Archive for March, 2009

Mar 25 2009

We’re off to Washington

Published by under Local News Affairs

For our Spring Break week, Liz and I are headed off to our Nation’s Capitol.  We have never spent time there and are looking forward to taking this trip rather than our usual spring romp on some Mexico beach drinking bottled water.   They say that when you drink from the Potomac you are never quite the same.  But I think that just applies to the politicians. 

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Mar 23 2009

Echo Canyon Guest Ranch – New Listing

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I am extremely pleased to announce that we have been selected for an Exclusive Listing Agreement to market the fabulous Echo Canyon Guest Ranch property located between La Veta and Cuchara.  If you have never been up to the Guest Lodge for a summer evening barbeque, you don’t know what you’ve missed.  A truly great property and priced at a great value.  Nearly 900 acres from the Devils Stairstep up to the Echo Creek waterfall.   Click the link below to see details of this beautiful property. 

http://www.lavetarealty.com/property_detail.php?listing=195

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Mar 22 2009

The Summit at UpTop

Published by under Local News Affairs

About 8 miles west of La Veta as you head up US 160 to La Veta Pass, there is an old road exit to the south, named Old La Veta Pass.  Well, it’s not really the Old Pass but the Old Road over the Pass. A beautiful drive climbs to the top where there  are relics of an old abandoned community.  Sisters Sam Law and Deb Lathrop own the property  up top there and have been slowly stabilizing and improving the site.  They intend to have drive-thru tours available to the public by this summer. 

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Mar 22 2009

Early Fire Ban

Published by under General Information

The Huerfano Board of County Commissioners has placed the County under a Stage 1 fire ban.  Severely dry spring conditions have brought about the ban.  Stage 1 prohibits campfires, except in developed campground; smoking, except within vehicle or barren area and prohibits fireworks of any kind.  Ranchers are hoping for moisture soon for more irrigation to get their hay started for the season.

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Mar 20 2009

Breakfast

Published by under General Information

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One of my favorite spring photos thus far.

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Mar 19 2009

Elk Pasture

Published by under General Information

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For the past week, we have had a nice herd of elk in the pasture below our house.  The grass along the creek must be greening up a little.  They stay back in the timber during the day, but are very visible early morning and late afternoon.

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Mar 17 2009

Housing Indicators

Published by under Real Estate News

We may have seen an important indicator of where housing is headed last week, when new mortgage applications for home purchases and refinances suddenly surged as they hadn’t in months.  Applications for FHA loans to buy houses were up by 10.4 percent. And overall home purchase applications jumped by 7.1 percent.

Meanwhile mortgage interest rates dropped to their second lowest level in nearly two decades, according to the Mortgage Bankers Association. Thirty year fixed rates averaged 4.96 percent and fifteen year rated dropped to just 4.5 percent. Why’s this important? New financing applications to buy homes obviously point to rising purchase contracts and closed sales in the months ahead. They also suggest that prices have hit a level in many markets that is attracting once-hesitant buyers off the sidelines.

Even amid these problems, however, there are some hints of possible improvements ahead. For example, a new study by research firm Realty Trac and USA Today found that despite the constant headlines about record levels of foreclosures, the more closely you look, the more you find that those numbers are highly concentrated in a relatively small number of counties.

More than half of the nation’s foreclosures in 2008, researchers found, were concentrated in just 35 counties in 12 states. You can guess where: California, Las Vegas, Phoenix and Florida.

But the really eye-opening finding: In more than 650 other counties, representing one fifth of all markets in the U.S., foreclosure numbers have actually declined since 2006.

Foreclosures are horrible no matter where they occur. But the fact is: Huge portions of the United States have NOT been seeing record foreclosures, short sales or even serious property value declines.     (from RealtyTimes)

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Mar 15 2009

Ranch Price Reductions

Published by under Real Estate News

 Check out the big price reductions on several great ranches.

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Rio del Oso 1.6 M   Reduced to $975,000

Gorrell Ranch 1.175 M   Reduced to $974,000  

See details at                             http://www.lavetarealty.com/property_list.php?category=ranch

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Mar 13 2009

Jury Duty Scam

Published by under General Information

My buddy Allen at Wells Fargo made me aware of a new scam going around.

This has been verified by the FBI (their link is also included below). Please pass this on to everyone in your e-mail address book. It is spreading fast so be prepared should you get this call. Most of us take those summonses for jury duty seriously, but enough people skip out on their civic duty, that a new and ominous kind of fraud has surfaced.
The caller claims to be a jury coordinator. If you protest that you never received a summons for jury duty, the scammer asks you for your Social Security Number and date of birth so he or she can verify the information and cancel the arrest warrant. Give out any of this information and bingo—your identity was just stolen. The FBI and the federal court system have issued nationwide alerts on their web sites, warning consumers about the fraud.
Check it out here: http://www.fbi.gov/page2/june06/jury_scams060206.htm
And here: http://www.snopes.com/ crime/fraud/juryduty.asp

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Mar 12 2009

Snow?

Published by under General Information

Weather forcast is for 8″ to 12″ of new snow Thursday night.  We have been dry for past 3 to 4 weeks with little or no measurable precip.  We will welcome some new powder.

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