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Season’s  Greetings

This year has brought expansion to Blue Ribbon Properties, we added three new agents welcoming Terry Sadler, Don Ferris and Bill Powell. We’ve expanded into property management in Bayfield, Durango and Farmington area in addition to our continuing premium real estate sales services in Colorado and New Mexico. Sales volume is up and that’s a tentatively strong signal for the upcoming year!



What a turbulent year 2011 has been, another year marked with dramatic changes and challenges. Several of you took advantage of the opportunities in this market, refinanced at historically low interest rates or bought real estate at reduced prices. Others are still waiting in the wings for the right deal to come along, or maybe you are getting frustrated trying to sell your property in a tough market.

Regardless of your position in the real estate market, we continue to see that your need for accurate and up to date information is greater than ever. We continue to pride ourselves on having established our blog as one of Durango’s best sources for real estate statistics! Every Friday we post an update of sales and new listings and we are proud to say that our number of subscribers is steadily increasing.

If you haven’t subscribed to our blog articles, we would like to encourage you to do so at BlueRibbonDurango.com or follow us on Facebook at fb.com/blueribbonproperties.

Overall, the recent activity, coupled with the pent up demand of potential home buyers who haven’t bought in the past few years, leads me to continue to forecast a healthy albeit slow market recovery.

Being the optimist that I am, I can’t help but point out the positive news and real estate market headlines over the past few weeks:

“The U.S. Economy – Finally, Some Positive News”, The Economist, Nov 26, 2011

“an improved outlook for at least the near future is now showing up all over the economic data.“

“Housing in 2012: Things are looking up”, Money Magazine, Dec 2011

“The outlook: Most of the country will see the housing market stabilize, just don’t bet on a big increase in prices.”

“Housing looking better …”, Durango Herald,  Nov 20, 2011

“We’ve recently had some OK local economic news. Real estate appears to be recovering. Builders are feeling confident enough to start spec homes for would-be buyers, and between September and October, foreclosures fell 15 percent. New home permits are trending upward nationally and in Colorado. The National Association of Home Builders reports new home sales rose 5.7 percent last month. Nationwide, home inventory has fallen to about six months, a far cry from the 12-month surplus in 2009. And some believe the pent-up demand of people waiting for a more robust economy, living with family and friends, is about to be unleashed..”

As another year comes to a close we are reminded of just how fortunate we are to have wonderful families and friends, steady business and last but not least we get to live in beautiful Durango and enjoy all the wonderful activities around us. We know that it is the people in our lives that bring real joy and happiness. Together we can overcome anything!

We sincerely value your business and are here to help you with all your real estate needs. If you know anyone who may be thinking about buying, selling or renting, or simply could use information on real estate please do refer them our way. We promise to take excellent care of you and them!

Have a Happy New Year! Here’s to an awesome 2012!

Claudia Williams and the Blue Ribbon Team

 

Claudia Williams
Owner/Ecobroker/Exchangor

Blue Ribbon Properties, 835 Main Ave #214, Durango, CO 81301

970 247 8388 (office), 970 749 3555  (cell), 970 247 8360 (fax), claudia@blueribbondurango.com

Connect with Claudia on facebook, Buzztown Durango, twitter and my blog articles

Be sure to LIKE Blue Ribbon Properties on Facebook!

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