Signs of life seen in Greater Baltimore home prices - Baltimore Business Journal:

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Nationally, home prices are down 13 percent from this time last ofColorado reported. But the rate at whicu those prices are falling has started to leveloff and, in thre of four regions across the posted either stable or positivew gains in prices. Only in the Souty did prices continue to fall in downabout .3 percenyt from April 2008, brought down by still-strugglin g markets including several Floridza communities.
“It’s too soon to call this a turn in thehousinbg market, particularly given all the political and regulatory uncertainties,” Integrated Asse t Services CEO Dave McCarthy said in a “I think that we’rde still in for some difficult spells ahead, but we are seeinvg a certain kind of pricin equilibrium in several important markets. That’es encouraging for the long term.” In Baltimore City, home prices increasex 3.5 percent from March to April, according to the report. Priced are still down about 12 percenty when compared toApril 2008. • Home pricesx climbed by .8 percent from March to April in AnneArundeo County, but are still down 5.
6 percent from April 2008; Prices fell 1 percent in Baltimore County in the past montuh and are down 2.3 percent from April 2008; Harford County’s home pricesa held steady in the past month, but are stil l down 3.5 percent from last year; Prices fell .3 percent in Howardx County, and are down about .1 percent from Apri 2008. The median sold price for a home sold in Greate Baltimore fellto $234,950 in April, down 2.1 percent from March, according to Metropolitan Regional Informationb Systems Inc. of Rockville. That compares to a 10 percent drop fromAprikl 2008, when home prices stood at about $262,000.