According to this story by Jamie Smith Hopkins in The Sun today, Baltimore area home prices are down 9% but according to this story by Dina ElBoghdady in today’s Washington Post, DC area home prices are up 2.85%.
Since we are in the middle of the two metro areas where does that leave us?
I’m not sure but my sense is that, though things have improved a tad, we are still down significantly from where we were two years ago.
Pat Hiban has done the analysis. Homes under 300K are selling, but those over 300 are not selling in our area.
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