DMAR Digest | Week of April 4
Must read
Celebrate Fair Housing Month with DMAR
April 11 | At Home with Diversity® [Class]
The coursework for the At Home with Diversity® certification is designed to enable you to work successfully with and within a rapidly changing multicultural market. It will help you to learn diversity sensitivity, how it applies to U.S. fair housing laws in your business and ways to develop professional guidelines for working with people in the increasingly multicultural real estate market. Register Here
April 13 | GRI Fair Housing [Class]
Think housing discrimination is a thing of the past? Think again. In 2018, over 30,000 complaints were filed across the U.S. and many violations are never even reported. Discrimination lurks in every corner of housing, including renting, lending and showing. As Realtors®, we are on the front line of defense against housing discrimination and education is the best tool to keep your business fair and free from liability. Join us for this 4 CE credit class and learn how you can be part of the solution, not the problem. Register Here
April 23 | Housapalooza [Event]
No matter where your clients are in the homebuying or selling process, invite them to attend this event for first-time homebuyers and sellers... and FYI, this is NOT your average housing fair. The day will include a keynote speaker, a panel of people who have been where they are (and have completed the homebuying process), informational booths and Q&A with top real estate experts so they can learn the ins and outs of homeownership. We’re here to demystify the homebuying and selling process. Register Here
Quote of the week
“The ache for home lives in all of us, the safe place where we can go as we are and not be questioned.”
Maya Angelou, American poet, memoirist and civil rights activist
Skim this
Housapalooza | Marketing Materials
Housaplaooza is the can't-miss event for first-time homebuyers and sellers. This is the perfect event to bring your clients to (or even your friends and family) and your chance to flex your Realtor® muscle and demonstrate yourself as an educational resource. Read More
Become a Housapalooza Sponsor
Housapalooza is a first-of-its-kind experience for first-time home buyers and sellers taking place on Saturday, April 23, 2022 from 10:00 AM to 2:00 PM at the Holiday Inn® Denver East (3333 Quebec St.) This will be DMAR’s first public-facing homeownership event and is free to the public. The event will include a keynote speaker, a panel of homebuyers and sellers, vendor booths and lunch. Please note: This will be a no-pitch zone. We will not allow any sales activities on the floor during the event (e.g. randomly passing out business cards to attendees without request) and we are asking that, as sponsors, you focus on business by education. Read More
Big Ask for Housing in Biden Budget
President Joe Biden requested historic funding for housing supply in his federal budget proposal for the fiscal year that begins October 1, 2022. The proposal was released Monday. A requested 34% increase over last year for the Department of Housing and Urban Development includes $50 billion in grants and loans to increase the supply of affordable housing. This amount includes $32 billion for the Housing Choice Voucher Program and nearly $2 billion in funding for the HOME Investment Partnership to create more affordable homeownership opportunities. Read More
Mortgage Rates Zoom Past 4.5%—Here’s What Home Buyers Need To Know
The benchmark 30-year fixed-rate mortgage averaged 4.67% for the week ending March 31, according to data released by Freddie Mac on Thursday. That represents a one-fourth percentage point increase from the previous week. This marks the highest level for mortgage rates since the end of 2018. Comparatively, at this time a year ago, the 30-year fixed-rate mortgage averaged just 3.18%. Read More
Rate hikes haven’t depressed interest in purchase mortgages – yet
Interest in residential mortgage loans fell 6.8% for the week ending March 25 as rates jump even closer to the 5% mark, according to the Mortgage Bankers Association‘s latest survey. Few borrowers these days have an incentive to refinance their mortgage. According to the MBA, refi applications fell 15% from the prior week and 60% from a year ago. Meanwhile, the seasonally adjusted purchase index increased 0.64% from one week earlier, showing resilience while rates climb, but was still down 10.1% year over year. Read More
Home Flips Increase But Profits Decline Across U.S. In 2021
The report reveals that the number of home flips in 2021 was up from 257,091 in 2020 to a total not seen since nearly 334,000 homes were flipped by investors in 2006. Last year’s flips represented 5.5 percent of all home sales in the nation during 2021, down from 5.8 percent in 2020 and 6.1 percent in 2019. But even as quick-turnaround sales by investors shot up, gross profit margins on home flips in 2021 sank to their lowest level in more than a decade after dropping at the fastest pace in more than 15 years. Read More
Resources & services
Share You Community Service Efforts Using #DMARvolunteers
Are you doing good in the community? We want to hear about it! When you share your volunteer work on social media, use #DMARvolunteers so we can share it on our platform too. We want to help you get the word out about how you're giving back.
Drive with NAR Episode 2: Creating Space for DEI in Your Business
There’s been a renewed focus on greater diversity, equity, and inclusion in the real estate industry, but how can individual agents and brokers be change-makers? Minneapolis broker Paul Ekstrom and Greenwood, Colo., broker Natalie Davis talk about the steps they’ve taken to build a safe space for honest conversations in their companies. Plus, what grade does the industry deserve for its DEI efforts? Listen Here
First-Time Homeowner Tax Guide (2022)
You did it! You secured a new home in the hottest seller’s market we’ve ever seen. Now what? Tax season is here and you’re wondering how this new purchase will change how you file. We’re here to help. Here are a few things to keep in mind as you head into your first tax season as a homeowner. Note, this article has been prepared for informational purposes only and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. Read More
DMAR Staff is Here to Help
If you are looking to reach a specific department or staff person, please refer to the staff directory here, or contact our main line at 303-756-0553 or email help@dmarealtors.com.
Just for you
Three Tier Benefits | NAR’s Exclusive Travel Club
As a member of DMAR, you also gain access to member-only benefits and services from the Colorado Association of Realtors®️ (CAR) and the National Association of Realtors®️ (NAR).
NAR Members can enjoy a best-in-class travel platform with free access to full-service travel booking capabilities including hotel, resort, car and air. NAR Travel Club also provides access to Resort Vacation Certificates which members can access directly from the NAR Travel Club website and use for their personal travel or pass along as closing gifts to their clients. Resort Vacation Certificates offer weekly resort stays with future bookings at $315 per certificate. Purchase in bulk at 25 or more for just $225 each!
Member Benefit: Enjoy hotel savings of up to 60% and book your travel from start to finish with NAR Travel Club.
Trending
