by Harbor Stone Advisors | Sep 9, 2024 | Insights, Research
As the Federal Reserve signals a likely interest rate cut in its upcoming meeting on September 18th, multifamily investors have reasons to be optimistic. After a period of aggressive rate hikes to combat decades-high inflation, the Fed’s shift in policy could...
by Harbor Stone Advisors | Aug 23, 2024 | Insights, Research
Towson is the largest and most populous city in Baltimore County, continuing to see steady population growth thanks to the sustained expansion of major institutions such as Towson University, GBMC HealthCare, the University of Maryland St. Joseph Medical Center, and...
by Harbor Stone Advisors | Aug 15, 2024 | Insights, Research
Several large multifamily projects initiated during the pandemic’s low interest rates are now completed, contributing to sustained high levels of apartment deliveries last year and throughout 2024. Over 3,200 new units have been delivered this year, with 2,500...
by Harbor Stone Advisors | Aug 9, 2024 | Insights, Research
The Baltimore MSA multifamily market has experienced a surge in renter demand in 2024, with a notably strong second quarter. First-half absorption totaled 2,574 units, the sixth highest since 2000. This high absorption is driven by increased consumer confidence,...
by Harbor Stone Advisors | Apr 4, 2024 | Insights, Research
Consumer spending patterns have undergone significant transformations since the beginning of the pandemic, with specific retail sectors, such as restaurants, experiencing notable expansions. Retail establishments in the food and beverage industry constituted nearly...
by Harbor Stone Advisors | Mar 22, 2024 | Insights, Research
Frederick County’s population is growing quickly, faster than any other county in Maryland, according to new Census Bureau estimates. Frederick’s population has grown by roughly 2% annually since 2010, outpacing all counties in Maryland. In 2023, Frederick added...
