Series: Market Update
Up Close and Local: Phoenix Market
During recent years, Phoenix has ranked among the country’s apartment rent growth leaders. That momentum in pricing had registered despite the considerable volumes of new supply added in the marketplace.
Did COVID-19 have a big impact on apartment performances, or did the local economy hold up to continue to fuel housing demand? Furthermore, will Phoenix continue to be a favorite for apartment investment capital deployment?
Join RealPage experts Greg Willett and Arben Skivjani for an examination of whether Phoenix can stay near the top of the charts nationally during the near term.
Discussion topics include:
- Phoenix’s economy, the condition of the for-sale housing market, and other influences on apartment demand
- Apartment property sales volumes and pricing velocity
- Performance stand-outs on the neighborhood level
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.
Arben SkivjaniEconomist & Data Scientist, RealPage, Inc.
Arben Skivjani is an Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and modeling, economic impact studies, reporting and analysis of macroeconomic indicators that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York. As a native of Kosovo, Arben worked on several projects for the United Nations World Health Organization and the European Agency for Reconstruction in Southeastern Europe.
Arben is an active member the Dallas/Fort Worth Association for Business Economics and the National Association for Business Economics and served as a vice president and board member Alabama Economics Club.
Arben graduated with a bachelor’s degree in business administration from Auburn University at Montgomery and a master’s degree in economics from The University of Alabama.