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Sales are strong in the Durango area. Low interest rates are driving this factor for the most part and I've got a link to a short video from one of our local lenders, Peter Pritchard with Animas Mountain Mortgage, who talks about where he thinks rates are headed. Click below for the up to date comparisons of the current rates and loan products (5/27/15). By the way, we have several excellent local lenders and I'm happy to send you their contact information so you can compare and find the right fit for you.
And have I mentioned RHA? The Rural Housing Alliance of La Plata County is one of the coolest organizations around! If you're a first time home buyer, or if it's been while and you need a refresher course in today's real estate process, this is right up your alley. RHA offers mortgage assistance and education to La Plata County residents to help reduce the cost of buying a home. So much great information! I'm a volunteer real estate instructor with RHA because I believe it's such a worthy cause.
And one more resource for you. Here is our Coldwell Banker Local Market Study for 2014. What I like about this is that area subdivisions are broken out specifically so you can see the numbers in your neighborhood.
Happy June! Summer is almost here!
P.S. I'm not endorsing Peter exclusively, but he presents the material and information in an easy to understand way. I relate to graphs and pretty colors. Don't you? However, we have great local lenders that know our area and they have great ideas of which loans work best for each individual's needs.
And lastly, thank you very much...Trish