Slightly good news for renters. The average Colorado multi-family vacancy rate has increased slightly from 4.9% in the 2nd quarter to 5.1% in the 3rd quarter. And the average Colorado multi-family rent has decreased slightly from $1,356 in the 2nd quarter to $1,346 in the 2nd quarter.
The numbers for the Denver metro area vacancy rate is 5.4% and for the average rent is $1,412.
The real estate market for buyers has also eased slightly.
Whenever you are ready, here’s some ways that I can help with your real estate goals:
1) Free Access to search the Denver MLS for all homes currently on the market: Denver Home Finder Service Property Search
2) Join me for a home tour - Home tours are Monday thru Saturday at 2:00 pm or 6:00 pm - choose your tour here
3) Request a specific search that sends all the homes that meet your parameters as soon as they come on the market - that way you can beat others to the best homes. Send me an email with "specific search" in the subject line and your wish list - Price range, school district, style, minimum number of bedrooms, etc. - Vickie@DreamsCanHappen.com
4) Receive a Home Loan Report –There are so many different loan programs. Do you need 20% down payment to purchase a home? Are there special programs for first time home buyers? What does CHFA mean? What's the difference between a FHA loan and a Conventional loan? Send me an email - - Vickie@DreamsCanHappen.com with "Home Loan Report" in subject field and I'll send it right over.
Also….check these out??
Denver Home Finder Service
Denver Home Seller Service