Category: Market Report
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CoStar: Multifamily Outlook for 2017
While Experts Expect Apartment Market to Moderate in 2017… …Don’t Be Surprised if it Continues to Outperform By Mark Heschmeyer January 4, 2017 Last year, most prognosticators for the multifamily sector predicted a record number of new units would cause rents to moderate and vacancies to increase. Sales of multifamily properties would dip below the…
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2014 Q4 NoCo Multifamily Market Report
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JUST RELEASED: The 2014 Q4 Northern Colorado Market Report CLICK HERE to request full 8-page report.Following is an excerpt from the full market snapshot: The multifamily market in Northern Colorado continued its strong performance through the third and fourth quarters of 2014. Although there were some lulls seen in the growth, the area still expanded its workforce…
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Unemployment Drops, Job Growth Continues
BizWest reports great news: unemployment is dropping as regional job growth is building. For the first time since May of 2007, Boulder County’s unemployment rate was below 3% along with Larimer County hitting 3%, Weld hitting 3.6% and Broomfield hitting 4%. These exciting numbers come straight from the Colorado Department of Labor and Employment’s survey of…
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Role Reversal: More Parents Move In With Kids
“While much has been written about millennial children boomeranging back to live with their parents, there’s another group of people who have been quietly doubling up: baby boomers and their own aging parents,” explains Amy Hoak of MarketWatch. Hoak describes an all too familiar situation of aging parents with deteriorating health, not being able to…
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The Fate of Apartment Rent
MarketWatch has some breaking news from the National Association of Realtors: apartment rent will outpace inflation next year. According to a forecast released in November, rent growth is expected to hit 3.9% in 2015, compared to the 4% of 2014. A consensus estimate from economists recently put the overall consumer inflation rate at about 1.9% for…