Durango, Colorado is growing slowly and steadily in value. During the boom in housing prices over the early to mid nineties, real estate in Florida, California and the south doubled and tripled in value. During that time Durango real estate enjoyed a maximum gain of %17 in 2006.
Durango Real Estate prices grew more slowly based on our quality of life due to Durango's vibrant culture, vast outdoor recreation resources and very low taxes. Speculation on
Durango Real Estate did occur, but apparently to a lesser extent than across the country. Durango's foreclosure rates are among the lowest in Colorado and the United States.
The luxury condominium developments in Durango amaze the old timers by attracting well heeled buyers to modestly sized in town units which can easily sell for over $1 million dollars. Yet, you'll discover gorgeous
condominiums at buys, well below other Colorado resort town offerings.
The recent
1111 Camino Del Rio project offers riverfront condo luxury living. Upscale interiors are standard, as well as extra storage within or near all residences. These special condos are built to Colorado Energy Star efficiencies.
Welcome to
Durango-Real-Estate.net, the location with everything you want to know about buying real estate, homes, ranches, land and investment properties in Durango and Southwest Colorado. Also, you'll find insightful information on vacation properties, including homes and condos in and the surrounding areas of Durango.
Durango is the home of Fort Lewis College... Fort Lewis offers accessible, high quality, baccalaureate liberal arts education to a diverse student population, preparing citizens for the common good in an increasingly complex world.
A good way to keep "in touch" with the Durango area happenings is to catch a read off our local newspaper,
the Durango Herald which offers up some curent events and up-dates around Durango.
Durango new home developments are attracting all types of buyers. Rising land prices, a growth-averse Durango City Council have exported the affordable hosing markets to the neighboring towns of Bayfield, Ignacio and Mancos.
The majority of new home developments in Durango are multi-family higher density projects, inclusive of up-scale Condo projects. While making a better use of Durango's increasingly stable real estate values, these projects offer residents an increasingly popular, maintenance free lifestyle.
With stable land prices and the increasing popularity of Durango Colorado, developers are meeting the requests of high end properties featuring upscale, modern design, high end appliances and finishes. The luxury home buyers in Durango are rewarded by fine living amenities like professional kitchens, luxurious baths, in floor heating and of course the convenience of premium locations.
Houses, including luxury homes, and upper end Condos have a bright futures in the
Durango Real Estate marketplace. according to demographers. The Atlantic Magazine has declared the demise of the tract home, predicting that buyers will flock to "walkable urban cores". Part of the Reason "The Boomers themselves are becoming empty-nesters, and many have voiced a preference for urban living.
Sondra
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