Market Intelligence: Q4 Texas Update
The Lone Star State’s rapidly growing economy, coupled with continued inbound migration, leaves little room for long-term doubts when it comes to apartment demand. As a result, Texas remains a highly coveted region for investors, developers and prospective renters.
Much like the rest of the country, however, many major multifamily markets in Texas are experiencing moderation from 2021’s never-before-seen record levels of demand, rent growth and occupancy. With robust supply expected to deliver in the coming quarters, there may be accompanying shifts in supply/demand fundamentals.
Join RealPage® experts Carl Whitaker and Natalie Long as they dive into Texas apartment market fundamentals and share their thoughts on the near-term forecast for the nation’s second-largest state.
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.
Natalie LongDirector of Client Success, Market Analytics, RealPage, Inc.
Natalie Long manages client services for the Market Analytics platform in the RealPage Asset Optimization suite. Natalie focuses on empowering clients and their businesses through the use of macro analytics in apartment fundamentals, forecasts and capital markets. Prior to her role in client services, Natalie spent two years as an analyst in RealPage’s market intelligence division following three years as a senior appraisal analyst for JPMorgan Chase. Natalie holds a bachelor’s degree in communications and a master’s degree in real estate from Texas A&M University.