Remove 2010 Remove Landlord Remove Lease
article thumbnail

Multifamily rental growth update through October 2023

MRI Software

A drop in traffic and leases, combined with heavy doses of new supply, established lower occupancy percentages across the board. New construction deliveries in 2023, as well as in the coming years of 2024 and 2025, will be greater than the best year of deliveries since the Great Financial Crisis, or since 2010.

Rent 52
article thumbnail

Staying Ahead of Market Trends: Colorado Springs Property Management Insights for 2024

Muldoon Associates

In fact, it’s increased by 15 percent since 2010. but even as they settle, those rental values will remain high enough that you can increase what you earn every time you sign a lease renewal. will likely be used more consistently by property managers, real estate agents, leasing agents, and even vendors and contractors.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Multifamily rental growth update through September 2023

MRI Software

The yellow highlights draw attention to those metros with an average occupancy dropping below 90%, a threshold that has historically been the point at which a market transitions from a ‘Landlord Market’ to a ‘Renter Market.’ Deliveries are outpacing demand.

Rent 52
article thumbnail

Is Investing in Colorado Springs Real Estate Right for You? A 2024 Guide

Muldoon Associates

There was a 15 percent increase from 2010 to 2020, and there are still more and more people moving into the area. Think about the weather and the seasons because snow and ice do have an impact on property deterioration and strong leasing seasons. The population is spiking in our area.