Just Listed: Mountain Top Living in Hesperus

 
 
 

Welcome Home!

Have you ever dreamed of Mountain Top living?! Here is your chance! Property overlooks a valley and has Mountain Views in every direction! Located in beautiful Hesperus, CO sits this stunning log cabin atop 36 ACRES!! The view to the south overlooks Roberts Canyon, the valleys into New Mexico and you can see as far as Ship Rock! To the north the La Plata mountains tower! The cabin just had its exterior refinished! ($40,000 refinish!) This tri-level log cabin is a cozy retreat during the winter months and a stunning compound during the summer! 2525 sqft. 4 bedrooms (2 of which are conforming) and 3 bathrooms, the extra rooms on the lower level ensures plenty of space for guests! septic report is verified for a 4 bedroom home A detached 4 car garage/shop located directly across from the cabin allows for storage of all the toys needed to enjoy your 36 ACRE parcel! Current owners have established hiking paths down the canyon to a seasonal creek and have cleaned out a tremulous amount of space for ease of access around the entire property. A quick 30 minute drive will take you to the Historic Downtown Durango or to Night Horse Lake! Only an hour away is Purgatory Ski Area and just north of the property on highway 160 is Ski Hesperus! This is a tight-knit community of 8 total properties! You must see this beauty to believe it!

Listed by Chase Sambrano for West + Main Homes + Jeremy Deas for RE/MAX Pinnacle. Please contact Chase for current pricing + availability.

 
 
 

Have questions?
West + Main Homes
(720) 903-2912
hello@westandmainhomes.com

Presented by:
Chase Sambrano
(720 ) 838-5702
chasesambrano@westandmainhomes.com


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Lower mortgage rates stabilize the housing market

 
 

After a waterfall dive, purchase applications data finds its footing for now

Since the weaker CPI data was released in November, bond yields and mortgage rates have been heading lower. The question then was: What would lower mortgage rates do to this data? Now, with five weeks of data in front of us, we can say they have stabilized the market.

Purchase application data came out on Wednesday and the week-to-week data was down 3%, breaking the streak of four straight weeks of growth. The year-over-year data declined 40%, the smallest year-over-year decline since Oct. 19.

For months I have been saying we were going to have challenging comps from October to January because last year at this time mortgage volume was rising — a rare event this late in the year.

Because of that, we should all expect declines of 35%-45% year over year during this period. If things were getting weaker, 53%-57% negative year-over-year declines would be in play. However, mortgage rates have fallen more than 1% since the recent highs, so it’s time to look at the data to explain how to interpret it.

The bleeding has stopped

First and foremost, the bleeding has stopped in this data line, but the context is critical here. We had a waterfall dive in this data line and adjusting to the population, we hit an all-time low, so let’s put the bounce from the lows in context. This isn’t like the COVID-19 recovery where the data was getting noticeably better on a year-over-year metric; the purchase application data just stopped going down.

For now, just think of it as stabilization and we need to see more of this to make a valid premise that the worst is behind us.

 
 

As you can see from the chart above, the last several years have not had the FOMO (fear of missing out) housing credit boom we saw from 2002-2005. Accordingly, we also haven’t had a credit bust in the data line.

What I mean by a credit bust is that after the housing bubble burst in 2005 into 2006, we saw a massive increase in supply. These were forced credit sellers, which means these sellers don’t sell to buy a home like a traditional seller does. Since they were distressed forced sellers, inventory skyrocketed in 2006 and stayed very elevated in 2007 and 2008.

As we can see below, none of that is happening today because the seller isn’t stressed.

Total inventory levels

NAR: Total Inventory levels 1.22 million
Historically inventory levels range between 2 million and 2.5 million, the equilibrium balance between a buyer and seller marketplace that has been here for four decades. Only from 2006-2011 did we see this break due to forced sellers who couldn’t buy homes.

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How to Prepare Your AC Unit For The Winter Months

 
 

As winter approaches, you’ll want to get your home’s air conditioner prepared for the cold season.

Even though you likely won’t be turning on your AC anytime during the winter, it’s still important that you perform certain tasks to help ensure that your unit remains up to standard so that it will be ready to use again when the warmer weather returns.

Shut Off Power to the Unit
Even though your air conditioner will be set to the off mode, you should still make sure that no power is being supplied to your unit. If your unit is still able to receive power, your AC might turn on automatically if you have an unusually warm winter day, and this could waste energy along with your hard-earned money. The switch to shut off power to the unit is usually red and may be located either inside or outside of your home.

Remove Dirt and Debris
Your AC unit has likely accumulated a lot of dirt and debris throughout the year and giving your unit a good cleaning can preserve it better. Cleaning brushes can be used to remove much of the dirt and debris from areas that are accessible. A commercial cleaning solution or a mixture of water and mild detergent often works well for cleaning AC coils.

Hire Maintenance Professionals
AC maintenance professionals, such as those from STA SO COOL HVAC, or another company in your area can do the repairs and upgrades that are necessary to ensure that your air conditioner will last through the winter and be ready to use during the warmer months. These professionals can inspect your system for any problems and perform other tasks like adding coolant, replacing filters, and replacing any damaged parts.

Cover the Unit
No matter if you have a window or central AC system, any portions of your unit that are exposed to outdoor elements should be kept covered during the winter. A reliable cover can keep your unit cleaner and prevent damages that are often caused by freezing weather and other outdoor elements. You can choose from different AC unit covers that are made with insulation materials and fit your type of air conditioner.

Even though the hot season may be over, you shouldn’t forget to give your air conditioner the care that it needs to still function when you need it again. Experienced AC contractors can assist you with any preparation work and offer additional services that may benefit your unit when the weather turns chilly.

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Open Dining Is Out—It's Time To Welcome Back The Formal Dining Room In 2023

 
 

In the fight to idealize our homes, dining rooms have been a devastating casualty.

For many eager to embrace wide, free spaces and opportunities for family time, the dining room fell victim to open floor plans. For others, world events forced the dining room’s transition from a space for family dinners to one meeting newfound homebound needs like home offices, homework stations, or even makeshift home gyms. Before our very eyes, dining rooms have disappeared.

But enough is enough. We miss dining rooms, and we’re not afraid to say it. For too long, they may have been overlooked, but moving into 2023, we’re reclaiming the dining room. In 2022, we leave behind the fad of not having a formal dining area. As luck would have it, the reviews are in and designers agree: Dining rooms are trendy again. Can I get an amen?

Welcoming Back The Formal Dining Room

“For a while, we’ve seen a lot of big, open floor plans where the kitchen, dining, and living fits in one big box, but I think we’re coming back to doing more traditional layouts with separate dining spaces that make things a little more intimate,” says the Louisiana-based principal designer of Thomas Guy Interiors, Lance Thomas. A dining room fan himself, he's noticed an increase in clients requesting formal dining spaces.

Like Thomas, we’re excited about this shift. We’re tired of eating in the kitchen, which is also the living room, and also the family room. And while the open floor concept had the best intentions of bringing family together, we’re tired of just seeing our loved ones more without really having quality time. While an open floor plan gets lost in the hubbub of everyday, a dining room is a place of coming together with loved ones intentionally and focusing on nothing more than a good meal and each other. 

"Bringing people back to more of a communal dining space allows people to reconnect. It’s the only space in the house where you’re not idling or just sitting around,” says Thomas. “Even a casual meal in a formal dining room allows you to reconnect with people and disconnect from technology.”

We don’t always agree with the trends, but this is one we can get behind. We’re firmly on the dining room train because it’s a special place with the power to shift interactions in the home. Plus, the design potential is downright exciting.

Designing A Dining Room

“A lot of people don't realize that keeping rooms separate actually allows for more creativity throughout your home,” reveals Savannah McPartland, design partner at Haddy House Interiors in Houston. “In a dining room, you can really take things to the next level and bring in rich hues, wallpaper, or creative picture frame molding, as opposed to limiting yourself to one color palette like you would if you have an open floor concept. You can do so much more to make a space pop.”

Thomas agrees that separate rooms allow you to personalize your home more and be adventurous in your design. You don’t have to worry about rooms clashing with each other like in an open concept space. Go all out with bold paint choices, textures, wall moldings, and high contrast elements that suit your personal style, no matter what the room over looks like. Have fun with it.

“A lot of times people think the jewel box space—where you can make some bold choices— is the powder room, but I think the dining room is the next jewel box space,” says Thomas.

Creating The Effect In An Open Floor Plan

If you drank the Kool-Aid on the open floor plan fad but crave the intentionality and quality time afforded by a dining room, Thomas recommends doing everything possible to create “a room within a room.”

“It’s important to designate the space for what it is,” he says. “I would start by doing everything you can in your open floor plan space to make it feel special again.” Do this by anchoring that section of the open room with a rug to mark its separation, hanging a unique lighting fixture over the space that’s different from the rest of the room’s lighting, and strategically placing a sideboard or bar cart to section off the dining space. 

With physical barriers created, establish social boundaries as well for your newfound dining area. It’s now a place of connection and quality time to be appreciated. We’ve made the mistake of neglecting the need for a dining room once and we won’t be doing it again.

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The 9 Mistakes Winter Home Sellers Make in Their Yards

 
 

If you’re selling your home in the winter, you might think all you have to do is add some garland and a strand of twinkle lights to that “for sale” sign, and voilà! You’ve got a winter wonderland home buyers will love. 

Not so fast. Even if Mother Nature boosts your curb appeal with freshly fallen snow to adorn your lawn and rooftops, you’ll need to step it up.

“It’s all about first impressions,” says Christa Kenin, a real estate agent with Douglas Elliman in Fairfield County, Connecticut. “Buyers are judging a home before they even step inside.”

They might indeed be rushing inside your home to escape the cold this winter, but they’ll notice a few things as they do. Try to remedy these nine mistakes before putting your place on the market.

Dirty Siding and Windows

You’re likely all in on a deep clean of your home’s interior prior to the open house, but don’t forget about the outside. “The exterior of the home should always be clean before listing it for sale,” says Jon Sanborn, a licensed real estate agent in San Diego and cofounder of SD House Guys, a homebuying firm. He recommends a pressure wash to peel off months’ worth of dirt, mud, and debris from siding and other outdoor surfaces like walkways, driveways, patios, and decks.

At the very least, wash those windows, advises Kenin. “Shiny, clean windows are always appealing and make a home look clean and fresh,” she says. “Clean windows also help distract buyers from focusing on older windows and molding.”

Burnt-Out Exterior Lighting

Tour your home’s exterior at night and make a note of where you need to replace lightbulbs. “A house with burnt light bulbs immediately sends the wrong message and signals that other parts of the home may not be well maintained,” Kenin says. Many home designers will also recommend using all cool or warm bulbs for a uniform look, so keep that in mind when stocking up on replacements.

Crumbling Hardscape

Now’s the time to replace or regrout any bricks or pavers in disrepair around your home’s exterior, especially if they’re lining walkways, says Kenin. It also goes without saying that if snow or ice has fallen, you’ll want to ensure that all walkable hardscapes are clear.

Discarded Sports Equipment and Outdoor Toys

Stow away any sports equipment taking up yard space, like “monster-sized” soccer or lacrosse nets, says Kenin. And if there’s equipment in disrepair — like a basketball hoop with a chipped backboard or torn net, for example — get rid of it. The same goes for old, rickety swing sets and plastic dollhouses. 

Cluttered or Broken Gutters

No one notices gutters until they’re broken or overflowing. Make sure yours are neither, says Sanborn. “Not cleaning out gutters will create an eyesore for potential buyers, as well as possibly lead to water damage or foundation issues if left unchecked,” he says.

Forrest McCall, a real estate professional and owner of the DIY site MamaNeedsaProject.com, agrees. “Realtors and buyers will quickly spot a leaking gutter from melting snow, which can lead to a reduced offer,” he says. 

Overgrown Trees and Bushes

In the springtime, it’s all about a lush green yard for curb appeal. But in winter, it’s all about mitigating damage to your home, according to McCall. “Trimming trees and bushes before snowfall can help prevent potential damage during snow storms, which buyers are always on the lookout for,” he says.

Neglected Roof Repairs

Sanborn says winter is the best time for roof repairs because materials are usually cheaper and hot weather isn’t a concern. “Failing to make any needed repairs can put buyers off, especially when considering the potential expense of having to replace or repair a roof,” he says.

A Shabby Entry

If you’ve got a peeling stair rail, cracked doorbell button, or rotted-out mailbox, fix or replace them all, says Kenin. None of it says “welcome home” to would-be buyers.

A Dirty Pool

Swimming season might be over, but don’t think buyers will ignore a closed pool covered in dirt or soggy wet leaves. “A dirty pool will be an immediate turn-off to potential buyers, as well as create a hazard for anyone who may be interested in taking a closer look,” says Sanborn.

And you thought yard work was just for the spring and fall! There’s plenty to do besides shovel snow and ice in wintertime, especially if you’re looking to attract home buyers. “During winter, buyers will focus on these elements more because they are not busy admiring green grass, landscaping, and pretty flower beds,” says Kenin. By avoiding these common winter home mistakes, you’ll have a better chance of a “sold” sign in your yard by spring.

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