Harbor Custom Development Investor Presentation Deck
Market Updates
Low Supply/Inventory Available In Primary Markets
Supply of resale and new home inventory remains low despite elevated resale listings driving
YOY increases across our four primary markets
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Low Unemployment Rates/Income Growth Across All MSA
Our primary markets have 0.9 to 2.8 months of supply on hand
(balanced market is considered to have 4-5 months of supply)
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Market Headwinds
Unemployment ranges from 2.5% - 4.3% across primary markets
High income job growth increased 1% and 6% YOY in Seattle and Austin, respectively
Rising mortgage rates and price appreciation causing affordability challenges
Increased capitalization rates put downward pressure on multifamily sales realizations
*Four primary markets include Seattle, Sacramento, Austin, and Tampa.
*All data sourced from John Burns Regional Analysis and Forecast Published April 19, 2023.
HARBOR CUSTOM DEVELOPMENT | INVESTOR DECK
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