Things are picking up some. Durango remains very popular. There were actually three closing over $1M last week! Here’s a link to all closed deals in the last 10 days.
You will notice is that none of them are very far off the asking price. If you are looking for the screaming deals, it’s not that [...]

Docusign and Durango Real Estate
Last week an investor client of mine told me about how her agent in Denver used docusign and how easy it is.  I thought it sounded great so I immediately signed up for it. I’ve done three offers with it and I’m sold (no, I do not work for docusign)! What a great [...]

Here are a few fun things to do in Durango that don’t take much time to enjoy…
Walk: The River Trail – Hike “Trails 2000″
Visit: “Old Town” Durango Historic Downtown
Train Museum
Fun: Drive the  San Juan Skyway
Ride the Silverton Train
Ice Skating 375-7395 for open times
Swim: Durango Recreation center 375-7300
Trimble Hot Springs 247-0111
Tour: Mesa Verde National Park
The [...]

As you might have guessed, foreclosures and bankowned homes are on the rise in Durango, see today’s Durango Herald article.
This is a sad development for the families and homeowners. If you know anyone in this predicament, please tell them there is a free legal service that can help avoid foreclosures in Colorado. 4 our of [...]

This is the week to buy!!!!
Getting a little chilly out.  These 40 degree temperatures remind us of the snow just around the corner.  In the winter it can be harder to sell your home.  Most people end up taking their homes off the market for the winter and renting them out to gain some income [...]

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What’s new in the Durango real estate market with the changing of the season…and winter just around the corner?
* What has sold in the last week?
4 Homes have sold in the last week. 1 was in town, the other 3 were in rural areas of Durango.
-The average sold price: $369k.  (gone up from last week)
-Average [...]

A couple of days ago the Durango Herald published an article on short sales and what to do if you need to sell but your home is worth less than what you owe on it. One option is something called a “short sale.”
And don’t let the name fool you. This type of sale is complicated [...]

 The 3rd Quarter statistics are out, as expected, Durango is seeing a decline in sales price, though not as high as other areas. Sales are picking up a bit again, not so much in the statistics but definitely in the sales pending numbers, which is an excellent indicator for future sales. I expect the sales [...]

  Buying a property at Foreclosure Auction
  A. Find a property you like
1)Look through Durango Herald public notices, published every Thursday. www.durangoherald.com 
2)Websites – like foreclosure.com and foreclosures.com, trulia.com, often not up to date or accurate, some have pictures
3)Best – check Durango Public Trustee’s website: http://ptforeclosures.laplata.co.us/index
  B.Research, Research, Research
1)Buying a foreclosure is risky business, doing proper [...]

I recently held a little seminar on “How to buy a foreclosure property in Durango” at our local Durango Real Estate Investor’s chapter, called IRIN Durango. We meet once a month on Thursday evenings to trade information and listen to a speaker. For more informationon this group click here.
I will share with you my brief [...]