Apartment vacancy rates in Colorado Springs were above the state average in the first quarter of this year. The city was also just one of a few metro areas in the state where vacancy rates were higher than last year. The vacancy rate was 6.4 percent in Colorado Springs, which was up from 5.8 percent [...] [...]
The lower apartment vacancy rates and higher rents reported in last week’s survey from the Colorado Division of Housing are good for apartment property owners ... [...]
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 [...] [...]
The city’s traditional shopping malls are facing challenges filling retail space. Anchor tenants are leaving, and vacancies are high. Yet mall managers are trying to put a good face on the matter and insist their vacancy problems are only temporary. The city’s two traditional, shopping malls, The Citadel and Chapel Hills malls, won’t offer statistics [...] [...]