As summer continues to heat up across the country, so does the nation's apartment market. The past few months have shown the industry is in truly unprecedented times with demand from renters and investors at all-time highs.
But there are emerging headwinds: With occupancy holding at record levels, absorption capacity is hitting a ceiling. Rent growth remains robust but many are wondering if a peak level has been reached. And investment activity ― while supported by excellent performance fundamentals ― has its own set of questions, including pricing challenges and quickly tightening interest rates. Lastly, there appears to be a disconnect between economic performance and near-term economic expectations with many fearing a near-term economic downturn.
Join RealPage® multifamily market experts Jay Parsons and Carl Whitaker for their insights on these themes ― and more ― through this interactive and lively discussion. Gain further clarity and perspective into investment and operations strategies for the second half of 2022 and a quickly approaching 2023.
Jay Parsons serves as Senior Vice President, Chief Economist for RealPage, leading the Economist and Industry Principal teams to provide deep insights on market trends and consumer behaviors. He is a frequent author and industry speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management.
Jay has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, and The New York Times, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron's, the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.
Carl Whitaker
Senior Director of Research & Analysis, 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.
