Series: Market Update
Up Close and Local: South Florida Market Update
As South Florida rebounds, will apartment demand cool?
In late 2017 and early 2018, hurricane after-effects boosted apartment sector performance in key Florida and Texas metros. Now, the metrics are beginning to cool. Is that performance pattern registering for Miami, Fort Lauderdale and West Palm Beach? Join RealPage experts Greg Willett and Adam Couch as they compare and contrast the shifts in these three metros and across the region’s individual neighborhoods.
- The economy and other apartment demand influences
- Local renter profiles, current occupancy and rent growth trends
- Near-term demand – examining indicators such as job growth, income growth and homeownership rate
- Ongoing construction and near-term delivery
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.
Greg WillettChief Economist, RealPage, Inc.
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.