Monthly Roundup June: DMAR in the News
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
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
