monthly_roundup_banners.png

Monthly Roundup June: DMAR in the News

Our Association caught the attention of several major media outlets this month including 5280, Fox31, Denver Gazette, The Denver Post, Denver Business Journal, Westword, The Daily Sentinel, Colorado Politics, Yahoo! News, Denverite, Out There Colorado, Housing Wire, Douglas County News-Press and 9News.

5280

Meet Colorado’s Top 15 Home Industry Influencers of 2021

They’re bold. They’re bright. And what they bring to Colorado is unequivocally beautiful. Meet the designers, architects, housing innovators, and aesthete trailblazers who are shaping the local residential landscape. Read More

Fox31

‘We have a demand problem’: Colorado real estate continues through the roof

The problem with moving to a desirable location is that everyone else wants to move there, too. In Colorado’s case, so many have moved that demand has made it one of the United States’ most expensive housing markets. Read More

Denver Gazette

Denver real estate company, startup app, capitalize on sizzling market

With a record-setting market in metro Denver, real estate companies find fertile ground for new and expanding businesses here. Read More 

Panel discussion: Surviving the explosive housing market | Vince Bzdek

Hedge funds and pension funds are competing head-to-head with young couples trying to buy houses in Colorado right now. Buyers are facing all-cash offers, bidding wars, and sight-unseen offers thousands of dollars over asking price within minutes of a home hitting the market.

Denver homebuyers grappling with frantic seller's market

All-cash offers. Bidding wars. Offers with no-ceiling escalation clauses. Waived home inspections, except for health or safety flaws. Sight-unseen offers sometimes within minutes of a home hitting the market. Read More

The Denver Post

Metro Denver’s hot housing market faces a dry spring of supply

Metro Denver may be enjoying an abundance of refreshing rain this year, but the same can’t be said for the local housing market, which remains parched to the point that more buyers are at risk of burning out. Read More

Buyer burnout a big concern in metro Denver’s heated housing market

Mark Diaz and Cindy Clark placed bids on three different homes this year and have lost every time. With each loss, the couple’s frustration at trying to navigate a housing market that no longer makes sense to them only deepens. Read More

Denver Business Journal

123-unit condo project in Denver breaks ground after yearlong delay

More than a year after its originally anticipated groundbreaking date, construction is beginning on a 123-unit condominium project in Denver's Art District on Santa Fe, developer Leonard Taub of First Stone Development told Denver Business Journal. Read More

Westword

Median Colorado Single Family Home Price Tops $500K for First Time

Single-family home prices in metro Denver have been setting records for months — and the same phenomenon is happening statewide. New statistics show that the median price for a single-family home in Colorado has topped $500,000 for the first time ever. Read More 

Denver Average Home Price Tops $700K for First Time Ever

At first glance, the biggest news in the June 2021 market trends report from the Denver Metro Association of REALTORS®  is yet another new record average price for a single-family, detached home in the greater Denver area — just over $700,000. Read More

The Daily Sentinel

Quick hits: Colorado news in brief for Friday, June 4, 2021

According to the June 2021 Market Trends Report by the Denver Metro Association of REALTORS®, the average home price in Denver reached $700,000 in May. The news comes as state lawmakers work to address skyrocketing property taxes.

Colorado Politics

'Extreme seller’s market' for Denver real estate

What's being called an “extreme seller’s market” continued in May for Denver's residential real estate, with the average sales price continuing to smash records, a pitiful amount of inventory for a market the size of Denver’s, and days a home stays on the market dwindling, according to the Denver Metro Association of REALTORS®. Read More

Yahoo! News

May Denver home inventory flew off the market

The average single-family home in May sold for more than $700K, and was off the market in eight days, according to Denver Metro Association of REALTORS®' latest report. Why it matters: It continues to be a seller's market because supply can't catch up with demand. Read More

Denverite

A new statewide zoning law probably won’t fix Denver’s housing problem, but elected officials hope it leads to more affordable housing

When State Rep. Serena Gonzales-Gutierrez ran for her seat in 2018, she and her future legislative colleagues heard the same concern over and over when knocking on doors in Denver. Read More

Out There Colorado

Single-family home price increases $150K in year, setting new record in Denver

The real estate market continues to blast off in Colorado, with the latest data indicating that the average sale price of a single-family detached home in Denver has increased more than $150,000 in a single year. Read More

Housing Wire

The 2021 HW Insiders Nominations are now open!

The HW Insiders program is for the operational all-stars within the housing economy who do the leg work and make the mortgage industry tick, but rarely get the credit. The award recognizes housing professionals in residential mortgage lending, servicing, investments, real estate and fintech who are problem solvers, driving their companies forward every day. Read More

Douglas County News-Press

Encore sells out ahead of opening

With construction still under way, the 180,953-square-foot project will not be ready for move-in until later this fall. Encore's for-sale condominiums ranged in size from the top penthouses to one- to three-bedroom units. Prices for the units ranged from the high $300,000s to over $1 million for the penthouse suites. Read More

9News

Navigating the red-hot housing market in Colorado: A Gazette/9NEWS Community Conversation

ll-cash offers, bidding wars, and sight-unseen offers thousands of dollars over asking price within minutes of a home hitting the market. Buying a house isn’t what it used to be in Colorado and beyond. Read More