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BALTIMORE, MD, October 20, 2021 /24-7PressRelease/ -- With most parts of the City's economy slowly moving to pre-pandemic levels, Baltimore City is seeing healthy activity in the real estate and housing market. According to MH Property Management, a prominent property management company in Baltimore, this trend is also seen across Baltimore Metro area and its surrounding neighborhoods, making it a sustainable move.
Speaking at a media event, where he addressed this phenomena, company President Allan Meseroll said:
"The signs are extremely heartening, not just for Baltimore, but for the broader region too. It shows that Baltimore is back in business, and will be pivotal in supporting the economies of its neighbors too."
The event was open to media professionals, and a list of invite-only guests, and live-cast online. MH Property Management provides premium residential property management in Baltimore, and has been in business since 2012. This gives the company unique insight into the property industry:
"Market statistics show that homes spent a median of just 9 days on the market, with median prices reaching a 10-year record. Both developments are history-making events, and bode well for the rest of this year, and sets us up for a remarkable 2022."
In response to a question, the company's Finance Director, Ms. Emilie Meseroll, attributed part of this boom to prevailing financial conditions:
"The recent pause in discretionary spending has allowed households and investors to save for big ticket items – including buying homes and rental properties. Add to that the super low interest rates, and you have a perfect recipe for the resurgence we're seeing now."
In his closing remarks, Mr. Meseroll stressed that for rental property investors, it's important to have their properties professionally maintained. That's the only way to command high rental value. He encouraged anyone looking for an experienced property management company in Baltimore to contact the company for a free consultation, and to discuss how the company might support them with their investment portfolio of rental property.
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