Yes, the financing industry is tightening up many of their requirements for loan approval but there is plenty of money available to lend and interest rates are great and inching downward. Now is the time to buy property--vacant land included. There is a tremendous number of properties to choose from. So Buyers the time is NOW to invest in Durango, Bayfield and other areas of La Plata County.

This lovely home and acreage offers an affordable choice for the discriminate buyer looking for horse property. Privacy and beauty surround this home. For more information go to: http://www.durangohomespecialist.com/inc/pmisc?pid=277

 

Few horse properties can hold a candle to our beautiful listing in Sweetwater Springs Ranch. Located just 20 minutes from Durango, this property offers the horse enthusiast so much. Please take a closer look at the many features of this property:  http://www.durangohomespecialist.com/inc/pmisc?pid=289

 

Our new listing is located in Mesa Meadows offering close proximity to Bayfield schools, the historic town of Bayfield and all the conveniences of the area. Please take a look at this well maintained home at: http://www.durangohomespecialist.com/inc/pmisc?pid=293

 

Durango has made the list of places John McCain will visit this week in Colorado. The presidential campaign has brought the limelight to our beautiful town and we are happy to receive the exposure. Now more people can see what a fabulous place exist in the southwest corner of the state.

Just six miles east of Bayfield is the subdivision of Deer Valley Estates. This subdivision offers serenity within the pines with three sides bordering National Forest. Access to National Forest is available for all subdivision residents. The available lot is privately situated on a 3.53 acres with the well already in place. Build your Colorado dream home on this property and enjoy a peaceful life amidst the pines. For more information go to: http://www.durangohomespecialist.com/inc/pmisc?pid=262

 

This Bayfield townhome offers it all: location, well maintained property and great price. Enjoy the ease of a low maintenance property with paved roads and drive. The home has three bedrooms, two baths and offers an attached two car garage. The current owners have maintained the property to still look brand new. A must see for those interested in living in the affordable community of Bayfield. Take a look: http://www.durangohomespecialist.com/inc/pmisc?pid=278

 

This property offers a tremendous opportunity to own your very own ranch or subdivide the property into seven parcels. The subdivision process has already been started.  There are gorgeous 360 degree views of the mountains and valleys. A mobile on the property has been completely remodeled and would offer a comfortable home while you build your Colorado dream home. So many options for this lovely property with a private location. For more details go to:  http://durangohomespecialist.com/inc/pmisc?pid=280

This lovely Durango horse property is still available for interested buyers who are looking for a premier horse facility with privacy, conserved land, and gorgeous surroundings. Check it out at:  http://www.durangohomespecialist.com/inc/pmisc?pid=289

Another price reduction for this lovely log home in Bayfield. This large home is now priced at $400,000 which is only $127.23 per square foot. Click on the following link for more information: http://durangohomespecialist.com/inc/pmisc?pid=260

 

This week the FHA loan interest rates bumped up to 7% and some changes to the underwriting rules also took place.

The three winners of our Fall shopping spree at Christopher & Banks are Theresa Spencer, Kathy Hogan and Cookie Seale. Congratulations ladies and thank you for entering our monthly drawing. Stay tuned for our November giveaway which will be a delicious Honey Baked Ham shipped directly to your home for the holidays.

There is Good News: 

 Real Estate activity in La Plata and Montezuma County is adjusting a bit but well maintained properties in good locations and competitively priced are selling. In the past 45 days we have had the opportunity to assist with the sale of the following properties:

1135 Florida Rd. Unit #C-28/ In-town Durango condo/Found the Buyer/Sold Price $158,000

171 Pinewood Dr./1 acre lot in Forest Lakes/Represented the Seller/Sold Price $58,500

209 Halto Via Circle/In-town Durango home/Represented the Seller/Sold Price $301,000

426 Windsong Lane/Horse property east of Bayfield/Found the Buyer/Sold Price $550,000

11878 Road 42/Mancos rural property/Represented the Seller/Sold Price $260,000

6 Ferringway Circle, Unit 44/In-town Durango condo near Fort Lewis College/Represented the Seller/Sold Price $155,000

110 Lendy Lane/Durango rural property/Sale Pending/List Price $349,000

5950 Road 46/Mancos rural property/Sale Pending/List Price $425,000

There are active buyers and our market is moving forward. Recent statistics show that Wells Group agents are involved in 1 out of every 3 closed transactions. If you are interested in finding out more about the real estate market in Durango, Bayfield, Mancos, Ignacio or surrounding areas, please contact me. I'm happy to assist and answer your questions.