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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
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Multifamily rental growth update through September 2023

MRI Software

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. The additional demand that multifamily lease-ups once enjoyed from home buyers who became renters due to high mortgage rates has faded. and is now -3.1%.

Rent 52
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Staying Ahead of Market Trends: Colorado Springs Property Management Insights for 2024

Muldoon Associates

In fact, it’s increased by 15 percent since 2010. Colorado Springs Rental Values While rents are peaking and even dropping elsewhere, they’re still rising in Colorado Springs. Recent statistics show that between January and July of 2023, the average rent in Colorado Springs is 0.6% So many experts were sure it was coming.

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

Muldoon Associates

As with any investment, there are rewards and challenges to buying property here, but there’s a sustained interest in buying and renting out homes because there’s such a high demand of people who are looking for those homes. There was a 15 percent increase from 2010 to 2020, and there are still more and more people moving into the area.