DMAR Digest | Week of April 28
Check out the featured content, get the scoop with top news stories from the blog, mark your calendar for upcoming events & classes and catch up with the most buzz-worthy social posts from your Association
Denver’s stay-at-home order will be extended to May 8 even as state’s mandate is about to expire
Mayor Michael Hancock will extend Denver’s stay-at-home order to May 8, even as much of the rest of the state will begin to see a relaxation next week of similar restrictions that had been designed to stem the spread of the novel coronavirus. Read More
Coronavirus: Pandemic Unemployment Assistance FAQs
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law on March 27, 2020, provides relief to families, small businesses, and individuals who are self-employed and independent contractors. A key provision in the law creates a temporary “Pandemic Unemployment Assistance” program that extends unemployment benefits to those not traditionally eligible, including self-employed individuals. Read More
CAR Legal Bites: Shelter in Place Updates - April 24, 2020
Colorado Association of REALTORS® General Counsel Scott Peterson discusses aspects of the Shelter in Place order in regards to COVID-19 and real estate in Colorado as of April 24, 2020. Watch Here
Congress Clears Latest Coronavirus Relief Bill to Replenish Funding
The U.S. House passed legislation Thursday, April 23, providing a fresh round of funding for coronavirus small-business relief programs championed by the National Association of REALTORS® and available to REALTORS® through the CARES Act. The Senate passed the bill on Tuesday, April 21. Read More
Despite a Dip in March, Home Sales Push Ahead
While existing-home sales dipped in March as the COVID-19 pandemic sparked stay-at-home restrictions across the country, they're not far off from the numbers a year ago, and home prices continue to rise. Read More
Home Showings Are on the Rise After Steep Fall Off
While showings dropped between March 12 and April 12, data from the national showing service ShowingTime shows that home showings have been on the upswing, with a 39% increase in the last two weeks. The uptick is likely due to virtual showings rather than in-person showings. Read More
Home listing traffic has spiked despite sales going down
Even though new home listings and home sales have dropped since COVID-19 hit, there are more buyers actively looking for homes online than a year ago, according to Zillow. When shelter-in-place orders went into place around mid-March, page views for Zillow for-sale listings fell as much as 19% year over year, the company said. Read More
How to Secure Your Business Through the CARES Act
Hear directly from quick-acting REALTORS®, with businesses of varying structure and size, who successfully obtained Paycheck Protection Program (PPP) Business Loans or Economic Injury Disaster Loans (EIDL). Learn how to navigate the Small Business Administration website, which forms to have on-hand when applying, and tips for finding a lender in your area. Don’t wait—funding is limited. Watch Here
Last Chance: Help House the Homeless for Just $10
Tomorrow, April 28th, is the last day of our 21-Day Fundraising Challenge benefiting HomeAid Colorado, a non-profit organization that offers multi-unit shelters for families and individuals experiencing homelessness, and provides an opportunity to build second chances to get them back on their feet. With your support, a child will sleep in a warm bed, a mother will rest in a safe place and a family will begin to rebuild their lives. With over 7,000 members we have an opportunity to make a substantial impact.
Due to the current COVID-19 crisis and strict social distancing guidelines, HomeAid Colorado was not able to conduct their annual fundraiser, so they are definitely in need of our support.
Through our donations, we have an opportunity to collectively make a substantial impact. Let's use our collective REALTOR® voice for good and do what we can to support those who are struggling in our community during this crisis.
We aren't far from hitting $10,000! We are DMAR, together we do BIG things! Donate Here
Quote of the week
"Things work out best for those who make the best of how things work out."
John Wooden, American basketball player and coach
We're still here for you
DMAR offices may be closed but the DMAR staff is working remotely and still available to assist you by phone or email. If you are looking to reach a specific department or staff person, please refer to the staff directory here, or contact our main line at 303-756-0553 or email email@example.com.
COVID-19 Updates and FAQs
We know many of you have questions regarding COVID-19 and how it will affect your business. To help answer some of these unknowns, we've put together a list of FAQs, which you can view here. If you have additional questions please email firstname.lastname@example.org and we will do our best to provide an answer for you. We are also continuing to update our COVID-19 landing page to keep you up to speed on the Colorado coronavirus outbreak.
Follow us on Facebook for Updates and News
Now more than ever we are making it a top priority to continuously provide important updates and breaking news to our members. Be sure to follow us on Facebook, Twitter, LinkedIn and Instagram for trending news about COVID-19, the economy, our communities and our industry at-large.
Whether self-quarantined or practicing social distancing, we're all spending a lot more time at home right now. And while we know that can be challenging for more reasons than one, now is a great time to catch up on some of the CE credits you may have been putting off. While in-person classes are a no-go at the moment, you still have plenty of options when it comes to your education.
- The CE Shop - use the promo code Support40 to get 40% off
(Code expires this Thursday, April 30th)
- Armbrust Real Estate Institute
Gallup: Only 50% of Americans Believe It’s a Good Time to Buy a Home, an All-Time Low
Only 50% of Americans said that now is a good time to buy a home, according to a survey of roughly 1,000 people released Friday by polling firm Gallup. That represents the lowest share of Americans to have a positive view on the country’s housing market in the time that Gallup has tracked people’s sentiments on real estate. Read More
New-home construction records biggest monthly decline since March 1984, as coronavirus pandemic takes a toll
Builders started construction on new homes in the U.S. at a pace of 1.22 million in March, the Commerce Department said Thursday. This represented a 22% decrease from a revised 1.56 million in February but was 1.4% higher than a year ago. Read More
Credit unions can now also delay appraisals until 4 months after a mortgage closes
Federal banking regulators last week moved to allow banks to delay getting an appraisal on a property for as many as 120 days after a mortgage closes, and now, credit unions can do the same thing. Read More
FAQ about new “safer at home” phase of Colorado’s coronavirus response
With Colorado’s month-long stay-at-home order set to expire at the end of this weekend, the state’s public health officials are entering the next phase of their response to the coronavirus pandemic — something Gov. Jared Polis has called “safer at home.” Read More
Just for you
Three Tier Benefits | Remote Mediation & Arbitration
As a member of DMAR, you also gain access to member-only benefits and services from the Colorado Association of REALTORS® (CAR) and the National Association of REALTORS® (NAR).
DMAR is offering REMOTE buyer-seller dispute resolution services. Your clients can utilize this service for any dispute arising out of a real estate transaction including earnest money disputes. These services can also be provided remotely to you and your clients at this time.
For more information please click here or contact Amber Alvarado, Professional Standards Administrator, at email@example.com or 303-300-8489.