The DBJ on rents, August 2012

The DBJ on rents:

Meanwhile, vacancy rates statewide fell to an average of 4.9 percent in the six metro areas tracked by the report. That rate is the lowest statewide average since 2001, when a 4.3 percent rate was logged in the first quarter. Vacancy rates below 5 percent are considered a tight market.

“We’re now seeing signs of the kind of general rent growth across all metros that we haven’t seen since 2008,” Ryan McMaken, spokesman with the Colorado Division of Housing, said in a statement. “Limited supply is an issue. New units are on the way, but there’s a lag on that, and some metros aren’t seeing much new construction at all.”

DP reports on the market effects of fires

The DP reports on the market effects of fires:

According to Ryan McMaken, Community relations director for the Colorado Division of Housing, many people displaced by the High Park and Waldo Canyon fires might soon be looking to snap up single-family rentals.

Although that expected surge probably won't affect the official vacancy rates for next quarter — the survey's sample size is so large, and single-family homes aren't taken into account when calculating rental-vacancy rates — McMaken said rental prices in areas close to where the homes burned will probably be driven up.

"I would assume, since most of them are losing their homes in a certain area, they're going to want to be near that in the process of rebuilding," McMaken said. "However, they might have a hard time locating a specific kind of property they need. If they have animals, that means there can be a small amount of properties in demand for the next year or 18 months.
"It's going to have an effect, but it's going to be limited and show up in a limited way in our larger metrowide numbers," McMaken added.

Colorado Daily, August 7

The Colorado Daily did a nice piece on rental in Boulder recently:

Ryan McMaken, of the Colorado Division of Housing, said a survey taken on June 10 revealed a zero vacancy rate for properties in Boulder's campus area -- including rentals between Pearl Street and Baseline running north and south; and Pleasant View Road and Fourth Street going east and west.

"It's pretty rare to see something this low," McMaken said, noting that  Boulder has not had a vacancy rate of zero since at least 1994. 

My 4:40 AM interview with 9News

I did an interview around 5:30 this year with 9News, but this one was the earliest yet: 4:40 AM. When it's that early, they let you do it by phone.

Fortunately, they re-use the footage later because, well, who is up watching the news at this hour?

9News interview on foreclosures: August 2, 2012

Today's 9News interview. Gregg Moss was very kind to have me on again this morning.

http://www.9news.com/video/default.aspx?bctid=1767637374001

AP picks up my foreclosure story today

Some great coverage today of my foreclosure report:

Boulder County has low foreclosure rate

Boulder County Business Report - ‎2 hours ago‎

DENVER - Boulder County had the lowest home foreclosure rate of any metro county in Colorado in the first quarter of 2012, according to a report released Thursday from the Colorado Division of Housing. Boulder County reported a foreclosure rate of one ...

Q2 foreclosure auction sales drop from one year ago

Bizjournals.com - ‎3 hours ago‎

Foreclosure auction sales in Colorado in the second quarter hit their lowest level since 2007, with 3784 completed auctions, down from 5333 in the second quarter last year, according to a report released Thursday by the Colorado Division of Housing.

Colorado Foreclosure Auction Sales Down

CBS Local - ‎4 hours ago‎

According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado Foreclosure Auction Sales Down

KKTV 11 News - ‎4 hours ago‎

DENVER (AP) -- New foreclosure auction sales were down 26 percent in Colorado during the first half of 2012 compared to the first half of 2011. According to a report released Thursday by the Colorado Division of Housing, auction sales during the second ...

Foreclosure-auction sales down 26 percent in Colorado

9NEWS.com - ‎4 hours ago‎

DENVER - The Colorado Division of Housing says auction sales during the second quarter hit the lowest level reported since the Division began compiling foreclosure data five years ago. There were 3784 foreclosure auction sales, or completed foreclosures, ...

Foreclosure auction sales down 26 percent in CO

9NEWS.com - ‎4 hours ago‎

DENVER - The Colorado Division of Housing says auction sales during the second quarter hit the lowest level reported since the Division began compiling foreclosure data five years ago. There were 3784 foreclosure auction sales, or completed foreclosures, ...

Colorado foreclosure auction sales down

KKCO-TV - ‎4 hours ago‎

According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado foreclosure auction sales down

CBS News - ‎5 hours ago‎

According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado foreclosure auction sales down

MSN Money - ‎5 hours ago‎

According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado Foreclosure Auction Sales Down

KMGH Denver - ‎5 hours ago‎

According to a report released by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado foreclosure auction sales down

Ventura County Star - ‎6 hours ago‎

According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado foreclosure auction sales down

Northern Colorado 5 - ‎6 hours ago‎

According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado foreclosure auction sales down

KGWN - ‎6 hours ago‎

According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter hit the lowest level reported since the division began compiling foreclosure data in 2007. There were nearly 3800 foreclosure auction sales, ...

Colorado foreclosure auction sales drop during second quarter

The Republic - ‎6 hours ago‎

DENVER — New foreclosure auction sales were down 26 percent in Colorado during the first half of 2012 compared to the first half of 2011. According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter ...

Foreclosure auction sales down in Colorado

Denver Post - ‎6 hours ago‎

New foreclosure auction sales were down 26 percent in Colorado during the first half of 2012 compared to the first half of 2011. According to a report released Thursday by the Colorado Division of Housing, auction sales during the second quarter of 2012 hit ...

Foreclosure sales fall sharply in area, state

Colorado Springs Gazette - ‎7 hours ago‎

The number of troubled properties in the Pikes Peak region that were auctioned off after falling into foreclosure dropped sharply in the first half of this year, which follows a statewide trend, according to a Colorado Division of Housing report released Thursday.