U.S. home prices rise in November; all-time highs in 4 cities

WASHINGTON – U.S. home prices increased at a faster clip in November, the gains fueled by solid hiring growth, historically low mortgage rates and a shortage of houses on the market. ...

Economists see more growth for U.S. economy, housing in ‘16

LAS VEGAS – A robust U.S. economy and job market, plus low mortgage rates, should help keep the recovery in the new-home market going at a modest pace this year, but a return to pre-housing ...

Rental prices begin slowing down in many U.S. cities

WASHINGTON – Home rental price growth turned tame in December – a sign that a burst of new apartment construction last year may be relieving cost pressures. Real estate data firm ...

U.S. home builder confidence held steady in January

WASHINGTON – Confidence among U.S. home builders held steady in January even though builders’ expectations about future sales dipped slightly. The National Association of Home Bui...

Home sales rebound to wrap up 2015

WASHINGTON – U.S. home sales rebounded in December after new regulations had delayed the completion of purchases in November. And total sales in 2015 were the most in nine years. ...

Home construction stumbles as year begins

WASHINGTON – U.S. builders started fewer homes in December, but prior gains meant that residential construction ended 2015 at its healthiest level in eight years. Housing start...

Renovation loans can put you in that fixer-upper

A big challenge for buyers in today’s tight market is finding a home in the right neighborhood which is in acceptable condition and the size they want. A great solution is buying a home in n...

Vacancies abound on Main Avenue in Durango

Restaurant, clothing retail likely coming to former Francisco’s

What to expect in housing in 2016

We all have a big financial stake in housing – as homeowners, renters, landlords and/or taxpayers. Let’s consider the major macroeconomic trends in 2016 that will significantly im...

U.S. to track real estate sales in 2 cities

WASHINGTON – The Treasury Department will begin tracking sales of high-end real estate in two of the country’s most expensive markets – Miami and Manhattan – to try to crack down on money la...

Real estate market gets off to good start in 2016

This is a wonderful time to reflect on last year and look at what it may mean for the next year as suggested in this quote by Jonathan Lockwood Hule, “Celebrate endings for they precede new ...

Nearby structures, features can affect a home’s value

What’s nearby can affect property value, with some exceptions in La Plata County