Monthly Roundup April: DMAR in the News
Colorado Public Radio
The number of homes for sale in the Denver metro area, the state’s largest housing market, spiked last month in what could signal a turning point for buyers that have been fighting over meager inventory for two years. Read More
USA News
Single women in Denver not deterred by sky-high housing market
Single women in the Denver area are taking the plunge into the city’s notorious housing market by themselves, despite soaring prices and short supply. Anna Fine, a 31-year-old design director, closed on an Arvada home in March 2021, bidding about $80,000 over the asking price because a cash offer from another party was on the table. However, the process spanned almost four months, as she searched for a house that accommodated her and her dog, instead of a potential family. Read More
Colorado Politics
Developers have doubts about Denver’s plan to boost affordable housing
As housing prices soar in the Denver area, a City Council committee is expected to discuss a proposal that supporters say would build and maintain more affordable units. The proposed program would ensure that developers create affordable units along with market rate condos and apartments. Read More
Denver7
In-Depth: Housing sales, prices and one possible solution [Video]
Denver Business Journal
The average home sales price hit a record $705,812 in the Denver area, according to the new market trends report from the Denver Metro Association of Realtors®. This is the first time that figure has climbed into the $700,000s, according to DMAR Realtors®. Read More
As Denver's market heats up, how do 'coming soon' homes compete?
As Denver's housing inventory remains low and competition heats up for the few homes hitting the market, more real estate agents are using a marketing tool to ramp up interest in properties before they can even be toured in person. Read More
The Denver Post
Demand easing as mortgage rates rise, boosting supply of homes for sale in metro Denver
Like large raindrops kicking up the dust as they hit parched and barren soil, metro Denver recorded an 81% jump in the number of residential properties available for sale last month, according to a monthly update from the Denver Metro Association of Realtors®. Read More
Denver homeowners’ attitudes changing on multifamily units in their neighborhoods
Denver residents are increasingly open-minded about letting more affordable housing options in their residential neighborhoods, according to a recent survey by online real estate company Zillow. A whopping 73% of Zillow survey respondents in Denver supported the accommodation of accessory dwelling units, or ADUs — these are accessory apartments or secondary suites and are sometimes called granny flats. Read More
$300,000 price range has gone extinct in metro real estate
Single-family, stand-alone houses in Denver selling for $300,000 have joined woolly mammoths and Tasmanian tigers as extinct species. For many, that means the traditional white-picket fence dream is all but dead as well. Read More
Denverite
Denver metro homes are costlier than ever, but at least more are on the market
In late 2021 and early 2022, metro Denver homebuyers had a shocking lack of properties to pick from. Bidding wars raged as multiple offers for homes poured in as soon as they hit the market. The competition was fierce, and people looking for a home fell into despair as they competed against deep-pocketed investors. Read More
Axios
Hot Homes: 5 Denver houses that'll kick off the warm weather starting at $485K
The average local home price has hit a record $705,812, according to the latest Denver Metro Association of Realtors® report. Read More
