A Look Back at 2020 Market Update
We’re at the end of a year like no other for the nation’s apartment market. A global pandemic led many of us to batten down the hatches and the longest economic expansion in the country’s history came to an abrupt halt. Let’s recap big-picture trends for the apartment sector and assess some of the comparative winners and losers seen when the world turned upside down.
Join RealPage experts for highlights of where we stand and a little discussion of where we’re likely to go from here.
Discussion topics include:
- Demand leaders and laggards
- Occupancy haves and have-nots
- Rent change overall and by product niche
- Urban core versus suburban performances
- Rent concession patterns
- Construction volumes
- Sales velocity
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.
Carl WhitakerDirector of Research & Analysis, Market Analytics, RealPage, Inc.
Carl Whitaker is a Real Estate Economist with RealPage’s Data Analytics division. At RealPage, Carl has specialized in creating industry presentations, market and submarket trend reports and crafting ways in which data can be more easily consumed and leveraged by clients. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.
Jay ParsonsDeputy Chief Economist / VP Asset Optimization & Renter Engagement, RealPage, Inc.
Jay Parsons serves as RealPage’s Deputy Chief Economist and Vice President of Asset Optimization and Renter Engagement. He is a frequent author and speaker on topics including rental housing investment and asset management strategy, rental housing policy issues, risk management and property management – covering apartments and single-family rentals. Jay has been cited in The Wall Street Journal, Bloomberg and CNBC, among other outlets. His commentaries have been published by the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.