Series: Market Update
Market Intelligence: Mountains/Desert Region Update
Join industry-leading economists for a discussion on key apartment performance indicators for markets from the Southwest desert in Arizona and Nevada through the Rocky Mountain states of Colorado, Utah and Idaho.
Many of these markets saw lots of inbound migration from coastal markets throughout 2020, driving solid market fundamentals.
Still, states like Idaho and Utah have seen the fastest economic rebound — these are the only two states that sit above pre-pandemic employment levels — further boosting rent growth and occupancy readings.
Meanwhile, Arizona markets like Phoenix and Tucson have emerged as some of the nation’s standout performers. Developers have keyed in on several metros in this region that may result in moderating longer-term performance.
Markets covered in this new and improved, interactive webcast include:
- Colorado Springs
- Fort Collins
- Las Vegas
- Salt Lake City
Jay Parsons is RealPage’s Deputy Chief Economist and Vice President of Asset Optimization. Jay has been in the multifamily housing industry for more than a decade, and works across market research and forecasting, revenue management, business intelligence, as well as multi-dimensional optimization across pricing, marketing, leasing and risk management. He has provided commentary on CNBC and in the Wall Street Journal. His writings and research have been published by the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker, GlobeSt and Multifamily Executive. Jay is also a frequent speaker at events and conference, including the National Multifamily Housing Council, NAIOP, NAA and ULI.
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.