Market Intelligence: Q2 Mountains/Desert Region Update
Join RealPage® market experts Carl Whitaker and Meggan Taylor for a glimpse into apartment market fundamentals among the nation’s Rocky Mountain and Desert Southwest metros.
Once largely an afterthought among major industry personas, the Rocky Mountain/Desert Southwest region has become an oasis for both renters and investment capital as challenges among West Coast peer markets have increased over the past 12-24 months.
Although many of these markets are small compared to major population centers like Los Angeles, San Francisco Bay Area and Seattle, a relatively large influx of new residents has boosted performance — and investment — in the region like never before.
Questions surrounding the longer-term viability of these markets persist, however. Can these markets keep attracting population growth, or will there be an outflow of residents back into West Coast states? Additionally, how much new supply can be supported in a pocket of the country that was hit hard during the Great Recession of 2008-2009?
Markets covered in this educational update include:
- Boise City
- Colorado Springs
- Fort Collins
- Las Vegas
- Salt Lake City
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.
Meggan TaylorMarket Analyst, RealPage, Inc.
Meggan Taylor is a Market Analyst for RealPage, Inc., where she applies her background in technology, business intelligence and data analytics to deliver in-depth research and analysis on multifamily performance and forecasts. Prior to joining RealPage, Meggan worked in market research and feasibility analysis for conventional multifamily and mixed-use developments.
Meggan received a bachelor’s degree in information systems from the University of Texas at Arlington, and master’s degrees in information technology and business administration from the University of Texas at Dallas.