The City rental market continues to be intresting. We, and most of our competitors, are seeing a very slow student market. A higher percentage of the students are waiting to sign leases until just before school begins. This gives them options and much lower rents. Couple this with high student property vacancy rates and you can see the trend.
The City of Boulder is getting ready to release new on-line options for their information. One of these options will give people the option of filing complaints on properties over the web. While this is good news for the neighbors it could mean a much higher rate of problems for owners and landlords. I doubt the City has the staff to investigate each complaint and may just issue citations. We will have to see how this affects us.
