Category Archives: Pagosa Real Estate

Summary of Real Estate Data for End of 2012 Pagosa Springs, CO

FALL HOUSING MARKET UPDATE

SOME SECOND HOME MARKETS SLOWING DOWN Mike Heraty, License Partner-Engel & Völkers Pagosa Springs The recent reduction in the Federal Funds Rate, helped lower 30-year mortgage rates down to the 6.0%-6.25% range. Though above the Covid-triggered rates of 2.5%-3%, the … Continue reading

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GETTING REAL BUYER TRAFFIC

Mortgage rates continue to be a drag on the housing market. In metro areas, there has been a large shift with new home sales now accounting for a much higher than normal share of the total sales. Why is this, … Continue reading

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DIFFERENT PERSPECTIVE ON HOUSING MARKET

While the debate regarding the near and long-term outlook for interest rates continues, there are other forces still at work that impact the housing market. Focusing only on current interest rates is short sighted. Our local housing market is comprised … Continue reading

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NEW YEAR 2023 FROM THE SOURCE

MIKE HERATY LOOKS BACK AND BEYOND 2022 brought an increasingly shifting real estate market to southwest Colorado, which began at the start of the summer. As the impact of Covid-19 decreased, we saw a reduction in the inflow of new … Continue reading

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PATH AWAY FROM COVID-19

“ Frontline Heroes of our community: Health Care Workers, EMS, Law Enforcement, Fire Department, Emergency Services, Teachers and School District employees– be sure to visit The Lift Coffee House next to Mountain Pizza for a free coffee or espresso drink … Continue reading

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MIKE’S MAY 2020 REAL ESTATE VISION

If you are thinking about selling or buying real estate during the next five years, you may want to pay attention to the direction things are heading. For many, residential real estate comprises the largest percentage of their total financial … Continue reading

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BOARDER ENTREPRENEURS IN PAGOSA

Something Pretty DOWP is Here in Pagosa I take my coffee and grab a seat. Before me sits a bright-eyed, curly-haired, handsome young man. He’s full of energy and ambition, and I can already tell he has the kind, considerate … Continue reading

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NEW BUSINESS IN PAGOSA SPRINGS

The Neon Mallard: Build Friendships in the Coolest Lounge in Pagosa Springs The goal was to “create a space that was different than anything else.” Annie DeMille and her husband, Tony hit their goal right on the nose. They’re the … Continue reading

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A REALITY BASED PERSPECTIVE ON SHORT TERM RENTALS

Due to an oversight, an earlier amendment to the Archuleta County Land Use Code created an unintended negative consequence- that is, technically it made short term rental activity within many parts of the county a violation of the code. At … Continue reading

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A PEAK INTO OUR NEW YEAR 2018

According to a recent forecast by Zillow chief economist Svenja Gudell, inventory shortages will drive the market in 2018. There is a huge generation entering the housing market and they are not finding the level of inventory and home choices … Continue reading

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