SW Colorado Real Estate News
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.
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...
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.
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...
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...
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.
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...
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.
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...
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...
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...
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...
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...
Gorgeous 13.6 acre parcel in the Horse Gulch system
Listed by Homes in Durango 4871 CR 237 $749,000 Description Welcome to 4871 CR 237, a gorgeous 13.6 acre parcel in the Horse Gulch system, complete with a newer metal building that has potential to be turned into a modern home with lots of possibilities. Located less than 9 miles from Downtown Durango and only 15 minutes to Mercy Hospital, this property features a two level, insulated 35x’x38′ metal building with double...
Meet Kris Daly of The Wells Group
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.
Durango Colorado Real Estate
Durango Colorado Real Estate durangocoloradorealestate.com and the SW Colorado Real Estate Region Meet Kris Daly Introducing the final phase of Cedar Ridge in Durango! Gorgeous 35 acre lot in Durango HEATED AND AIR CONDITIONED RETAIL SPACE OR OTHER USES Durango Area Commercial Property Search By the La Plata Economic Development Alliance FUN things to do in Durango and SW Colorado Restaurants Whatever you're...
March 2022 Statewide Statistics
Every month the Colorado Association of REALTORS® (CAR) releases statewide real estate statistics and key metrics so we can review past trends and try to see where the market is headed. In March 2022, there were 9,390 new single-family listings. The year has now totaled 21,545 new listings, of which just 195 were in La Plata County. In 2021, there were 22,355 new listings by this time. This speaks to the inventory drought, resulting...
Curb Appeal
Updating the exterior of your home can add a lot of curb appeal to your property. Realtor.com recommends these easy things to spruce up the outside look. Paint can add a fresh new cover not only your house but shed, garage, fence, and more. Picking the right color and maybe a complimentary accent color for the trim will make a world of difference. While you’re looking at the trim, see if it needs any recaulking. The front door can...
March 2022 DAAR Numbers
Comparing 2020, 2021, and 2022 1st Quarter Stats is like taking a walk through memory lane of the pandemic. While pandemic feels like a bad word, it is important when considering the impacts on real estate. Q1 2022 more closely resembles Q1 2020, rather than Q1 2021. The total number of home sales in La Plata County in Q1 2020 was 208, Q1 2021 saw 251, and Q1 2022 saw 202 units sold. This trend continues across most of the rest of the...
320 Acre property with breath-taking views
Absolutely stunning 320 acre property with breathtaking 360 degree views and ‘in your face’ La Plata Mountain views. There is approximately 160 acres in natural grasses and approximately 160 acres is heavily wooded for total privacy so you have the best of both worlds with grassy meadow areas and private forested areas. This is a spectacular property for hunting elk, deer and bears. This property is best suited for...
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