Expert Property Management Insights for the Boulder Rental Home Market
The statistics are in for the first quarter of 2015 from the Apartment Association of Metro Denver, and the rental market has continued to surge as predicted. Average Rent Average rents rose 12% from $1,073 in Q1-2014 to $1,204 in Q1-2015. The median rent increased by 13% from $1,021 in Q1-2014 to $1,158 in Q1-2015. […]
As home ownership in the U.S. sinks to a 19 year low of 64.4% more attention is being focused on the rental housing stock. Vacancy has dipped to 4.7% tipping the scales in the landlords favor. An evenly balanced market is considered to have a vacancy rate of 5%. The lower supply increased rental rates. […]
8z Rentals Boulder