Luxuriously renovated 6-unit Mount Vernon mansion house was purchased for $835,000 ($139,000 per unit) to start off the New Year for Peak Real Estate’s first investment in Baltimore City. 1226 Saint Paul is located between Preston and Biddle in the heart of Mount Vernon / Mid-Town Belvedere Historic District. The property’s total renovation was completed […]
Claudia Freeland Jolin of the Downtown Partnership of Baltimore talks about the latest study showing how many apartments can be built in Downtown Baltimore.
A poll identifies MICA – The Maryland Institute College of Art – as the #1 Art School in the Country. Born and raised in Baltimore, I have always known that MICA had a great reputation and is noted as one of the top art schools in the Country. As a Realtor, I have seen the art […]
Ben Frederick III, CCIM, a specialist in Baltimore Apartment Properties for more than 35 years, was quoted in the November/December issue of Commercial Investment Real Estate Journal, published by the CCIM Institute, a division of the National Association of Realtors. CCIM’s represent just 3/4 of 1% of all Realtors. To earn the CCIM designation, candidates […]
Charles Village is a fun place to live, work, and invest. The neighborhood has culture in the Baltimore Museum of Art, education in the Johns Hopkins University, healthcare at Union Memorial Hospital, fun in the Wyman Park Dell, good local food in the 32nd Street Farmer’s Market. Enjoy this video highlighting this great neighborhood in […]
I just read a survey indicating that apartment rents in Baltimore City increased an average of 4.5% for the calendar year 2015. Nationwide inflation (as measured by the CPI-U for all American Cities) rose only 0.7% for the calendar year 2015. Rents outpacing inflation indicates strong demand for rental housing.
The inventory of available apartment units for sale peaked in mid-2014 and has been declining ever since. With a lower supply of product, one would expect prices to rise. Commercial Real Estate Baltimore, MD Market Trends This graph shows a steady rise in the number of people searching on LoopNet for apartment property in Baltimore. […]