by Jon Terry | Nov 18, 2014 | Apartment, Blog
Vacancies in metro Denver in the third quarter dropped almost a full percentage point to 3.9 percent. In the second quarter, the vacancy rate was 4.7 percent. From second to third quarter, the average rent in the metro area rose to $1,145 per month, about a 2 percent...
by Jon Terry | Oct 13, 2014 | Apartment, Blog
If you’re dealing with a small-apartment or small bedroom, here is a list of clever space-saving solutions. 1. A nightstand that mounts on the wall is perfect for a small bedroom. The open space underneath the nightstand visually enlarges the space, and you can...
by Jon Terry | Jan 4, 2014 | Apartment, Blog
The apartment market was robust in the latter part of 2013, with vacancy rates hovering around 13-year lows and rents rising despite a resumption in multifamily construction. Builders delivered 5,560 new apartments in 2013, far above the 2,170 delivered in 2012....
by Jon Terry | Aug 12, 2013 | Apartment, Blog
Five main factors are fueling the hot apartment market in Denver: 1. Metro Denver’s population has been growing by about 20,000 people per year and is pushing 3 million. 2. Home ownership rates are at 61 percent, just below the national average of 63.9 percent....
by Jon Terry | May 29, 2013 | Apartment, Blog, Colorado Living, The Economy
Apartment developers will finish about 4,200 units in metro Denver before 2013 is over, with most of those being built downtown. “So much of this is driven by employment right now,” said Ryan McMaken, an economist with the Colorado Division of Housing. “Vacancy tends...
