by Harbor Stone Advisors | Mar 14, 2025 | Market Research, Research
Key Takeaways: • Baltimore City Multifamily Sales Rebound Multifamily sales in Baltimore City surged past $460 million in 2024, marking the third-highest transaction volume of the past decade. Investor confidence has returned as rent growth stabilizes and vacancy...
by Harbor Stone Advisors | Feb 14, 2025 | Market Research, Research
Key Takeaways: Despite elevated new deliveries in 2024, strong renter demand has stabilized vacancy rates, allowing landlords to push rents, with rent growth expected to accelerate through 2025. Multifamily development in the Baltimore Metro is slowing due to...
by Harbor Stone Advisors | Sep 13, 2024 | Market Research, Research
Key Takeaways: Baltimore County’s multifamily market is experiencing low construction activity, with just under 240 units delivered since 2022. This trend is expected to persist in the near term, as elevated interest rates and stringent lending conditions have slowed...
by Harbor Stone Advisors | Aug 2, 2024 | Market Research, Research
Key Takeaways: – In the first half of 2024, there was a significant increase in multifamily demand in Baltimore City. The labor market, demonstrating resilience, fueled this surge in renter demand at the beginning of the year. The city’s unemployment rate is...
by Harbor Stone Advisors | Mar 15, 2024 | Market Research, Research
Key Takeaways: – Western Maryland experienced a significant slowdown in multifamily investment activity in 2023, with total sales volume reaching just over $35 million. Between 2014 and 2022, these regions consistently contributed over $200 million annually in...
by Harbor Stone Advisors | Mar 1, 2024 | Market Research, Research
Key Takeaways: – Multifamily deal velocity dropped by roughly 70% year-over-year in Southern Suburban Maryland due to a volatile economic environment with several rate increases by the Federal Reserve. – The 10-year treasury rate has remained at 4.3% or...
