Wolf Creek Pass At 103 Posted by Galles Properties on March 29th, 2022 In August 1916, an article in the Creede Candle detailed the dedication of the new Wolf Creek Pass Highway, when over 200 vehicles traversed the new highway to celebrate its completion. "After following the road, which reminds one of a boulevard, along the mountainside for a distance of twelve miles it emerges into a beautiful park, the scene of the celebration," the writer reflected. "The machines began to arrive in real earnest and...there was a constant stream of automobiles pouring into the grove from both ways." The dedication, attended by hundreds, including the Governor of Colorado, would establish Wolf Creek Pass as an integral link between South Fork, Pagosa Springs and Durango. "At three o'clock the celebration was… 77 Views, 0 Comments Read Full Post
Pagosa Springs Home Offices Posted by Galles Properties on March 29th, 2022 Love Where You Live . . . Live Where You Work! Many of us have perfected the art of working from home. Imagine working from one of these beautiful homes for sale in Pagosa Springs, CO - where modern infrastructure meets small-town friendliness and stunning mountain views! In Pagosa Springs, the skies are ALWAYS crisp and clean - and year-round recreation is a way of life. We shopped our Galles Properties listing collection and found some fabulous home offices that may be just what you're looking for! Our team of Brokers is standing by to help you find your ideal home office in any price range. Contact us today! Call 970.264.1250 or email info@GallesProperties.com 62 Views, 0 Comments Read Full Post
Why This Is A Great Time To Sell Your Colorado Vacation Home Posted by Galles Properties on March 29th, 2022 Is this a good time to sell your Pagosa Springs vacation home? As vaccines are administered and travel resumes, many of us are beginning to plan for those vacations we missed out on over the past year. And some households are focusing their efforts on buying a vacation home rather than staying in a hotel. The National Association of Home Builders (NAHB) reports: “Second homes (i.e., homes sold to buyers who are not going to occupy the home year-round, but use it as a vacation home, investment property, etc.) account for 15 percent of new single-family home sales.” In Pagosa Springs, inventory is at a record low. It’s not surprising that there’s an increase in demand for vacation homes. The majority of Americans are realizing they prefer… 73 Views, 0 Comments Read Full Post
4 Tips To Maximize The Sale Of Your Property Posted by Galles Properties on March 29th, 2022 Here are 4 tips to maximize the sale of your property. Property owners ready to make a move are definitely in a great position to sell today. Inventory is incredibly low, driving up buyer competition. This gives property owners leverage to sell for the best possible terms, and it’s fueling a steady rise in property prices. In such a hot market, properties are selling quickly. According to the National Association of Realtors (NAR), homes are typically on the market for just 18 short days. Despite the speed and opportunity for sellers, there are still steps you can take to prep your house to shine so you get the greatest possible return. 1. Make Buyers Feel at Home One of the ways to make this happen is to take time to declutter - inside and… 75 Views, 0 Comments Read Full Post
Is Home Price Appreciation Accelerating Again? Posted by Galles Properties on March 29th, 2022 Which Direction Is Your Home Price Appreciation Headed? At the beginning of the year, industry forecasts called for home price appreciation to slow to about half of the double-digit increase we saw last year. The thinking was that inventory would increase from record-low levels and put an end to the bidding wars that have driven home prices up over the past twelve months. However, that increase in inventory has yet to materialize. The National Association of Realtors (NAR) reports that there are currently 410,000 fewer single-family homes available for sale than there were at this time last year. This has forced those who made appreciation forecasts this past January to amend those projections. The Mortgage Bankers Association, Fannie… 72 Views, 0 Comments Read Full Post
Traveling To Pagosa Springs Has Never Been Easier Posted by Galles Properties on March 29th, 2022 Great news for all of our visitors traveling to Pagosa Springs this summer! Durango-La Plata County Airport, located an hour from Pagosa Springs, has announced that beginning in June, 2021, Frontier Airlines will be establishing year-round nonstop service between Durango and Las Vegas, and seasonal nonstop service to Denver International Airport, a popular traveler hub. The added service will provide passengers at the Durango, Colorado airport with a fifth year-round nonstop destination (six over this summer with previously announced DRO-LAX service) and expanded Denver routes. The Frontier news, coupled with the recent addition of Delta Air Lines service, means that the 2021 summer seat capacity will exceed 2019 levels. Those traveling to… 85 Views, 0 Comments Read Full Post
This Is The Time To Sell Posted by Galles Properties on March 28th, 2022 3 Graphs Showing Why This Is The Time To Sell There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your favor when you’re ready to purchase your dream home, and high buyer demand may give you the leverage you need to negotiate the best contract terms on the sale of your property. Here’s a look at what’s driving this sellers’ advantage and why there’s so much opportunity for property owners who are ready to move this season. 1. Historically Low Inventory The National Association of Realtors (NAR) explains: “Total housing inventory at the end of March amounted to 1.07… 68 Views, 0 Comments Read Full Post
Sellers Ready To Return To The Housing Market Posted by Galles Properties on March 28th, 2022 Sellers Are Ready To Return To The Housing Market One of the biggest questions in real estate today is, “When will sellers return to the housing market?” An ongoing shortage of home supply has created a hyper-competitive environment for hopeful buyers, leading to the ultimate sellers’ market. However, as the economy continues to improve and more people get vaccinated, more sellers may finally be in sight. The Home Purchase Sentiment Index (HPSI) by Fannie Mae recently noted the percentage of consumer respondents who say it’s a good time to sell a home increased from 61% to 67%. Doug Duncan, Senior Vice President and Chief Economist at Fannie Mae, indicates: “Consumer positivity regarding home-selling conditions nearly matched its all-time… 66 Views, 0 Comments Read Full Post
3 Things To Prioritize When Selling Posted by Galles Properties on March 28th, 2022 3 Things To Prioritize When Selling Your House Today’s housing market is full of unprecedented opportunities. High buyer demand paired with record-low housing inventory is creating the ultimate sellers’ market, which means it’s a fantastic time to sell your property. However, that doesn’t mean sellers are guaranteed success no matter what. There are still some key things to know so you can avoid costly mistakes and win big when you make a move. 1. Price Your Property Right When inventory is low, like it is in the current market, it’s common to think buyers will pay whatever we ask when setting a listing price. Believe it or not, that’s not always true. Even in a sellers’ market, listing your property for the right price will maximize the… 72 Views, 0 Comments Read Full Post
4 Reasons to Move to Pagosa Springs Posted by Galles Properties on March 28th, 2022 Does the perfect place to live really exist? It depends on what kind of atmosphere you’re looking for, but if you’re someone who loves the outdoors and the peace and security of the mountains, then we have the perfect spot for you. Pagosa Springs is an amazing location that offers outdoor activities, beautiful mountain scenery, and more. Continue reading to learn about a few reasons you should move to Pagosa Springs, and reach out to Galles Properties to explore our Pagosa Springs real estate today! Play Where You Live The best life has an equal balance of work and play, but nothing is worse than having to plan vacations in order to get your fill of fun. In Pagosa Springs, you have the benefit of being able to play where you live. You’ll have access… 69 Views, 0 Comments Read Full Post
