Bust will hurt housing in oil-producing states

WASHINGTON – The oil boom that lifted home prices in Texas, Oklahoma and Louisiana is coming to an end. Crude oil prices have crashed since June, falling by more than 54 percent t...

Obama pushes homeownership steps in once hard-hit Arizona

PHOENIX – Standing at the epicenter of the nation’s recent housing crisis, President Barack Obama on Thursday promoted plans to lower some mortgage insurance premiums, a move the White House...

Oil price fall could slow growth in some booming U.S. cities

SEATTLE – The drop in oil prices to five-year lows, while helping consumers, is sparking concern that leasing and construction demand will be hurt in some of North America’s best-performing ...

Pending home sales climb in November

WASHINGTON – The number of Americans signing contracts to buy homes rose modestly in November as a strengthening economy helped nudge some would-be homebuyers. The National Associ...

Understanding the broker relationship

Despite all of the articles written lately, one of the most misunderstood aspects of the real estate industry is agency. A brief history may help. Before 1994, all real estate bro...

Commercial real estate sales saw uptick in county in 2014

15 deals total nearly $3 million

U.S. real estate recovery suffers setback

WASHINGTON – The residential real estate recovery is best described as plodding, with the industry taking a step back in November for the first time in three months. Housing start...

Home affordability worsens across U.S.

BOSTON – One in five U.S. housing markets are now less affordable than their historic average as price gains outpace income growth from New York to San Francisco. Of the 475 count...

Construction projects rise around town

The year 2014 was a busy one for construction projects in Durango, and there looks to be no let-up in 2015. Projects to build major apartment buildings, hotels and retail stores a...

Choosing a home can be a personal thing

What type of home is right for you? In La Plata County, we are blessed with choices that are wide and varied, and they are influenced by your desired lifestyle. There are opportun...

Nation & World Briefs

Immigrants warned of possible problems LOS ANGELES – While tens of thousands of immigrants living in the country illegally are gearing up to apply for a long-sought driver’s licen...

For sale: 4 bdrms, garage, labyrinth

Celebrity homes often include quirky add-ons