Series: Market Update
Up Close and Local: Austin Market Update
Austin is popular among apartment investors who are big fans of the market’s economy, cost-of-living relative to coast tech hubs, and desirable renter profile. While rental housing demand is strong, inventory growth reaches one of the more aggressive levels seen across the nation. Deliveries have outpaced absorption of late, leading to some deterioration in occupancy and rent achievement.
Join RealPage Chief Economist Greg Willett and Market Analyst Adam Couch for a conversation about the metro’s key apartment performance stats and anticipated outlook over the near term.
Discussion topics include:
- Austin construction trends and investment activity
- Composition of the metro economy and patterns in job production
- Neighborhood-level opportunities and challenges
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Adam CouchMarket Analyst, RealPage, Inc.
Adam Couch is a Market Analyst for RealPage, Inc. He is the co-host of RealPage’s weekly market webcasts that feature analysis and insights on macro and micro level trends shaping national and local apartment performance. Adam also has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets.
He received his bachelor’s degree in finance from the University of North Texas. Adam was also a part of the Student Investment Group and travelled extensively throughout China, where he studied international policy and its impact on macroeconomics.