2009 All La Plata County Sold Statistics:
Jan. 1 st 2009 – December 31 st 2009
Category      _     Total Volume      Total units _  Avg. Price          Median Price        Avg DOM
Durango Res.-   $122,806,644…….268………$458,233…………$379,950…………….216
Dgo. Co/Tnhm-$28,315,277………..94………$301,226…………$266,000…………….238
All Bayfield Res.-$32,085,002……125………$256,680…………$245,000……………..175
All Ignacio Res.- $3,057,388………..13………$235,183…………$220,000……………..129
All Resort Res.-   $22,993,177………52………$442,176…………$302,500…………….278
Vacant Land-       $18,464,500………86……..$214,703………….$164,950………………379
Farm & Ranch-    $22,162,000………4……$5,540,500……….$5,667,000……………..175
Commercial-         $8,595,075……….11……..$781,370…………..$464,364……………..233
 
Notes: Durango, Bayfield and Ignacio include both in-town and rural residential properties.
DOM = Days on market
Source: Colorado [...]

We had a big storm pull through this week, adding few feet of fresh powder to our little mountain town!  Everything has been painted a beautiful shade of white.  Meanwhile we are still here working hard!
Here is your weekly market update:
What has sold?
11 Homes have sold in Durango in the past week.  Homes were priced [...]

Here’s a quick overview:
$8,000 First-time Home Buyer Tax Credit at a Glance
The $8,000 tax credit is for first-time home buyers only. For the tax credit program, the IRS defines a first-time home buyer as someone who has not owned a principal residence during the three-year period prior to the purchase.
The tax credit does not have [...]

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, [...]

Ever wondered how trade and exchanging really works? Here’s an inspiring example about how one young man traded his way up. Starting with one red paperclip he eventually got a house. Here’s to show you, anything is possible with the right attitude. 
Watch the videoclip here
Or go to this website to read about it. www.oneredpaperclip.com.
Call me [...]

“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 [...]

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 [...]

It’s ONLY A Buyers Market If You ACTUALLY Buy!!!
One of my friends called me the other day and in an excited voice declared, “I think I might need to look at houses…It’s a GREAT time to buy a house right now, you know!”
I”ve been preaching that all year, but hey, no one listens to me… I said, [...]

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

I received an important email today from a fellow Realtor, informing me of an upcoming seminar to be held later this month, and I wanted to pass the info along to you! This is a great opportunity for first time home buyers to learn how to break into the Durango real estate market.
If you are [...]