Helpful news and resources for Colorado landlords.
Many cities around the country are experiencing a tightening rental market and higher prices as a result, but in Denver, rental prices are soaring at even higher levels. A number of factors have contributed to the current situation in the Denver rental market. Among those factors are higher home prices combined with faster sales times. As a result, a large number of landlords in the Denver metro area have opted to cash out. This has left even fewer homes available for rent, thus escalating rent prices.
Exacerbating an already tight rental market in Denver is the fact that the metro area has continued to gain popularity among young adults. Many of these prospective renters are moving in from other states. The thriving economy in Denver has proven to be a significant draw for many people from out-of-state. In 2013, Colorado was among the top states in the country for employment growth.
We found a number of important links that you can leverage as a Colorado landlord.