According to the Colorado Division of Housing, statewide apartment vacancy rates continue to fall. At the end of the 4th quarter 2007, the apartment vacancy rate had dropped to 8.6% - compared to the 10.4% rate in December 2006.
Average monthly rents also continue to increase across the state.
If you are a current Colorado real estate investor, or a first time investor looking for the right window of opportunity to jump in, now is a great time to make the purchase. Low apartment vacany rates and rising rents create a remarkable environment for your residential rentals.
Colorado investment real estate is one of my passions and specialties. It would be my pleasure to help you find the right investment that meets your financial objectives.