Market Intelligence: Q1 Texas Update
Texas remains a national leader in population and economic growth, even as 2022 leasing activity showed that this high-demand market was influenced by the nationwide slowdown.
The long-term demand drivers remain excellent in the Lone Star State, but in the near-term, local markets will have to deal with a set of challenges. Can demand match pace with supply levels not seen since the 1980s boom? How is rent growth performing as the gap between renewal leases and new leases marginalizes? Does the state have any red flags as the peak leasing season quickly approaches?
Join RealPage® experts Carl Whitaker and Arben Skivjani for a deep dive into the performance of large and small markets across the state of Texas.
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.
Arben SkivjaniDeputy Chief Economist & Data Scientist, 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.