Monthly Roundup December: DMAR in the News

Yahoo! News

Hardest Time To Buy Metro Denver Home In Holiday History: Report

While the holiday season usually sees a decline in the number of homes listed for sale, this November hit another record low — 3,415 single family home listings — as buyers continue to purchase homes at high rates, according to the Denver Metro Association of REALTORS®. The previous record low, which was seen in December 2017, was 3,854 single-family home listings. Read More

Denver Business Journal

Cherry Hills Village European-style estate with pool house hits the market for $7.9M (Photos)

As Denver's luxury home market continues to keep momentum in December, a new listing in Cherry Hills Village hit the market. The six-bedroom, ten-bathroom home at 4175 S. Humboldt St. went up for sale on Dec. 12 with an asking price of $7.9 million. Read More

As Denver's housing inventory hits another historic low, listings $1M and up take center stage

Historically low levels of inventory appear to be finally taking a toll on the volume of home sales in the Denver metro, with both closed deals and pending sales at the end of November down significantly from the previous month. Read More

BusinessDen

Denver metro area homes-for-sale inventory hits a record low

Denver’s most popular item this holiday season appears to be a home. Housing inventory in the metro area reached a historic low in November, with active listings at 3,415, beating December 2017’s record low of 3,854, according to the Denver Metro Association of REALTORS®’ monthly market trend report. Read More 

The Denver Post

Metro Denver housing market running on fumes

Metro Denver’s housing market showed signs of running out of gas and stalling last month, with sales dropping sharply and higher-priced homes dominating a dwindling supply of available listings, according to a report Thursday from the Denver Metro Association of REALTORS®. Read More

Real estate markets in Colorado are starving for inventory but what does that mean for consumers?

Ever since the end of spring, real estate markets across Colorado have been surging with homebuying activity. Low-interest rates on 30-year mortgages coupled with the transition to working-from-home for many consumers, encouraged a boom in home buying. Read More

5280

Housing Inventory Hits a Record Low (Again) as Demand Intensifies

While housing inventory typically declines around the holidays, this year hit a record low. November ended with 3,415 active listings, down approximately 29 percent from October’s 4,821 homes—the previous record—and down a whopping 51 percent year-over-year. If no new houses come on the market, inventory would be sold out in two weeks, according to the Denver Metro Association of REALTORS® (DMAR) Market Trends Report. Read More

Denverite

Denver is a seller’s market — but some homeowners aren’t selling

The Denver Metro Association of REALTORS®’ latest monthly report comes at a time when buyers are being advised to consider paying more of the closing fees and are competing against fix-and-flip investors and people who are able to put down cash or willing to waive inspections. In short, it’s a sellers market. Read More

Westword

Why Denver Holiday Home-Buying Season Is the Hardest Ever

Once upon a time, the idea of surprising the family with a new home for Christmas seemed like an achievable goal — but doing so in the Mile High City has never been harder than in 2020. The Denver Metro Association of REALTORS® puts the matter bluntly: Its new market trends report shows that right now is the "toughest time to buy a home in holiday history." Read More

Patch

Boulder County Real Estate Report: Record Trends Continue

While the holiday season usually sees a decline in the number of homes listed for sale, this November hit another record-low — 3,415 single family home listings — as buyers continue to purchase homes at high rates, according to the Denver Metro Association of REALTORS®. The previous record low, which was seen in December 2017, was 3,854 single-family home listings. Read More

Hardest Time To Buy Metro Denver Home In Holiday History: Report

While the holiday season usually sees a decline in the number of homes listed for sale, this November hit another record low — 3,415 single family home listings — as buyers continue to purchase homes at high rates, according to the Denver Metro Association of REALTORS®. The previous record low, which was seen in December 2017, was 3,854 single-family home listings. Read More

The Gazette

Homes remain scarce in Colorado Springs and Denver

The Colorado Springs and Denver housing markets have at least one thing in common: a drastic shortage of homes for sale that has driven up prices, put sellers in the enviable position of fielding multiple offers and led to disappointed buyers who can't find the house of their dreams. Read More

Fox31

Denver metro area homes-for-sale inventory hits a record low

Housing inventory in the metro area reached a historic low in November, with active listings at 3,415, beating December 2017’s record low of 3,854, according to the Denver Metro Association of Realtors’ monthly market trend report. Read More