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...
by Harbor Stone Advisors | Mar 8, 2024 | Insights, Research
Since last spring, renter demand for multifamily properties in Baltimore has posted four straight quarters of positive absorption. Rising consumer sentiment and steady job growth have allowed many to return to the renting pool. Elevated rent growth in 2022 caused a...
by Harbor Stone Advisors | Feb 23, 2024 | Insights, Research
Maryland is home to several leading institutions in the tech space. Developments in 2023 promise further growth in the region through 2024 and beyond, including thousands of new jobs and millions in federal funding. University of Maryland Bio Park Left: 4MLK, a new...
by Harbor Stone Advisors | Feb 16, 2024 | Insights, Research
Multifamily completions picked up nationwide in 2023, with more than 570,000 units opening their doors. However, Mid-Atlantic markets experienced fewer deliveries than many parts of the country, mainly in the South. A handful of neighborhoods in Baltimore and D.C....
