January 24, 2018

January 2018 Baltimore Real Estate Market Conditions

By Call us at

Happy New Year!!

Have you been up to date with Amazon's decision for H2Q?

Unfortunately, Baltimore was not on the shortlist. We may never know the exact reason why Amazon denied Baltimore's Port Covington location for it's new hub - however the crime ratings could have been a factor. Although other states and cities can compare to Baltimore, Baltimore is still one of the prime locations, especially Port Covington for new developments.

Even though Amazon H2Q did not pick Baltimore, that doesn't mean Apple or other companies won't either. This will bring thousands of jobs which in turns will bring thousands of people looking for new property, and/or selling their home to move to Baltimore for their new position. 

Also upcoming communities are making its way to Bayview - where John's Hopkins Bayview campus is. The housing market is booming over there especially for first time home buyers and those who work at John's Hopkins. Prices range from 100-150k for a quality townhome. There is a new development that is being built which will attract more homeowners to that area and raise values. If you move in closer to Canton, Brewer's Hill and the Inner City, prices start going up from there, as value is still increasing. 

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