Markets

Quality Housing on the East Coast

At Sitka Residential, we are committed to excellence and quality in everything we do. We’re not a national development company; we focus on a few key markets, digging in to get to know the area, its people, and the unique needs of our clients. 

We’re currently working to provide a solution for the housing crisis underway in our markets.  We’re dedicated to providing middle class renters a value priced, desirable housing option in a small selection of East Coast markets, including:

Maryland/DC/Virginia

This area, marked by its close proximity to the nation’s Capital, is known for extremely high housing costs, and a shortage of affordable options for many residents.  There is incredible demand for efficient, value priced, low-frills housing to support the middle class. From government workers to teachers, policemen and others, demand for exceptional residential properties is high and supply is very low.  We’re glad to bring the Sitka Residential solution right here in the MD/DC/VA area to address this pressing need.

Carolinas

A flood of new residents into the Carolinas has driven a significant demand for new housing. Explosive job growth in North Carolina and continued industrial and manufacturing growth in South Carolina have created a need for better priced, up to date housing. We’re proud to bring our passion for helping renters, investors, and developers alike find what they need in a local Sitka Residential property in these growing markets.

Florida

Florida has consistently been top of the list of states for population growth since the year 2000.  Now the third most populated state in the country, citizens, both young and old alike continue to flock to the milder temperatures and high employment opportunites of the sunshine state . We work hard to create value priced, innovative property developments that serve the needs of each of Florida’s residents.

Get In Touch

Corporate Office
3905 National Drive
Suite 105
Burtonsville, MD 20866
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Sitka News

The last ten years have seen significant amounts of underbuilding compared to prior decades.
  • 1960s: 9.3 million starts
  • 1970s: 11.4 million starts
  • 1980s: 9.9 million starts
  • 1990s: 11.0 million starts
  • 2000s: 12.3 million starts
  • 2010s: 6.8 million starts
More home inventory is needed for a balanced market.

The National Association of Realtors has estimated that existing home sales growth has lagged while inventory declined. As of November 2019, inventory has fallen to a 3.6-month supply (a 6-month supply would be considered more representative of a balanced market).

The disparity of new single-family home construction and the U.S. population.

The reduced amount of single-family home construction over the last decade is striking when considering the U.S. population has continued to increase over time.