HIGH DEMAND AND LOW INVENTORY RESULTS IN HIGHER PRICES

The year-end statistics for La Plata County were released recently and indicates that the market has completely shifted to a strong seller’s market. A sharp increase in demand at all price levels coupled with shrinking inventories has driven up median property values well over double digits in almost every category. The overall median price for La Plata County increased by 15.8% from $387,750 to … Continue reading...

THIRD QUARTER STATISTICS HIGH DEMAND PUSHES PRICES HIGHER

The La Plata County statistics comparing the first nine months of 2020 to the same period over the past three years was recently released. Median prices in the county increased by 12%, Bayfield in-town and rural values were up slightly, while median prices for homes in the Durango Mountain area increased sharply. Real estate median sales prices for the entire county in the first nine months of … Continue reading...

CURRENT MARKET DEFIES LOGIC

With the uncertainty surrounding the COVID crisis, economic downturn, and the upcoming election, you would think that potential homebuyers that did not have to buy this year would stay on the “sidelines” until things became more certain. In some sections of the country, including the Durango and surrounding area, there has been a sharp increase in demand. This has resulted in multiple offers, … Continue reading...

FOUR CRITICAL THINGS TO DO BEFORE YOU MAKE AN OFFER

There are many things to consider when buying a home. At some point during your home search process, you will view a home that appeals to you and will think about having your agent prepare an offer. Before you have your agent prepare and submit your offer, there are four critical things that should be considered or steps that should be taken. The most critical step before moving forward on a … Continue reading...

DURANGO’S BEST CONDOMINIUM COMMUNITIES

Best Durango Condos over 250k

As Durango’s exclusive buyers’ agent, I meet a lot of buyers who want to know which areas in La Plata County to avoid. Thankfully, I can inform new residents of our community that there are no neighborhoods that I consider unsafe or not desirable. This is in sharp contrast to my days representing buyers in the Los Angeles area years ago, where there were a number of dangerous areas. I advise my … Continue reading...