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Looking for a cheaper home? Good news

Number of homes on the market in the Baltimore metro area for under $250,000 in May 2006: 3,600.

In May 2007: 5,400.

In May 2008: almost 7,400.

Yup, that's double the choices in two years.

 

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About the blogger
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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