Market Intelligence: South Atlantic Q4 Update
Recent performance trends across the nation's South Atlantic region vary from demand-side shocks (particularly in Washington, DC, and Baltimore) to supply-side pressures (particularly in Charlotte, Raleigh, and Richmond). Still, despite pressure on both sides throughout much of 2025 and 2026, the region appears to be finally turning a corner with improving (though still relatively modest) performance as supply and demand pressures concurrently ease. Still, as is the case with the broader nation, local trends vary significantly based on submarket and even asset class.
What does the demand hold in store for the hard-hit Mid-Atlantic region going into 2027? Can demand hold up against cooling (though still elevated) supply pressure in the Carolinas? And how does the 2027 supply/demand outlook coalesce for markets across the South Atlantic region?
Join Realpage. market experts as they offer their insights into the most recent data update, including a forecast update for 2027 and beyond for markets across North Carolina and up through the Mid-Atlantic states of Virginia and Maryland (plus D.C.).
Major markets included:
- Baltimore-Columbia-Towson, MD
- Charlotte-Concord-Gastonia, NC-SC
- Greensboro-High Point/Winston-Salem/Burlington, NC
- Raleigh/Durham, NC
- Richmond, VA
- Virginia Beach-Chesapeake-Norfolk, VA-NC
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Wilmington, NC
Minor markets (shorter show) included:
- Asheville/Waynesville, NC
- Blacksburg-Christiansburg-Radford, VA
- Charlottesville, VA
- Roanoke, VA
- Fayetteville, NC
- Greenville, NC
- Salisbury/Seaford/Ocean Pines, MD-DE
Carl Whitaker is RealPage’s Chief Economist, leading the company's team of economists and market analysts. Carl and the Market Intelligence team specialize in analyzing and disseminating economic and market trends for the rental housing industry. He primarily focuses on presenting trends in the rental housing industry to a wide audience, including investors, asset managers, operations professionals and media, among other personas. Carl has been cited in the Wall Street Journal, Bloomberg and GlobeSt and is a frequent keynote speaker for industry events. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.
Arben Skivjani
Deputy 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.
