12,000 more apartments will be ready to rent in Denver in 2018
Posted by West + Main Homes on

Construction starts show no signs of slowing in Denver
The West + Main Homes team hears from folks every day who are having a tough time finding a place to rent in the Denver area. Hopefully this news from the Denver Post will bring a little bit of relief, and help to slow quickly rising rental rates:Are apartment developers hitting the accelerator as a cliff of demand approaches or are they simply trying to keep up in a housing market that continues to defy expectations?
Metro Denver should see another 12,000 apartments come on the market in 2018, continuing a long and unprecedented streak of multi-family construction, said Greg Willett, chief economist with RealPage, a real estate technology and analytics firm.
Builders delivered 10,854 new…
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