by assistant@dougcarterllc.com | Jul 10, 2016
Demand for income-producing property comes from both population growth and employment growth; both have been very strong in Denver for the past 6 years. Occupancies and rents drive the earnings of properties and these follow the economic cycle with a lag. Economists...
by assistant@dougcarterllc.com | Jul 1, 2016
Last week the world woke up to the implausible, the United Kingdom voting to leave the European Union. Immediately global and domestic equity markets have been volatile with rapid downside moves while perceived “safe” assets such as gold and US Treasury bonds soared...
by assistant@dougcarterllc.com | May 23, 2016
Colorado Springs is now experiencing a trend that other cities already have gone through, said Tatiana Bailey, executive director of the UCCS Southern Colorado Economic Forum. “We are having a robust economy, and guess what comes with that? More need for apartments,”...
by assistant@dougcarterllc.com | May 2, 2016
This year is starting out strong for the apartment market in Colorado Springs, as expected. We’re seeing an increase in the stabilized vacancy rate and while the rental market gained just 15 occupied units during this seasonally soft quarter, it was much higher...
by assistant@dougcarterllc.com | Apr 12, 2016
Here’s something that probably doesn’t surprise Colorado Springs apartment dwellers: Local rents rose last month at the fastest clip of any city in the nation, that means Colorado Springs apartment rents are now rising at the number one rate in the US....