The Denver metro rental market is extremely strong right now. I have some relocation clients that are coming to town and need to find a rental. They know that they are among vast competition and our pickens are super slim - EVEN IN OCTOBER!!!!
If you've got a rental, you will rent it for sure and probably a touch higher than you would have originally thought.
Our vacancy rates for rentals have been hovering between 1-2% all year and see this staying about where it is.
If you need any help finding property that would be good for buy and hold/rental purposes, let me know!
REALTOR, CDPE, The Elite Team
Your Castle Real Estate
I think it is clear that the rental market has been a winner lately, at least for the property owners. I've talked to a number of people who have had trouble finding places to rent. And I have talked to owners who were surprised how quickly their properties have rented when advertised. In some cases rentals posted on Craigslist have been rented during the first hour.
Prudential Real Estate of the Rockies
of Longmont, CO
720 810 0683