Colorado Realty and Property Management, Inc.
Denver Property Management Company | Denver Property Manger
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According to Buildium’s annual industry report and analyses from leading real estate sources, there are 7 rental market trends for 2023. As a result, many property managers’ business plans over the past two years “were reactionary, keeping their businesses afloat amid lockdowns, record inflation, panicked residents, and a supply shortage on everything.” “As we get ready for 2023, we are waiting … [Continue reading...]
HB23-1095 Prohibiting the inclusion of certain provisions in written rental agreements. According to current law, a written rental agreement cannot include: Liquidated damages clauses that assign costs to a party arising from an eviction notice or eviction action for a violation of the rental agreement; or Fee-shifting clauses that award attorney fees and court costs to one party … [Continue reading...]
According to Zumper's November rent report, rent prices are steadily declining across much of the United States. Nationally, the median price for a one-bedroom is unchanged from last month; the median price for a two-bedroom declined by 0.4 percent. Zumper's top 100 cities had decreased or flat one-bedroom prices compared to last month; 60 percent had decreased or flat two-bedroom … [Continue reading...]
According to RentCafé's year-end report for 2022, almost two-thirds of renters renewed their leases in a market still hindered by record home prices and rising interest rates. As many as 14 prospective renters competed for a lease at the national level for vacant apartments in 2022, on average, resulting in vacant apartments being occupied within 32 days. In 2022, nearly 95 percent of … [Continue reading...]
Rents were down in 90 of the nation's 100 largest cities in December of 2022, Apartment List reports in January. In December, national rents declined by 0.8 percent for the fourth straight month. In the chart here, you can see how this winter's price declines are steeper than last year's, according to the report. “We expect that 2023 will see bargaining power shift back to renters, and that … [Continue reading...]
The Zumper State Of The American Renter Report shows that renters are hunkering in place until they have a better understanding of the market, and having trouble finding a home that suits their budget. “Rent prices are nearly always a harbinger of other economic indicators. We’re seeing pandemic-era trends begin to unwind, and we expect that to accelerate—in nearly every sector of the … [Continue reading...]
1660 S Albion St #619
Denver CO 80222
(303) 665-7368
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970-432-3110
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2095 W. 6th Avenue, Ste. 211
Broomfield, CO 80020
303-803-1117
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719-312-7752
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720-679-1162
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