DENVER – September 3, 2015 –As the kids head back to school, we tend to see a seasonal slowing of the housing market. This August was no exception. According to REcolorado’s monthly report on the residential real estate market, signs of the traditional end-of-summer softening were seen in the Denver metro and surrounding area. Prices dipped a bit, the number of sold listings decreased, and homes stayed on the market longer.
Yesterday, REcolorado sent a notice of termination to IRES regarding the data-sharing (CCM) agreement. That agreement made it possible for REcolorado, PPAR, and IRES members to access listing data through a single membership with any of the parties to the agreement. For most of the 12 years this agreement has been in force, all three organizations have been in compliance with the rules and practices agreed to in 2003.
DENVER, CO – August 6, 2015 – July saw a welcome increase in the number of homes for sale in the Denver Metro and surrounding area, as eager sellers brought an impressive number of new listings to the market, according to REcolorado, Colorado’s largest MLS and the provider of REcolorado.com.
In 2003, REcolorado, PPAR, and IRES put an agreement in place—the Colorado Cooperative MLS (CCM) Agreement— to share listing content and to offer cooperation and compensation among the participating MLSs. The agreement includes stipulations for how listing data is to be shared and displayed.
Leading Professional Group Also Announces Latest Housing Statistics from REcolorado as Denver’s Real Estate Market Remains among the Hottest Nationally
DENVER – The South Metro Denver Realtor Association (SMDRA) has achieved an historic high membership level by recording its 3,400th member on July 13, 2015. SMDRA’s all-time high membership roster is the association’s largest since 2008 and was established just a few weeks before SMDRA’s 70th anniversary on August 15, 2015.
June 2015 Statistics Report
DENVER – July 7, 2015 –REcolorado, Colorado’s largest MLS and the provider of REcolorado.com, today released its June 2015 report on the Denver-area housing market. The report, which includes data from REcolorado’s 17,000 members who operate throughout the greater Denver Metro and surrounding area, showed an increase in inventory, strong home sales gains, and moderating sales prices.