The air in Pagosa Springs is crisp and cold. Everywhere you look, you see ski boots, out-of-state license plates and happy, laughing people. Winter is upon us, and with the falling of the snow, the tourists have arrived in force. We welcome all our visitors, winter or summer, as they help our local economy [...]
January, 2012 Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®. The latest monthly data shows total existing-home sales1 rose 5.0 percent to a seasonally adjusted annual rate of 4.61 million in December from a downwardly revised [...]
By Robert Freedman NAR Chief Economist Lawrence Yun predicted home sales would increase by 4 percent next year and home prices would inch up 2 percent during the Economic Issues & Residential Real Estate Business Trends forum Friday morning. In 2013, he projected sales to pick up another 6 percent and prices to rise another [...]
By Kerry Curry Friday, November 11th, 2011, 4:12 pm Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year’s record lows, the chief economist of the nation’s largest real estate group said Friday. "Tight mortgage [...]
Jim Smith Realty has been the leading real estate firm in Pagosa Springs for 20 Years! Jim Smith Realty Newsletter – Pagosa Springs, Colorado – 3rd Quarter 2011 Pagosa has experienced a fantastic summer tourism season this year. The streets have been busy with out of state plates enjoying our beautiful high altitude [...]
Jim Smith Realty Are you looking to buy a new home? Are you thinking that now’s a great time to find bargains? That’s true, but it pays to know a little about the seller’s situation before you make an offer. If a home is being sold for below what the current seller owes on [...]
Those considering a home purchase today are inundated with conflicting advice and opinions from the people they know–and even people they don’t know. That’s where you come in. April 2011-REALTOR Mag 1."If it’s possible that prices will continue to fall, why should I buy now?" While price is the major concern for anyone selling a [...]
Roy Vega | 3/31/11 At a special meeting Tuesday night March 28th, the Board of Directors unanimously passed Resolution 2011-4, A Resolution of Amendment to and Clarification of the Application of the District’s Capital Investment Fees, Water Resource Fee, and Availability Fee Assessments. This was a watershed event in the recent history of the PAWS [...]
By Jim Smith The first two months of 2011 have shown a marked increase in residential real estate sales to-date compared with the same time period a year ago. Number of Sales is up from 25 to 30 for a 20% increase. Sales Volume was up by 23% and the average price on a house [...]
Chris Liverett / Jim Smith Realty February 2011 Pagosa Springs real estate has seen a bit of a reality check, especially for sellers, in Archuleta County in 2010. Brokers and home owners have had to get down to brass tacks about selling their homes. The Foreclosure Market, which made up about 36% of our home [...]
Greetings! The real estate market here in Pagosa Springs continues to see marked improvement! The foreclosure activity is still allowing prudent buyers to capitalize on the national economic dip by picking up a second home or investment property for very little money. Give us a call for more information on how to navigate this sector of the [...]
The real estate market here in Pagosa Springs continues to see marked improvement! The overall volume and unit sales to date is roughly 43% better that it was one year ago at the turn of 2009. Traditionally, here in our resort town of Pagosa Springs, the 4′th of July marks a major upswing of buying [...]
June 15, 2010- Pagosa Area Water and Sanitation board voted for a 6 month suspension of the Water Resource Fee (WRF). ( Click here to read the article in the Pagosa Sun) This is one of the many named fees that has, how can I say it pleasantly, “not helped” economic growth in Archuleta County [...]
The following article was printed in Forbes Magazine. To read the original article, click here. What Billionaires Do On Their Summer Vacations Katie Evans, 06.01.10, 06:40 PM EDT If you had all the money in the world, where would you go? If you had all the money in the world, where would spend your summer? [...]
By JERRY McBRIDE/Durango Herald The BootJack Ranch is seen looking south from the overlook along U.S. Highway 160 northeast of Pagosa Springs. BootJack Ranch, the sprawling property at the base of Wolf Creek Pass, has sold for $47 million. The sale may be the priciest residential real-estate transaction ever in Southwest Colorado, and the broker [...]
As a real estate broker that spends his time helping people either buy or sell homes, this word, foreclosure has a lot of emotion attached to it. For many it makes their eyes twinkle. It marks a market that has been a long time coming in Pagosa Springs Colorado. One that gives sharp investors, with [...]
Pagosa Springs is one of the best and most beautiful places to live if you appreciate a small town atmosphere in a dynamic Rocky Mountain setting surrounded by Wilderness Areas and National Forests, Rivers and Lakes, Wildlife and Hot Springs. All kinds of outdoor activities will keep you busy from hiking to fishing to hunting [...]
If you own property in the Pagosa Springs area, I invite you to visit www.Pagosadata.com. This is one of the more popular websites for those looking for Property tax and sales information for Archuleta County properties. We want it to be much more and are planning some upgrades and addition information. So if you have [...]
I hadn’t run any stats lately so I was pleasantly surprised by what I found this week when I went to our Year-to-Date Comparison Report in our CREN MLS. With all the doom and gloom in the local real estate markets, I found some interesting numbers for Pagosa area Residential Properties. Below you will see [...]
QUESTION: I have a lot in the Hatcher lake area. Are the properties selling at all, or is the market still dead…I bought at 48 thousand and its .30 acre. Good unblockable view of the mountains, no lake view, on Monte Vista and North Pagosa Blvd. Answer: The property you own is in Pagosa Highlands [...]
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