This newsletter is a compilation of news and information regarding the rental markets in Boulder and Broomfield counties and the economic status of and outlook for the area. The sources for the data include local and regional news media, association publications and seminars, and information gathered from contacts in the property management and real estate fields. We make every effort to cite all of our sources. Should we miss one please let us know so that we can correct the omission.
Since last month we reduced our vacancy rate to just 3%. Those properties we have managed for over 4 months have a 0% vacancy rate. The remaining properties are new to the market and we hope to rent them soon!
We also welcome Frank Phillips to the office. He will be helping out with the accounting and other projects.