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DURANGO ECONOMY!

01-14-08
Charles & Mary Rigby
Charles & Mary Rigby: Real Estate Agent in Durango, CO
  • view my blog
  • Office: (970) 375-2513
  • Mobile: (970) 946-4976
  • Secondary: (800) 834-8445
ECONOMY: At the Southwest Business Forum, an annual event sponsored by Fort Lewis College, speakers presented summaries and projections for the national, state and local economies.



Compared to the gloomy national outlook, things are slightly better in Colorado and La Plata County in particular. Luke Miller, co-director of the Fort Lewis Office of Economic Analysis and Business Research, spoke specifically about La Plata County.



La Plata is experiencing its own housing industry crises, as the median price home price for single family and condominium homes dropped by 10 percent after double digit increases since 2003. Miller called the single family statistic a "healthy correction."



One of the most telling factors identified by Miller was a 24 percent drop in La Plata County building permits in 2007. He gave credit to local builders for their foresight in not making the situation worse. In other areas builders just kept building.



Good news for the local La Plata economy - Miller said the tourism industry, in general, is healthy. Traffic is up 7 percent at the Durango-La Plata County Airport and up 2 percent at Mesa Verde National Park, lodgers tax revenues rose 8.9 percent, and Durango Mountain Resort reported 217,000 visits - 6000 more than in 2006. "All of this is very reflective of a healthy economy," Miller said.

Comparing industry, agriculture, employment and retail statistics for La Plata County and Colorado to the national averages Miller said the situation in Colorado is better than much of the nation.

http://homesindurango.com/
http://durangorealestate.biz/
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DURANGO LIVING!

01-11-08
Charles & Mary Rigby
Charles & Mary Rigby: Real Estate Agent in Durango, CO
  • view my blog
  • Office: (970) 375-2513
  • Mobile: (970) 946-4976
  • Secondary: (800) 834-8445
WHAT A START! So far January has been quite a wonderful hand full. We've had terrific snowfalls. Purgatory is up to a 76" base and the skiing is fabulous. With the construction of the new lodge and condominiums underway its a little difficult to get around but worth it. There's nothing more beautiful than the snow covered San Juans shining in brilliant sunlight backed by a pure blue sky.

We have had buyers in town nearly every day. Our Internet property inquiries and emails are surprisingly strong for this early in the year. We believe our market will continue to be vibrant and strong. People are seeking refuge from city congestion, crime and confusion.

You can be a part of our community. Give us call if we can help. We'll get back to you the minute we get off the slopes.

http://homesindurango.com/
http://durangorealestate.biz/
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Snowdown- Winter Festival in Durango, Colorado

01-08-08
Marlene Gebhardt Durango Colorado Real Estate
Marlene Gebhardt Durango Colorado Real Estate: Real Estate Agent in Durango, CO
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  • Office: (970) 259-3700
  • Mobile: (970) 749-8913

Durango, Colorado's premier winter celebration turns 30 this year. Every January, we put away the holiday lights and start getting ready for SNOWDOWN. Born as a way to "promote fun, commerce and tourism" in the heart of winter, SNOWDOWN is a 5-day festival of wacky events hosted by businesses and groups throughout the community. Wednesday, Jan. 30 kicks off SNOWDOWN 2008 with the wildly funny "Dos and Dont's Fashion Show". The idea for the Show was born when USA Today mentioned that Durango was one of the "worst -dressed" towns in the country. A spoof on all things, the show is a sell-out and one of the funniest SNOWDOWN events. Over 60 events take place over the next 5 days. The hottest SNOWDOWN ticket is the FOLLIES (see www.snowdownfollies.org.) which involves over 100 locals spoofing it up for appreciative audiences. Friday's highlight is the SNOWDOWN Light Parade - where theme floats use lights and hot air balloons light up the cold night with warmth and colorful costumes. Costumes are a given at SNOWDOWN as each year has a theme. This year is YE OLDE SNOWDOWN, a thirty-year quest for fun. Expect to see kings, queens, knights, and plenty of jesters and knaves running around the snowy streets of Durango for SNOWDOWN lets our inner child come out and have FUN!

I am the Co-cordinator (coco2 for short) of SNOWDOWN, and have worked with a great team of people on planning and making SNOWDOWN happen for 7 years. I love it as it involves the whole community in something that is positive and provides fun for entire families, as well as promotes business in the doldrums of mid-winter. An increasing number of visitors now plan to make a trek to Durango for SNOWDOWN, and we love having them. If you're planning on coming, book your rooms early. And, for all the SNOWDOWN news, go to www.snowdown.org. See you at SNOWDOWN! mg- for specific questioins, contact me at coco2@snowdown.org.

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