Reasons To Invest In The Baltimore Real Estate Market In 2018-2019-2020.
Baltimore, Maryland, is one of the oldest cities in the U.S., and it remains one of the Largest Ports on the Atlantic Seaboard. In recent years, it has also recovered from the decline in its housing market. The Baltimore real estate market is promising and shows a new increase of opportunities for both buyers and sellers.
.... positive reasons .. investors buy real estate in the City of Baltimore Md. . The Student Market Baltimore real estate market aimed at students - Baltimore City is a rich target. The University of Maryland and John Hopkins University are two large pools of students in the Baltimore area - Coppin State University is home to around 4000 students - Morgan State University houses six thousand student,
The University of Baltimore has five thousand students enrolled,
this college is sometimes confused with University of Maryland, but is not.
Johns Hopkins has around 20,000. . .
The metro Baltimore real estate market also has Towson University around 20,000 students -
The Baltimore housing market for students extends well past the neighborhoods immediately around big schools like Notre Dame of Maryland (5000 students) Loyola University (6000 students) -
Rental properties around the Maryland Institute College of Art - Goucher College - Sojourner-Douglass College -
Baltimore housing market near Johns Hopkins Hospital - as one of the largest employers in the city. . Huge Population of Working Renters Nationwide, around a third of the population rents. In Baltimore, just over 40% Rent. Baltimore stands out for its walkability and public transportation network. This helps explain why around two fifths of those who rent don’t own a car, so properties in the Baltimore real estate market close to public transit command a premium for the price of homes near bus and train stops . . Good Return on Investment The median rent for Baltimore City is up per month as of August, 2018. Given the large working class population in the city, there are many renters, home selling is around $160 a square foot, so they’re guaranteed to rent for the long term. Given the relatively low cost of properties in Baltimore, this creates a good return on investments in the Baltimore housing market. . Affordable Entry for Investors The Baltimore area remains an affordable metro area to invest in. The ten year average price for homes in the area is up as of January 2018 -
Baltimore expensive suburbs, Howard County, had a median home sell for roughly double the average of the City in January, 2018.
. This means you can buy luxury homes in Baltimore’s suburbs that cost less than a fixer-upper in many other U.S. hot markets -
This hidden Luxury Market, and upscale Inner Harbor Market
is strong with more luxury being built. . Job Hotspot Amazon has set up several fulfillment centers in Baltimore. They’re taking advantage of Baltimore’s harbor, cheap real estate and transportation links to the rest of the Northeast. Every one of these centers provides more than a thousand jobs, and the Baltimore housing market in their vicinity becomes "hot" because people move in to where there is work.
The Baltimore real estate market around the new industrial parks built to cater to Amazon will boom, because you can expect as many jobs from Amazon’s suppliers in those areas as Amazon itself – and those workers will want to live "close to work". . Co-working Boom Baltimore is home to a surprisingly large number of coworking spaces. This can be seen as an extension of digital nomads and college students choosing to work in social spaces instead of in their home office.
Affordable Baltimore real estate that can cater to the people working there is well-situated to profit off this trend, and setting up co-living spaces. . Revitalization Neighborhoods in Baltimore City - New infrastructure - enhanced bus stops, dedicated bus lanes, rail improvements and road improvements - tax breaks for new construction. . Baltimore City Best In Baltimore where You Can Buy Real Estate Market Data From -> noradarealestate.com/blog/baltimore-real-estate . We also noted info from-> Neigborhoodscouts.com. . *Luxury market www.bizjournals.com/baltimore/news/2018/06/19/take-a-glimpse-inside-the-modern225-north-calvert.html