Baltimore real estate market 

Before investing in real estate, an investor should always seek information about the real estate market in the cities he targets: it should be a city with a big population and a positive labor market, as these two factors will reflect a strong demand in the real estate market.

(source: https://wanderwisdom.com/travel-destinations/Row-HouseTheHistoryofBaltimoreRowhouses)

Baltimore is currently experiencing a major turning point that represents a great opportunity for investors.

Indeed, Baltimore and the Baltimore metropolitan area have more than three million inhabitants (Baltimore alone has more than 600,000 inhabitants). A population rebound is expected in the coming years thanks to the urban improvements planned by the city and the increasing number of companies relocating to Baltimore and its surroundings. The city remains one of the oldest cities in the United States, but above all one of the largest port cities on the Atlantic Ocean, making Baltimore a strategic point for many companies.

Baltimore is Maryland’s largest city and economic hub. The city has recovered from the economic decline caused by the 2007 economic crisis and is seeing a significant increase in job opportunities, attracting many families to buy real estate in Baltimore to live closer to their jobs.  Amazon, for example, has set up some of its facilities in Baltimore, a strategic shipping point on the East Coast for the shipment of packages. Baltimore's economy is diversified and offers a wide range of jobs in the public and private sectors, including education, health, professional services, trade, transportation and others. In addition, the Universities of Maryland and John Hopkins attract many students, with John Hopkins University alone having about 20,000 students each year.

Nearly 20 districts in Baltimore have been identified as socially "renovated" or even "revitalized", including the eastern districts of Baltimore. Many projects are underway in these neighborhoods to attract more residents and abandoned buildings are all being destroyed.

On one of the most popular real estate sales websites, Redfin, the average selling price of a house in Baltimore is on average $193,000, 17.9% higher than last year. With the estimated increase in demand in the coming years, the average price of a property is expected to rise rapidly, creating great opportunities for investors buying properties in 2019 to sell, even shortly after buying.

( source : https://www.redfin.com/city/1073/MD/Baltimore/housing-market)

According to LittleBigHomes.com, Baltimore real estate market is expected to grow significantly over the next 3 years (83% probability).

According to Redfin.com, real estate market in Baltimore is very competitive; properties receive at least one offer and sell within 26 days of being put up for sale, at a price 1% lower than the selling price charged by the owner. The price of properties for sale in Baltimore increased by 5.3% compared to July 2018 and the number of properties for sale increased by 0.9%. Properties are sold within 32 days after their release for sale,

In addition, many auctions take place due to the inability of some homeowners to pay their mortgage loans, particularly following the economic crisis of 2007. Baltimore sees a very large number of properties sold at auction because the city has one of the strictest and lowest thresholds for the auction sale of a real estate property for an unpaid credit as low as $250.

Baltimore is thus a strategic city to invest in real estate and promises to generate positive returns on investment.

With such prospects and estimates, BaltimoRealEstate LLC buys many properties, most of them at auction, for a small price. BaltimoRealEstate LLC then carries out renovation work, creating a real estate portfolio, before selling all its properties very quickly to its partner who is at the head of a real estate portfolio worth $250 million.

Sources :

- https://www.trulia.com/MD/Baltimore/

- https://www.zillow.com/baltimore-md/investment-opportunity-_

- https://www.redfin.com/city/1073/MD/Baltimore

- https://www.redfin.com/city/1073/MD/Baltimore/housing-market

- https://www.littlebighomes.com/real-estate-baltimore.html

- https://ww w.fortunebuilders.com/baltimore-real-estate-market-trends/