Monthly Roundup January: DMAR in the News
National Association of Realtors®
Nearly 1,000 Homes Destroyed in Colorado Wildfires
The new year began in tragedy for households in Colorado, as wind-driven wildfires swept through numerous suburban neighborhoods and left homes and businesses in rubble and ash. Read More
Axios
Hot homes: 5 knockouts ranging from $550K to $25M
The Denver housing market has so far maintained its momentum through the cold-weather months, with the average price for a detached home topping out at more than $700,000, per the January trends report from the Denver Metro Association of Realtors®. Read More
Denverite
The apartment rental market is still a better deal than home ownership, according to the Apartment Association of Metro Denver. The average sales price for a single-family home in Denver was $754,697 in 2021, according to the Denver Metro Association of Realtors®’ latest Market Trends Report. Read More
Homelessness, home prices and rent continued to rise in the Denver metro area in 2021
If you were hoping the increasing housing prices sweeping the Denver market were going to finally drop in 2021 so you could afford a lower-priced home, you were out of luck, according to the end-of-year Denver Metro Real Estate Market Trends Report from the Denver Metro Association of Realtors®. Read More
The Denver Post
Metro Denver housing market ended 2021 with almost nothing to give buyers
As the clock ticked away on low mortgage rates, desperate homebuyers in metro Denver just couldn’t find enough properties to purchase as 2021 came to a close — and the extreme seller’s market could get worse before it gets better. Read More
Denver Business Journal
Denver's housing numbers affirm new normal of high prices, low inventory in 2022
Home prices across the Denver metro averaged $612,274 in 2021, an increase of 16.68% from 2020 and a new historical high for the area, according to the January market trends report released Wednesday from the Denver Metro Association of Realtors®. Read More
The Marshall Fire just added new challenges to Colorado's tight housing market
As Boulder County tackles the immediate impacts of the devastating Marshall Fire that destroyed or damaged nearly 1,000 structures and two dozen businesses last week, local experts warn of long-term, years-long effects on the real estate industry. Read More
Westword
Denver Home Price Average Over $700,000 — Again
Denver home prices aren't supposed to rise during cold-weather months. Since fewer people tend to look for new housing at this time of year, costs traditionally slide and relative bargains become available. Read More
Colorado Sun
For those who lost it all in the Marshall fire, finding new homes is an uphill battle
Thomas-Comenole and her family are now one of hundreds of households desperately searching for a place to live in the wake of a fire that devoured more than a thousand homes in Superior, Louisville and unincorporated Boulder County — a search proving daunting in the face of a historically tight and expensive housing market in the area. Read More
