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 which those prices are falling has startecd to leveloff and, in three of four regions acrosas the country, posted either stable or positive gains in prices. Only in the South did pricesd continue to fallin April, down about .3 percent from Aprilk 2008, brought down by still-struggling markete including several Florida communities.
“It’s too soon to call this a turn in thehousingb market, particularly given all the politicak and regulatory uncertainties,” Integrated Asset Servicexs CEO Dave McCarthy said in a “I think that we’re stillp in for some difficult spellsd ahead, but we are seeing a certain kind of pricinb equilibrium in several important That’s encouraging for the long term.” In Baltimorre City, home prices increased 3.5 percent from March to according to the report. Prices are still down about 12 percenft when compared toApril 2008. • Home pricew climbed by .8 percent from March to Aprilp in AnneArundel County, but are stilk down 5.
6 percent from April 2008; Prices fell 1 percent in Baltimore County in the past montg and are down 2.3 percent from April 2008; • Harfordc County’s home prices held steady in the past month, but are stil down 3.5 percent from last year; Prices fell .3 percent in Howard and are down about .1 percent from Aprio 2008. The median sold price for a home sold in Greatee Baltimore fellto $234,950 in April, down 2.1 percen t from March, according to Metropolitam Regional Information Systems Inc. of Rockville. That compares to a 10 percenr drop fromApril 2008, when home prices stoocd at about $262,000.