DMAR Digest | Week of October 24
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DMAR's 2022 Election Endorsements
We are proud to present our endorsements for the upcoming November ‘22 elections. Candidates were carefully vetted and endorsed based upon their understanding of real estate issues and support of our industry.
Please consider supporting the candidates and issues listed below and remember to turn in your ballot no later than 7:00 PM on Tuesday, November 8th.
If you have questions or would like more information, please contact Peter Wall, DMAR's Director of Government Affairs, at pwall@dmarealtors.com.
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The Many Faces of a First-Time Homebuyer [Shareable Infographic]
First-time homebuyers can expect a rollercoaster of emotions throughout the process. We've highlighted 10 moments most first-time homebuyers will experience. This festive client-friendly content can be shared on your social media channels just in time for Halloween! Read More
The Tricks and Treats of Buying Real Estate [Shareable Infographic]
Happy Halloween! We're sharing our top Tricks (tips) and Treats (benefits) of buying real estate. Share this graphic on your social media to encourage more buyers to enter your pipeline (with a festive flair!) Read More
Here's Just How Difficult It's Getting for Home Buyers
Consumers are facing economic pressure from every angle—rising mortgage rates, stubbornly high inflation, a battered stock market—and the financial environment keeps getting worse for aspiring homeowners who want to buy. With mortgage rates averaging 6.92% this week—the highest they’ve been since April 2002—“people need to earn $40,000 more in order to afford the median-priced home compared to a year earlier,” Nadia Evangelou, senior economist and director of forecasting for the National Association of Realtors®, writes on the Economists’ Outlook blog. Read More
U.S. Existing-Home Sales Fall Again as Housing Downturn Gathers Steam
U.S. existing-home sales fell 1.5% to a seasonally adjusted annual rate of 4.71 million in September, the National Association of Realtors® said Wednesday. This is the eighth straight monthly decline, the first since 2007. The decline was in line with economists forecasts, according to a Wall Street Journal survey. The last time existing-home sales fell to this level was May 2020. Outside of the pandemic, the level of sales activity was lowest since September 2012. Compared with September 2021, home sales were down 23.8%. Read More
These housing markets are most likely to correct based on foreclosure buyer behavior
Real estate investors purchasing distressed properties at foreclosure auction have been telegraphing a possible housing market slowdown for the last six months. A deeper dive into foreclosure buyer behavior shows which markets are most likely to see a home price correction in the next six months. Read More
A Recession May Just Prove To Be A Great Opportunity For Real Estate Investment
It seems like a tale of the past, but the U.S. saw record low mortgage rates in 2020 and 2021; concurrently, real estate investment soared. But the tried-and-true adage that real estate investment is a long-term proposition has never been more true today as mortgage interest rates steadily climb. As real estate prices come down and a recession looms, the question of whether now is a good time to invest in real estate takes center stage. Read More
Resources & services
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Tomorrow | DMAR Presents: Last Comic Standing
Join us for an evening of laughs featuring comedian Nancy Norton (aka Uncle Nance), a Denver legend who has been a regular at Comedy Works since 1992. We also have a great line-up of amateur comedians - including some familiar faces - competing for the title of Last Comic Standing! Come enjoy some comedy, enjoy food & drinks, enter to win some AMAZING prizes and of course cheer on your fellow DMAR comics and help decide our champion of the night. Register Here
Wednesday | YPN Presents: From Rookies to Veterans
Join us for a special panel conversation featuring two veteran Realtors® and one rookie rock star moderated by DMAR CEO, Nobu Hata. We'll dive into the ways each of our guests has found success in their business. Plus, our veterans will share how they adjust their strategies during market shifts and our rookie will offer tips for a quick ramp-up. You'll walk away with great insights, tips, tricks and more. This is a great networking and educational opportunity you won't want to miss! Register Here
11.01 | Realtor® Toolbelt
The market is shifting. Now is the time to curate a comprehensive, top-notch real estate network so you can position yourself as the one place your clients go for all things real estate from recommendations for stagers, photographers and roofers to builders, interior designers and everything in between. DMAR's Realtor® Toolbelt is a FREE vendor expo so you can learn what services DMAR Industry Partners can offer you - and your clients. PLUS - we're hosting a FREE "How to Survive and Thrive in a Shifting Market" class from 10:00 AM - 11:00 AM taught by Shay Hata. Tickets Here
Realtor® Toolbelt Sponsorship Opportunities
Reach a captive audience of Realtor® members looking to build their real estate support team at our Realtor® Toolbelt vendor expo on November 1st from 9:00 AM to 12:00 PM at the Arvada Center for the Arts and Humanities, which includes an educational class from 10:00 AM to 11:00 AM. Learn 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 | PunchListUSA
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).
Need repair pricing after the home inspection? Now, you can get it within a day without calling and meeting with contractors! Next-day online delivery, with repairs prioritized by urgency and accuracy based on local labor rates and live materials pricing. It’s perfect for quick negotiations and planning.
Exclusive Member Benefit: NAR members and their buyer and seller clients nationwide can get a FREE estimate for all of the inspector’s recommended fixes simply by uploading their inspection report PDF at punchlistusa.com/nar. Also, if you’re located in one of PunchListUSA's service areas, you can book their contractors at a 5% NAR Member discount to complete your project before or after closing!
