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Market Intelligence: Q1 Southeast Update

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Market performance across Southeast U.S. multifamily metro areas is quite diverse as we enter the 2024 calendar year.

On the one hand, demand has been strong for some of the largest metros in this eight-state region, although supply is outpacing absorption. Conversely, performance has been more resilient in slower-growth metros, but long-term headwinds may affect investor appetite in the coming years.

What key trends are shaping performance across the Southeastern states in early 2024? And what market movements and metrics should we monitor through the rest of the year in Alabama, Arkansas, Georgia, Kentucky, Louisiana, Mississippi, Tennessee and West Virginia?

Join RealPage market experts as they review Southeast U.S. apartment market fundamentals across more than 35 multifamily markets, including:

  • Atlanta-Sandy Springs-Roswell
  • Augusta-Richmond County
  • Baton Rouge
  • Birmingham-Hoover
  • Chattanooga
  • Columbus
  • Fayetteville-Springdale-Rogers
  • Gulfport-Biloxi-Pascagoula
  • Huntsville
  • Jackson (MS + TN)
  • Johnson City-Kingsport-Bristol
  • Knoxville
  • Lafayette
  • Lexington-Fayette
  • Little Rock-North Little Rock-Conway
  • Louisville-Jefferson County
  • Macon-Warner Robins
  • Memphis
  • Mobile-Daphne
  • Montgomery
  • Nashville-Davidson-Murfreesboro-Franklin
  • New Orleans-Metairie
  • Savannah
  • Shreveport-Bossier City
  • Tuscaloosa

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.

Dustin Weaver

Market Analyst, RealPage, Inc.

Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.

Market Intelligence: Q1 Southeast Update

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Market Intelligence: Q1 Southeast Update

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