Trends in the Camden Market

[Tyler Holzer]

I met with some buddies last week and we were talking about changes in the Camden real estate market. I hear neighborhoods outside Cooper Hospital and Rutgers are solid, and other areas are beginning to experience growth as well. Does anyone have any experience in this market, or have any predictions for the long term growth (or otherwise) of markets in this city? 

I'd be very interested in getting a foot in the door (perhaps with partners!) in this market provided there is potential for growth and I have firm market knowledge. 

Thanks for any responses! I'm excited to hear what you all think. 

[Kyle McCann]

Tyler,

I've got a more optimistic view of Camden than the HomeVestors writer who once had a bad experience at a public transit stop there (I get harrassed for change every time I'm at Penn Station, hence NYC must be a dump).

Here are some actual facts and figures: https://rurcbog.com/wp-content/uploads/RURCBOG-Report-FINAL_2019-01-15-09.pdf

Graduation rate is up 20% in 6 years

Crime is at its lowest level in 50 years

Unemployment is at its lowest rate in 28 years

Camden still has a long way to go but it is certainly heading in the right direction.