February 2020
Safeguard Capital Partners is offering a $1,000 rebate on all new note purchases in the Baltimore metro area. If you’ve never invested in Baltimore and you want to invest, now is the time to take advantage of this offer, available through March 31. Read on to learn why Safeguard is forecasting continual growth for Baltimore.
Top 3 Reasons for Baltimore
Baltimore, Maryland is one of the oldest cities in the United States, 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 sellers.
1. Steady Price Increase
The Baltimore metro area real estate market closed the year 2019 strong with record numbers. Particularly, the median price for homes increased to $278,000. That represents a 9% year-over-year growth. Compared to 2010, the increase is 25%. Most notable, much of the growth came in recent years, which shows that the Baltimore metro area real estate market is picking up. Besides prices, the number of homes that changed ownership also increased. This is a sign of active interest in the Baltimore real estate market. See chart “Median Price and Home Sales Evolution in Baltimore in December” for details. These signs are positive trends for Baltimore and are forecast to continue into 2020.
2. City of Renters
About 50% of Baltimore’s residents rent rather than own a home. This has been a stable trend over the last decade. Across the United States, the rate is just above 30% and has been increasing slightly. See chart “Rate of Renters Baltimore, MD vs National Average” for details.
For Baltimore, this means that there will be over 300,000 tenants that will make up the real estate market in 2020. Thus, investing in a rental property is a smart move to cater to the needs of some of these renters in the coming years, as there is sufficient rental demand.
3. Employment Base
Baltimore is home to strong American Fortune 500 and 100 companies that provide employment and income for the residents of the city. Here are some examples: Lockheed Martin, Discovery, Marriot International, Johns Hopkins Hospital and University, Townson University, MedStar Health, McCormick and Company, Under Armour and Northrop. In addition, the city is home to the second most important port on the East Coast.
You have the opportunity to participate in this lucrative real estate market. Place your investment in a city that is developing positively for investors. Allow us to introduce you to a form of real estate investing that provides excellent security and a high rate of return to take advantage of the seller's market in Baltimore.
