It’s been quite the ride in real estate in 2009. Tough for sellers, scary for buyers, I feel it can only get better. If you are buying, this is the first time in 15 years in Durango that prices are down and sellers are willing to negotiate. In my book, definitely a great time to [...]

There is no time more fitting to say thank you to our friends and clients from all of us at Blue Ribbon. It has been a great year.  Yes, we were faced with many challenges but none that we could not learn something from.

2010 Real Estate forecast for Durango – Positive
After speaking to lenders, investors, [...]

Blue Ribbon’s Weekly Market Update:
Busy Busy Busy…the holiday weekend last week was a little quiet but ever since we’ve come back to the office, it’s been double the work load!
We are here and ready for action.  Seems like the phones are ringing and buyers are looking.
* What has sold?

13 Homes have sold in Durango in [...]

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 [...]

Here is a quick weekly update on what has sold, what’s under contract with a sale pending and what’s newly listed in Durango.
*** SOLD: 3 homes closed in the last week.
Sold Price:  $348,000. $390,000. $394,000.  2 where in town condo/town homes and the other was a single family home outside the “city limits”.
Average days [...]

“How much can I afford?
# 1.
Contact a local lender. With the daily changes in the mortgage world, you need up to the minute information.  It’s important to know what you can reasonably afford, what kind of interest rate you get and any extra expenses you should expect. 
* Shop around, and let the other lenders know you are in the market [...]

Looking for something New? 
 How about a business opportunity that makes sense!
 
*** Local Durango flower shop DOWNTOWN!  Only $25,000!! ***
 

Here is the perfect turn key business with all inventory, equipment, supplies and goods included with the sale.   Down town location makes for great drive by and walk in traffic. Make back your purchase in just one year!
 
Many accounts, profitable [...]

So, you are looking for the best deal in Durango Real Estate? You’ll want to know about these…
Two Dogs Subdivision, possibly Durango’s most upscale and beautiful mountain subdivision, only 5 minutes from Durango Ski Resort, a gated subdivision with gorgeous mountain views and lots of 5-15 acres, surrounded by National Forest and serene beauty. We [...]

BEFORE YOU BUY A FORECLOSURE, get answers to these important questions
Before you make an offer to buy a property in foreclosure, consider your answers to these 4 questions.
1. What’s the first thing a buyer should do?
As a popular movie once said, “Show me the money!” Do you [...]

A step by step guide on selling or swapping real estate in a slow market
 
I found this helpful bit of advice on www.goswap.org, one of the internets most popular trade and exchange websites. We couldn’t agree more.
 
“Unofficial guide and practical advice with dirty tricks on selling or swapping a house when nothing is [...]