Interesting article in the local paper
SINGLE FAMILY RENTAL MARKET TIGHTENS
BOULDER - People in Boulder County and Broomfield looking to rent a single-family home might want to look elsewhere, although they still might not have much luck, according to a report released Thursday by the Colorado Division of Housing.
The vacancy rate for single-family homes, which include for-rent condos, houses and townhouses, duplexes and other small properties, was 0.0 percent in Boulder and Broomfield.
That number is something of a statistical quirk, as the survey's authors in the past have acknowledged Boulder's student housing market can be very difficult to measure, but it represents an extremely tight market across the Denver area.
Rent for a single-family home or condo in Boulder County and Broomfield is $1,531.52, by far the highest in the area.
The average number of days on the market for single-family rentals fell to a new all-time low of 15.7 days during the second quarter of 2011.
BOULDER - People in Boulder County and Broomfield looking to rent a single-family home might want to look elsewhere, although they still might not have much luck, according to a report released Thursday by the Colorado Division of Housing.
The vacancy rate for single-family homes, which include for-rent condos, houses and townhouses, duplexes and other small properties, was 0.0 percent in Boulder and Broomfield.
That number is something of a statistical quirk, as the survey's authors in the past have acknowledged Boulder's student housing market can be very difficult to measure, but it represents an extremely tight market across the Denver area.
Rent for a single-family home or condo in Boulder County and Broomfield is $1,531.52, by far the highest in the area.
The average number of days on the market for single-family rentals fell to a new all-time low of 15.7 days during the second quarter of 2011.
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