

Mortgage Rates and Home Prices September 2022

  As the housing market, locally and nationwide, boomed during the height of the Covid-19 pandemic, there has been a result of a lack of inventory. In the last couple of months, the inventory has been slowly rebuilding as have the mortgage rates. But which has impacted this fluctuation more: mortgages rates or elevated home prices? Single family home prices have increased by 17.8% (median price) from July 2021 to July 2022...

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Meet Debbie Loewen of OwnPagosa.com
Aug19

Meet Debbie Loewen of OwnPagosa.com

Two-time Realtor® of the Year and two-time Spirit Realtor® Award winner Debbie Loewen has called Pagosa Springs home since 1993, and has spent her life in the service industry. She and her husband of 30 years raised their four children to embrace and appreciate everything this community offers, including 4-H, horses, skiing and motorcycles. Playing in the river in the summer and snow tubing in the winter has always been a family favorite. Debbie and her husband are now the proud grandparents of two and could not be happier that they too will be raised in Pagosa Springs.

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BOSS HOGG’S RESTAURANT AND SALOON NOW ON THE OPEN MARKET!
Aug15

BOSS HOGG’S RESTAURANT AND SALOON NOW ON THE OPEN MARKET!

❮ ❯ featured commercial Listed by Wolf Creek Realty 157 Navajo Trail Drive, Pagosa Springs, CO $2,975,000 Description THE FAMOUS BRANDED BOSS HOGG’S RESTAURANT AND SALOON IN BEAUTIFUL PAGOSA SPRINGS, CO IS NOW AVAILABLE TO PURCHASE ON THE OPEN MARKET FOR THE FIRST TIME EVER. THIS WELL ESTABLISHED, ONE OF A KIND RESTAURANT HAS BEEN A LOCAL AND TOURIST FAVORITE FOR 30 YEARS!! The rustic log and wood accented interior, along with...

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Durango Colorado Real Estate Aug 2022
Aug13

Durango Colorado Real Estate Aug 2022

Durango Colorado Real Estate durangocoloradorealestate.com and the SW Colorado Real Estate Region   Meet Debbie Loewen Featuring Unique Pagosa Springs Properties   Secluded Pagosa estate on 35 acres SOUTHWEST COLORADO GEM with incredible MOUNTAIN VIEWS!!! BOSS HOGG’S RESTAURANT AND SALOON NOW ON THE OPEN MARKET! Durango Area Commercial Property Search By the La Plata Economic Development Alliance   FUN things to...

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Meet Deven Meininger of The Durango Team
Aug06

Meet Deven Meininger of The Durango Team

Not only am I your resort area real estate expert – I can tell you the best places to hike, fish, paddle-board, golf, dine and have a “night out”! With a full service and focused market approach, you can be assured that I’ve got you covered; not only do I know this resort area like no other, but I love and live in it too! Please be sure to call or stop by the office next time you’re up this way! I am so grateful and blessed to live in such an inspiring community, doing what I love most, sharing that appreciation with great friends, family and clients I have maintained strong relationships with over the years. This is home…. And, I look forward to working with you in finding your next home too.

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Housing correction is ‘dead ahead’
Aug03

Housing correction is ‘dead ahead’

Housing correction is ‘dead ahead,’ warns Moody’s chief economist Mark Zandi — here’s how he sees things playing out over the next several months Existing home sales showed a 5.4% decline in June from May, but prices remain elevated, according to the National Association of Realtors. The median sale price of existing homes in the U.S. set a new record high of $416,000 in June, marking a 13.4% increase from a year ago. Yet...

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Heated and Air Conditioned Retail Space or Other uses
Jul23

Heated and Air Conditioned Retail Space or Other uses

Quiet, centrally accessible, convenient & with excellent views! Drive to this office space without every having to battle downtown traffic. Great parking available. Building features a commercial elevator, air conditioning, a nice lobby and restroom. Good natural light.

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Jon Pomeroy custom designed Southwest style home with 360 degree views
Jul23

Jon Pomeroy custom designed Southwest style home with 360 degree views

Description If you are looking for privacy and spectacular views don’t miss this stunning architectural masterpiece. Jon Pomeroy custom designed this contemporary Southwest style home with gorgeous 360 degree views on 39 acres. This 5,175 SF 4BR/3.5BA home is flooded with light, elegant yet earthy and comfortable. Sandstone flooring is featured in all main living spaces. A very impressive floor to ceiling Anasazi stone...

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Rising Mortgage Rates
Jul20

Rising Mortgage Rates

Freddie Mac has released another week ending’s mortgage rates Thursday, July 14, 2022 with the 30-year fixed-rate mortgage at 5.51%. Up .21% from last week and 2.63% from one year ago, these rates are the highest they’ve been in over a decade. The 15-year fixed-rate mortgage is now at 4.67% and 5/1-year adjustable-rate mortgage is 4.35% both the highest in over a decade as well. Rates had slightly increased in 2018 and declined...

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June 2022 Marketplace Numbers
Jul13

June 2022 Marketplace Numbers

Every month, The Wells Group compiles La Plata County real estate statistics so we can reflect on trends and key metrics. Comparing the current year to years past helps us see movement in the market and provides us insight as to where it might be headed. In June 2022, there were 97 sales, closing the first half of the year with a total of 541. At this time last year there were 658 sales. Last year was a very busy year in real estate...

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I’m the chief economist for a $5.9 billion real estate data and title company. Here are 5 things you need to know about the housing market now
Jul13

I’m the chief economist for a $5.9 billion real estate data and title company. Here are 5 things you need to know about the housing market now

MARK FLEMING Housing has become increasingly unaffordable to millions of Americans — with home prices and mortgage rates continuing to rise (see the lowest rates you may qualify for now here). So – as part of our series where we ask prominent economists and real estate pros their take on the housing market now – we talked to Mark Fleming. Fleming – the chief economist for title, settlement, real estate data and risk solutions company...

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Durango Colorado Real Estate Aug 2022
Jun15

Durango Colorado Real Estate Aug 2022

Durango Colorado Real Estate durangocoloradorealestate.com and the SW Colorado Real Estate Region   Meet Debbie Loewen Secluded Pagosa estate on 35 acres   SOUTHWEST COLORADO GEM with incredible MOUNTAIN VIEWS!!!   BOSS HOGG’S RESTAURANT AND SALOON NOW ON THE OPEN MARKET!   Durango Area Commercial Property Search By the La Plata Economic Development Alliance   FUN things to do in Durango and SW Colorado Restaurants Whatever...

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