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Property Management Blog

Rental Action Hot for Urban Apartments

Lisa Shook - Friday, December 20, 2013

Rental Action Hot for Urban Apartments

Wow.  Top economist says that 2014 will be even a better year for renting multifamily units due to a few things.

  • New construction which means more urban apartment rentals
  • Urban apartments will be the first stop for many of the young adults who find jobs and move out of their parent’s homes
  • More supply of Urban apartments and more demand for them as well
  • Slowing supply and demand for single family homes due to investors buying fewer single-family homes
  • Loosening credit standards allowing more people to become homeowners again

Denver is one of the top 10 markets to watch in 2014.  The reason for this is that Denver has job growth, longer-term economic success, and recent construction activity.  At this time, Denver’s home prices are not over valued like other markets throughout the country.  All these factors add to a vibrant and excellent market to invest in at this time.

This is a great time for you to invest in that multi-family unit you have been thinking about buying. Even if you haven’t been thinking about buying one, this is still a great time to do so.  Many people want to invest their money for retirement and not sure what to do, now is the time to invest in Real Estate.  Ascent Asset Management can help you make the most of your investment because they know how to maximize your return. With top notch maintenance, accounting, and customer service personnel, they are your one stop shop for property management and property investment.  Go to their website at www.ascentassetmanagement.com or give them a call at 720-684-4364. 

At Ascent Asset Management they love what they do and love helping people.  Their slogan says it all.  “Where,People, Property, and Performance Matter Most.”  

Anonymous commented on 20-Jan-2014 01:11 PM
This is a very interesting topic for me please keep me informed with additional information you have on this subject.

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