Series: Market Update
Up Close and Local: Tampa Bay - St. Petersburg Market Update
How sunny is the outlook for Tampa – St Petersburg?
The Tampa-St Petersburg area and other Florida metros are posting some of the country’s most impressive population and job growth figures. As a result, the demand for apartments is very strong — and so is the current level of construction activity.
What does this mean for the area’s leasing environment? Is growth outpacing new construction? Is new construction outpacing growth? Or, have they managed to strike a favorable balance between the two?
Join RealPage experts Greg Willett and Adam Couch for an examination of Tampa – St Petersburg apartment performance metrics and the metro’s near-term outlook.
- Occupancy and rent growth levels
- Construction patterns in total and by neighborhood
- Property sales and pricing
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 with RealPage’s Data Analytics division. Prior to joining Realpage, Adam worked in the foreign exchange and futures industry where he focused specifically in capital markets. He graduated from the University of North Texas with a degree in Finance and was a part of the Student Investment Group. Adam has traveled extensively throughout China where he studied international policy and its impact on macroeconomics.