Archive for December, 2006

Rental vacancy rates drop — Research on area also says rents are up slightly in the Fort Collins/Loveland area

Saturday, December 2nd, 2006

By CHRISTINE McMANUS — The Coloradoan, Ft. Collins, CO.

Rents increase, vacancies drop

The continued, slight increases in rent, mixed with declining vacancy rates, are stabilizing the multifamily housing market in the Fort Collins/Loveland area.

Average rent in the Fort Collins/Loveland market

$766 -September 2006

$730 - 2005

$722 - 2004

$721 - 2003

$729 - 2002

Multifamily vacancy rates (by percent), Fort Collins/Loveland

8.1 - September 2006

8.9 - 2005

11.2 - 2004

12.2 - 2003

13.1 - 2002

3.3 - 2001

Source: Colorado Division of Housing, third-quarter 2006 report

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Rental vacancy rates drop