Mortgage Applications Rising

Good day, It appears demand for mortgage applications nationally is rising – in spite of recent fall out from the subprime lending fiasco.  It was reported today the so-called Mortgage Banker Association Market Composite Index is up a full 1.6%. This number translates into a 23% increase in mortgage application activity over a year ago. Interestingly, Read More >

National Real Estate Market Influences

Good morning, The Summit County Daily reported this past week on the weakening real estate market in Durango. Median prices for homes in this community dropped 1% and it appears sales are slowing a bit due to a slump in the national housing market. Durango buyers need to sell their homes elsewhere to free up the capital to Read More >

Posted in Blog Posts | Comments Off on National Real Estate Market Influences

Builders and Baby Boomers

Good day readers, Interesting insights to the booming baby-boomer market in today’s article from the Denver Post. It seems builders are being challenged more than ever to create amenity-rich, well priced properties in great locations for the huge baby-boomer real estate market. Its no different in Crested Butte and Gunnison Colorado. With the recent boom Read More >