Monthly Roundup February: DMAR in the News

Our Association caught the attention of several major media outlets this month including The Denver Post, Denver Business Journal, Denverite, Denver7, Denver PR Blog, Global Circulate and The Burlington Record.

Denver Business Journal 

Denver-area housing inventory hits record low for month of January

Would-be homebuyers in the Denver Metro Area who were hoping for a significant bump in inventory between December and January didn’t see as large an increase as would historically be expected, according to new data from the Denver Metro Association of Realtors®. Read More

The Denver Post 

Number of homes on market in Denver area hits all-time low

The number of listings available for sale in metro Denver hit a record low of 1,184 homes and condos at the end of last month, as sellers put fewer properties than expected on the market, according to a monthly update from the Denver Metro Association of Realtors®. Read More 

Denverite

Despite a brutal housing market, one Realtor sees buyers and sellers trying to do right by each other

Despite the competitive market, Vyas finds that most buyers and sellers are trying to behave ethically, and sometimes it’s the more sympathetic person — not the one with the highest offer — that winds up with the deal. “Most people are nice and kind and try to make a transaction like that,” Vyas said. “They try to do right by each other.” Read More

The Denver Gazette

Marshall Fire wreaks havoc on metro Denver real estate

The waves of impact from the Marshall Fire continue to roll from the deadly winter blaze that claimed at least one life and destroyed more than 1,000 homes, especially on metro Denver’s already-tight real estate market. The most immediate impact comes to those homeowners who were in the process of closing, or had a home on the market, that was destroyed, and the respective buyers. But the wave will likely roll across greater Denver’s real estate market for years to come. Read More

Denver7

Cost of housing special report [Video]

Denver PR Blog

Who Had the Worst Week?

Just when it seemed things couldn’t get any tougher for prospective home-buyers, the Denver Metro Association of Realtors® announced that the number of homes on the market right now is at an all-time low. Read More

Global Circulate

Home Inventory In Denver Metro Area Hits Record Low

Metro Denver has averaged 12,732 active listings in January, according to counts going back to 1985. At the end of January, there were only 788 single-family homes available and 396 condos and townhomes, leaving buyers with very limited options, said Andrew Abrams, chairman of the DMAR Market Trends Committee, who used a retail store analogy to explain how tight supply is.

The Burlington Record

Number of homes on market in Denver area hits all-time low

The number of listings available for sale in metro Denver hit a record low of 1,184 homes and condos at the end of last month, as sellers put fewer properties than expected on the market, according to a monthly update from the Denver Metro Association of Realtors®. Read More