Region’s apartment vacancy rates creep up
“For Rent” signs are popping up all over Greeley and Fort Collins, and in some cases staying up longer than in recent history. So far, however, no one has hit the panic button as vacancy rates, once 1 percent to 2 percent or less, rise to the 4 percent to 7 percent range.And as developers erect more rental units, some wonder how it will affect the softening rental market in the long run.
In Greeley, there is a discrepancy on what the actual vacancy rate is. A report released in February by the Colorado Division…
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