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Business & Real Estate

U.S. home prices rise in October, housing agency says

U.S. home prices surpassed their 2007 peak in October as the improving job market stirred competition for a dwindling inventory of listings, a Federal Housing Finance Agency index showed. ...

Energy, weather and the outdoors driving custom home designs in Durango

Area builders share trends

U.S. new-home sales rose in November after weak October

WASHINGTON – Americans appear less inclined to buy new homes as the year ends. Sales improved in November only because fewer people bought new homes in October than initially reported. ...

Business Briefs

Mexican Tile Designs moves locations Mexican Tile Designs, owned by Andy Kayner and Jenny Wrenn, offering Mexican and Spanish tile, Mexican sinks, tile murals and Saltillo floorin...

U.S. existing home sales tank in November

WASHINGTON – Home sales plunged sharply in November, as buyers faced rising prices and new regulations that might have delayed some closings. The National Association of Realtors ...

Navajo Nation on track for first utility-scale solar plant

FLAGSTAFF, Ariz. – A Navajo community south of Monument Valley will be home to the tribe’s first utility-scale solar plant capable of powering 7,700 homes on average. The $64 mill...

Cortez OKs land-for-jobs deal with Osprey

Backpack company gets land deal in exchange for 45 new jobs

Holiday shopping 2015: Cheap is the new cool

NEW YORK – Cheap is the new chic for holiday gifts. Jana Montero, who has in the past bought loved ones iPods and tablets for Christmas, has changed her attitude about gift giving...

Olive Oil lovers lament: From Durango specialty stores to grocers’ shelves, bugs and fruit flies hit pocketbooks

After a serious shortage in olive oil this year, prices have come down, which is good news for foodies. But gauging the quality of the product is still difficult. Major Mediterran...

More than half of U.S. renters older than 40, study says

WASHINGTON – The majority of U.S. renters are now older than 40, a fundamental shift over the past decade that reflects the lasting damage of the housing crash and an aging population. ...

Activists worry about slowing auto mileage gains

WASHINGTON – New cars and trucks averaged a record 24.3 miles per gallon last year, but falling gasoline prices and America’s rekindled love affair with SUVs could endanger future fuel econo...

Daughter fights to stay in her home

Reverse mortgages can cause problems for children
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