Fort Collins & Greeley Apartment Vacancy Rates decline in 4Q (2006)
According to The Group Inc. Real Estate Insider newsletter (Vol. 31, No. 3 - April 2007), apartment vacancy rates in the Fort Collins area fell from 8.9% (3Q-2006) to 8.3% (4Q-2006) and the Greeley area fell from 7.3% (3Q-2006) to 7.2% (4Q-2006). However, the Loveland area increased from 8.0% (3Q-2006) to 10.6% (4Q-2006). According to the newsletter, apartment vacancy rates are likely to decline in the next six months - stating that “demographic and cost-of-housing fundamentals favor lowering vacancy rates”.
