How do you know a really good real estate deal when you see one? That’s easy, check comps and see what other things are selling for. That’s what I do, sell real estate in Durango. I know when it’s a good deal. Two weeks ago I blogged about three deals up at Durango Mountain resort, today, [...]

“What’s going on the real estate world?”  I am commonly asked this question daily by clients, friends and family.  Is ANYthing selling?
A great question and the answer can change on a weekly basis.
In the past 2 weeks here are some of the things I have seen in “the real estate world” of Durango.
I have seen a lot offers [...]

durango real estate deals, great values, foreclosed homes, distressed property

Everyone I speak to is looking for “a really good deal”.  What better time to find one?  But how do you find the good deals before they get snatched up?  Here is one new resource to use.
 
Below are 3 homes that we are calling this week’s “best deals”.  These are not just our listings, although [...]

This is supposed to be a buyer’s market, right? So, where are all the good deals? Zillow.com reports that there are 67 foreclosures in La Plata County, but where are they? Why are we not seeing homes selling for 50 cents on the dollar like in other places? I’ve been watching a bulk foreclosure auction [...]

What is low-balling and why do people do it?
Low-balling can happen during any type of market but typically occurs more frequently in a Buyer’s market. A Buyer finds a home they would like to buy and then offers a much lower price than would usually be acceptable, simply because they believe that the [...]

How much money are seller’s leaving on the table these days? We hear about low ball offers but in Durango that is not necessarily the case. I was out showing property yesterday to a client and she told me that she thinks her husband wants to “totally low ball”, meaning offer about half the asking. [...]