DMAR Digest | Week of July 13
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.
We Need Your Help: Fundraiser for the Family of Liya Taylor
You may have heard about the tragic story of Liya Taylor, a Denver native who lost her life last week, just days before she was to close on her house for her three kids (ages 11, 18 and 22). Tragically, one of the main reasons for the family moving was to relocate the youngest child from a school where he suffered ongoing bullying. Now these kids are without a mother and without a place to call home.
Compass agent Rachel Kennedy created a GoFundMe and in just a couple of weeks has raised over $100k! The goal is to raise $400,000. Rachel is an incredible example of how the role of a real estate agent goes above and beyond the transaction.
Now more than ever, we are asking the DMAR community to come together to donate and spread the word about this fundraiser. Please consider donating what you can and sharing this with your spheres.
Quote of the week
“If you don’t drive your business, you will be driven out of business."
Bertie Charles Forbes, Scottish-American financial journalist
Apply Now! CAR, NAR and REcolorado Director Positions
We have six open seats for NAR, CAR and REcolorado Directors. To be considered, submit your application by 5:00 PM on Friday, July 24th. Applications must be submitted by 5:00 PM on Friday, July 24th. Read More
August 27 | Focus on the Future: A Look at the Changing Landscape of Brokerages
The real estate brokerage model as we know it is facing change in more ways than one. Amid all this change and noise, how do you stay relevant not just now but in the future, too? Join us and find out! Register Here
Denver housing market sees record number of homes under contract in June
A record number of homes went under contract in June as Denver's housing market continued its summer rebound, according to the Denver Metro Association of REALTORS®' latest market trends report, which covers the 11-county Denver metro. Read More
Realtor.com® Reports Record-Breaking Traffic on Listings
More consumers are shopping for properties online. Realtor.com®’s monthly traffic surged to an all-time high of 86 million unique users in June, which topped May’s record of 85 million unique users. Also, on June 25, realtor.com®’s traffic reported a record high of 7 million unique users on a single day. Read More
1 in 5 Americans Have Moved During the Pandemic
Millions of Americans have relocated this year due to the COVID-19 outbreak, according to the Pew Research Center. New data released this week shows that 22% of Americans either moved or know of someone who did. Read More
‘It was as if nothing happened’: June sees record number of homes under contract
“It was as if nothing happened,” said Jill Schafer, chair of the market trends committee at DMAR and broker for Kentwood Real Estate. “It’s almost like we skipped months of unusual statistics, and now we’re back full-blown and going fast.” Read More
The median price of a home in metro Denver was $447,500 in June
Real estate has been recovering from weeks of restrictions on showings and other activities because of stay-at-home orders imposed to slow the spread of COVID-19. In June, 7,364 new properties went on sale, but more homes were put under contract. In all, 7,676 home sales were pending, up 16.75 percent from May and 27.38 percent compared to June of 2019. Read More
Real Trends July Newsletter | compliments of DMAR
The monthly REAL Trends newsletter features commentary from Steve Murray on the state of real estate and forward-thinking articles from guest contributors such as Larry Kendall of Ninja Selling and Sue Johnson, former CEO of RESPRO. These articles originally appeared in the July 2020 issue of the REAL Trends Newsletter and are reprinted with the permission of REAL Trends, Inc. Copyright 2020. Read More
Denver Real Estate Slump May Be Over as Homes Under Contract Surge
The market was peaking in March—before COVID-19 hit and showings stopped. “Now we are back up like crazy [with] the highest number of pending contracts we’ve ever had in one month. So, apparently even with the restrictions, people are finding a way to get out there and put houses under contract,” says Jill Schafer, chair of DMAR’s Market Trends Committee. “It’s almost like the market took that couple of months break, but then picked right back up to where it was.” Read More
A Home Price Slump Is Coming. These Markets Will Be Hit Hardest.
Despite relatively steady home price appreciation in May, the U.S. housing market is on the precipice of an extended price slump, according to a CoreLogic report released Tuesday. The housing data provider’s May Home Price Index and HPI Forecast report predicts a year-over-year home price decrease of 6.6% by May 2021. Read More
Foreclosure threat grows as COVID-19 surges, Fed says
COVID-19 cases in Texas, Arizona, Florida and other sunbelt states have set record highs in the past week and some intensive care units have exceeded capacity. The nation had a record 54,500 new virus infections on Thursday, before the long holiday weekend, according to data from Johns Hopkins University. That’s approaching, in just one day, the 84,888 total cases China had during the entire course of its outbreak. Read More
We're still here for you
Virtual Classes Through PEAK
Professional development and continued education credits are essential to keep your real estate business top-notch. DMAR has made it a priority to keep classes going online so there's no slowdown to your progress. View Calendar
DMAR-Wide Virtual Connect Meetings
Join us on the second and fourth Thursday of every month for a DMAR-Wide Virtual Connect Meeting. No matter which District you belong to everyone is invited to join us and connect! View Calendar
Visit Our Online REALTOR® Store
We are now offering curbside pick-up (by appointment only) for all REALTOR® Store purchases. Please view our inventory online and then call one of our four locations to place an order. We will take payment over the phone and schedule a time for you to pick-up your order. We have also restocked our Showing Supplies Baskets. Get them before they're gone! Learn More
Just for you
Three Tier Benefits | EverydayCare® + Sedera
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).
Lowering the cost of healthcare consistently ranks as one of the top issues for REALTORS®. For this reason, the Colorado Association of REALTORS® has worked to provide REALTORS® and affiliate members in Colorado access to an incredible healthcare solution with exceptional features for a cost significantly lower than purchasing traditional health insurance!
There is a brand new 3-minute explainer video about it that provides high-level details about the program.
The features include:
- Monthly Cost 30-60% lower than traditional health insurance
- Free unlimited 24/7/365 access to doctors via phone or video conferencing
- No network restrictions
- All members who enroll are accepted
- Monthly Enrollment (you don’t have to wait until the end of the year to start saving money)
- Prescription, dental, and vision discount plans included
Please take the time to watch the video and share it with other members and affiliate members who may benefit from it!