DMAR Digest | Week of October 3
Must read
October 25: Last Comic Standing | a fundraiser for RPAC
Join us for an evening of laughs featuring comedian and Comedy Works regular, Nancy Norton (aka Uncle Nance). We also have a great line-up of amateur comedians - including some familiar faces - competing for the title of Last Comic Standing! Come for some comedy, enjoy food & drinks, enter to win AMAZING door prizes, cheer on your fellow DMAR comics and help decide our champion of the night.
AMATEUR COMEDIANS:
- Damian Cox, Attorney/Owner at Cox Law Firm
- Jimmy Everetts, Senior Loan Officer of Everetts Lending
- Scott Peterson, General Counsel for CAR
- Aline Pitney, Realtor® at Westwater Realty
- Proceeds from this event will go to the Realtors® Political Action Committee (RPAC).
Skim this
A Look Ahead to the Q4 2022 Housing Market | Guest Post
Predicting markets has long been a hobby for some—a very profitable one at that. One of these markets—the real estate market—is causing many to scratch their heads now more than ever. The housing sector is really struggling to figure out where it is heading: Active listings were up until they weren’t, new listings are falling, and prices? Well, appreciation is still up by double-digits. Read More
NAR: ‘Decade-High Rates Deeply Cut Into Contract Signings’
House hunters are backing away from the housing market as mortgage rates continue to rise sharply. The National Association of Realtors®’ newly released Pending Home Sales Index—a forward-looking indicator of home sales based on contract signings—fell 2% in August compared to July and is down 24.2% compared to a year ago. This marks the third consecutive month that pending home sales have fallen. Read More
U.S. Home Prices Fell in July, as Mortgage Rates Approach 7%
The S&P CoreLogic Case-Shiller 20-city house price index rise slowed to 16.1% year-over-year in July, a lower rise than the 18.7% jump in the previous month. In the month of July, the 20-city index fell a seasonally adjusted 0.4% down from a rise of 0.4% in June. That’s the first time since March 2012 that the 20-city index fell. The rate of price rises has sharply slowed since reaching a peak of 21.2% in April. Read More
NAR Helps White House Brainstorm Inventory Solutions
Raising the alarm about the nation’s housing supply crisis, Leslie Rouda Smith, president of the National Association of Realtors®, told policymakers at a White House meeting Wednesday that the U.S. is short 5.5 million homes to meet the needs of its population—and that’s creating new affordability challenges for millions of Americans. Read More
The housing market correction will be deep, and ugly
You think things are bad in the housing market now? Stick around and see if mortgage rates climb into the 7% range. If it happens, the current origination forecast of $2.2 trillion in 2023 will look awfully rosy. Even the most battle-tested industry players are preparing for one of the strongest housing market corrections in decades. Read More
Resources & services
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Tomorrow | Facebook: What's Hot and What's Not
Facebook has evolved from the seminal social media platform to a top line ecosystem driven by advertising, group engagement, virtual reality and more! Learn the new basics of Facebook including how to properly generate campaigns and advertising as well as how to engage within groups to earn business without looking like a noob Realtor® with commission breath. Free RSVP
October 14 | DMAR Connect: Reboot Your 2023 Real Estate Marketing
As our housing market shifts and normalizes, much has changed in the marketing game. Join us for our October Connect and get a head start on your 2023 marketing plan from two of the best in the business: Katelyn Castellano, Senior Vice President of Marketing for Engel & Völkers, and David Marine, Chief Marketing Officer for Coldwell Banker. They'll cover everything from seller attraction and luxury clientele to social media, branding, content creation and more! Free RSVP
Donate to DMAR Gives
DMAR Gives is our new social responsibility program that envisions a Denver Metro community in which everyone has access to stable housing, equality in the home buying process and support in achieving self-sufficiency in life. DMAR Gives works to provide funding to programs that improve the quality of life for Coloradans and create a path toward stable housing and homeownership, as well as provide housing-related disaster relief in the communities where our members live and work. Learn More
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 help@dmarealtors.com.
Just for you
Three Tier Benefits | Shaker
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).
Shaker helps Realtors®, teams and brokerages close homes faster by communicating to stakeholders better while facilitating relationships after the transaction for future business. Sync your email, calendar, documents and more into branded client communications portals for an optimized experience no matter what you are using. You can sign up for a demo.
Exclusive offer: Just say you are with DMAR to get 10% off if you sign up for a paid plan before the end of September!
