DMAR Digest | Week of November 21
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The DMAR Home Kit app: Made for Realtors®. Loved by Clients.
DMAR Home Kit is our FREE app and a powerful way to access some of your favorite benefits. Connect with top home service pros near you, enjoy exclusive discounts and offers, access our award-winning market stats and more. This is a great app to share with your clients, too!
Features Include:
- Exclusive offers and deals
- Local market updates for 48 cities and counties across the Denver metro area
- Connect with trusted real estate professionals, request a booking and save your favorites
- Send referrals to clients and colleagues
- Stay up-to-date with the latest real estate news
Industry Partners: As a DMAR Industry Partner, you get a FREE listing on our app so Realtors®, homeowners and other users can easily connect with you, request a booking, refer you to others and even pin you as a favorite. Interested in giving your exposure an extra boost? Opt for an enhancement package and stay top of mind with ads, push notifications, home screen features and more. You can view pricing and details, here.
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Free Thanksgiving Social Graphics 2022
Thanksgiving is coming up - do you have content prepared to stay top of mind? If not, we have some for you. Download these 5 graphics and post them in the days leading up to the holiday. Download Here
Forbes Advisor | Denver Housing Market 2022
People also have been flocking to the Mile High City from more expensive cities in search of a cheaper cost of living and to work remotely in the Rocky Mountains. However, the Denver real estate market may be reaching an inflection point after years of rising home values as buyer demand adjusts to rising mortgage rates. We look into the current market trends for buyers and sellers. Read More
Gingerbread Build 2022 | Hosted by Habitat for Humanity
Are you looking for a fun way to spread holiday cheer and support the community this holiday season? Consider participating in Habitat Metro Denver’s Gingerbread Build. Join in the festive fun by building a gingerbread house and raising funds to support affordable homeownership in our community. Habitat provides the supplies for you to build a gingerbread house, and then you’ll gather “votes” in the form of donations. Kits can be picked up at the Habitat Office and the deadline to build is December 9th. Register Here
Housing Starts Fall Again as High Mortgage Rates Scare Off U.S. Home Buyers
Construction on new houses fell 4.2% in October as high mortgage rates put off buyers and forced builders to scale back, a situation that’s likely to continue through 2023. U.S. housing starts slowed to an annual pace of 1.43 million last month from 1.49 million in September. That figure reflects how many homes would be built in 2022 if construction took place at same rate over the entire year as it did in October. Read More
Mortgage demand rose on the back of slower inflation growth
Mortgage demand rose as rates dropped following the October slowdown in inflation growth numbers. However, while purchase mortgage applications increased across all loan types, refinance activity remained depressed. The market composite index, a measure of mortgage loan application volume, increased 2.7% for the week ending November 11, according to the Mortgage Bankers Association (MBA). The increase was driven by the purchase index, which rose 4%, but was offset by the refinance index, which dropped 2% from a week prior. Read More
Resources & services
24 Days of Membership Giveaway Rules
To show our appreciation for our members, and the countless programs and initiatives you’ve helped to create, we welcome the return of our annual 24 Days of Membership! Every day from November 1 through November 24, we'll highlight an aspect of the Association that we’re thankful for on our Facebook and Instagram pages. At the end of each week, we will be giving out prizes to those who participate, including reimbursement of local dues. Read Rules
DMAR Real Estate Market Trends Report | NOV. '22
As the Denver market normalizes, active inventory declined slightly to 7,290 homes on the market at month’s end. However, this is an increase of 115.94 percent year-over-year. While this number reads as a jump, the current inventory is still less than the pre-pandemic inventory numbers of 8,557 active listings in October 2019. Read More
DMAR Connect | October 2022 [Video]
Join us for our October Connect and get a head start on your 2023 marketing plan from two of the best in the business: Katelyn Castellano, Senior Vice President of Marketing for Engel & Völkers, and David Marine, Chief Marketing Officer for Coldwell Banker. Watch Here
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 | Drug Card America
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).
Drug Card America is a free pharmacy program designed to help lower the cost of some brand-name and generic prescription drugs. This discount prescription drug card may be used at over 62,000 pharmacies nationwide, including most major chains, such as CVS, Walmart, Walgreens, Target, Rite Aid, Kmart and more. This program provides savings of up to 60% on select generic prescriptions and up to 15% on select name-brand prescriptions.
It’s easy to participate: there is no age limit, no income requirement, no waiting period, no pre-existing condition restrictions and the card is immediately available for use upon sign-up.
To enroll online, visit the Drug Card America information page on the Realtors® Insurance Place site and follow the instructions to obtain your free card. To enroll by phone, call 877-267-3752
Have your 9-digit Member ID number handy.
