Monthly Roundup January: DMAR in the News
Our Association caught the attention of several major media outlets this month including Colorado Public Radio, 9News, 5280, Denverite, Denver7, The Denver Post, The Denver Business Journal, BusinessDen, Patch Denver and Yahoo! Finance.
Colorado Public Radio
2020 Is Looking Scarce For Denver’s Housing Market
Metro Denver’s housing market was a mixed bag in 2019. For one, 58,404 homes sold in the Denver area last year. That’s the second-highest number ever, according to the Denver Metro Association of REALTORS®. 2017 holds the top spot with 59,207 closings. Read More
9News
Fewer homes for sale means more bidding wars
Get ready... Low mortgage rates will continue to strengthen home buying demand. With less inventory and existing homeowners deciding to stay put, fewer homes will come on the market in 2020. Sellers will wonder where to move after their home sale. Read More
5280
What to Expect from Denver’s 2020 Real Estate Market
Last year saw more historic highs in Denver’s housing market, making it the eighth consecutive year of home price gains. That’s according to the latest Market Trends Report from the Denver Metro Association of REALTORS®. Read More
Denverite
Perhaps buyers in the Denver area just can’t do it any more. That could be part of the reason prices aren’t exploding even though fewer homes are on the market, defying the rules of supply and demand. Read More
Denver7
2019 Denver metro housing report released
The Denver Post
Power struggle in metro Denver’s housing market rolls into 2020
From 2015-18, the time a home spent on the multiple listing service in metro Denver averaged a consistently short 26 days. But last year, that average jumped to 31 days, according to the Denver Metro Association of REALTORS®. Read More
A decade ago, some of the best places to buy a house in the metro area were right in the heart of the city, where prominent attractions like the redevelopment of Union Station would be set to arrive in the next few years. Read More
After a decade of dramatic gains, metro Denver home prices expected to slow in 2020
Metro Denver home prices, after years of effervescent gains, are going as flat as that unfinished bottle of champagne. “Metro Denver real estate values have peaked and are falling in some locales,” said Van Lewis, a broker associate with Re/Max Alliance in Aurora. “Nothing drastic, but definitely a change from recent years.” Read More
Metro Denver suffers a record monthly drop in home inventory
Homebuyers in metro Denver will need to put aside visions of a more bountiful banquet of properties for sale in the new year. Owners are staying home, literally, and that should keep them in control of the market going into 2020. Read More
The Denver Business Journal
See the 25 most expensive homes sold in Denver's record-breaking 2019 (Photos)
With record-breaking sales in both the luxury home and condo categories, there was no shortage of news from Denver's high-end market in 2019. Data for the 11-county metro provided by the Denver Metro Association of REALTORS® in its January Market Trends report should help us understand the new territory that the luxury home market arrived at in the past year, and where the market might be headed in 2020. Read More
BusinessDen
Two new custom-built mansions among December top home sales
Two new builds by Sterling Custom Homes were among the five most-expensive homes to sell locally in December, a month that also had the area’s biggest sale since 2008. Read More
Patch Denver
Metro Denver Begins 2020 As 'Seller's Market': Trends Report
The new year has started out has a "home seller's market" in Denver's metro area, according to the latest market trends report released by the Denver Metro Association of REALTORS®. Home prices have climbed in our region for eight consecutive years and 2019 marked a new historical high. Read More
Yahoo! Finance
IRES, REcolorado and Pikes Peak REALTOR® Services Corp. enter data-sharing partnership
Information and Real Estate Services (IRES), a Loveland-based regional multiple listing service (MLS) that serves Boulder, Weld, Larimer, Logan and Morgan Counties and also holds partnerships with other regional MLSs to expand access across the state, today announced a data-sharing agreement between IRES and REcolorado utilizing RPR. A similar agreement with Pikes Peak REALTOR® Services Corp. (PPRSC) has been in place since December 2017. Read More
