7-31-10 Blue Ribbon market update

Bring on the rain!  Yay for monsoon season!  It has been hot but at least now it rains just about every day for a hour or so…it cools off the town. 
As for real estate…we are busy here, not as many offers but buyers are still out there hunting for deals!  If you haven’t looked lately [...]

April 30th, 2010 – Durango Real Estate Market Update

The gradual improvement continues.  I set up 6 showings this morning to show a clients some properties…while setting them up, 2 of the 6 had just gone undercontract  in the last 2 days.  This is a sure sign that properties are moving.  Telling my client that these 2 houses were already under contract definitely put [...]

Blue Ribbon Weekly Market Update!

I recently read an article from Homes.com/Realtor.com showing this years statistics so far and how pending home sales show a healthy gain nationwide.  Could results in a Spring surge this year!
 CLICK HERE TO READ FULL ARTICLE
In the local Durango market:
What has sold?
17Homes have sold in Durango in the past week.  Homes were priced from $94k-$400k.
-Average list price was $279k     [...]

Homes sales find a balance – Durango real estate news April 2010

Our local newspaper, the Durango Herald, has two local real estate articles today.  The forecast for 2010 Durango Real Estate and home sales is mixed, good on the one hand not so much on the other. Volume is up and prices are likely to go come down some, good for buyers.  Home sales slowly find a [...]

3/29/10 Blue Ribbon Properties Market Update

We are seeing a strong increase in phone calls, showings, offers and closed sales!!! Yay!  The market is starting to move again.  Spring brings signs of a good season and buyers bring signs of a good year ahead of us.
Here is your Blue Ribbon’s Weekly Market Update:
What has sold?
11 Homes have sold in Durango in [...]

3/19/10 Durango Market Update

Warm weather and watching the snow disapearing this week shows us Spring is just about here!  Yay!
Here is your Blue Ribbon’s Weekly Market Update:
What has sold?
7 homes have sold in Durango in the past week.  Homes were priced from $47,500-$1,025,000.
-Average list price was $446k     -Average sold price: $370k
-Average Days on market: 300
-Average sold price per [...]

2-19-10 Blue Ribbon Weekly Market changes

Continuing from last week, the phones are still ringing and people are putting in offers.  It’s going to be a busy year.  Here in Durango it’s dumping snow outside with plans to keep snowing or the next 5 days! 
Here is your Blue Ribbon’s Weekly Market Update:
What has sold?
8 Homes have sold in Durango in the past [...]

Weekly Market Update

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 [...]

Blue Ribbon’s Weekly Market Update!

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What’s new in the Durango real estate market with the changing of the season…and winter just around the corner?
* What has sold in the last week?
4 Homes have sold in the last week. 1 was in town, the other 3 were in rural areas of Durango.
-The average sold price: $369k.  (gone up from last week)
-Average [...]

Heads up to the Buyer’s in this Buyer’s market…

“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 [...]

 

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