Apartment vacancy rates prompt differing analysis
The Colorado Division of Housing reported last week that Colorado Springs average rental rate hit an all-time high in the second quarter of 2011 at $759 a month. But whether that’s really an all-time high and what that says about the market depends on whom you ask. Division of housing spokesman Ryan McMaken said median [...]
Apartment vacancies in Colorado Springs increased to 6.6 percent for the third quarter of 2010, according to a Colorado Division of Housing Report released today. The rate is higher than the 5.8 percent reporter last quarter, but down in a year-over-year comparision from 8.7 percent in the third quarter of 2009. The report cited troop [...]
Continue reading …Apartment vacancy rates in the Colorado Springs area fell to 6.9 percent during the first quarter of 2010, the lowest vacancy rate reported since 2001. The city’s overall vacancies were down from first and fourth quarters 2009, according to a report released today by the Apartment Association of Southern Colorado and the Colorado Department of Local [...]
Continue reading …The Colorado Department of Local Affairs’ Division of Housing reported this week that there are twice as many low-income households as there are affordable rental units in Colorado. Housing units are deemed affordable if the household pays 30 percent or less of monthly income to rent. DOH analysts also found there are 49 rental units [...]
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