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Monthly Roundup March: DMAR in the News

Our Association caught the attention of several major media outlets this month including The Denver Post, Westword, The Center Square, Denver7, Fox31, Denver Gazette and University of Denver.

The Denver Post 

Metro Denver and Colorado Springs both make list of country’s 10 least affordable housing markets

Metro Denver moved up four spots to eighth least affordable, while Colorado Springs rose one spot to 10th in February’s ranking, which looks at the ratio of the median home sold price to median household incomes. Denver had an unaffordability ratio of 5.67, based on a median home sold price, including condos, of $540,000, which ranked fourth-highest, and now ahead of New York City and Boston. Read More

Westword

Globeville Home Prices Have Skyrocketed Amid Increasing Gentrification

While homes in the Globeville neighborhood of north Denver are more affordable than in many other parts of the city, that is changing fast. The sale prices of modest homes in the neighborhood Globeville have doubled, tripled, quadrupled and even quintupled in recent years. Read More

The Center Square

Report: Denver homebuyers face stiff competition as inventory levels decline

For homebuyers in Denver’s real estate market, the first two months of 2022 have been brutal as inventory levels continue to decline, according to the latest monthly market data report from a real estate industry group. Read More

Denver7

360: Housing sale prices, rent prices, & homebuyer program [Video]

Fox31

Housing listings in Denver metro reach an all-time low

New data released Thursday tracked the sharpest inflation recorded in 40 years. The U.S. Bureau of Labor Statistics’ Consumer Price Index says the price of all items rose by 7.9% in February 2022. The basics for basic necessities such as food, housing and energy are each crossing historic milestones. Read More

Denver Gazette

Denver’s real estate market soars, driven by low inventory, report says

Real estate agents and homebuilders are raising their eyebrows at the latest home inventory figures coming from Denver-area neighborhoods, as a shrinking... Read More

Universitry of Denver

Q&A: What's Happening With the Housing Market?

Since the start of the pandemic, a perfect storm has sent home prices soaring, as record low mortgage rates and remote work spurred Americans to move. And now, even as interest rates tick up, inventory is at a record low, driving prices even higher. Read More