Monthly Roundup January: DMAR in the News
DMAR caught the attention of several major media outlets this month including 5280, The Denver Post, 9News, Denver Real Estate Watch and the Denver Business Journal.
Check out these 6 news headlines, which mentioned our Association and referenced our January Market Trends Report.
5280 [The Denver Magazine]
The Denver real estate market posted a record-breaking 2015, with $20.16 billion in home sales for the year—an increase of 14.5 percent over 2014, according to a report from the Denver Metro Association of REALTORS®. “The Denver metro area continues to be the number one real estate market in the country,” says Anthony Rael, chairman of the Denver Metro Association of REALTORS®’ Market Trends committee.
The Denver Post
Metro Denver's housing market had a record year in 2015, but it also showed signs of exhaustion in the final month as prices stayed flat and the number of listings dropped sharply, according to a report Tuesday from the Denver Metro Association of REALTORS®. "The Denver metro area continues to be the number one real estate market in the country," Anthony Rael, chairman of the DMAR Market Trends Committee wrote in a monthly update.
For many, including those who make a living buying and selling homes, the slower pace will come as a relief. "We can't continue to sustain these year-over-year, double-digit increases over the long run," said Anthony Rael, chairman of the market trends committee at the Denver Metro Association of REALTORS®.
9News
After 12 months of record prices, scant inventory and a breathless sales pace, the residential real estate market in metro Denver ended 2015 with more than $20 billion in total sales volume in the year, a 14 percent increase over 2014, according to data from the Denver Metro Association of REALTORS®.
Denver Business Journal
"The Denver metro area continues to be the number one real estate market in the country. ... Sellers have experienced record rates of return on their property as values have skyrocketed the past few years – including a 14 percent increase in the past 12 months alone," said Anthony Rael, chairman of the DMAR Market Trends Committee.
Denver Real Estate Watch
Last year was a record-smashing one for the Denver-area housing market. A report recently released by the Denver Metro Association of REALTORS® showed that $20.16 billion in single-family homes and condo/townhomes traded hands in the Denver area in 2015. That marked a 14.5 percent increase from the $17.6 billion in home sales in 2014.
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