Market Intelligence: Q2 Texas Update
Now Available On Demand
Join RealPage® multifamily market experts Carl Whitaker and Dan Sindelar for an interactive and timely update on apartment market fundamentals in the Lone Star State.
Texas’ rental housing market has been red-hot for well over a year now, fueled by significant population growth and a statewide economy that has recovered more quickly than many other parts of the nation.
Many Texas markets didn’t see as much of a slowdown during the winter months either, indicating the state’s largest metros, in particular, could be in position to jump to the top of the nation’s performance leaderboard. Although demand remains incredibly strong in many parts of the state, new construction remains a key storyline as well.
Will new deliveries be enough to impact local performance, particularly among existing Class A product, in the Texas metros? Or will demand keep pace? Additional discussion topics will include commentary on urban/suburban fundamentals, revenue growth and, perhaps most importantly, some commentary on the near-term forecast.
Markets included in this educational update are:
- Beaumont/Port Arthur
- College Station
- Corpus Christi
- Dallas/Fort Worth
- El Paso
- San Antonio
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.
Dan SindelarMarket Analyst, RealPage, Inc.
Dan Sindelar is a Market Analyst for RealPage, Inc., where he focuses on conventional apartment market analysis, research and data methodology. Dan leverages his background in REIT and institutional investor client services to allow for easier consumption and application of data insights and analysis. Prior to joining RealPage, Dan worked as a leasing consultant and an assistant property manager at a national apartment investment and management company. Dan is a native of Chicago and received his bachelor’s degree in sociology from the University of Iowa.