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December 2016

Found 11 blog entries for December 2016.

By Ryan Poppe - Last Updated: Tuesday, December 27th, 2016.

Downtown Durango Happenings The New Year is always representative of new beginnings, and for downtown Durango, there’s a whole lot of “new” going on in terms of recently opened shopping and dining establishments, as recently outlined out by the folks over at the Durango Herald.

On the dining side of things, Cerda 7 Cantina Y Comida just recently made its downtown debut, offering locals some great new food and drink options, and even a place to go dancing on most nights as well. The Living Tree Live Foods Salad Bar also opened up earliest this month, which features a wide range of organic food and signature salads for all you health nuts out there. 

As for new shopping and retail stores to hit the downtown Durango landscape, a Purgatory store just opened up at 2615 Main Avenue

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By Ryan Poppe - Last Updated: Tuesday, December 27th, 2016.

Hidden Fees of Home BuyingIf you’re finally ready to buy a home for the first time, there’s going to be a lot to process. After figuring out what you’re going to do for a home loan, where to begin your home search, and countless other factors that go into buying a home for the first time, it’s also important to remember all the added expenses associated with home ownership as well. 

Unlike renting, where you simply drop off a check in the mail and go about your day, home ownership means being prepared for plenty of additional expenses that you might not initially think about as a first-time home buyer. So to avoid being caught off-guard when signing on that dotted line, here’s a closer look at a few added costs to remember when choosing to buy for the very first time: 

HOME

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By Ryan Poppe - Last Updated: Monday, December 26th, 2016.

New Year's Eve Durango COMany might say 2016 was somewhat of a strange year for a variety of reasons, but regardless of how well the past 12 months treated you personally, we’re rapidly approaching the end of the year that was. And like this time of year every year, many of us are also starting to gear up for yet another fun-filled New Year’s Eve celebration, which will no doubt be here before we know it. 

If you’re someone who’s planning to host your own New Year’s party this year, we’ve got a few tips for you to keep in mind that will not only make your party a success, but also keep it affordable as well. And after all that crazy holiday spending, who wouldn’t want to save a few bucks here or there, right? So let’s get to it…

Re-use, re-purpose, and recycle anything you

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By Ryan Poppe - Last Updated: Thursday, December 22nd, 2016.

U.S. Interest Rates SurgeMortgage giant Freddie Mac has said that long-term mortgages in the U.S. increased again this week, officially hitting the highest rate seen since 2014. According to the statement, rates on 30-year fixed-rate home loans climbed to an average of 4.30%, which is up from 4.16% just last week. As mentioned, that’s the highest level we’ve since since all the way back in April of 2014. 

The average rate for a 15-year mortgage also jumped to 3.52%, which is up from 3.37% last week. That’s also the highest level for a 15-year home loan since January 2014. 

The increase is hardly a surprise, however, as rates have been surging ever since the presidential election back in November. The Federal Reserve is citing the overall improvement of the U.S. economy for

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By Ryan Poppe - Last Updated: Wednesday, December 21st, 2016.

Options for First Time Home Buyers Being a first-time home buyer is often far more difficult than an existing homeowner. Existing homeowners often have equity in their existing homes to use for purchasing another - something new home buyers don't have. Fortunately, there are programs designed to help first-time home buyers qualify for loans to purchase their first homes.

This guide shows you how most organizations classify first-time home buyers, and what types of benefits are available to people buying a home for the first time.

Every situation is unique, so it is advised to consult with a mortgage lender or financial advisor to understand how to approach home financing.

What is a First-Time Home Buyer?

You might expect that a first-time home buyer has never owned a

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By Ryan Poppe - Last Updated: Wednesday, December 14th, 2016.

Purchasing Recreational Land Buying recreational property is a great way to provide fun for friends, groups, or organizations, but it can be expensive. Luckily, however, it is possible to find and purchase parcels of real estate that will be perfect for hunting, hiking, camping, or other recreational uses while also offering some type of extra value to help make the purchase and continued ownership of the land financially feasible.

If you are currently considering the purchase of recreational land or plan to do so in the future, the following tips will help you find the parcel that offers the benefit of added value. 

Selling the Land's Raw Materials

Some parcels of land offer good potential for recouping all or part of the purchase price by selling off some of the

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By Ryan Poppe - Last Updated: Sunday, December 11th, 2016.

Holiday Decorating TrendsDepending on how you look at it, one of the more fun holiday traditions many of us participate in every year involves decorating your home in a way that captures all the magic of the festive holiday season. To some home owners, going with a more traditional look and feel for all your holiday decorations is no doubt the best way to go, while others prefer to incorporate a bit more of color and a lot more fun in whatever direction they take. 

This year, luxury designers are encouraging a chic white-on-white approach for all your holiday décor, which offers a stylish blend of elegance, grace, and charm. From a sophisticated table setting to all the lights and ornaments on your Christmas tree, white decorations with silver and gold accent pieces are red

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By Ryan Poppe - Last Updated: Wednesday, December 7th, 2016.

Selling Your Home From Another State Whether you have already listed your home for sale or plan to do so in the future, you are no doubt already aware of some of the challenges you face. Not only do you have to prepare your home for sale by doing necessary repairs and maintenance, you must also work hard to make sure that your home is attractive and welcoming to prospective buyers.

For sellers who enjoy the ability to remain in their homes, this task is relatively easy and usually just requires making sure the home looks neat, clean, and attractive for each showing. For sellers who must move away before the home sells, however, the process is more difficult - simply because a vacant home can seem cold and uninviting to buyers.

If the budget allows, hiring a professional staging

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By Ryan Poppe - Last Updated: Monday, December 5th, 2016.

Buying a Home in Durango Despite mortgage rates jumping up to over 4% for the first time since 2015, now is still a great time to buy a home in Durango. Unlike during peak seasons, purchasing a home in the winter, and especially around the holidays, often means finding great prices and having much less competition to deal with, often making it easier to secure the home or condo you want. But even if you’re planning to wait until after the new year to make a move, the first few months are still an optimal time to begin your Durango house hunt. 

Regardless of your individual timeline, however, if you’re somebody who is planning to be in the market for a new place to live in 2017, here are a few quick tips to remember throughout the home buying process: 

Figure out what you

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By Ryan Poppe - Last Updated: Sunday, December 4th, 2016.

New Home Buyers Moving to DurangoWith the city of Durango and much of the La Plata County area widely considered to be a top tourist destination in Colorado, it’s not terribly surprising to see plenty of out-of-town home buyers looking to move here, retire here, or simply buy a vacation property here. But something many of us working in the real estate industry generally always track is where many of these buyers are moving from. 

According to recently released data from the U.S. Census Bureau, it would appear that many current home buyers and renters new to the area are actually moving from other parts of Colorado, or several neighboring or nearby states. 

Among the out-of-staters moving to La Plata County, the census found that most are coming from New Mexico, Texas, Arizona,

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