indeed
the first 6 (?) quests for raven rock has a 3 day delay between missions, so its worth doing your questing on morrowind until your journey tells you that a new raven rock mission is available, go there and do the quest, then return to morrowind. This way the colony develops more "real time".
youll understand once you complete it

Its worth noting however, you should complete the raven rock quests as quickly as you can, as I can tell you as a fellow low lvl char, have that smith with 10k gold is a great asset! You can hunt for weapons and buy your training so you advance really quickly