Monthly Roundup July: DMAR in the News
Inman
How to set client expectations in a hot real estate market
In quick-moving markets like Denver, New York, Seattle and Portland, how do you inform clients of what it will take to get their dream home? Read more
The Denver Post
Denver ranks No. 10 in cities with highest share of million-dollar homes
Of the top 10 cities with the highest concentration of million-dollar homes, Denver is the farthest city inland. Denver ranks No. 10 in cities with the highest share of million-dollar homes, according to a new report by LendingTree. But for those following recent real estate trends, this revelation may not ... Read more
Denver 7
Helping Hands Outreach Project to renovate family's home in Castle Rock
The Helping Hands Outreach Project plans to renovate a family's home later this month and they need volunteers and donations to make the project a reality. "We choose a recipient in the community who is need, we go in as a group, and rehabilitate their home," explained the project's co-chair, Michelle Hayes. "There's almost nothing we can't do -- replacement flooring, new appliances, painting, new roof, yard work."... Read more.
Denver-area home prices hold steady in June; up nearly 8 percent year-over-year
The median home price in metro Denver remained unchanged in June, signaling that the area’s real estate market may be hitting its seasonal peak. According to the latest data from the Denver Metro Association of Realtors, the median residential sale price in June was $420,000. That includes detached single-family homes and condos... Read more
From Arvada to Wheat Ridge, here's how much homes cost in metro Denver
As home prices continue to rise in Denver and its surrounding cities, it’s becoming increasingly important to look at geography when searching for a house to buy. Across the metro area, the median home price has risen by nearly 8 percent over the past 12 months. It now stands at $420,000, according to the latest data from the Denver Metro Association of Realtors.... Read more
Helping Hands project needs volunteers for home renovations in Castle Rock
Helping Hands is a community outreach project that repairs one family's home each year. "We go in as a group and rehabilitate their home," Michelle Hayes said. This year's recipient is a single mother in Castle Rock who is caring for two disabled children... Read more
Helping Hands project renovating home
The Denver Business Journal
Denver luxury home sales see bump in June, but how's inventory?
June saw an increase in inventory, days on market and months of inventory, according to the Denver Metro Association of Realtors market trends report. "It’s important to remember that a transition to a balanced market doesn’t mean a bubble is around the corner," said Steve Danyliw, chairman of the market trends committee... Read more
The Gazette
Colorado Springs and Denver housing markets remain hot, reports show
Colorado Springs and Denver have at least one thing in common: their housing markets continue to show signs of strength, two new reports show. The Springs ranked No. 9 in June in Realtor.com’s “hotness index,” which identifies the nation’s top 20 metro areas for single-family housing. Colorado Springs moved up two spots in Realtor.com’s rankings after coming in at No. 11 in May.... Read more
PR Newswire
Eave Launches Suite Of Products For Home Loans Up To $20 Million
Eave, a direct jumbo mortgage lender in Colorado, launched a suite of products aimed at helping home buyers avoid the need to cash out investments to win bids on houses. Eave's seamless process makes getting a mortgage easy and fast, enabling homebuyers to stay invested. In competitive markets, buyers often chose to use cash to win a bid, and then finance later. About 15% of homes in Denver, for instance, are financed in cash, according to the Denver Metro Association of Realtors... Read more
