DMAR Digest | Week of April 18
Housapalooza is THIS SATURDAY!
This first-of-its-kind experience for first-time homebuyers and sellers is less than one week away!
For your clients, this is a chance to debunk some myths and get actual facts from the experts about the homebuying process - everything from how much is needed for a downpayment, what financial assistance options are available, who they need on their real estate team and everything in-between.
For Realtors®, this is your chance to position yourself as THE educational resource for current and prospective clients. And remember, if you bring two clients with you to the event you'll automatically be entered into a drawing for a chance to win some pretty awesome prizes.
Saturday, April 23rd from 10:00 AM to 2:00 PM
Holiday Inn® Denver East
3333 Quebec St.
Quote of the week
“How you sell matters. What your process is matters. But how your customers feel when they engage with you matters more.”
Tiffani Bova, American businesswoman, best-selling author, speaker and sales influencer
South/East Director Position Open
The DMAR Board of Directors is seeking one (1) new South/East District Director. The position will begin immediately upon a vote by the Board of Directors and run through September 30th, 2023. This is a great opportunity to get involved at a leadership level within the Association, as well as take advantage of the chance to proudly represent the interests and concerns of your fellow members. Read More
Building Materials Rise, But Lumber Prices Ease
New-home costs likely will continue to increase as rising building material costs squeeze construction budgets. The prices of goods used in residential construction rose again in March and are up 8% since the start of 2022, the National Association of Home Builders reports citing Bureau of Labor Statistics data. Read More
More Sellers Are Lowering Asking Prices
With mortgage rates now nearing 5%, many aspiring home buyers may have reached the top of what they can afford, especially as 40-year-high inflation affects the threshold for them. As a result, the number of sellers dropping their asking price is growing at a faster clip than in the recent past. About 12% of homes for sale had a price drop during the four weeks ending April 3, according to Redfin. That marks a jump from 9% a year ago. Read More
Mortgage Rates Hit 5% for First Time Since 2011
The interest rate on America’s most popular mortgage hit 5% for the first time in more than a decade, extending a sharp rise that has yet to significantly slow the red-hot housing market. Interest on the average 30-year fixed-rate mortgage climbed from 4.72% a week ago to its highest level since early 2011, government-mortgage company Freddie Mac said Thursday. Fifteen months ago, mortgage rates were at all-time lows. Read More
Fannie Mae announces title insurance shake up
In a selling guide announcement released last week, Fannie Mae announced that it would be accepting written opinion letters from an attorney in lieu of a title insurance policy “in limited circumstances.” According to the announcement, lenders “must ensure the loan is covered by either a title policy issued by an acceptable insurer (including any required endorsements) or a title opinion letter issued by an attorney.” Read More
Resources & services
This is a FREE vendor expo so you can learn what services DMAR Industry Partners can offer you - and your clients. Prizes will be given away while attendees enjoy breakfast (plus bloody mary's and mimosas), mingle and grow their contact list with some of the best in the business! Come network and build your real estate connections with everyone from lenders, roofers and interior designers to builders, stagers, photographers and everyone in between. Read More
Realtor® Toolbelt Sponsorship Opportunities
Reach a captive audience of new Realtor® members looking to build their real estate support team at our Realtor® Toolbelt event which will take place on May 10th at the Curtis Ballroom at the Landmark Greenwood Village (located above Comedy Works). Read More
Share You Community Service Efforts Using #DMARvolunteers
Are you doing good in the community? We want to hear about it! When you share your volunteer work on social media, use #DMARvolunteers so we can share it on our platform too. We want to help you get the word out about how you're giving back.
DMAR Staff is Here to Help
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 email@example.com.
Just for you
Three Tier Benefits | Adwerx
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).
Brilliantly Simple Digital Advertising™
Adwerx is a simple and effective platform designed to boost your digital marketing strategy by building awareness of your real estate business, winning more referrals, and promoting your listings to a group of targeted homebuyers online.
Exclusive member benefit: NAR members receive 15 percent additional impressions, or bonus views, on newly purchased and renewed campaigns created on the Adwerx platform, which can be combined with other eligible discounts.