Get the inside Scoop on Durango and Durango Real Estate from the source here at Blue Ribbon Properties, Durango’s premier full service Real Estate Company. We will give you not only information on the real estate market, values, deals, bank owned properties, foreclosures, sales, rentals, lease options, but also local happenings, insider tips on Durango activities, stories and all kinds of other interesting tidbits on us and our area.
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Hello Friends, It’s that time of year again, Daylight Savings! When? This Sunday, March 14th at 2:00 am Spring forward, Fall back… so be sure to turn your clocks forward 1 hour on Sunday night. Does this mean it’s finally Spring? Could someone please inform the weather man it’s Spring now and to start reporting signs of warmth on the horizion! Have a great weekend! – 835 Main Ave. Suite # 214 Call us or sign up for the free Market Snapshot Report to see all listings and recent sales – www.DurangoHouseValues.com. Here’s a link to our article explaining the tax credits for home buyers. First time home buyer can get up to $8000, and for the repeat home buyer up to $6500. These tax credits are due to run out on April 30th, so don’t wait, this is the time to start looking. There’s some great deals, just call or email and we’ll get you set up. – 970 247 8388 (office) Find out if your market has stabilized. Free Report. www.durangohousevalues.com or www.sanjuanhousevalues.com for Farmington and Aztec, NM Check out my blog Things are looking good, buyer are out shopping again. Seller’s not dropping too much on prices but there is light on the horizon. Here is the activity for Durango from the last 7 days. What has sold in the last week? -Average list price was $310k -Average sold price: $294k Click Here to View CMA Presentation 35 of these homes are in town. Any New listings? There are 19 new listings that have posted in the last week. 12 are in town and 7 are in rural areas of Durango. I only expect to see this # go up over the next 6 months. Click here to see new listings These statistics are only for Durango homes in town are rural areas of Durango over the last 7 days. If you would like statistics on other surrounding areas, vacant land or specific time frames outside of this criteria, just email or call, we would be happy to send the info your way! Shaheen Hangval 835 Main Ave. Suite # 214 You have your future house under contract…next you get the home inspected. You see the report and it reads in a language you don’t understand but all you can tell is it looks BAD! Ahhhh… Okay, first…Breathe. It’s okay, relax…let’s review. * Don’t worry when you read ….”appears serviceable” What does that mean? Sounds like “needs work” but actually it means from brand new to works fine. No problem there. * Another scary phrase is “Hire a licenced qualified professional” Again, relax, this does not mean “watch out the house might fall down!!” It would mean, if this is item concerns you, the inspector is not qualified to give you more info for liability purposes. If some base board needs caulk, it’s probably safe to say you don’t have to contact a general contractor, ask a handy man. Now, if there is water leaking out of the light fixtures…okay that would be a little more serious. Take each item into consideration, ask friends or family members what they think about the report and most importantly, talk to you Realtor about your options/recommendations. Sleep on it, you don’t have to make any rash decision right away, just give it some time. Take the inspection to the house and walk around seeing the items mentioned yourself. Click here to read article “Don’t freak out when you get back inspection results” * My Suggestion to sellers: When you are about to put your home on the market get a “pre-home inspection” done on your house. They typically are less than $300.00 but this is a great value being that it could save a deal involving thousands of dollars from falling through. You will already have a good idea of any issues that might scare a buyer off and you can make any appropriate changes before hand. Do keep in mind that different inspectors might find different items. If you have any other questions about the home buying process, feel free to email me or give us a call at the office. We are happy to help! Thanks for reading. Shaheen Hangval 835 Main Ave. Suite # 214 Continuing from last week, the phones are still ringing and people are putting in offers. It’s going to be a busy year. Here in Durango it’s dumping snow outside with plans to keep snowing or the next 5 days! Here is your Blue Ribbon’s Weekly Market Update:What has sold? -Average list price was $385k -Average sold price: $367k Click Here to View CMA Presentation ——————————————————————————————– 29 of these homes are in town. ——————————————————————————————– Any New listings? There are 19 new listings that have posted in the last week. 7 are in town and 12 are in rural areas of Durango. Prices range from $259k-$2.5 mil. Click here to see new listings ——————————————————————————————– These statistics are only for residential houses in Durango over the last 7 days. If you would like statistics on other surrounding areas or specific time frames outside of this criteria, just email or call, we would be happy to send the info your way! Shaheen Hangval 835 Main Ave. Suite # 214 Sign up as a “buyer” and receive market updates with new listings and sold comps in your market. Now serving Colorado and New Mexico. For Durango Area go to www.durangohousevalues.com For Farmington area got to www.sanjuanhousevalues.com – 970 247 8388 (office) Find out if your market has stabilized. Free Report. www.durangohousevalues.com or www.sanjuanhousevalues.com for Farmington and Aztec, NM Check out my blog Blue Ribbon’s Weekly Market Update: It has been busy here! As I have said in the last few weeks, the market is picking up. Many buyers are starting to call and ask all the right questions, sellers calling asking “what do I need to do to sell my house?” Not a full market recovery but there are irons in the fire and it’s going to be a good year for selling and buying. I have never been so busy in the middle of winter! Many sellers are still sticking to their prices and many buyers are looking for a good deal. The most challenging time for the deals that are under contract is the inspection period, buyers can be skidish are ready to back out on the drop of a dime. My advice, take it one step at a time, breathe, and don’t loose sight of your original goal. Evaluate each detail on the true level imporantce and compare it to the big picture. What has sold in the last week? -Average list price was $376,900k -Average sold price: $369,000 Click Here to View CMA Presentation Anything new? Here are the 11 new listings posted since last week: 835 Main Ave. Suite # 214 We’ve got an awesome new webtool that sends you a great real estate market report either for buyers or sellers. It shows comparable sales for the past three months and all homes currently on the market in a handy map format. Here’s a sample report for Durango Home buyers. Sign up for your free report here:www.durangohousevalues.com.You’ll love it, I promise.For NM real estate reports got to www.SanJuanHouseValues.com. We’ve got a new office in Aztec! It’s at 205 Main, stop by sometime. – 970 247 8388 (office) Check out my blog Blue Ribbon’s Weekly Market Update:
What has sold?8 Homes have sold in Durango in the past week. Homes were priced from $124k-$510k. -Average list price was $289k -Average sold price: $266, Median sold price was: $225k -Average Days on market: 197 -Average sold price per square foot from these homes: $214.00 -3 homes were in town, the other 5 in rural Durango locations Click Here to View CMA Presentation
Sales Pending / Under Contract?There are currently 56 homes in Durango with pending sales. Listed prices range from $70,000 to $5.9 mil. Median price is $322K. 25 of these homes are in town. 31 are in rural areas of Durango.
Anything New?There are 13 new listings on the market since last week prices range from $119k-$749k. Here are the new listings: Click Here to View New Listings
* Call or email is for any questions, or if you would like staticstics sent to you outside of these paramaters.
– Shaheen Hangval Broker Associate/EcoBroker with Blue Ribbon Properties 835 Main Ave. Suite # 214 Office: 970-247-8388 Fax: 970-247-8360 Shaheen’s Cell: 970-769-2441 NEW – Blue Ribbon is expanding! Our new real estate office opened in downtown Aztec on Main Ave today! Located right downtown, on 205 Main Ave, Aztec, NM, 87410, the new Blue Ribbon Properties office is serving San Juan County in New Mexico, including the Farmington and Aztec area. Owned by Stacy and Chris Engle and Claudia Williams, Blue Ribbon in Aztec offers full service real estate, property management and real estate sales. Call 505 334 8814 for more information. Look no further for Farmington New Mexico real estate deals. Rental and investment properties cash flow much better here than in Durango, they work well in New Mexico, the rent will pay your mortgage and more, and even better, Blue Ribbon will manage the property so you won’t have to worry about a thing! Call today. 2010 is going to be a great year! – 970 247 8388 (office) Check out my blog 
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Blue Ribbon Properties · 835 Main Avenue, #214, Durango, CO, 81301 · 888.747.8388 · info@blueribbondurango.com 122 queries. 1.030 seconds. |
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