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New rules help clear up loan confusion

New government requlations that went into effect last week implemented what the president of the Mortgage Bankers Association called “the single largest implementation challenge that the bro...

U.S. home prices rise steadily in July, lifted by higher sales

WASHINGTON – U.S. home prices rose at a solid pace in July, as would-be buyers competed for a diminished supply of available housing. The Standard & Poor’s/Case-Shiller 20-city ho...

U.S. pending home sales fall in August

WASHINGTON – Fewer Americans signed contracts to buy homes in August, as pending sales slumped amid broader concerns about the U.S. stock market and global economy. The National A...

Why Americans are spending more and more on rent

WASHINGTON – The affordable housing crisis many renters face today in the U.S. feels like a product of this particular moment. The homeownership rate has tumbled since the housing bubble, pu...

U.S. new-home sales surge 5.7 percent in August to 7-year high

WASHINGTON – Buoyed by steady job gains and low mortgage rates, Americans purchased new homes in August at the fastest pace in more than seven years. New-home sales surged 5.7 per...

Tight supplies hamper existing-home sales

WASHINGTON – U.S. home sales slid in August by the most since January as tight supplies and rising prices discouraged potential buyers. The National Association of Realtors said ...

New projects contributing to Durango’s hotel resurgence

City’s hotel room inventory growing

U.S. rental home prices rise at slower pace in August

WASHINGTON – U.S. home rents rose at a slower pace in August, a downshift that may reflect the rise of apartment construction in many major cities. Median rents rose a seasonally ...

U.S. homebuilding slows in August after hot streak

WASHINGTON – Builders broke ground on fewer houses and apartment complexes in August, a possible sign that the housing market may be levelling off after accelerating for much of the year. ...

Durango Area Parade of Homes kicks off Sept. 25

Builders group hosts three-day event next weekend

U.S. homebuilder sentiment hits highest level since October 2005

U.S. homebuilders are feeling slightly more optimistic about the housing market, nudging their confidence this month to a level not seen since the high-flying days of the housing boom nearly...

How to buy a home with limited funds

In my 35 years as a mortgage originator and exclusive buyer’s representative, many prospective homebuyers have told me they are delaying their purchase because of money or their credit histo...