A recent influx of oil and gas workers as well as foreclosures could be putting pressure on apartments CO.
Managers of apartments in CO have waiting lists and show apartments in groups because the demand is so high.
“I can put an ad in Craig’s List and I have so many people who want to see it, I’m overwhelmed,” said Jana Pickett, a property manager with Scott Realty. “They go at the snap of a finger. I have zero one bedrooms in apartment (complexes). If it’s cheap it goes really quick, and two bedrooms go quick. They’re fighting over them.”
Colorado Apartment Association expects to see a lot of new apartment construction because of this according to the folks at https://www.greeleytribune.com/article/20110625/NEWS/706259928/1002&parentprofile=1001.
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