Cary Bruteig
Cary Bruteig
apartment combined continue dropped due job last limited percent reaching supply
Apartment vacancy has dropped from 13 percent to 8 percent over the last two years. It should continue to drop due to the limited new supply reaching the market, combined with accelerating job growth.
average below last per
This is below the average for the last 25 years of 4,500 units per year.
denver market maybe metro seems wondering
I'm wondering if maybe now the metro Denver market has changed. There just seems to be more liquidity in the market.
becoming bottom climbing curve everybody income obvious start
It's becoming obvious to everybody that we're kind of at the bottom of the curve and that rental income is going to start climbing from here.