Monthly Roundup February: DMAR in the News
Denver Business Journal
Denver-area housing inventory hits record low for month of January
Would-be homebuyers in the Denver Metro Area who were hoping for a significant bump in inventory between December and January didn’t see as large an increase as would historically be expected, according to new data from the Denver Metro Association of Realtors®. Read More
The Denver Post
Number of homes on market in Denver area hits all-time low
The number of listings available for sale in metro Denver hit a record low of 1,184 homes and condos at the end of last month, as sellers put fewer properties than expected on the market, according to a monthly update from the Denver Metro Association of Realtors®. Read More
Denverite
Despite the competitive market, Vyas finds that most buyers and sellers are trying to behave ethically, and sometimes it’s the more sympathetic person — not the one with the highest offer — that winds up with the deal. “Most people are nice and kind and try to make a transaction like that,” Vyas said. “They try to do right by each other.” Read More
The Denver Gazette
Marshall Fire wreaks havoc on metro Denver real estate
The waves of impact from the Marshall Fire continue to roll from the deadly winter blaze that claimed at least one life and destroyed more than 1,000 homes, especially on metro Denver’s already-tight real estate market. The most immediate impact comes to those homeowners who were in the process of closing, or had a home on the market, that was destroyed, and the respective buyers. But the wave will likely roll across greater Denver’s real estate market for years to come. Read More
Denver7
Cost of housing special report [Video]
Denver PR Blog
Just when it seemed things couldn’t get any tougher for prospective home-buyers, the Denver Metro Association of Realtors® announced that the number of homes on the market right now is at an all-time low. Read More
Global Circulate
Home Inventory In Denver Metro Area Hits Record Low
Metro Denver has averaged 12,732 active listings in January, according to counts going back to 1985. At the end of January, there were only 788 single-family homes available and 396 condos and townhomes, leaving buyers with very limited options, said Andrew Abrams, chairman of the DMAR Market Trends Committee, who used a retail store analogy to explain how tight supply is.
The Burlington Record
Number of homes on market in Denver area hits all-time low
The number of listings available for sale in metro Denver hit a record low of 1,184 homes and condos at the end of last month, as sellers put fewer properties than expected on the market, according to a monthly update from the Denver Metro Association of Realtors®. Read More
