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?
9 Homes have sold in Durango in the past week.  Homes were priced from $190k-$529k.
-Average list price [...]

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 [...]

Here is a story taken from Gary Keller’s book “Shift” – how top real estate agents tackle tough times. I felt this little blurb would be good to share with you.
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In a recent interview with a top agent in Massachusetts, I asked how things were going in his local area. “Our market is really a [...]

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 [...]

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 [...]

Things are looking up, the newpaper is reporting positive news, for example see this article from yesterday’s Durango Herald:
WEDNESDAY, SEPTEMBER 30, 2009
Home prices up in July (AP)
” Home prices rose again in July, a trend that will help ease the foreclosure crisis and slowly rebuild the wealth of millions of American homeowners.
Higher home prices show [...]

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 [...]

This is a great time to buy, the prices are lower than ever, especially up at the mountain. We have several excellent values on ski in ski out properties that were virtually unavailable last year. Ski in is like Main Street for downtown, location, location, location. If you like to ski you can’t go wrong with [...]

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 [...]