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Old 02-16-2012, 02:19 PM
 
1 posts, read 2,410 times
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I am looking to move to the uptown area and am wondering if prices actually go up in the summer. I always assumed that it would but am now questioning it. If more leases expire in the summer then there is more supply of apartments. Sure there is more demand due to tenants looking for new apartments, but the influx of vacant apartments should offset that. Does anyone know prices actually goes up for the summer? Should i attempt to rent an apartment now or wait for good deals over the summer?
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Old 02-16-2012, 04:58 PM
 
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From what I have heard and seen, they vary with occupancy rates. In a couple of cases I know of the variation year to year has been dramatic (both up and down).
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Old 02-16-2012, 06:01 PM
 
Location: Ken Caryl, CO
686 posts, read 2,437,464 times
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Quote:
Originally Posted by hckyplyr000 View Post
I am looking to move to the uptown area and am wondering if prices actually go up in the summer. I always assumed that it would but am now questioning it. If more leases expire in the summer then there is more supply of apartments. Sure there is more demand due to tenants looking for new apartments, but the influx of vacant apartments should offset that. Does anyone know prices actually goes up for the summer? Should i attempt to rent an apartment now or wait for good deals over the summer?
I think it depends on a combination of things. Vacancies being one big reason. Also, where I am at, I was told the rates would go up just before Summer and that the rates are usually lower in Winter months when not that many people are moving. Could be that places are competing for the fewer people looking during slow months.
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