Denver rents continue to increase

By
Real Estate Agent with Metro Brokers, The Petrelli Team

Is it time for you to consider buying instead of renting?  The Denver Post (denverpost/denver-rents-increase) recently reported the following:  

"It is 3 percent more expensive to rent a place to live in Denver than it was a year ago, according to recent data, and analysts don’t see things getting any cheaper in the next year.

Apartment-finding firm Apartment List released its monthly rental report for Denver early Friday. 

After seeing a steady rise from January through July, rental rates in Denver inched up a modest 0.3 percent in August, according to the report. Median rates for a one-bedroom apartment hit $1,070. Two-bedroom units hit $1,350 in the city. That’s a 3 percent increase over the median rates from August 2016, according to Apartment List. Statewide, one- and two-bedroom rents rose 3.8 percent August to August."

 

Wouldn't your rather be building equity and receiving tax breaks and living in your own space?   We can help you find a property and connect you with someone that can help you arrange financing with little to no down.  

Real estate prices in the Denver area continue to appreciate and with interest rates still being low, it is time for you to buy and build equity.  

We can help you find that beginner property, be it a condo, townhome or small home.   Check out our website or call or email us to get started.

Dee Maas, Broker

720-244-6481

dee@petrelliteam.com

Downsizing-in-Denver

Comments (2)

Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Rents seem to be rising every where...here in Waukesha too!

Sep 04, 2017 06:41 AM
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

There is more and more demand for all kinds of housing with no let up in site

Sep 04, 2017 06:46 AM