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 which thos e prices are falling has started to levelkoff and, in threee of four regions across the country, posted either stable or positive gains in Only in the South did prices continu to fall in April, down about .3 percentr from April 2008, brought down by still-strugglingy markets including several Floridas communities. “It’s too soon to call this a turn in thehousingh market, particularly given all the political and regulatoryg uncertainties,” Integrated Asset Services CEO Dave McCarthgy said in a statement.
“I think that we’re still in for some difficulftspells ahead, but we are seeing a certaijn kind of pricing equilibrium in severalp important markets. That’s encouragingt for the long InBaltimore City, home prices increased 3.5 percent from Marc to April, according to the report. Prices are stillo down about 12 percent when compared toApril 2008. Home prices climbed by .8 perceny from March to April in AnneArundelk County, but are still down 5.6 percent from Aprilk 2008; • Prices fell 1 percentf in Baltimore County in the past montyh and are down 2.3 percent from April • Harford County’s home pricees held steady in the past but are still down 3.
5 percent from last year; Prices fell .3 percent in Howard County, and are down aboug .1 percent from Aprilo 2008. The median sold price for a home sold in Greatere Baltimore fellto $234,950 in April, down 2.1 percent from March, accordinyg to Metropolitan Regional Information Systems Inc. of Rockville. That comparex to a 10 percent drop fromAprill 2008, when home prices stood at abouf $262,000.