6 in q2 2011 the industrial vacancy rate fell from

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Unformatted text preview: r. Year-to-year comparisons of the office vacancy rate for the Boulder-Longmont market show an increase from 11.4% in Q2 2010 to 13.6% in Q2 2011. The industrial vacancy rate fell from 12.7% to 11.8% during the same period. Submarkets varied, with higher vacancy rates in the City of Longmont (Q2 2011 office, 16.8%; warehouse, 12.6%; R&D/flex, 24.7%) than in the City of Boulder (Q2 2011 office, 13.3%; warehouse, 7.5%; R&D/flex, 8.6%). Residential real estate activity fell over the past year. The number of single-family homes sold in Boulder County for the 12 months ending in September 2011 was 6% lower than the same period in 2010. The number of single-family homes sold decreased in the cities of Boulder (5.8%), Longmont (11.8%), Lafayette (4.3%), and Erie (16.5%), while sales activity increased in Louisville (1.6%) and Superior (2.8%). Home values have continued to slide, although at a lower rate than many other areas. The Federal Housing Finance Agency house price index for Boulder County decl...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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