Monthly Roundup December: DMAR in the News
DMAR caught the attention of several major media outlets this month including The Denver Post, Denver Real Estate Watch and the Denver Business Journal.
Check out these 3 news headlines, which mentioned our Association and referenced our December Market Trends Report.
"Don’t be alarmed by the substantial decreases in market metrics last month including active listings, new listings, number of homes sold and overall sales volume,” said Anthony Rael, Chairman of the Denver Metro Association Realtors Market Trends Committee. “While it’s good to be aware of how the market is shifting from month-to-month, it’s equally important to pay attention to the 12-month trends."
"While it's good to be aware of how the market is shifting month-to-month, it's equally useful to pay attention to the 12-month trends," said Anthony Rael, chair of the Denver Metro Association of Realtors Market Trends Committee. "Year-over-year stats paint a picture of how the market fared during the same time last year, which allows you to compare and contrast the seasonal changes and keep things in perspective."
The Denver Post
"All indications are that we might see a bump up of a quarter to half a percent in 2016," said Anthony Rael, chairman of the real estate market trends committee with the Denver Metro Association of Realtors. Currently, 30-year mortgage rates are about 3.9 percent. An increase to even 4.5 percent could knock buyers out of the home-purchase market.
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