Home » Posts tagged with » vacancy rates
Report: Apartment rents higher in first quarter

Report: Apartment rents higher in first quarter

Average apartment rents in the Colorado Springs area rose year over year for the seventh straight quarter during the first three months of 2014, according to a report by the Colorado Division of Housing. Average rents in the metro rose 4.3 percent to $822 from $787 during the same quarter of 2013, said the report,… Continue Reading Report: Apartment rents higher in first quarter

Report: Apartment vacancy drops, rents rise

Comments Off

While Colorado Springs apartment vacancy rates fell in the second quarter, rents increased. Apartment Insights, a quarterly apartment market report put together by apartment broker Doug Carter at Sperry Van Ness, reported a city-wide vacancy rate of 6.38 percent. The average rent increased $7 from the first quarter to $747 per unit. Rent citywide is… Continue Reading Report: Apartment vacancy drops, rents rise

Continue reading …

While Colorado Springs real estate insiders have bemoaned the city’s high office vacancy rates, they’re similar to those in other cities the same size, according to Hoff & Leigh Commercial Real Estate. “The surprising thing is that we’re actually pretty well positioned in comparison to other tertiary markets,” said Hoff & Leigh researcher Jason Baumgartner.… Continue Reading Survey finds vacancy rate similarities in other cities

Continue reading …

Out-of-state investors are eying Colorado Springs’ rapidly improving apartment market. The average rent in Colorado Springs hit a record high during the third quarter of this year as vacancy rates dropped to their second-lowest in a decade, according to a report from the Colorado Division of Housing. The Colorado Springs market was depressed longer and… Continue Reading Low apartment vacancies, high rents entice out-of-state investors

Continue reading …