DMAR Digest | Week of May 17
Must read
DMAR's REALTOR® Stores Now Open for In-Person Purchases
After being closed to in-person purchases for over a year, DMAR is opening all three of our REALTOR® stores starting tomorrow, May 18th. You may view a selection of the products we offer at dmarstore.com.
Our new REALTOR® Store hours are:
DMAR HQ: Open Tuesday through Friday, 8:00 AM - 5:00 PM
DMAR North Office: Open Friday, 8:00 AM - 5:00 PM
DMAR West Office: Open Thursday, 7:00 AM - 4:00 PM
Quote of the week
“Every day you have 1,440 minutes. Minutes are your dollars. Invest your time wisely.”
Ryan Serhant, American real estate broker, author and television personality
Skim this
FREE DMAR Connect Powered by our CAC | This Friday, May 21
Join us 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. Register Here
CAR General Counsel Scott Peterson discusses questions in regards to real estate and the new "Clear" status on the COVID-19 color dial and the removal of the mask mandate in most areas. Watch Here
8 Facts for AAPI Heritage Month
May is Asian American and Pacific Islander (AAPI) Heritage Month. In recognition of this occasion, DMAR has assembled a list of eight facts - local and national - about AAPI history. Read More
Digging Deeper: Year-to-Date Zip Code Report
The DMAR Market Trends Committee examined the year-over-year changes in average close price, median close price, number of closed transactions and days in MLS by zip code. Read More
City and County Market Trends Reports | MAY '21
Quick look at City and County Market Trends Reports featuring April data. These 48 downloadable reports are comprehensive and a fantastic member benefit. Download all the reports with one click below. Read More
Most Americans Now Believe It’s a Good Time To Buy a Home, Despite Soaring House Prices—Here’s Why
Despite skyrocketing home prices, a majority of Americans believe now is a good time to buy a home, according to a new survey from Gallup. Some 53% of Americans believe it is a good time to buy, Gallup reported Tuesday, citing the results of a survey of nearly 1,000 U.S. adults conducted in April. Read More
The housing market is as hot as ever. The mortgage market, though, is losing steam. Homes are selling at a blistering pace unseen since before the financial crisis, pushing up home values in nearly every U.S. ZIP Code. Yet lenders are preparing for mortgage demand to cool in the coming months, the result of rising interest rates that make refinancing less attractive for a huge chunk of borrowers. Read More
Volume-hungry mortgage lenders loosen credit standards
Mortgage credit availability increased by 2.2% in April as mortgage lenders fight for borrowers in an increasingly competitive market. The Mortgage Bankers Association said Tuesday that the Mortgage Credit Availability Index (MCAI) — which uses 100 as a benchmark — increased to 128.1 last month. A decline in the MCAI suggests that lending standards are tightening while a higher number suggests loosening credit standards. Read More
2021 New Development Insider Presented by DMAR’s YPN
DMAR is gearing up to host its first in-person event since 2020 with a fresh take on our Young Professionals Network's (YPN) signature event, the Condo Insider Project. That event sold out three years in a row and we are expecting another great turnout on June 22, 2021 as we host our first-ever New Development Insider, a showcase of new development from luxury condos to custom single-family homes (and everything in between). Join us in person (tickets are limited and include breakfast!) or tune in online. Register Here
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 help@dmarealtors.com.
Is your current screening process for rentals taking too long? Don't know where to start? Learn everything you need to know about tenant screening in one convenient webinar from RentSpree, a free tool for all DMAR members! This webinar will cover: 1) A step-by-step guide to thorough tenant screening. 2) Cutting-edge methods to save time AND provide premium service to clients. 3) 2021 legal regulations on tenant screening. 4) Live demonstration on how to screen a tenant in 2 minutes (or less!) FREE RSVP Here
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
REALTOR® Store | Showing Supplies Basket Markdown
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
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 communications@dmarealtors.com. No strings attached - this is a FREE advertising opportunity!
Just for you
Three Tier Benefits | CAR Fair Housing Event
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).
Welcome to the Colorado REALTOR® Fair Housing Event!
We hope you join us for this free opportunity to learn about Fair Housing including its history, the role REALTORS® play, solutions for teams and individual agents and resources to go forward with the commitment that REALTORS® support housing for all. Please visit the schedule tab on the registration website to read more about the live sessions on June 16, 2021.
Trending
