Market Intelligence: Q2 Florida Update
Florida multifamily markets have been some of the hardest hit in recent months as revenue growth has sharply slowed. Despite this slowdown, apartment demand across the Sunshine State appears to be generally favorable.
As we go into peak leasing season:
- Are local markets near their performance trough?
- Will the impact of intense supply pressure continue to hold back NOI growth amid an environment of stubbornly high expense growth?
Join RealPage® experts as they share their insights into how Florida’s apartment market landscape is shaping up as we move into summer leasing months.
Multifamily markets featured in this discussion include:
- Cape Coral-Fort Myers
- Crestview
- Deltona-Daytona Beach
- Fort Lauderdale
- Gainesville
- Jacksonville
- Lakeland
- Miami
- Naples
- North Port (Sarasota)
- Orlando
- Palm Bay
- Pensacola
- Port St. Lucie
- Tallahassee
- Tampa
- West Palm Beach
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.
Adam Couch
Market Analyst, RealPage, Inc.Adam Couch is a Market Analyst and has extensive experience in researching economic and demographic trends that support clients in their investment decisions. Adam has been a featured speaker at several multifamily housing industry conferences and regularly provides commentary for national and local business media. Prior to joining RealPage, Adam worked at Fannie Mae advising leadership on risk management for current pricing and acquisitions.