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
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The next Real Estate Investors meeting will be held on Thursday, November 12, 2009 6:30 PM in the Pine Room at The La Plata County Fairgrounds. Mr Rick Lorenz will be speaking on the subject of using your IRA for investing in real estate as well as a primer on investing in single family homes. [...]

To List or Not to List – The Pros and Cons of Listing a House You Think Might Not Sell
I’ve heard a lot of opposing views on whether or not to take certain listings and whether it’s worth it in the end, both on the end of the seller and the agent, in Durango and [...]

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 [...]

Can’t sell your home in this tough real estate market? More and more people are thinking outside the box, being more creative is key to making a successful sale.
So how does a real estate exchange or trade really work? It’s essentially a permanent house swap, you buy mine, I buy yours. You balance the values [...]

I recently attended an RHA training course. I have a client who is going through the RHA process and I was looking to gather a little more information on how the program works.  RHA stands for Regional Housing Alliance.  The class was provided to Realtors and affiliates. The RHA provides loan assistance to those in need [...]

Why is it so hard to get a loan these days? Two years ago everyone could get a loan, now it seems like nobody can get a loan. There are many aspects that go into how you can qualify. Surprisingly, it’s not just your credit rating or financial stability. It’s not even just the economic [...]