by Jonathan Easley Published: February 4,2011
Tags: apartments, Foreclosures, rent, rentals
It has been a renter’s market in Colorado Springs for most of the last decade, but that’s about to change. Demand for apartments and rental homes is up because homeowners whose houses have been foreclosed upon are renting now, and builders are holding off on constructing apartment complexes until the economy strengthens. Rental vacancy rates fell to [...] [...]
by Becky Hurley Published: July 10,2010
Tags: apartment, Real Estate, rent
Like a barometer, apartment rental rates provide a measure of the Pikes Peak economy — and this summer the pressure is rising, though demand could soon drop even faster. Vacancy rates in apartment communities of 50 units or more are down to a 10-year low of 6.1 percent, compared to about 8.4 percent last year. Not surprisingly, [...] [...]
by Amy Gillentine Published: March 20,2010
Tags: 2010 legislature, rent
Lawmakers are considering a bill this year that would give local governments more leeway in requiring private developers to build affordable housing, though critics say the proposal is merely a back-door to controlling rents. The author of House Bill 1017, Rep. Daniel Kagan, D-Denver, said his aim is fix two problems: lack of affordable housing in [...] [...]
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