Rick's Random Thoughts on Durango Real Estate and Things

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  Understanding Supply and Demand As It Relates to Real Estate So often in our business we use terms or phrases and just assume that the general public completely understands them. The concept of supply and demand and how that affects prices is very critical for people wanting to buy or sell real...
Your Opinion on a Product Reply Inc. I'm a member on several listserv type products and I'm not sure I've ever seen this type of question brought up before on active rain. I've been approached by a lead generation company called Reply Inc. wanting to sell me leads. My basic instinct is I don't li...
  Durango 5 Year Residential Sales Statistics   I recently compiled the Durango 5 year residential sales statistics on a month by month basis. This shows how many residential units (condos and homes) closed from 2007 through January of 2012. The chart below is the result of the analysis of the Du...
 Durango Colorado Real Estate Statistics 2010-2011 Tracking Durango Colorado real estate sales statistics is certainly an important aspect of my job as the Team Leader for Team Lorenz. Those of you that follow me regularly, know that every three months I do a careful year-to-year comparison of th...
  Durango Residential Real Estate Sales since November 1 I thought I would take a quick snapshot of the Durango residential real estate sales since November 1 of this year and share that information with you.  I actually searched all of La Plata County which would include Bayfield and Ignacio of ...
  Have You Heard about the New Radon Testing Standards?       Things don't usually sneak up on me, but I have to admit this one really did. We've been under contract on a home for just under $600,000 and we got  radon test results back at 3.7 pCi per liter which is below the EPA recommended remed...
  Durango Subdivisions near Lake Nighthorse   After many years of battles between proponents and opponents of the Animas La Plata project, Lake Nighthorse has been completed and was officially filled to capacity this summer.  They're still working on the recreation plan for the lake and the land ...
  Durango Colorado townhome with 3 bedrooms, 2 bathrooms and just a little over 1900 ft.² in a two-story design.  With the master bedroom on the main level and with this unit being ADA compliant, it's perfect for a family with kids or for just mom and dad with plenty of space when the grandkids c...
    We have recently completed a different analysis of the Durango La Plata County YTD residential sales statistics.  In the following chart, month by month sales stats are given for the total number of residential units sold in that month for the corresponding year.  No dollar limit, either high...
Looking for a vacant lot to set your modular or mobile home in the Durango or Bayfield area? Guess what? This property is for you. With 3 acres and a small creek running through the property and absolutely minimal covenants, this flat piece of metal land in the Bear Creek Subdivision is just scre...

Rick Lorenz

REALTOR Emeritus, CRS, ABR, CyberStar, CNE, E-Pro
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43+ years of successfully selling Durango Colorado real estate certainly qualifies me as having seen just about everything. There have been funny moments "What do you mean you're going to cash my earnest money check?" And there have been serious moments where we completed a short sale just hours before the foreclosure sale was to occur. My greatest satisfaction comes from knowing that we have the expertise and are able to help those people in what is usually the largest financial transaction of their life. One of our clients once said "We sure are glad that you were at the helm of the ship steering our transaction. A little gray hair behind the ears of the 'captain' sure made these passengers feel safer."