Category Archives: Apartment Rentals

Denver Metro Rental Vacancies Fall to 2.6 Percent – September 27, 2011

Posted on September 27, 2011 by Mitch Shannon

According to the latest report from the Colorado Division of Housing, the overall vacancy rate of residential properties in the Denver Metro area has dropped to a historic low of 2.6%, in the second quarter of 2011.  The current vacancy rate of 2.6% is lower than the second quarter of 2010′s vacancy rate of 3.8%.  Additionally, the average days on the market fell from the second quarter of 2010, of 47.2 days, to an average of 15.7 days during the same time period in 2011.  While the rental market continues to tighten, residential rental rates have not yet seen a… Read More »

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Historic Lows Create an Excellent Time to Buy an Investment Property – June 2, 2011

Posted on June 2, 2011 by Mitch Shannon

A real estate investor’s “perfect storm” is emerging in the Denver Metro area.  With historic low interest rates and historic low vacancy rates, combined with a significant market adjustment in residential real estate prices, real estate investors are presented with a near perfect opportunity.  From an article by John Rebchook, current metro vacancy rates are hovering around 1.4% with an average of just under 30 days on the rental market, to find a renter.  Equally important mortgage interest rates are at historic lows, even for investor financing.  Investors with 20-25% down are able to cash flow their rental properties right… Read More »

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Denver Apartment Vacancy Rate Rises Slightly

Posted on February 1, 2008 by admin

According to the Metro Denver Multifamily Vacancy and Rent Survey, the metro Denver vacancy rate rose slightly in the fourth quarter of 2007, to 6.1 percent.  The increase is considered minor and relatively optimistic when compared to the fourth quarter of 2006 vacancy rate of 7.0 percent.  Average rents remained fairly stable from the third to fourth quarters, of 2007, with a small increase of $2.00, in the fourth quarter.  New construction of apartment homes, in 2007, has been relatively stable, with 2,262 new units built in 2007.   Overall, the rental market appears to good with adequate supply and demand.  You can… Read More »

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