Jay Parsons | Property Management Insider

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Jay Parsons

Jay Parsons
National Market Analysis Manager, MPF Research
jay.parsons@propertymanagementinsider.com

Jay Parsons is the national market analysis manager for MPF Research. Jay heads up MPF’s market analysis team, which tracks and forecasts apartment trends – as well as the economic and demographic patterns that shape them – across the country down to a neighborhood level. He also oversees the production of the company’s quarterly Apartment Market Reports. Jay also serves as the host of “Apartment Market Dynamics,” MPF’s video news program highlighting apartment market trends in metros of all sizes across the country. He has written articles for industry publications, including Multifamily Executive and Units.

Jay began working for MPF Research in March 2009 as a market analyst before moving into his current role in March 2011. Prior to joining MPF, he worked as a reporter for The Dallas Morning News, where his duties included coverage of local government and economic development. A native of Charlotte, North Carolina, he is a graduate of the University of Maryland. Jay is a member of the DFW Association for Business Economics and the DFW Real Estate Research Forum.

Articles by: Jay Parsons

Image of Independence Hall

Occupancy Rates Linger Below Long-Term Norms in Philadelphia [Video]

With the local economy still very much in recovery, Philadelphia’s apartment market has yet to see occupancy climb back up to normal levels. As a result, rent growth remains limited.

Image of Main Street Bridge in Jacksonville, Florida

Apartment Construction Surges in Jacksonville Despite Weak Fundamentals [Video]

A surge of new apartment construction starts puts Jacksonville among the nation’s most active markets despite ranking among the nation’s worst for both apartment occupancy and rent change levels.

Image of downtown Portland from the water

Portland Apartment Market Continues to Put Up Impressive Numbers [Video]

The headwinds are picking up in Portland – more home sales and more new apartment supply. But those factors haven’t done much to weaken Portland’s strong apartment fundamentals.

Image of downtown Hartford

Connecticut Apartment Market Follows the Northeast Regional Patterns [Video]

The Connecticut apartment market – which includes Hartford, Bridgeport/Stamford/Norwalk, New Haven and Norwich/New London – has put up consistently strong occupancy rates but slowing rent growth levels.

Carolinas Apartment Market Report Q1 2013

After a Very Impressive Surge, Are the Carolinas Apartment Markets Cooling? [Video]

From 2010 to 2012, the Carolinas were home to some of the hottest apartment markets in the country—both large and small—thanks to great demographics, solid job growth, strong apartment demand, and big rent growth. But the story line is beginning to change.

Is Apartment Construction Returning Too Quickly in Phoenix?

Is Apartment Construction Returning Too Quickly in Phoenix? [Video]

Phoenix is showing solid job growth, but still unsteady demand for apartments. As a result, occupancy is climbing – but more due to limited new supply rather than strong demand. And yet, the market saw a flurry of new starts in 1st quarter 2013. What does that mean for the Phoenix apartment market going forward?

Apartment Building in Baltimore

Baltimore Apartment Market Cools Amidst Economic Uncertainty and Rising Construction [Video]

Baltimore was one of the hottest apartment markets in the country in 2010 and 2011, and that led the metro’s biggest wave of new apartment development in more than two decades. But in the last year – ahead of all the new supply completing, apartment fundamental have begun cooling off.

A swimming pool at night in an apartment community in Los Angeles

Apartment Construction Surges in Los Angeles [Video]

Unlike most of the nation, the Los Angeles apartment market has yet to reach a full recovery in rental rates since the recession. However, like most of the nation’s apartment market, Los Angeles is seeing a big surge in new apartment development.

Skyline of Boston During a Rainstorm

Rent Growth Levels Plunge in Boston’s Apartment Market [Video]

Job growth levels have been consistently solid in Boston. And apartment construction levels haven’t further accelerated. And yet, over the past year, rent growth levels have dropped off notably as apartment demand has come in below expectations.

Image of Austin Skyline at Night

Austin Apartment Construction Volume Keeps Climbing [Video]

Construction levels continue to surge in Austin, and yet rent growth levels remain strong. How long can that continue, with so much new supply set to deliver over the next four quarters?

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