Understanding pre-qualification and pre-approval

In the home-buying process, the majority of conversations tend to revolve around mortgage interest rates and capitalizing on the low rates. This makes sense, as current interest rates are ar...

Setting price determined by variety of factors

It can be extremely difficult to put a value on someone’s home for several reasons. The most important and problematic is emotions. Homes are filled with memories and generally ha...

Tips to help move slow-moving home

By Ellen James Martin the Pueblo Chieftan Like the U.S. economy as a whole, the real estate market is supposed to be recovering. And many neighborhoods now are experie...

If you’re looking to buy, time is not on your side

Most of us put off important things. Procrastinating homebuyers were rewarded for waiting with decreasing interest rates and lower home prices until last year. However, going forward, you wi...

Is investment property the right choice for you?

Real estate is one of the most popular forms of income investment because it is tangible. It doesn’t always work for everyone’s personality or portfolio, but it may be a good consideration i...

Revamp, refurbish and remodel to reap the rewards

Homeowners often wonder which remodel and home-improvement projects yield the highest return. Of course, resale always is a consideration, but the beauty of home improvements is the ability ...

Evaluating renting versus buying a home

There are a number of factors you need to consider to determine whether buying or renting is your best option. Renting is usually the best option when relocating is a possibility ...

The ABCs of mortgage lending

The mortgage process can be intimidating. The mortgage world uses an alphabet soup of acronyms – FTHB, USDA, FHA, FNMA, FMCC, FHLB, LPHF, LTV, FICO, DTI, MI. Let’s break this down...

Inventory impacting local housing market

Last week, the Colorado Association of Realtors and the Durango Area Association of Realtors released their first-quarter real estate statistics. In a nutshell, the number of prop...

Preparing your home for sale can speed deal

Inventory in Durango is low, the real estate market is busy and prices are increasing. If you have decided the time is right to sell your home, ask your real estate agent for a co...

Diversity of buyers drives local market

We hear from both Coldwell Banker’s national and international offices that real estate is once again strong with greater buyer confidence and more sales volume, which is similar locally. ...

In sellers market, seek help from qualified agent

The real estate market is back and active. The statistics tell us it is a sellers’ market and inventory is low, so if you have held off selling your home, now would probably be a good time t...