Category: Land & Plots

A discussion between the Chaffee Board of County Commissioners (BoCC) and the Salida School District was the main agenda item for the BoCC’s Tuesday, April 16 regular session. The BoCC agreed upon the next steps including a group field trip in May to the proposed land purchase site, and an agreement on the price per acre, followed by a purchase agreement draft in June, with the goal of completing an agreement by September, 2024 .

Long-Term Planning for the School District’s Future

The topic is not new: the school district had approached

This is the first time since last August the average sales-to-list price ratio has surpassed 100%. Low inventory and steady demand are buoying home prices.

The average sales-to-list price ratio hit 100.1% during the four weeks ending July 2, marking the first time in nearly a year the average US home was selling for more than its asking price. Additionally, the median home-sale price was down just $1,000 (-0.3%) from a year ago, when prices were near record highs. Stubbornly high home prices, combined with near-7% mortgage rates, are standing in the way of homebuyers, who are faced with near-record-high

On the second season of Max’s real estate reality show Selling the Hamptonsbad-boy agent and new cast member Dylan Eckardt reveals to the cameras regarding his castmates: “I barely like them at all.”

In another scene, agent Peggy Zabakolas walks away from a team get-together and says to her fellow agent (and one-time singer) Ashley Allen, who’s also a new cast member, “Let’s try to stop calling other women bitches.”

Amid the setting of the Hamptons home market — a residential fantasyland of mega-mansions expressly designed to engender a relaxed second-home vibe — the drama on the show includes

After two years of sharp declines, existing-home sales are poised for improvement in 2024. But first, this slice of the housing market must weather the rest of a rocky year in 2023, with existing-home sales expected to end up 18% lower than those of 2022, according to the National Association of REALTORS®. That puts these transactions on track for their worst year in more than a decade.

NAR Chief Economist Lawrence Yun joined other leading housing analysts Tuesday at NAR’s virtual Real Estate Forecast Summit to discuss sales projections heading into 2024—and the experts

Office loans showing signs of stress rose slightly, to $1.2 billion last quarter from $1.1 billion at the end of 2023. But stressed CRE loans fell to 26.4% of the portfolio from 26.7%, suggesting problems aren’t worsening. It stock price rose 7% in midday trading

“CRE is very manageable,” Bible says. “We’ll continue to address it.”

M&T added the relative calm perhaps not last. The bank has decided to park its spare cash in its vaults and didn’t spend any of its capital buying back shares from investors last quarter. Nor is it inclined to do so until it has