Should I buy a house in Durango this year?

That is the million dollar question, isn't it? It is a buyer's market so there are lots of choices out there. Luke Miller, assistant business professor at Durango's Fort Lewis College, wrote about just this in his column in the Durango Herald today. He thinks the prices will continue to go down this year, I agree that's probably true. But when will they turn around and start going up? As a buyer, you want to be negotiating with sellers when the prices are still going down. Once they start going up it's too late, all the good deals will be getting multiple offers....

All that being said, it's imperative before buying to be sure you can afford the house and have plans to stay there for a number of years. Call me to discuss further.

Here is the link to Luke Miller's Durango Herald Article.

Claudia Williams
970 247 8388

P.S. Search the MLS at http://www.blueribbondurango.com/mls.php or email us to receive listings as they hit the market

P.P.S. Determine the value of your home, call me today

P.P.P.S. Did you know that I just signed up for voicemail to text conversion on my cell phone? I must say they do a really good job converting most of the messages correctly, every once in the while this service provides me with some good laughs! Stay tuned for more on this and Durango Real Estate tomorrow.

Durango Real Estate News - Forecast looking brighter...

Yesterday's annual real estate forecast event at Fort Lewis College showed some positive aspects, but also the usual doom and gloom. Real estate sales (in terms of volume) are forecasted to pick up, prices to slide after holding steady in 2008. This is all no surprise, after the very few sales last year the volume is bound to go up, and the increase in foreclosures, short sales and better deals should bring the price down and make it an excellent time to invest in real estate.

Click here for today's Durango Herald Article:

Check back often or follow this blog for updates on deals as they arise.

Claudia Williams
970 247 8388

Did you know that Pinocchio is Italian for "pine head"?