More homes for sale under $250,000
Is the price right on homes for sale nowadays? That's a point of great contention, as you'll quickly notice reading the comments on this blog. But one thing's for certain: More and more homes are listed for less than $250,000.
Homes with asking prices below that mark made up 43 percent of the Baltimore metro area's housing market in May, up from 24 percent three years earlier. Total listings in that price range: about 8,150, the highest figure for the month of May since 2001.
More on this in my story today, which you can read here.
What probably won't surprise you is that your under-$250 options are more varied in Baltimore City, Baltimore County and Harford County than in Anne Arundel, Carroll and Howard counties. And there are a lot of foreclosures and short sales in the mix.
Looking to buy (or sell) in the under-$250 range? What trends have you noticed?