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Durango Real Estate News & Notes

By Ryan Poppe - Last Updated: Thursday, June 30th, 2016.

Things to Do in Durango If you plan on making a trip to Durango this July, or just happen to live here full-time, members of the Durango Friends of the Arts organization will now be leading walking tours of historic downtown Durango every Wednesday throughout the month of July.

Stroll past the countless Victorian homes that line our charming Main Avenue and learn more about Durango’s rich and colorful history that helped shape our community into what it is today. From the days and nights of the old wild-west to the fabulous architecture you’ll find all throughout the downtown area, the Durango Walking Tour will cover it all.

Each tour will begin right at 10 a.m. and start at the Durango Welcome Center at 802 Main Avenue. Participants are encouraged to arrive early and each tour

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By Ryan Poppe - Last Updated: Monday, June 27th, 2016.

Work-Live-Condos-DurangoIf you’re seeking out a sweet new condo residence in Durango, look no further than 3rd and College. A unique opportunity that also gives buyers the option to combine the 676 square feet of commercial space that’s part of the front of the development, this property can also double as a charming work-live space that’s not always easy to find in a city as compact as Durango.

The new condo residences being developed at 3rd & College are neatly situated in the vibrant and charming Downtown-Third Avenue District, which of course features plenty of restaurants, cafes, boutique shops, and some of the best walkability in all of Durango.

As for what to expect inside, look for units to boast high vaulted ceilings, reclaimed barn wood accents, high-end kitchen

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By Ryan Poppe - Last Updated: Saturday, June 25th, 2016.

La Plata County Real EstateAlthough the Durango real estate market seems to be thriving right now, La Plata County as a whole is still only Colorado’s 12th fastest growing county right now.

Earlier this week, the U.S. Census Bureau released new population statistics that revealed La Plata Country grew by more than 800 residents in 2015 from a total population of 53,850 in 2014 to 54,688 in 2015.

As mentioned, the 1.6% increase in population ranks 12th out of the states 64 counties total, which is actually right on par with growth in recent years as well.

Statewide, the population of Colorado expanded by 101,000 residents for a total population of 5,456,574, which is the first time the Centennial State saw an increase of over 100,000 people in one year since 2001.

As for Durango

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By Ryan Poppe - Last Updated: Wednesday, June 15th, 2016.

Buying a Home in Durango CO With inventory tight and home prices on the rise, buying a home in Durango right now can be challenging, especially for young or first-time home buyers. Last year, the Region 9 Economic Development District of Southwest Colorado published a report that found La Plata County residents need to make an annual income of $79,000 to qualify for a home loan, which believe it or not, is significantly lower than the $90,500 you’ll need to make if you’re specifically looking for a place in Durango.

As noted in the study, 62% of households in Durango, and 54% of households in the county, earn below the necessary benchmark to quality for a standard home loan, making it increasingly difficult for the Durango real estate market to thrive during what’s actually been a

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By Ryan Poppe - Last Updated: Sunday, June 12th, 2016.

Homes Near Durango SchoolsIn many instances, a home buyer’s wish list often seems endless, filled with any number of characteristics that relate to interior finishes, the size of a home, and of course a home’s individual location. And when it comes to where a home for sale is located, living near a wide-range of community amenities and attractions can definitely come in handy, which not only include shopping, dining, and entertainment destinations, but also local schools as well.

Whether you work at a Durango school or have children who attend one of our local Durango schools, living nearby has plenty of advantages, especially if you’re situated only a few blocks away. Depending on the age(s) of your children, living close by means they’ll be able to walk to class everyday, which

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By Ryan Poppe - Last Updated: Sunday, June 12th, 2016.

Downtown Durango Free Wi-FiIn case you haven’t heard, downtown Durango now offers free Wi-Fi, which was first introduced to the city just a few months ago. Having partnered with SkyWerx Internet Services and 360Durango.com, the city of Durango installed its Wi-Fi router to a light pole at Main Avenue and Ninth Street, allowing for free public Wi-Fi service that stretches from Seventh Street to 13th Street all along Main Avenue, which of course acts as downtown Durango’s primary thoroughfare.

According to the city, Durango’s free Wi-Fi network averages between 100 and 150 users a day, and close to 500 users during annual events and festivals lie the Taste of Durango.

Offering free internet service downtown is a process that actually started all back in 2013 when the city installed

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By Ryan Poppe - Last Updated: Friday, June 10th, 2016.

Durango Real Estate Market NewsAccording to multiple reports, new home sales all over the U.S. declined last month after seeing sharp gains back in April. Numbers released from the Commerce Department show new home sales dropped 6% in May, with the Northeast and West regions seeing the strongest declines.

At the same time, existing home sales, which include single-family homes, townhouses, condos, and co-ops, saw a slight 1.8% increase in transactions last month, which continues a trend we’ve been seeing all year long. Overall, existing home sales are up 4.5% from May 2015, which is the highest annual pace the national market has enjoyed since February 2007.

Even with the month-to-month decline in new home sales from April to May, sales are still up 6.4% year-over-year, which can

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By Ryan Poppe - Last Updated: Tuesday, May 31st, 2016.

Durango Summer Fest The summer season in Durango is a ton of fun already but it seems that with each passing year, another event, festival, or celebration is added to the long list of things to do in town when school is out and the weather is warm!

This year, the The La Plata Family Centers Coalition has announced plans to hold its first annual Summer Fest, which will take place right here in Durango. Happening on Sunday, June 13th from 11 a.m. to 3:00 p.m., the Durango Summer Fest will be a carnival-themed festival with all sorts of games, crafts, and family-friendly entertainment for locals to enjoy.

Face painting, a dunk tank, and even live music by The Assortment will also be part of the event, and all proceeds will go directly to The La Plata Family Centers Coalition,

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By Ryan Poppe - Last Updated: Thursday, May 26th, 2016.

Durango Horse Farms For SaleWhile skiing in the winter or hiking in the summer might be what first comes to mind when thinking about outdoor recreational activities in Durango, horseback riding is also something many locals here thoroughly enjoy all year long. In fact, some ranches in Durango are used for breeding and training, while other home owners treat the equestrian way-of-life as little more than a part-time hobby.

Regardless of your needs, however, horse farms and homes with equestrian related facilities occupy a significant portion of the Durango real estate market, giving potential home buyers plenty of options that range from multi-million dollar equine estates to small farms that are manageable on just about any budget. But just where are some of best places to begin

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By Ryan Poppe - Last Updated: Monday, May 23rd, 2016.

Durango Home BuyingWhile every home buyer has their own individual needs and wants, there are certain elements to a house that tend to be at or near the top of most buyers’ wish list. Many of these features and finishes largely depend of region, while others are much more universal regardless of location. For example, a backyard swimming pool or central air conditioning might be high up on a buyer’s priority list in South Florida, while nearly every buyer looking for a turn-key home wants stainless steel appliances and granite countertops in the kitchen, which of course has little to do with location.

Here in Durango, the same can be said perhaps a few variances here and there. So just what are a few of those common elements? Well, let’s take a quick look below to find out

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