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March 2017

Found 13 blog entries for March 2017.

By Ryan Poppe - Last Updated: Wednesday, March 29th, 2017.

cleaning smoke from homes to sell Odor is an important consideration in selling homes, so in the case of trying to sell a home that has been frequently smoked in, cleaning the house prior to listing it is a good tactic to ensure the house will sell more quickly. Tobacco smoke can be a huge turn-off for buyers, which may be due to allergies, aversions, or asthma, though many people simply don't care for the smell.

All of this makes it much harder to sell a home with smoke odors. Whether you are the smoker or you're a landlord looking to clean up before selling your property, it takes work to remove cigarette smoke from a house before putting it on the market. Here's how to get started cleansing out some of the odor, from the easiest to most labor-intensive methods to get rids

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By Ryan Poppe - Last Updated: Tuesday, March 28th, 2017.

If you’re thinking about selling your Durango home or condo in the coming weeks, now is certainly a good time to do so given spring is usually one of the most active times of the year for any housing market. And if you’re like most home sellers, getting the most money for your home truly is the ultimate goal and something that usually comes down to several key factors. 

In general, pricing a home isn’t always easy, and in most cases, there’s a strict methodology involved that helps estimate a home’s true value on today’s Durango real estate market. And while every home and every situation is unique in its own way, here are some of the more critical factors that will undoubtedly affect the sales price of your home: 

The Location of Your Durango Home

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By Ryan Poppe - Last Updated: Monday, March 27th, 2017.

Home Improvement IdeasIf you’ve recently purchased a home or happen to be in the market for a new place to live in Durango, chances are you don’t need us to tell you how expensive a newly built home can be. For the most part, enjoying the fresh new look and feel of a brand new home usually means paying a premium, ultimately pricing some home buyers out of the new construction market. But just because you might not be able to afford new construction doesn’t mean there aren’t relatively inexpensive ways to make any old home feel modern and up-to-date. 

Listed below are just a few affordable options you should consider when looking for ways to update an older home. And as you’ll notice, a couple should also help save you money after the installation is complete, meaning

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By Ryan Poppe - Last Updated: Friday, March 24th, 2017.

Waterfront Land DurangoWaterfront homes for sale tend to be some of the most sought after properties in any market, and that’s certainly the case here in the Durango real estate market and the surrounding La Plata County area. Whether it’s a spot on a lakefront, riverfront, or even a property that features a large pond, there’s something calming about living near water, which is why most active home buyers are willing to pay a premium for anything that’s considered waterfront. 

In the Durango area specifically, there are actually more waterfront opportunities than you may think if you’re someone who’s browsing the Durango real estate market from out-of-town. The Animas River flows right through the middle of Downtown Durango, while the Pine River and Florida River also

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By Ryan Poppe - Last Updated: Wednesday, March 22nd, 2017.

Real Estate Market Trends With now well underway, homeowners across the country are no doubt wondering about the real estate market in their area and how expected national trends are likely to affect it.

For those planning to sell in the coming months, this information can be critical in helping them more accurately time their sale to take advantage of the best market time. The following information offers a glimpse of what to expect regarding mortgage interest rates, changes in credit availability, and general housing trends of interest to those who own or plan to sell a home during the remaining months of 2017.

What to expect from the Government in the coming year? 

The Federal Reserve Bank made the news in December of 2016 and again in March of 2017 with two

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By Ryan Poppe - Last Updated: Tuesday, March 21st, 2017.

Durango Single-Family HomesMarket stats from February were recently released by the Durango Area Association of REALTORS and it’s safe to say it was a pretty active month for the Durango housing market. Pending sales for single-family homes jumped by over 20% in February, and that’s even despite the median sales price increasing by 3.9% to $353,785. 

The median sales price for condos also spiked 33.7% to $316,250, which likely contributed to pending sales for all attached properties dropping by exactly 28% compared to this time last year. But while pending sales are down, the number of sold condo and townhouse listings is actually up over 17% compared to February 2016, while the number of sold single-family homes is also up 23.7%. 

Also mentioned in the Colorado Real Estate

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By Ryan Poppe - Last Updated: Sunday, March 19th, 2017.

Lake Nighthorse Land For SaleAlthough Lake Nighthorse is currently closed to the public, it still provides one of the most scenic backdrops you’ll find anywhere in Southwest Colorado. The lake itself acts as a reservoir that was created from the 270-foot high Ridges Basin Dam, which was built as part of the Animas-La Plata Water Project that was completed back in March of 2013. 

Today, Lake Nighthorse stores about 120,000 acre feet of water and presents Durango area home buyers with views that are hard to ignore if you’re currently in the market for a new place to live. And if you’re lucky enough to enjoy views of Lake Nighthorse from your new home, you’ll also be able to take in unbelievable outlooks of the scenic mountainous landscape that fills out the scenery just beyond the

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By Ryan Poppe - Last Updated: Tuesday, March 14th, 2017.

While not all of us can afford a million dollar home or condo in Durango, it’s always fun to take a closer look at some of the area’s most expensive properties currently on the market. And besides, it never really hurts to dream about one day calling one of these gorgeous hillside hideaways home, right? 

Whether you're just browsing the market to see what’s out there or you’re actually someone who may be looking to buy a luxury home or condo in Durango right now, there’s certainly a lot of options and opportunities to consider on today's market, which should make finding that perfect new place to call home a bit easier.

At the time of this post, the city of Durango featured 63 residential properties on the market for $1 million or more, with many of

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By Ryan Poppe - Last Updated: Monday, March 13th, 2017.

Open house prep F or homeowners who intend to sell their home, the struggle to get it ready for the critical eyes of prospective buyers is about to reach a high point. Not only are these homeowners experiencing some frayed nerves, many are also concerned about the strain these preparations are putting on their budget. Staging services, professional landscapers, and cleaning companies are excellent resources, but they do come with a cost that may not be feasible for homeowners who are working within the confines of a limited budget. Here are seven frugal tricks homeowners can do to make sure their home looks its best without breaking the bank.

Make the Clutter Pay for Other Improvements

Every home improvement and preparation guide ever written warns

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By Ryan Poppe - Last Updated: Saturday, March 11th, 2017.

Mortgage Rates in 2017If you’re thinking about buying a Durango home during the busy spring season, chances are you’ll be paying the highest mortgage rates we’ve seen so far in 2017. Earlier this week, long-term U.S. mortgage rates jumped to 4.21% for a 40-year fixed home loan, which is up from 4.10% the week before. 

The current rate for 15 year mortgages also climbed, although not quite as much. Rates for those loans increased from 3.42% to 3.42 %, according to the new numbers from mortgage buyer Freddie Mac.

Immediately following the election, mortgage rates steadily climbed for several weeks, although started to fall again towards the beginning of the year. Since then, there’s been steady up-and-down movement, however, this latest increase represents the highest

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