This may be a good reason for a lot of condo owners to rent out their condos vs. trying to sell them. Many are surprised to find out how much they would get for rent and that they would actually make money every month.
Wednesday, January 25, 2012
Tuesday, January 3, 2012
Denver are home inventory continues to decline.
Interesting news from the Denver Business Journal.
The inventory level of metro Denver single-family homes and condominiums continued to fall in December, holding a trend that has grown pronounced in the last couple of months, according to a report Tuesday drawing on Metrolist Inc. data.
The 12,531 homes on the market in December represented a 12 percent drop from November, and a 34 percent drop from December 2010, the report states. That number marked a 24 percent drop from December 2009’s 16,456 homes on the market.
The inventory level of metro Denver single-family homes and condominiums continued to fall in December, holding a trend that has grown pronounced in the last couple of months, according to a report Tuesday drawing on Metrolist Inc. data.
The 12,531 homes on the market in December represented a 12 percent drop from November, and a 34 percent drop from December 2010, the report states. That number marked a 24 percent drop from December 2009’s 16,456 homes on the market.
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