Durango Real Estate Update

A look at the real estate market of a beautiful mountain town

Friday, March 6, 2009

Lately a lot of people have been questioning whether or not they should buy a house right now, with the economy the way it is. The truth is, now might be the best time. I have come up with a top ten list of reasons to buy in Durango right now.
1.) After a year of owning your own home, you actually have something to show for it, as opposed to kissing your rent money goodbye.

2.) Interest rates are low.

3.) There are some really killer deals out there. (By Durango standards anyways)

4.) When you walk out your front door, chances are you will have a really great view.

5.) Little Durango is turning into quite the hotspot among vacationers, 2nd home buyers, and "locals" alike. Great restaurants and local entertainment make it a great place to spend a few days, and this does not even take in to account all the history in Durango.

6.) We have a new regional medical center that is state of the art.

7.) Between natural gas (thank you BP), the Durango Silverton Narrow Gauge Railroad, Durango Mountain Resort, Fort Lewis College, a thriving entrepreneurial spirit, and great pace of life, Durango is a "sleepy mountain town" that is definitely thriving and alive and well.

8.) Durango is home to world class skiing, mountain biking, kayaking, and many more outdoor activities. It is just a really good place just to get outside.

9.) We are 3 1/2 hours from Albuquerque and 6 hours from Denver by automobile, but we do have a regional airport, so you can commute anywhere and still be home, without having to drive a very far.1

10.) Once you have been to Durango, CO you will never forget it, and as such if can you will buy a home here.

I know I am biased...but I really like living here.

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