Top 10 Cites for Home Sales

The Top 10 Best Cities for Home Sellers based on ZipRealty’s List Price to Close Price RatioReport are: San Francisco, San Diego, Sacramento, Las Vegas, Los Angeles, Orange County, Denver, Tucson, Portland and Seattle.

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2012 Wrap Up

Well,how did we do in 2012? I have wrapped up the highlights of 2012 in this short report full graphs and numbers. It includes information on the legislation front; rental market in Metro Denver, various vacancy rates by markets & dwellings, rent survey; Unemployment figures; Hiring; Home sales &Prices; new homes; and supply of homes on the market. Enjoy. 2012WrapUp

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Lower Apartment Vacancies, Higher Rents

The construction of mutli-family housing has been on the rise, however, the shortage in rental market is persisting. The Denver posted reported yesterday the vacancies in Metro Denver has dropped to 4.3% in the 3rd quarter in 2012, the lowest since 2000. The average rent is up 5.2% in one year. The full article is at Denver metro apartment vacancies…

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Apartment Vacancies at 12-Year Lows

The Denver Business Journal reporting apartment vacancies at a 12-year low confirming the trend with single family home low vacancies and higher rents. Denver-area apartment vacancies hit 12-year low for Q4 .

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Declining Supply of Homes

Supply of homes and condos priced $250,000-and-lower stands at only 3.69 months reports Inside Real Estate News.

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Mid-year Housing Snapshot

Colorado Department of Housing has issued the Mid-year housing snapshot. Click here for the report. Or cut &  paste the link below into your browser. http://www.colorado.gov/cs/Satellite?blobcol=urldata&blobheadername1=Content-Disposition&blobheadername2=Content-Type&blobheadervalue1=inline%3B+filename%3D%22midyear2011.pdf%22&blobheadervalue2=application%2Fpdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1251731922239&ssbinary=true

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Housing Shortage Evident in the Supply of Apartments

Taking part in discussions and correspondences  with other property managers nationwide, the shortage of rental housing is not limited the metro Denver area.  Other managers are seeing record low vacancies low vacancies in their respected areas. The metro Denver single-family vacancies are at all time low of 2.% The shortage seems to be evident in the supply of apartments.  The…

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Single Family Home Vacancies @ 2%

The vacancy rate for single-family homes/townhomes and condos  is at all-time low of 2% during the 4th quarter of 2010 according to the Colorado Department of Housing. The average number of days to rent such homes dropped to 38.2 days from 53.9 days in the 4th quarter of 2009. Click here for the full report.  

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