DMAR Digest | Week of January 11
2020: Year-End Review
We've put together a special report, our 2020: Year-End Review, featuring commentary by former Chair of DMAR's Market Trends Committee, Steve Danyliw, as well as a 2021 Outlook in Denver Area written by Lawrence Yun, Chief Economist and Senior Vice President of Research at the National Association of REALTORS®, and Nadia Evangelou, Senior Economist and Director of Forecasting at the National Association of REALTORS®.
Let's take a look back on a very interesting year for real estate.
Quote of the week
“Wonder what your customer really wants? Ask. Don’t tell.”
Lisa Stone, American Businesswoman, co-founder and former CEO of BlogHer
DMAR Real Estate Market Trends Report | JAN. '21
High appreciation along with historic sales volume created another benchmark in 2020 of over $33.1 billion of residential real estate sold. Read More
Digging Deeper: December 2020 Records
December 2020 was yet another record-breaking month. In this report, the DMAR Market Trends Committee examined the various records broken in this month. Read More
[INFOGRAPHIC] Market Trends Overview | JAN. '21
Download the January Market Trends Report infographic. This is a great resource to share with your clients and colleagues on social media, your website or via email or even print. Read More
Metro Denver housing market navigates pandemic to a record-setting year
Metro Denver’s housing market ended 2020 with a bang, popping the roof with a record-high number of home sales and busting through the basement with the fewest listings available for sale, according to an update Wednesday from the Denver Metro Association of REALTORS®. Read More
Denver-area housing market caps off 2020 with another record-setting month
Active for-sale housing inventory in the 11-county Denver metro reached an all-time low at the end of December, capping off a historic year for Denver's housing market. Read More
Low mortgage rates drive record number of home sales in Denver
There have never been fewer "For Sale" signs on lawns in front of Denver homes. There were only 2,541 active listings on the market in December, according to the Denver Metro Association of REALTORS® (DMAR). That’s the first time ever Denver has seen under 3,000 listings. Read More
Today’s Real Estate Market – I know. I wonder. I’m boggled! | Guest Post
There is no doubt in my mind that 2021 will be another incredibly strong year for housing. Low rates, favorable demographics, rising wages, and the wealth effect created by a staggeringly out of control stock market will be the story of 2021. With interest rates hitting record lows 16 times in 2020, buyers and investors alike are taking advantage of increased purchasing power and are willing to pay what a seller asks to get their piece of real estate! Read More
Denver Homes Overvalued Even as Prices Keep Rising, Report Says
A new report from CoreLogic, a national data analysis firm, finds that homes in metro Denver are overvalued even as prices continue to rise. And one of the driving forces behind the study predicts that costs will keep going up through most of the next year. Read More
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January 15 | DMAR Connect: The Road Ahead
Join us for the first DMAR Connect of 2021 and learn what the road ahead looks like as we enter the new year. Steve Murray, President of REAL Trends, and DMAR's CEO, Nobu Hata, will discuss what we learned from 2020, the current landscape of brokerages, changes to the Model MLS Rules and Regulations as well as MLS Policy Statements and what trends to watch in 2021. Free RSVP
New Resource | The A to Z of Real Estate
Have you seen our new real estate glossary? This is the perfect way to help your clients understand all the real estate lingo that comes up during the buying and selling process. DMAR’s A to Z of real estate features over 130 terms and is a great tool for you to share with clients - especially those first-timers dreaming of homeownership in 2021! Download Here
Back by Popular Demand | Showing Supplies Basket
Our Showing Supplies Basket has been restocked! They include all the gear you need to conduct safe and clean showings including face masks, shoe covers, nitrile gloves, hand sanitizer and more. Shop Here
Industry Partner Spotlight
Michelle Tripp with Painted Prairie
Painted Prairie is a neo-traditional design/land plan community designed by Peter Calthorpe Associates, with the assistance of Mark Johnson at Civitas Denver. It is the only neo-traditional master-planned community in the northeast market of the Denver Metro Area.
With 640 acres of fresh, unexpected living, Painted Prairie boasts a 30+ acres park system featuring natural playscapes and whimsical playgrounds designed by Beanstalk Builders. The park system is touted to be one of the best community parks along the Front Range. At the heart of Painted Prairie will be an active, creative Town Center offering 55 acres of walkable, connected gathering places offering eats, drinks, destination dining, health and wellness, collaborative workspaces and boutique hotels. The neighborhood is situated for easy commutes and access to Denver's arts and cultural activities. Situated across the street from the Gaylord Rockies Convention Center and located halfway between Anschutz-Fitzsimmons and Denver International Airport, with easy access to the A-Line rail, E470, DIA, 56th Avenue, I-70, Downtown Denver and I-225, the community is conveniently located from just about anywhere.
To learn more about Painted Prairie and our exclusive Broker relations program, Prairie Partners, contact Neneh Biffinger at 720-432-2284.
Just for you
Three Tier Benefits | Back At You
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).
Automate your social media marketing.
Back At You provides REALTORS® with a Social Media Center that's simple to use and customized to your marketing needs. Simply choose your level of automation, and Back At You does the rest: promoting you and your listings on today’s most popular social networks including Facebook, Instagram, LinkedIn and more.
Member benefit: An exclusive NAR Starter Plan, to make it simple and affordable for you to get started. Plus, member savings on advanced plans and an enterprise plan for brokers.