Baltimore hard hit by Covid?

Question

According to this, Baltimore is getting the worst of Covid among big US cities. Is this what people are seeing? What areas are softest?

BJ Marshall · Answer

What about places like Howard and Anne Arundel counties, that are centrally located between Baltimore, DC, Annapolis, and by and large service the military industrial complex?

I just closed Monday on my first investment property, a townhouse in Columbia that by the numbers will cash flow at least $200, and all my friends tell me things always rent in Columbia. in fact, after I get this house renter-ready and humming, I'll be looking for deal number two.

Kelly M. · Answer

Where did this data come from and what time frame is it reporting on?  Baltimore city and county home prices are still increasing, maybe not as much as some places in the country but the lack on inventory and the amount of motivated buyers is definitely driving prices up.

Sam Lewis · Answer

From what I understand, more now than ever people are leaving large high-cost metroplexes with the opportunity to work remotely paired with harsh covid-related mandates - being cooped up in a high rise apartment can get old.

Generally speaking, days on market are much higher in many areas of the city than the surrounding counties of Baltimore, compared to one year ago. Still, available inventory is still much lower for Baltimore city and the surrounding counties than it was a year ago.

I'd be curious to see the bones behind this data; seems like there is a missing assumption or secondary factor

Marcus Hairston · Answer

Inventory is definitely moving faster in the surrounding counties of Baltimore and DC. Columbia is a good sweet spot to invest in if you can find the right property at the right price. I'm still investing in Baltimore and so far things have been selling fast in the city.

Conor Casey · Answer

If you’re in Columbia, you’re golden. Nothing but development, jobs, and its suburbia. Great place to invest, tougher to find good deals though because of that.

Dan Nad · Answer

Here

https://twitter.com/HousingRal...

Stephen Kehoe · Answer

Columbia is great for finding renters right now. I had 6 people show up with 2 days of marketing recently. I'm always shocked at how many section 8 applicants I get there

Yannik Cudjoe-Virgil · Answer

@Dan Nad can you share the article or information on where that data came from so we can interpret? From my research here, Baltimore is quite well during this time in certain areas

Conor Casey · Answer

Following!!

Baltimore hard hit by Covid?

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