MARKET & TRENDS
BALTIMORE, MARYLAND
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Market Spotlight: Baltimore, Maryland THE FORECAST FOR REAL ESTATE INVESTING IN “CHARM CITY” LOOKS POSITIVE IN 2022.
by Josh Shein
Good morning, Baltimore!
commercial real estate, technology, and other employment sectors have earned it the nickname “Charm City.” Just like everywhere else, it’s been a terrific market for real estate investing. Some investors have had a hard time finding properties (which has been a challenge for everyone in the industry), but with the assistance of local experts and advisers, oppor- tunities remain. The forecast is very positive heading into 2022 as well.
many investors want insights into which neighborhood, which area, which region they should consider. The answer is that it’s very block to block, and every area has promise for improvement, new business, and renewal. Even in a very small two-block radius, there could well be a group of investors working together to bring about change. Overall, the market in the city is strong and robust. Having said that, the significant price appreciation has emboldened those who want to retain properties for renting as opposed to quickly flipping them. They’re buying the
Whatever your reference point for Baltimore—the Ravens and Orioles, steamed crabs, or the site of many John Waters movies (including Hair - spray)—this close neighbor of Wash- ington, D.C., has potential for invest- ment you may not have considered. Historically, Baltimore is where “The Star-Spangled Banner” was written during a siege of Fort McHenry in the War of 1812. Since then, its eclectic neighborhoods, unique style, culinary traditions, and mix of manufacturing, finance,
WHEREARE THE OPPORTUNITIES?
When it comes to analyzing Balti- more for investment opportunities,
44 | think realty magazine :: march – april 2022
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