Rising apartment rents, falling vacancies coming
Posted on Thu, Apr 28, 2011
Despite hitting a 10-year first-quarter low of 5.5 percent, Denver-area renters should brace for even lower vacancy rates – and higher rents – later this year.
“There will be some sticker shock,” said Gordon Von Stroh, the University of Denver business professor who authored the apartment vacancy rate report for the Apartment Association of Metro Denver and the Colorado Division of Housing."
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