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Colorado Rental Housing Market Remains Stable, Continually Above National Average for Rent Payments

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Colorado Rental Housing Market Remains Stable, Continually Above National Average for Rent Payments

DENVER (August 30, 2021)—For the first half of 2021, Colorado renters paid their rent at rates higher than the national average – continuing a trend ahead of national rates since the start of the pandemic in April of 2020. In July, 97% of Colorado renters made their payments, compared... Continue Reading

09/1/2021


The CDC has released a new order prohibiting evictions until Oct. 3.

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The CDC has released a new order prohibiting evictions until Oct. 3.

The CDC has released a new order prohibiting evictions until Oct. 3. The order applies to counties with high COVID-19 cases. While the Order is "new," it is essentially an extension of the previous CDC Order that has been in place since September 2020. Continue Reading

08/4/2021


COLORADO APARTMENT ASSOCIATION ANNOUNCES RESPONSE TO SCALING BACK THE 30-DAY NOTICE REQUIREMENT

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COLORADO APARTMENT ASSOCIATION ANNOUNCES RESPONSE TO SCALING BACK THE 30-DAY NOTICE REQUIREMENT

DENVER (July 30, 2021) – Drew Hamrick, senior vice president and general counsel at the Colorado Apartment Association, released a statement in response to the 30-day notice requirement for tenants needing rental assistance. “The Governor's scaling back of the 30-day notice... Continue Reading

08/2/2021


Governor extends 30-day rent demand requirement. What you need to know about the new executive order

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Governor extends 30-day rent demand requirement. What you need to know about the new executive order

Today, Governor Polis announced Executive Order 120, extending for the third time the requirement for landlords to serve 30-day rent demands instead of 10-day rent demands. In addition, the new order keeps EO-110 in effect, which requires landlords to serve the DOLA FAQs with every type of... Continue Reading

07/2/2021


Rent Payments Remain High in Colorado at 97.9%

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Rent Payments Remain High in Colorado at 97.9%

Colorado’s rent collection rate 0.9 percentage points higher than the national rate DENVER (June 10, 2021) – Colorado’s rent collection rate was 97.9% as of May 27, 2021, which is 1.1% higher than rent collections from the previous year, with a 96.8% rate recorded in May... Continue Reading

06/10/2021


Governor Extends 30-day Rent Demands Through June 30 and Adds New Requirement

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Governor Extends 30-day Rent Demands Through June 30 and Adds New Requirement

On Tuesday, June 1, 2021, Governor Polis signed EO 110, which extends the previous EO 88 and EO 105 for another 30 days. This means that between now and July 1, landlords must keep serving 30-day rent demands instead of 10-day rent demands. There is also a new requirement that before an eviction... Continue Reading

by Mark Tschetter
06/3/2021


Rent Payments Remain High in Colorado at 96.7%

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Rent Payments Remain High in Colorado at 96.7%

Colorado’s rent collection rate 1.7 percentage points higher than the national rate Continue Reading

05/21/2021


Rent Payments Remain High in Colorado at 98%

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Rent Payments Remain High in Colorado at 98%

Reopening economy offers hope as employees and employers begin to recover from pandemic crisis Continue Reading

04/5/2021


Explaining the Breakdown of One Dollar of Rent

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Explaining the Breakdown of One Dollar of Rent

There exists a misconception that rental housing owners enjoy large margins and can continue operating in the absence of rent payments, and with so much discussion around rents during COVID-19, the National Apartment Association (NAA) has released resources that help explain the breakdown of $1 of... Continue Reading

04/5/2021


CDC Extends Nationwide Eviction Moratorium With Modifications

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CDC Extends Nationwide Eviction Moratorium With Modifications

On March 29, the U.S. Centers for Disease Control and Prevention (CDC) extended its federal eviction moratorium order through June 30, 2021. The announcement included some modifications, while the core elements of the order remain in effect. The extension takes effect April 1, and updated FAQs... Continue Reading

03/29/2021


February Rent Collections Nearly 1.5% Higher Than National Rate

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February Rent Collections Nearly 1.5% Higher Than National Rate

Colorado’s rent collection rate was 95% as of Feb. 27, with a gap of only 1.8 percentage points from the February 2020 rate of 96.8%, according to data analytics firm RealPage. Colorado has outperformed national rates since tracking rental payments began in April 2020, with Colorado... Continue Reading

03/10/2021


January Rent Collections Remain High, 4.9% Above National Average

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January Rent Collections Remain High, 4.9% Above National Average

Colorado’s rent collection rate was 93.5% as of Jan. 20, with a gap of only 2.3 percentage points from the January 2020 rate of 95.8%, according to data analytics firm RealPage. Colorado rent payments have outperformed national rent payments in every month since tracking the numbers... Continue Reading

01/28/2021