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Baltimore Home Sales Climb for Five Months |
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Baltimore-area homeowners trying to sell are having the easiest time of it in six years, with the balance of power -- though not price -- back to where it was before the market crashed.
And while prices remain below their housing-bubble highs, they are rising again. The average sale price in the Baltimore region rose 9 percent in June compared with a year earlier, the fourth month in a row of gains, Rockville-based RealEstate Business Intelligence said Tuesday.
Some of the increase is simply fewer foreclosures to pull down the average. But even knocking out foreclosures and other distress sales, home prices rose 6 percent, RBI said.
At Gay Realty Watch, we look for news to share with you about the gay real estate market - both lgbt real estate news and news specific to gay and lesbian real estate meccas.
Authored By Alex Ferreras - See the Full Story at LoanSafe
Click here for gay realtors, mortgage lenders, and other real estate professionals in Maryland.
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Published on:
July 15, 2012
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