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DMAR Digest | Week of April 17

Check out the featured content, get the scoop with top news stories from the blog, mark your calendar for upcoming events & classes and catch up with the most buzz-worthy social posts from your Association.

Must read

Realtor® Toolbelt is this Wednesday

Attend our FREE vendor expo (+ class) to learn what services DMAR Industry Partners can offer you and your clients.

Expand your real estate dream team with professionals eager to help you succeed. We'll be giving away prizes while you enjoy breakfast, mingle and grow your contact list with some of the best in the business! We're also hosting a "Death, Divorce & Real Estate" class from 10:00 AM - 11:00 AM taught by attorney Vince Buzek. Class seating is limited. Reserve your class spot when registering. Be sure to bring lots and lots of business cards to pass out. This is a fantastic networking opportunity.

Thank you to our sponsors: Paint Denver, DNVR Lending, WFG National Title Insurance Compnay, Land Title Guarantee Company and Elevations Credit Union. 

Tickets Here

 

This Week

April 18 | 9:00 AM - 11:00 AM
Building an Investment Empire
Virtual, hosted through Zoom 
CE Credits: 2
Register Here →

April 18 | 1:00 PM - 5:00 PM
GRI: Fair Housing
Virtual, hosted through Zoom 
CE Credits: 4
Register Here →

April 19 | 9:00 AM - 12:00 PM
Realtor® Toolbelt | FREE
In-Person
CE Credits: 0
RSVP Here →

April 19 | 9:00 AM - 1:00 PM
2023 Annual Commission Update
Virtual, hosted through Zoom 
CE Credits: 4
Register Here →

April 20 | 8:30 AM - 9:30 AM
Marketing Meeting | FREE
In-Person and Zoom
CE Credits: 0
Join Here →

April 20 | 9:00 AM - 4:00 PM
At Home with Diversity®
Virtual, hosted through Zoom 
CE Credits: 6
Register Here →

April 21 | 7:00 AM - 9:00 AM
YPN Volunteer Day | FREE
In-Person
CE Credits: 0
RSVP Here →

 

From DMAR

City and County Market Trends Reports | APR. '23
Quick look at City and County Market Trends Reports featuring March data. These 48 downloadable reports are comprehensive and a fantastic member benefit. Download all the reports with one click below. Download Reports

Tell Your Senator to OPPOSE HB 1115 and Save Affordable Housing
HB23-1115 has been amended to exempt buildings 15 years or newer, exempt nonprofit housing regulated by federal or state programs, allows local governments to apply rent control ordinances to mobile home parks, and creates a formula that limits the amount a housing provider can increase the rent. This bill, as amended, will make it harder for housing providers to rent out their properties in a time of housing supply need. Please send a pre-written message to your State Senator, urging them to OPPOSE HB 1115. Take Action

 

In the News

Denver Housing Market Forecast 
The last year or so has been a volatile one in housing, largely thanks to rising mortgage rates, which ping-ponged from the low 3% range to over 7% at one point in 2022. Those rates have eaten into buyers’ budgets, causing a pullback in overall demand – and home prices. In the Denver metropolitan statistical area, though, even waning demand can’t alter the market much – not with the ultra-low supply the area is dealing with. In fact, despite the changes today’s higher mortgage rates have ushered in, Denver still ranks as the fourth-strongest housing market in the nation, according to the U.S. News Housing Market Index. Read More

Can first-time homebuyers afford homes today?
The monthly Realtors Confidence Index is an essential measure of what real estate professionals are seeing in their local markets and how the market is evolving on a monthly basis. The National Association of Realtors Research Group has produced the index since 2008, a time of turbulence in the real estate market. One such measure is who is entering the market. Read More

Mortgage Rates Move Closer to ‘Sweet Spot’ for Buyers
Mortgage rates fell for the fifth consecutive week, continuing to help improve affordability for budget-conscious home shoppers this spring. The 30-year fixed-rate mortgage decreased to 6.27% this week, Freddie Mac reports. Rates could be headed below 6% in the coming months as inflation eases. Read More

REcolorado Shareholders Newsletter
Shareholders, I want to take a moment to recognize our employees! We are excited to share that REcolorado, has recently received some well-deserved praise in the industry. We are especially proud of the recognition we’ve received because we believe it is evidence that our company is on the right track with our new strategic vision, which emphasizes serving our customers. Read More

 

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