DMAR Digest | Week of January 24
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LAST CALL FOR EA22 APPLICATIONS
Applications are due by this Friday, January 28, 2022 at 5:00 PM MST. If you haven't yet applied, now is your chance! Winners will be announced live at the luncheon on March 9th.
APPLICATION CATEGORIES (click on a category to apply)
- Individual
- Partnership (consists of 2 members)
- Team (consists of 3 or more members)
- Office
- Project
- Special Recognition (for Broker/Manager of the Year, Community Service Award, Industry Partner of the Year, Realtor® of the Year, Rookie of the Year, Rising Stars, Support Person of the Year and the Oliver Frascona Lifetime Achievement Award)
Quote of the week
“People of mediocre ability sometimes achieve outstanding success because they don't know when to quit. Most men succeed because they are determined to."
George Allen, American football coach
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The Road Ahead
2021 was another hot year for the U.S. housing market. Home prices skyrocketed and sales reached the highest level in 15 years, over six million homes were sold nationwide, tech companies stopped and started iBuying, disrupters became Realtors® and brokerages, consolidation and mergers continued - without a doubt, the industry was on a wild ride last year. So, what should we expect as we head into the new year? Join us and find out! Steve Murray, President of REAL Trends, and DMAR's CEO, Nobu Hata, will discuss what we learned in 2021, the current landscape of brokerages and what trends to watch in 2022. Read More
2022 Economic Outlook: Take the Good With the Bad
Key Takeaways: Mortgage rate increases will hamper housing affordability in 2022. First-time buyers will need your expertise to get out from under annual rent increases. Current homeowners may find themselves ‘mishoused' as a result of the pandemic and seek out new lifestyle choices. Commercial real estate remains strong, though the office sector can expect rent concessions to continue in 2022. Tax incentives or extra government funding may be needed to repurpose underused office space. Read More
Good News for Buyers? New-Home Construction Activity Increases, Amid a Surge in Building Permits
The surge in permitting was driven by a 112% increase in the number of housing structures authorized in the Northeast. The Census Bureau explained the anomaly in a special notice with the housing-starts report: Philadelphia ushered in multiple changes to real-estate taxes for residential projects that are permitted after Dec. 31. Therefore, developers rushed to get permits approved ahead of that start date. Read More
Mortgage rates have eclipsed 3.5%
The average 30-year-fixed rate mortgage climbed to 3.56% during the week ending Jan. 20, rising from 3.45% the week prior, according to the latest Freddie Mac PMMS Mortgage Survey. A year ago, the 30-year fixed-rate mortgage averaged 2.77%. Most economists believe rates will continue to climb in the weeks and months ahead. Read More
Existing-Home Sales Reach Highest Point Since 2006
Existing-home sales ended 2021 on a high note as home buyers rushed to buy a home to take advantage of ultra-low mortgage rates. Overall, sales were up 8.5% in 2021 compared to 2020, the National Association of Realtors® reported Thursday. But the new year could bring about lower sales numbers as more buyers become priced out and find fewer and fewer choices of homes for sale. Read More
Resources & services
Lunch with an Icon Powered by YPN
You may be familiar with DMAR's Lunch with an Icon Powered by YPN, a quarterly series that invites 10 Realtor® members to an intimate forum to connect with and learn from local real estate icons. To kick-off the 2022 series, we’re taking it up a notch – 10 in fact – and inviting 100 Realtor® attendees to join us for lunch with a national icon: Christophe Choo.This is a unique opportunity to hear from one of the most successful individuals in the business, ask questions and network with other engaged Realtors®. The conversation will be moderated by a member of DMAR's YPN leadership team with plenty of time for Q&A from attendees. Read More
Industry Partner Insider | February 8
We know you choose to belong to DMAR and we see your annual membership dues as a great investment in your career. But if you aren't taking advantage of everything we offer... you're missing out! Join us for an exclusive Industry Partner Insider to hear tips on how to get the best bang for your buck when it comes to your DMAR membership from DMAR CEO Nobu Hata. We'll be covering everything you need to know to maximize your membership, attract top agent business and stand out from the noise as an Industry Partner. Read More
Chili Cook-Off for a Cause
It's the return of the annual Chili Cook-Off and this time we're cooking for a good cause - to help those impacted by the Marshall Fire in Boulder County! Bring your best chili (red, green, white or vegetarian) and our panel of judges will award the top contenders, plus there'll be awards for people's choice winners. This is a free event but we encourage you to bring a monetary donation for victims of the recent Marshall Fire. Read More
NAR Financial Wellness 2022 Tax Summit
Taxes don’t have to be scary! Learn about new government regulations and receive tips on how to improve your personal wealth by spotting opportunities in your tax return, what to do if the IRS comes knocking, and more. Register to attend NAR’s Center for Financial Wellness Tax Summit four-part series event: Learn More
DMAR Staff is Here to Help
If you are looking to reach a specific department or staff person, please refer to the staff directory here, or contact our main line at 303-756-0553 or email help@dmarealtors.com.
Just for you
Three Tier Benefits | Realtors® Vision Insurance
As a member of DMAR, you also gain access to member-only benefits and services from the Colorado Association of Realtors®️ (CAR) and the National Association of Realtors®️ (NAR).
Exams, Frames, Lenses, and Other Eye Health Expenses
There are two guarantee issue group plans from which to choose: a PPO option and a non-PPO option. Both provide great, competitive rates and include annual eye exam benefits and savings on frames, lenses, and contact lenses. Rates are priced for Member Only, Member & Spouse, Member & Children, or Member & Family. Realtors® Vision Insurance is an annual plan. Once enrolled, policyholders have a 10-day “look back period.” During this time you can cancel your plan with no penalty or other obligation. Policies require that after the look back period, members make a commitment through the initial 12 monthly periods. Please have your Member ID number handy.
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