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svelte.
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AuthorPosts
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April 2, 2008 at 5:26 PM #12334April 2, 2008 at 9:48 PM #179967
jpinpb
ParticipantWow. That’s almost as bad as Temecula
April 2, 2008 at 9:48 PM #180334jpinpb
ParticipantWow. That’s almost as bad as Temecula
April 2, 2008 at 9:48 PM #180338jpinpb
ParticipantWow. That’s almost as bad as Temecula
April 2, 2008 at 9:48 PM #180352jpinpb
ParticipantWow. That’s almost as bad as Temecula
April 2, 2008 at 9:48 PM #180427jpinpb
ParticipantWow. That’s almost as bad as Temecula
April 3, 2008 at 12:03 AM #180047surveyor
Participantnotes
I thought this was an interesting statement:
Most people who lose their homes to foreclosure become renters again. That’s happening so swiftly in Denver and other parts of Colorado that vacancy rates for apartments have dropped from more than 10% a few years ago to about 5% today, says Williams, the Colorado housing official. The nation’s apartment vacancy rate dropped from 6.9% in 2003 to 5.6% in 2007, according to research by Marcus & Millichap Real Estate Investment Services.
“We’re seeing a lot more stress on the rental market,” Williams says. “If more supply doesn’t come in, we’re going to see rents rise.”
That’s happening already: The average rent that landlords sought for an apartment in Denver in 2007 rose 3.9% over the previous year, according to Marcus & Millichap.
I’ve been seeing this symptom (the rising scarcity of rental units due to foreclosed homeowners becoming renters) manifest itself here modestly in San Diego.
April 3, 2008 at 12:03 AM #180414surveyor
Participantnotes
I thought this was an interesting statement:
Most people who lose their homes to foreclosure become renters again. That’s happening so swiftly in Denver and other parts of Colorado that vacancy rates for apartments have dropped from more than 10% a few years ago to about 5% today, says Williams, the Colorado housing official. The nation’s apartment vacancy rate dropped from 6.9% in 2003 to 5.6% in 2007, according to research by Marcus & Millichap Real Estate Investment Services.
“We’re seeing a lot more stress on the rental market,” Williams says. “If more supply doesn’t come in, we’re going to see rents rise.”
That’s happening already: The average rent that landlords sought for an apartment in Denver in 2007 rose 3.9% over the previous year, according to Marcus & Millichap.
I’ve been seeing this symptom (the rising scarcity of rental units due to foreclosed homeowners becoming renters) manifest itself here modestly in San Diego.
April 3, 2008 at 12:03 AM #180417surveyor
Participantnotes
I thought this was an interesting statement:
Most people who lose their homes to foreclosure become renters again. That’s happening so swiftly in Denver and other parts of Colorado that vacancy rates for apartments have dropped from more than 10% a few years ago to about 5% today, says Williams, the Colorado housing official. The nation’s apartment vacancy rate dropped from 6.9% in 2003 to 5.6% in 2007, according to research by Marcus & Millichap Real Estate Investment Services.
“We’re seeing a lot more stress on the rental market,” Williams says. “If more supply doesn’t come in, we’re going to see rents rise.”
That’s happening already: The average rent that landlords sought for an apartment in Denver in 2007 rose 3.9% over the previous year, according to Marcus & Millichap.
I’ve been seeing this symptom (the rising scarcity of rental units due to foreclosed homeowners becoming renters) manifest itself here modestly in San Diego.
April 3, 2008 at 12:03 AM #180431surveyor
Participantnotes
I thought this was an interesting statement:
Most people who lose their homes to foreclosure become renters again. That’s happening so swiftly in Denver and other parts of Colorado that vacancy rates for apartments have dropped from more than 10% a few years ago to about 5% today, says Williams, the Colorado housing official. The nation’s apartment vacancy rate dropped from 6.9% in 2003 to 5.6% in 2007, according to research by Marcus & Millichap Real Estate Investment Services.
“We’re seeing a lot more stress on the rental market,” Williams says. “If more supply doesn’t come in, we’re going to see rents rise.”
That’s happening already: The average rent that landlords sought for an apartment in Denver in 2007 rose 3.9% over the previous year, according to Marcus & Millichap.
I’ve been seeing this symptom (the rising scarcity of rental units due to foreclosed homeowners becoming renters) manifest itself here modestly in San Diego.
April 3, 2008 at 12:03 AM #180507surveyor
Participantnotes
I thought this was an interesting statement:
Most people who lose their homes to foreclosure become renters again. That’s happening so swiftly in Denver and other parts of Colorado that vacancy rates for apartments have dropped from more than 10% a few years ago to about 5% today, says Williams, the Colorado housing official. The nation’s apartment vacancy rate dropped from 6.9% in 2003 to 5.6% in 2007, according to research by Marcus & Millichap Real Estate Investment Services.
“We’re seeing a lot more stress on the rental market,” Williams says. “If more supply doesn’t come in, we’re going to see rents rise.”
That’s happening already: The average rent that landlords sought for an apartment in Denver in 2007 rose 3.9% over the previous year, according to Marcus & Millichap.
I’ve been seeing this symptom (the rising scarcity of rental units due to foreclosed homeowners becoming renters) manifest itself here modestly in San Diego.
April 4, 2008 at 11:41 AM #181115svelte
ParticipantIf the economy keeps tumbling, it may alleviate the upward pressure on rents. I remember in the 1990s when the economy tanked, people started doubling- and tripling-up on apartment/house rentals to save $$…that in part drove rents down since it drove vacancy rates up.
April 4, 2008 at 11:41 AM #181125svelte
ParticipantIf the economy keeps tumbling, it may alleviate the upward pressure on rents. I remember in the 1990s when the economy tanked, people started doubling- and tripling-up on apartment/house rentals to save $$…that in part drove rents down since it drove vacancy rates up.
April 4, 2008 at 11:41 AM #181147svelte
ParticipantIf the economy keeps tumbling, it may alleviate the upward pressure on rents. I remember in the 1990s when the economy tanked, people started doubling- and tripling-up on apartment/house rentals to save $$…that in part drove rents down since it drove vacancy rates up.
April 4, 2008 at 11:41 AM #181151svelte
ParticipantIf the economy keeps tumbling, it may alleviate the upward pressure on rents. I remember in the 1990s when the economy tanked, people started doubling- and tripling-up on apartment/house rentals to save $$…that in part drove rents down since it drove vacancy rates up.
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