Author Archives: Mike

WHO OWNS PAGOSA?

With the current controversy swirling around Wal-Mart’s plan to build a store here in Pagosa Springs, some of the opinions stated in Letters to the Editor as well as the public forums have centered on “ownership” of Pagosa Springs. Some … Continue reading

Posted in Archuleta County, Colorado Landowners, Pagosa Springs, Property Rights, Wal Mart | Tagged , , , | 1 Comment

HORMONES TO DRIVE HOUSING RECOVERY!

Those are not my words, but those of the Oracle of Omaha, Warren Buffett, one of the most successful investors in the world. In his annual Letter to Shareholders released at the end of last month he said he had … Continue reading

Posted in Berkshire Hathaway, Housing Recovery, Pagosa Real Estate, Warren Buffett | Comments Off on HORMONES TO DRIVE HOUSING RECOVERY!

Alamos, Sonora, Mexico and Pagosa Springs

This blog entry will not have much to do with real estate. If you want or need specific real estate data or assistance, drop me an email at MikeHeraty@frontier.net, or call me at 970 264-7000. ALAMOS, SONORA, MEXICO I recently … Continue reading

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PAGOSA SPRINGS AND ALBUQUERQUE–“What Up With That?”

Is the Albuquerque Real Estate Market Important to Pagosa Springs? Good question. Yes, actually, the Albuquerque economy is important to Pagosa Springs for several reasons. Historically, a large number of second home owners came to our area from Albuquerque. Today … Continue reading

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First Glimpse at 2012 and Some Insights On Bank-Owned Properties

Initial results recorded in our local MLS indicate we are ahead of last year in the first three week of the New Year. Total closed sales volume for the first three weeks was $3,570,000 as compared to $1,928,700 for the … Continue reading

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THANKFULLY WE HAVE GOOD SNOW AT WOLF CREEK SKI AREA

  Though our Wolf Creek Ski Area has the best snow in Colorado, (or nearly anywhere in the Rockies) we do need some fresh powder. The Ski Area is doing a good job grooming the runs, but without some additional … Continue reading

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2011 DATA SHOWS IMPROVING REAL ESTATE MARKET- Part Two

PART TWO:  2011 REAL ESTATE MARKET SUMMARY  Results for 2011 improved in most categories. 507 closings totaling $114 million in sales were recorded for the year. During 2010 there were 400 closings for a total of $87 million. The total … Continue reading

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YEAR END FIGURES SHOW IMPROVING REAL ESTATE MARKET

PART ONE:  Another year is gone and the results are in the book. 2011 was a better year for the local economy, at least by most measurements. Yes, there still were too many foreclosures and too many distress sales, and … Continue reading

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WHO IS BENEFITTING FROM RECENT GAS WELL DRILLING?

BIG GAS WELL DRILLING PLAY IN ARCULETA COUNTY A few days back I took a long drive down Cat Creek Road. The last time I traveled more than five miles down this road was when I was showing the Candelaria … Continue reading

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LET’S TREAT ALL OUR VISITORS LIKE GOLD!

THE EXTRA IMPORTANCE OF GOOD CUSTOMER SERVICE IN A TOUGH ECONOMY While visiting the Pagosa Baking Company recently I encountered a group of six Hispanic women that were ordering food and coffee at the counter. As I often do with … Continue reading

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