DMAR Digest | Week of May 10
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How can we work to ensure that homeownership is not only available but attainable? There are solutions. Join us Friday, May 21st for a special discussion on race, real estate and the contemporary effect of redlining on neighborhoods and residential property values. Our guest speakers - Katie McKenna, Denver Market Director at Enterprise Community Partners and Jamar Hardy, a founder of Just Deeds and real estate broker at Edina Realty - will discuss how real estate practices, federal loan programs and even local ordinances combined to reinforce the process known of redlining, which may have been outlawed decades ago, but its effects are still very much evident to this day. This is your opportunity to learn how you and your business can grow while working to be part of the solution.
Quote of the week
“To get game-changing results, start focusing on game-changing thoughts.”
Robin Sharma, Canadian writer, author of The Monk Who Sold His Ferrari
Renting out properties in Denver is about to get a little more complicated. Denver City Council on Monday approved a new program requiring landlords to get a license to rent out properties. Lawmakers said the licensing program will help the city get a clearer picture of its rental stock and enforce basic living conditions for renters. Read More
You got a letter from the city assessor this week if you own a home in Denver. Inside, you probably saw that your property is officially worth more than it was last year. A lot of homes rose more than 15 percent from their last assessment in 2019, and that is no small thing. Read More
A federal judge overturned the national eviction ban on Wednesday that has prevented landlords from turning out tenants struggling to pay their rent as a result of the COVID-19 pandemic. Hours later, the Department of Justice announced it would appeal the ruling. Read More
Last year’s pandemic lockdown complicates any year-over-year comparisons when it comes to metro Denver’s housing market, but a few trends definitely remain in play, and some new ones are gaining strength. There still aren’t enough properties available given demand, listings that do hit the market are going under contract in a flash, and prices continue to accelerate at a pace unimaginable a year ago, according to the Denver Metro Association of REALTORS® market trends report for April. Read More
April 2021 in the Greater Denver Metro housing market showed that the blatant hyper-demand in the residential housing industry continues to result in historic low months end inventory, even with months-end active inventory increasing by 35.03 percent. Altogether, there were still only 2,594 active properties at the end of the month, representing the lowest April on record and 48.38 percent less inventory than the previous April low in 2015. Read More
Download the May Market Trends Report infographic. This is a great resource to share with your clients and colleagues on social media, your website or via email or even print. Read More
I never claim to have a working crystal ball. In fact, I often joke about the one I had broke a long time ago. But, I am willing to highlight a few key factors I believe will ultimately have a cooling effect on the current market. Read More
April 2021 was yet another record-breaking month. In this report, the DMAR Market Trends Committee examined the various records broken in this month. Read More
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 May 2021 issue of the REAL Trends Newsletter and are reprinted with permission of REAL Trends, Inc. Copyright 2021. Read More
Resources and services
DMAR staff is working remotely and still available to assist you by phone or email. 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.
Even with the rollout of vaccines, precautions are still important and something your buyers and sellers are expecting. Stay prepared with our Showing Supplies Baskets which are on sale now! Each basket was once $42.95, but can now be yours for only $30! Read More
If you're looking to build your real estate connections and polish your networking skills join us for a meet-and-greet with DMAR Industry Partners (i.e. fellow real estate professionals including lenders, title reps, roofers, photographers and more!). This is your chance to make connections and build your industry relationships for maximum success in your business. We'll be hosting these monthly meet-and-greets the third Wednesday of every month from 9:00 AM to 10:00 AM via Zoom. This is a free opportunity for DMAR members. Please RSVP to reserve your spot. Free RSVP
Our New Agent Kit has all the tools, training and applications to launch your career successfully. Create a personalized plan to help you achieve results and meet your goals, generate more leads, get your very own listings, showcase your professionalism and experience with an online profile and strengthen your prospect list. Learn More
A call to a real estate lawyer costs an average of $250 per hour. In just one hotline call, you can offset your membership dues! The REALTORS® Legal Hotline is a service which provides members of the Colorado Association of REALTORS® with direct access to a qualified real estate attorney who can offer information on real estate law and related matters. The Hotline provides legal information, not legal representation. Learn More
Industry partner spotlight
Industry Partner Members: Step into the Spotlight!
To be featured, please submit a brief elevator pitch (roughly 100-150 words) highlighting your business and what services you provide. Please note, this should not be a bio. We are looking for what makes you and/or your business unique.
Please send your pitch along with your name, company name, contact info and a URL link (if desired) to firstname.lastname@example.org. No strings attached - this is a FREE advertising opportunity!
Just for you
Three Tier Benefits | Securus ID
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).
Comprehensive, affordable iAs 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).
Comprehensive, affordable identity theft protection
Think about all the times you freely give businesses sensitive data like your name, date of birth or Social Security number. When you apply for a credit card, seek a new job or take out an insurance policy. Because we share personal details with others so often, it's imperative we think about the safety of that information. And it's become even more important in the wake of the COVID-19 pandemic as more and more people file for unemployment or other government loans. The Federal Trade Commission* states they received 1.4 million reports of identity theft in 2020, double the number from 2019.
As a remember of NAR, you receive: FREE dark web scan report, 60% off full-service identity theft protection, recovery plans, child-monitoring plans; and 40% off the monthly retail price on a solution plan for small businesses.