Market Intelligence: Q1 Southeast Update & 2025 Outlook
The Southeast region of the U.S. features several states – such as Georgia, North Carolina, Tennessee and South Carolina – and key metro areas that have seen significant population growth in recent years. In response to these local economic and population booms, there has been a swell in new home supply to meet the needs of the growing population. And while demand in these areas remains good – if not overall excellent – the volume of new supply and the pace at which it is delivering has hampered income growth across most of those states' key metro areas.
On the other hand, limited economic and population growth has resulted in far less new supply delivery in states such as Kentucky, Louisiana and Mississippi, as well as in parts of Alabama and Arkansas.
Join RealPage® experts as they review recent performance stats for the Southeastern U.S. region's key metro areas and share quantitative and qualitative expectations for the 2025 calendar year. Topics include:
- Principal regional themes that characterize the Southeast region's current apartment market landscape
- An overview of supply/demand fundamentals – what's driving demand, and how much demand is needed to keep pace with supply
- How local markets are performing regarding rent growth, occupancy and resident retention
- The near-term (12 to 18-month) outlook for this region's metro areas
States included in this market update include:
- Alabama
- Arkansas
- Georgia
- Kentucky
- Louisiana
- Mississippi
- North Carolina
- South Carolina
- Tennessee
Meggan Taylor is a Market Analyst for RealPage, Inc., where she applies her background in technology, business intelligence and data analytics to deliver in-depth research and analysis on multifamily performance and forecasts. Prior to joining RealPage, Meggan worked in market research and feasibility analysis for conventional multifamily and mixed-use developments.
Meggan received a bachelor’s degree in information systems from the University of Texas at Arlington, and master’s degrees in information technology and business administration from the University of Texas at Dallas.
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.
