Vacancies for multifamily properties in Suburban Maryland* have slightly decreased throughout the first three quarters of 2024. Vacancies have expanded during peak inflation for the past two years, impacting apartment renter demand. However, demand for apartments...

Image generated by AI: Baltimore Home in Guilford Neighborhood  Harbor Stone Advisors is embracing the future of commercial real estate by integrating artificial intelligence (AI) into its core operations to provide our clients with deeper insight into the...

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 provide...

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...

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 coming...

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,...

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...

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...

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...