Colorado Springs residential vacancy rates have dropped for the second straight quarter in 2010, according to the Colorado State Division of Housing. I their latest "Apartment Vacancy and Rent Study", the division reports that El Paso County vacancy rates have dropped to 5.8%, the lowest number since Q3 of 2001. The division goes on to attribute this drop to incoming troop movements to Fort Carson.
This is great news for local "buy and hold" real estate investors. With unprecedented low interest rates and more proposed troop movements back into Colorado Springs, now is a great time to grow a real estate portfolio. For more information on Property aqusition and property management visit: http://springshomesforrent.com
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