Market Intelligence: Q3 West Coast Update
The West Coast region hasn’t experienced the multifamily supply surge occurring in other parts of the nation over the past few years. At the same time, demand drivers have faced challenges as the population continues declining and so many residents relocate to more affordable parts of the country.
Rent growth has shown signs of stabilization over the past few quarters but remains stagnant. Occupancy in the West Coast region, which has historically performed well, recently hit the lowest level since the end of the Great Financial Crisis. Investment deals have also been more difficult to pencil in as the cost of capital remains consistently elevated for one of the most expensive regions in the U.S.
Join RealPage® market experts for an in-depth look at key apartment performance indicators and the near-term outlook for West Coast rental metros.
Markets covered in this new and improved interactive webcast include:
- Los Angeles
- Seattle
- San Diego
- Anaheim
- San Francisco
- Portland
- Oakland
- Riverside
- San Jose
- Sacramento
- Tacoma
- Fresno
- Vallejo
- Spokane
- Oxnard
- Santa Rosa
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.
Dustin Weaver
Market Analyst, RealPage, Inc.Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.
