DMAR Digest | Week of June 1

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.

June 1, 2020

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New Opportunity: Become a DMAR Director

We will soon have seven spots available on DMAR's Board of Directors, representing the Central, Douglas Elbert, North, South/East and West Districts. Open seats are for two-year or three-year terms (specific term information can be found on the application). 

As a DMAR Director, you'll be privy to the latest insider real estate news while being part of an influential team that drives our mission. 

Deadline to apply is 5:00 PM on Monday, June 8th

Apply Here

Quote of the week

“Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.”

Albert Schweitzer, German Polymath​

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Colorado Evictions Could Resume In June As Part Of ‘Slow Return To Normalcy,’ Polis Says
Gov. Jared Polis expects that eviction cases will resume in Colorado's courts in June, allowing for the removal of people and businesses from rental properties. Meanwhile, state lawmakers are working on a law to extend protections for renters and homeowners. Read More

Coronavirus’ Impact on the Foreclosure Market
Due to the economic impact of the Coronavirus, analysts predict a prospective rise in the number of foreclosures over the next several months. As such, as a real estate investor it’s wise to make sure you keep a close watch over changing trends in the distressed market. Read More

Forget About Recessionary Real Estate Bargains: Home Prices Are Still Rising
Those hoping the coronavirus-fueled recession will bring another round of bargain-basement real estate prices are likely out of luck. Even with the pandemic raging, a battered economy, and the highest unemployment since the Great Depression, median home list prices still jumped up 3.1% year over year last week, according to the most recent realtor.com® data of the seven days ending May 23. Read More

Is the housing market already rebounding from COVID-19?
Cabin fever is a real thing. And you don’t have to live in a cabin to get it. With everyone chomping at the bit to get back to “normal,” I thought it would be useful to check in on the five metrics I previously identified as signals for the beginning of the economic recovery stage that I have been calling AB, or America is Back. Read More

Mortgage rates hit another all-time low
The average U.S. rate for a 30-year fixed mortgage fell to 3.15% this week, the lowest ever recorded in a Freddie Mac data series that goes back almost five decades. Read More

Why Denver Metro Association of REALTORS®' new CEO is excited about the local market
Nobu Hata has spent the past seven years serving more than 1.3 million real estate professionals at the National Association of REALTORS®. Now he'll be translating those experiences to the local level as the newly named CEO of Denver Metro Association of REALTORS®. Read More 

Gene Millman Named REcolorado CEO
Today is a very exciting day as the REcolorado Board of Directors is pleased to announce Gene Millman as the next CEO for REcolorado. Gene is a prominent industry leader who brings to the position a wealth of knowledge and an array of experiences in the real estate industry. He will join REcolorado on July 1. Read More

Denver rents keep rising no matter how much housing we build. Now what?
According to the laws of supply and demand, those apartment buildings that have gone up around Brasset’s home in the last few years should have lowered her rent, since more supply usually lowers prices. But that theory hasn’t panned out in cities around the U.S., including Denver, where low-income renters like Brasset and middle-income earners like teachers, police officers and civil servants have been or are in danger of being priced out. Read More

Denver Zoning Code Update Would Let More Adults Live Together
The zoning-code updates won't affect families. Under the current rules, there's no limit to the number of related adults who can live in a household, and that would remain the same. By increasing the number of people who can live together, Denver can help with the affordable-housing crisis, according to proponents of the change. Read More

Building A Better Future For First-Time Buyers
Whilst the reopening of the property industry two weeks ago ushered in a wave of pent-up demand, the financial hurdles of buying a first house for the younger generation have not been so highly set since the 2007-08 Financial Crisis. Read More

We're still here for you

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 help@dmarealtors.com

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. Learn More

Virtual Connect Meetings 
It's been a while since we've hosted our weekly Connect Meetings and since we are not able to meet in-person at the moment, we're meeting the next best way: virtually! We'll have a chance to share our properties, chat and connect with one another.​ View the Calendar

COVID-19 Updates and FAQs
We continue to update our COVID-19 landing page and FAQs to keep you up to speed on the Colorado coronavirus outbreak and its impact on our industry. If you have additional questions please email communications@dmarealtors.com and we will do our best to provide an answer for you. 

Follow us on Facebook for Updates and News 
Be sure to follow us on FacebookTwitterLinkedIn and Instagram for trending news about COVID-19, the economy, our communities and our industry at-large.

Online Classes 
While in-person classes are a no-go at the moment, you still have plenty of options when it comes to your education:

Just for you 

Three Tier Benefits | Sprint

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).

Sprint understands how vital mobile technology is for the business of real estate professionals and has designed a benefit offering specifically designed to meet the needs of NAR members who are using phones heavily for both professional and personal use, throughout the working day.

  • Sign up for a Sprint business account and unlock the full range of special member pricing and benefits.
  • If you use your phone for personal use only, you may wish to consider a personal account, which includes a select range of benefits.

Regardless of how you sign-up, your savings can be maximized by stacking your REALTOR® benefits discounts on top of Sprint national special offers.

 Learn More

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