Denver Rent Is Tripling The National Average

Dated: 03/31/2015

Views: 614

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Recently, there was an article written in the Denver Post Newspaper about a resident who had been renting the same Denver area apartment for 13 years and is now being forced out due to an astronomical rent increase. Her rent doubled, seemingly overnight! Average rent for a two bedroom apartment in the Denver Metro area  is $1,390.00 per month and  is tripling the national average in rent cost, according to Apartment List, a San Francisco based real estate research company. Currently, demand is high and availability is low, which puts us right on track to continue this upward trend of price hikes. I can't imagine being in a situation where I can either pay double my rent or move out in 30 days. It just doesn't seem fair, but the truth is, it's perfectly legal. I know if I were renting and I was hearing reports such as these, I would be doing my due diligence on how to keep myself from being put into a position of having to choose from two options, that are just so unrealistic. I am about to give you a third option, home ownership. It can't be done on a whim and it may take a little preparation, but I will tell you, in the long run the sense of stability you will feel knowing that your home can't be pulled out from underneath you and the cost you pay month to month is stable. The money you pay on your mortgage is going towards YOU and your family. Not towards someone else's investment.  You are not only giving yourself stability, but also investing in your future. Stop making excuses! You don't have credit? You have bad credit? Give me a call, we can get you in touch with a lender that will help you get on the right path to help build or repair credit, putting you on the path to becoming a homeowner. 

As always, I am here to help! If you are interested in buying or selling, I am here to answer all your questions, walk you step by step through the real estate process and make sure you're taken care of, every step of the way!

Shane Kuntz
Associate Broker
Exit Realty Cherry Creek

With over 38 years of family experience in real estate, I am familiar with every Colorado neighborhood you can imagine, from Arvada, Aurora, Bailey, Brighton, Bennett, Berthoud, Blackhawk, Boulder, Broomfield, Centennial, Cherry Creek, Commerce City , Central City, Conifer, Dacono, Denver, Evergreen, Firestone, Ft. Collins, Ft. Morgan, Golden, Greeley, Greenwood Village, Johnstown, Lakewood, Lochbuie, Longmont, Loveland, Milliken, Northglenn, Parker, Strasburg, Thornton, Windsor, Stapleton, Green Valley Ranch, Reunion, Todd Creek Farms, West Woods, Cherry Hills, The Highlands, LoHi,Adams County, Arapahoe County, Boulder County, Broomfield County, Denver County, Douglas County, Gilpin County, Jefferson County, Larimer County, Weld County and everywhere in between!

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Sheryll White

As a Full Time real estate agent for the past 23 years, Sheryll has helped hundreds of home owners in Colorado buy and sell their homes. Sheryll's easy going, no pressure style and her in depth knowl....

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