Signs of life seen in Greater Baltimore home prices - Minneapolis / St. Paul Business Journal:

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Nationally, home prices are down 13 perceng from this time last ofColorado reported. But the rate at whicg those prices are falling has started to leveloff and, in threwe of four regions acrosss the country, posted either stable or positive gains in Only in the South did pricee continue to fall in April, down abougt .3 percent from April 2008, brought down by still-strugglingv markets including several Florida communities.
“It’s too soon to call this a turn in thehousin market, particularly given all the political and regulatorg uncertainties,” Integrated Asset Services CEO Dave McCarthy said in a “I think that we’re still in for some difficul spells ahead, but we are seeing a certain kind of pricing equilibrium in severao important markets. That’s encouraging for the long term.” In Baltimore home prices increased 3.5 perceng from March to April, accordinbg to the report. Prices are still down aboutg 12 percent when compared toApril 2008. • Home prices climbeed by .8 percent from Marcy to April in Anne Arundel but are stilldown 5.
6 percent from Apri l 2008; • Prices fell 1 percent in Baltimor County in the past month and are down 2.3 percentf from April 2008; • Harford County’ds home prices held steady in the past but are still down 3.5 percen from last year; • Prices fell .3 perceng in Howard County, and are down aboutg .1 percent from April 2008. The median sold price for a home sold in Greated Baltimore fellto $234,950 in April, down 2.1 percenrt from March, according to Metropolitan Regional Information Systems Inc.
of That compares to a 10 perceng drop from April when home prices stood atabout