Housing is one of the most important parts of the United States economy. And one housing expert offers his predictions and forecast on the Baltimore housing market. That expert, Todd Lubar, shares his decades of experience in a series of recent interviews.
One of the biggest trends Mr. Lubar has noticed is that many of the historical homes and buildings in the Baltimore area are being converted into chic apartment units. Mr. Lubar believes that this trend is being done to attract more urban, young buyers in the market who are not interested in single-family homes.
Mr. Lubar also believes that the influx of young college graduates into the city of Baltimore will revitalize many parts of the metro area. The trend, Mr. Lubar believes, will bring more businesses into the city and stimulate more construction of apartment units. In particular, Harbor East will attract a large part of the young professional community.
As new apartment units come onto the market, new restaurants, as well as small businesses, will open to service the influx of young professionals. Also, with the pool of talent-rich professionals in the city, Mr. Lubar envisions more and more start-ups coming into the city due to Baltimore’s relative affordability compared to other cities such as New York and Los Angeles as well as nearby Washington D.C.
As more and more young professionals move into the city of Baltimore, Mr. Lubar does not see the cost of living rising significantly. In fact, he believes that the city will be able to support working class and middle-class families as well as young professionals due to the variety of housing options in the city. Check out Yelp to see more.
As the President of TDL Global Ventures LLC, Todd Lubar has spent over two decades in the Maryland area housing industry. In particular, Mr. Lubar is a specialist in credit and finance which has allowed him to help many people find finance solutions for their real estate transactions.
Prior to his position at TDL Global Ventures LLC, Mr. Lubar was with Legacy Financial Group as well as Crestar Mortgage Corporation. Additionally, Mr. Lubar helped grow Maryland Legacy Financial to over $100 million dollars per year in loan volume. From real estate finance to real estate forecasting, Todd Lubar is a unique authority on the Maryland housing market. You can visit their Instagram page.
Click here: http://www.toddlubar.com/