by Harbor Stone Advisors | Mar 28, 2025 | Market Research, Research
Pictured: Havre De Grace Waterfront in Harford County, MD Key Takeaways: • Investment Activity Reaches Decade High Multifamily investment surged in 2024, with over $135 million in transaction volume—the highest in more than 10 years. Investors remain focused on...
by Harbor Stone Advisors | Mar 24, 2025 | Insights, Research
Baltimore City’s total population increased for the first time in over a decade, adding more than 750 residents in 2024, according to recent data from the U.S. Census Bureau. Domestic migration—or residents leaving the city—slowed significantly. This trend is likely...
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 | Feb 6, 2025 | Insights, Research
Baltimore’s multifamily construction landscape is undergoing a significant shift. While the metro has seen steady apartment development over the past few years, the number of permitted projects has dropped by 40% in 2024, signaling a slowdown in future supply. At the...
by Harbor Stone Advisors | Jan 30, 2025 | Insights, Research
As we enter 2025, Baltimore’s multifamily market continues its resilience in the face of record levels of new supply and a volatile bond market. Multifamily absorption has outperformed, with 2024 being the second-best year since 2000. This demand is supported by...
