| The Farmington phenomenon |
Investors still looking for that golden nest egg need look no further than Farmington, N.M. Durango’s bargain-priced neighbor to the south was recently featured on NBC’s “Today Show” as bucking the national trend of sagging housing markets. Farmington was featured along with three other “up-and-coming” markets nationwide. Other areas included Redding, Pa.; Austin, Texas; and Biddleville, N.C., outside of Charlotte. Not only is Farmington a relative bargain, with the median home price at $188,865, but it is also a good investment, with median prices still climbing to the annual tune of 10 percent, despite the national downturn. All this, and the area is “drop-dead” gorgeous, according to the 10-second stint, which aired last Friday. –Missy Votel |
In this week's issue...
- December 18, 2025
- Let it snow
Although ski areas across the West have taken a hit, there’s still hope
- December 18, 2025
- Look, but don't take
Lessons in pottery theft – and remorse – from SW Colorado
- December 11, 2025
- Big plans
Whole Foods, 270 apartments could be coming to Durango Mall parcel
