Market Intelligence: South Central Q2 Update
With the start of 3rd quarter right around the corner, it's time to revisit early year predictions (and outcomes) for the nation's South Central states of Arkansas, Louisiana, Oklahoma, and Texas. Demand has held firm through the first half of the year, but has supply afforded enough relief for a more stable revenue growth environment to return? And what other key trends are economists and analysts closely monitoring as the summer months hit their peak?
This webcast will deliver a comprehensive look at supply, demand, and performance. Included will be a deep dive into how these markets are evolving and what operators need to know as we move towards peak leasing season.
Key Topics:
- Supply/Demand Fundamentals: Supply is cooling, but headwinds are affecting demand in some of the region’s major metro areas. Is supply easing enough to support stronger performance? And how are macroeconomic demand drivers affecting absorption and accompanying performance metrics?
- Performance Metrics: Review occupancy, rent growth, and renewal trends across major metros. Which metros are leading, which are lagging, and where are we seeing signs of softening (or strengthening)?
Major Metros Included:
- Austin-Round Rock-San Marcos, TX
- College Station-Bryan, TX
- Dallas-Plano-Irving, TX
- Fayetteville-Springdale-Rogers, AR
- Fort Worth-Arlington-Grapevine/Granbury, TX
- Houston-Pasadena-The Woodlands, TX
- Oklahoma City, OK
- San Antonio-New Braunfels, TX
- Tulsa, OK
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.