There is really no better time (price, financing rates, incentives) then now for buying Durango real estate. Between lower prices, motivated sellers, financing rates and other incentives, the local market is ripe for a good deal. At some point this will change, and once sellers realize buyers are back, prices go up, inventories drop and negotiations get harder and deals skinnier.
All posts by Shane Dawson
Fantastic news. As of June 9th, 2011, Durango’s La Plata County Airport has begun service with American Eagle (subsidiary of American Airlines) with daily non-stop flights to/from Dallas, TX. The flights leave Dallas, TX at 8:25am and arrive in Durango, CO at 10:15am. Turn-around flights leave Durango at 11am and reach Dallas at 1:55pm. Flights will be aboard a 50-passenger regional style jet.
In an article released by the Durango Herald on Wednesday, November 2nd, voters in La Plata County approved the request of the three year old La Plata-Archuleta County Water District, to borrow $25 Million dollars to begin funding a potable water project that will deliver water to southeastern La Plata County and Southwestern Archuleta County.
Despite what you may still be hearing in the national news, things are starting to get better here in the Durango real estate market. In an article that was published in the Durango Herald (our local newspaper) on Sunday, the City Planner describes the recent increase in building permits and what that likely indicates from a market standpoint.
The Durango Area Association of REALTORS® statistics are being provided for information to consumers in the La Plata County real estate market. The information is for the nine month period (YTD), January – September 2011, as compared to the same period for the previous three years.
While there are a lot of different elements that contribute to a successful marketing and sales campaign for selling your home, there are really four key components that are the most significant and are relevant under any market condition – good or bad. We’ll discuss these briefly below: