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 [...]

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 [...]

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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 [...]

“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 [...]

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 [...]

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 [...]

I was just asked by a past client to reassess what they could sell their downtown Durango historic property for. It’s a 2800 SF home on a double lot, located on our historic Third Avenue, absolutely a great location. The house has some upgrades but is really in need of a serious remodel/rebuild. I thought [...]

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 [...]

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. [...]