10/19/2026
Happy October, friends!
Here’s your straight shot on real estate. Nationwide, buyers have more choices and more room to negotiate, but monthly payments are still driving decisions. The average 30-year fixed mortgage rate was 7.40% as of October 15, according to Freddie Mac. Your actual rate will depend on credit, down payment and loan program.
Here in Durango and La Plata County, September brought slower sales and more inventory, with single-family supply reaching 7.7 months. Higher-priced sales pushed the median up, but that doesn’t mean every home increased in value. Sellers, price it right. Buyers, let’s look at the numbers and see what works for you! Call or text James at 970-317-3022.
Now, let’s talk snow! The San Juans have a wet system expected October 21–23, with snow initially staying way up high before snow levels could drop toward 10,000 feet Thursday night into Friday. We’re talking mountain snow, not a guaranteed white yard in Durango! Looking farther ahead, NOAA expects a strong to very strong El Niño this winter, with better odds of above-normal moisture across much of the Southwest.
And your snowboarding tip for the month: “Make a fist, save a wrist!” Think of that as a reminder to avoid reaching out with an open hand and a locked arm when you go down. Making a fist alone won’t prevent a broken wrist, and you shouldn’t try to catch yourself on your knuckles either. Wear snowboard wrist guards and practice falling safely with an instructor. Wrist guards can reduce your risk of injury. Let’s spend this winter on the mountain!
Would you like to know the value of your house!? Don’t rely on AI! Call or text me today for a professional opinion of the value of your house in this market! 970-317-3022
James Johnson
Straight Shot Home Durango
R1 Colorado