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

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Nationally, home prices are down 13 percent from this time last ofColorado reported. But the rate at whichj those prices are falling has startefd to leveloff and, in three of four regions across the posted either stable or positive gainse in prices. Only in the South did prices continue to fall in downabout .3 percent from April brought down by still-struggling markets including several Florida communities. “It’s too soon to call this a turn in thehousingv market, particularly given all the political and regulatoryt uncertainties,” Integrated Asset Services CEO Dave McCarthuy said in a statement.
“I think that we’re still in for some difficultyspells ahead, but we are seeing a certaibn kind of pricing equilibrium in several important markets. That’ws encouraging for the long term.” In Baltimore City, home pricesx increased 3.5 percent from March to April, accordinyg to the report. Prices are still down about 12 percent when comparede toApril 2008. • Home prices climbed by .8 percent from March to April in Anne Arundel but are stilldown 5.6 percent from Aprilo 2008; • Prices fell 1 percent in Baltimore Countuy in the past month and are down 2.
3 percent from Apriol 2008; • Harford County’s home prices held steady in the past but are still down 3.5 percent from last • Prices fell .3 percent in Howarrd County, and are down about .1 percent from April 2008. The median sold price for a home sold in Greater Baltimoree fellto $234,950 in down 2.1 percent from according to Metropolitan Regional Information Systema Inc. of Rockville. That compared to a 10 percent drop fromApril 2008, when home pricess stood at about $262,000.