by Harbor Stone Advisors | Jan 17, 2024 | Insights, Research
Multifamily investment in Baltimore is expected to increase in 2024, as a stable interest rate environment should push more deals to the finish line. The Federal Reserve has indicated multiple rate cuts are on the docket for this year and even more in 2025, thanks to...
by Harbor Stone Advisors | Jan 11, 2024 | Insights, Research
In 2023, the U.S. witnessed a historic surge in multifamily deliveries, with over 570,000 units completed, marking the highest annual total on record, according to CoStar data. This influx represents a notable inventory increase of over 3%, whereas Baltimore’s...
by Harbor Stone Advisors | Dec 8, 2023 | Insights, Research
The landscape of today’s economy has led property owners and prospective buyers to explore alternative avenues like seller financing and assumable debt. Sellers with limited to no debt on assets can make a 1st position loan, which is much less risky than 2nd position....
by Harbor Stone Advisors | Nov 3, 2023 | Insights, Research
An Update on Baltimore County’s Multifamily Market Multifamily Market in Minutes Multifamily Market in Minutes is a brief overview of key trends and figures related to commercial investments in Baltimore. Three figures to know thus far in 2023 are: $172.6...
by Harbor Stone Advisors | Oct 27, 2023 | Insights, Research
Baltimore’s Central Business District saw increased leasing in 2022 thanks to the relocation of 12 state agencies. Despite this rebound, office vacancies in the CBD remain near record highs at 18.2%, according to CoStar data. Several marquee tenants in downtown...
by Harbor Stone Advisors | Oct 13, 2023 | Insights, Research
Many renters will likely have no option but to continue renting as the single-family housing market softens nationwide. With mortgage rates at 20-year highs and low inventory levels, mortgage applications have fallen to the lowest level in over three decades. This...
