Market Intelligence: Small Markets Outlook for 2023
Now Available On Demand
While the nation’s largest multifamily metros garner the lion’s share of attention, smaller markets are gaining interest as owners, operators, investors and developers look for the next big thing.
Opportunity in smaller regional markets is out there, but there is also the potential for large downside risk. There is no true one-size-fits-all approach to finding small markets with big opportunity. As such, this discussion will cover the key trends to monitor – both for upside potential and downside risk – among these small market profiles.
Join RealPage® experts in this lively discussion. Themes include:
- Small markets ripe for opportunity
- Small markets with long-term staying power
- Capital markets overview for small metros
- Factors that inform markets with potentially larger downside risk
- Update on development in small markets, and the impact of development on the 2023 forecast
Multifamily metros in this update include:
- Albuquerque, NM
- Asheville, NC
- Des Moines, IA
- Fayetteville, AR
- Greenville, SC
- Lakeland, FL
- Madison, WI
- Manchester, NH
- Savannah, GA
- Sioux Falls, SD
- Tucson, AZ
- Wilmington, NC
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.
Arben SkivjaniDeputy Chief Economist and Director of Forecasting, RealPage, Inc.
Arben Skivjani serves as a Deputy Chief Economist and Data Scientist for RealPage, Inc. His primary focus is on forecasting and econometric modeling, economic impact studies, reporting and analysis of macroeconomic trends that affect the multifamily industry. Prior to joining RealPage, Arben worked for several government and private sector entities, including the District of Columbia Department of Employment Services, Center for Business and Economic Development at the University of Alabama and Camoin Associates in Upstate New York.
Arben is heavily involved in the Dallas/Fort Worth Association for Business Economics where he currently serves as Vice President and is a member the National Association for Business Economics.
Arben holds a master’s degree in economics from The University of Alabama.