Monthly Roundup May: DMAR in the News

Our Association caught the attention of several major media outlets this month including Colorado Public Radio, Denverite, Daily Camera, Denver Business Journal, The Denver Post, RISMedia, Denver 7 and BusinessDen.

May 29, 2020

Colorado Public Radio

Coronavirus Real Estate Slowdown Hit Colorado Mountain Communities Hardest

Showings surged after the most stringent guidelines under the state’s stay-at-home order were lifted in late April, the Denver Metro Association of REALTORS® said last week. But activity was still muted compared to the number of showings recorded before the lockdown began. Showings were down 50 percent compared with the first weekend in March. Read More

Denver's Real Estate Market Takes a Hit 

Denverite

The median closing price of a home in Denver was $440,000 in April, down slightly from March

Denverites might have been at home all of April, but that didn’t slow the price of homes. According to the Denver Metro Association of REALTORS®, the median closing price of a home last month was $440,000, up 4.76 percent over April of last year though down slightly from March 2020. Read More

Daily Camera

Denver Metro REALTORS®: Residential real estate showings drop to record low

Residential real estate showings in the Denver metropolitan region, hampered by the COVID-19 outbreak and corresponding stay-at-home orders, hit an all-time low last month. On April 18, the slowest day of the month, real estate professionals showed 92.2% fewer homes than during the same month last year, according to a new report released Tuesday by the Denver Metro Association of REALTORS®. Read More

Denver Business Journal

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

Here's how Denver home sales fared during April's stay-at-home orders

When the Denver Metro Association of REALTORS® released its March market trends report, which showed hundreds of property owners pulling their homes off the market in the latter half of the month, industry experts agreed that April's numbers would be far more telling. Read More

Good Works: Pinnacol Assurance gives $1.8M, Gill Foundation donates $500K for Covid-19 causes

The Denver Metro Association of REALTORS® , along with its members, raised $9,654 for homelessness-fighting nonprofit HomeAid Colorado. With Colorado's unhoused exposed to the elements and coronavirus, DMAR aims to make a difference. HomeAid Colorado connects construction professionals with nonprofits to build housing. Read More 

Is Denver's residential market already on the rebound? Here's what the latest data reveals.

April marked a challenging month for the residential real estate market under stay-at-home orders. But some recent numbers are giving local real estate experts hope that monthly buying and selling activity in the Denver metro could soon rise to pre-coronavirus levels, or greater. Read More 

The Denver Post 

Home sales and new listings plunge across Colorado in April – but prices don’t

A report last week from the Denver Metro Association of REALTORS® showed similar declines in metro Denver. There were 3,603 homes and condos sold, a 24.3% drop month-over-month and a 30.8% drop year over year. New listings came in at 4,679, down 29.8% from March and 37.8% from April of 2019. Read More

RISMedia

Denver Metro Association of REALTORS® Names Nobu Hata Incoming CEO​

The Board of Directors of the Denver Metro Association of REALTORS® (DMAR)—an organization comprised of over 7,000 real estate professionals and The Voice of Real Estate® in the Denver Metro area—announced that it has named Nobu Hata the incoming chief executive officer formally taking on that role in September 2020. Read More

Denver 7 

Monthly real estate reports shows metro is still a seller's market

BusinessDen

$3.3M Lakehouse penthouse tops April home sales

Just two months after Nava Real Estate completed construction of its Lakehouse Residences, one of its penthouses sold for $3.3 million. The condo unit overlooking Sloan’s Lake topped the list of the priciest residential sales in the Denver metro area in April. Read More