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State of the Local Multifamily Market
A 2023 Recap and 2024 Preview
Thursday, January 18, 2024
10:00 AM - 11:00 AM (EST)
Zoom Meeting Link
Event Details
Join us for an insightful session led by Mike Cobb, Jr., Director of Market Analytics at CoStar Group. Discover the future of the multifamily rental market in Washington, DC, Northern Virginia and Maryland in 2024.
During this webinar, we will delve into the following crucial topics:
- Market Trends in 2024: Gain valuable insights into the multifamily rental market's upcoming trends, including projections on vacancy rates, rental prices, and overall market health.
- Supply and Demand Dynamics: Get a comprehensive analysis of the delicate balance between housing supply and demand in the region. We'll examine potential shortages or surpluses of rental units and how these factors may impact rental prices in 2024.
- Investor and Lender Sentiment: Gain insights into the perspectives of real estate investors and lenders, and understand how their outlook may shape the market in 2024. Discover the factors influencing their investment decisions and their confidence in the market.
- Ongoing Impact of the Pandemic: Explore how the COVID-19 pandemic has reshaped the rental market and what lasting changes are expected. Understand the influence of remote work trends, evolving tenant preferences, and the resilience of the market.
Don't miss this opportunity to stay ahead in the real estate market.
Registration Fees:
PMA Member: FREE
Nonmember: $50
For More Information:
About the Instructor:
Mike Cobb Jr., is Director, Market Analytics at CoStar Group. In his role, he identifies analytical trends throughout several Mid-Atlantic and Southeast metros, authoring written market and submarket reports for the CoStar Market Analytics platform.
Mike presents on market conditions to industry participants of all types, providing specific granular analysis down to the site level. He also works with local and regional news sources and has been quoted in publications throughout the country such as the Dallas Morning News, the Houston Chronicle, and the Richmond Times-Dispatch.
Cobb holds a bachelor’s degree from the University of Delaware and has been with CoStar for nine years.