DMAR Digest | Week of April 28

COVID-19 updates

Denver’s stay-at-home order will be extended to May 8 even as state’s mandate is about to expire
Mayor Michael Hancock will extend Denver’s stay-at-home order to May 8, even as much of the rest of the state will begin to see a relaxation next week of similar restrictions that had been designed to stem the spread of the novel coronavirus. Read More

Coronavirus: Pandemic Unemployment Assistance FAQs
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) signed into law on March 27, 2020, provides relief to families, small businesses, and individuals who are self-employed and independent contractors. A key provision in the law creates a temporary “Pandemic Unemployment Assistance” program that extends unemployment benefits to those not traditionally eligible, including self-employed individuals. Read More

CAR Legal Bites: Shelter in Place Updates - April 24, 2020
Colorado Association of REALTORS® General Counsel Scott Peterson discusses aspects of the Shelter in Place order in regards to COVID-19 and real estate in Colorado as of April 24, 2020. Watch Here

Congress Clears Latest Coronavirus Relief Bill to Replenish Funding
The U.S. House passed legislation Thursday, April 23, providing a fresh round of funding for coronavirus small-business relief programs championed by the National Association of REALTORS® and available to REALTORS® through the CARES Act. The Senate passed the bill on Tuesday, April 21. Read More

Despite a Dip in March, Home Sales Push Ahead
While existing-home sales dipped in March as the COVID-19 pandemic sparked stay-at-home restrictions across the country, they're not far off from the numbers a year ago, and home prices continue to rise. Read More

Home Showings Are on the Rise After Steep Fall Off
While showings dropped between March 12 and April 12, data from the national showing service ShowingTime shows that home showings have been on the upswing, with a 39% increase in the last two weeks. The uptick is likely due to virtual showings rather than in-person showings. Read More

Home listing traffic has spiked despite sales going down
Even though new home listings and home sales have dropped since COVID-19 hit, there are more buyers actively looking for homes online than a year ago, according to Zillow. When shelter-in-place orders went into place around mid-March, page views for Zillow for-sale listings fell as much as 19% year over year, the company said. Read More

How to Secure Your Business Through the CARES Act
Hear directly from quick-acting REALTORS®, with businesses of varying structure and size, who successfully obtained Paycheck Protection Program (PPP) Business Loans or Economic Injury Disaster Loans (EIDL). Learn how to navigate the Small Business Administration website, which forms to have on-hand when applying, and tips for finding a lender in your area. Don’t wait—funding is limited. Watch Here

Must read

Last Chance: Help House the Homeless for Just $10​

Tomorrow, April 28th, is the last day of our 21-Day Fundraising Challenge benefiting HomeAid Colorado, a non-profit organization that offers multi-unit shelters for families and individuals experiencing homelessness, and provides an opportunity to build second chances to get them back on their feet. With your support, a child will sleep in a warm bed, a mother will rest in a safe place and a family will begin to rebuild their lives. With over 7,000 members we have an opportunity to make a substantial impact.

Due to the current COVID-19 crisis and strict social distancing guidelines, HomeAid Colorado was not able to conduct their annual fundraiser, so they are definitely in need of our support.

Through our donations, we have an opportunity to collectively make a substantial impact. Let's use our collective REALTOR® voice for good and do what we can to support those who are struggling in our community during this crisis.

We aren't far from hitting $10,000! We are DMAR, together we do BIG things!​ Donate Here

Quote of the week