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September 11, 2009

A split housing market

Home sales are rising in the Baltimore metro area, but the effect is really focused.

Buyers got 23 percent more homes last month in the under-$250,000 range than they did a year ago, but 9 percent fewer homes above that price mark.

That's one of the nuggets in today's housing-market story. You'll also find a prospective seller who shares the downsides -- and one upside -- of relocating out of state in a tricky housing market.

Posted by Jamie Smith Hopkins at 8:39 AM | | Comments (2)
Categories: Housing stats
        

Comments

I feel for the Browns and others in their situation. If we hadn't decided to rent during our few years in Baltimore, we'd be in the same boat--and several family members and friends encouraged us to buy! I wish the Browns all the best.

Hmmm... maybe I need to consider renting that place

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About Jamie Smith Hopkins
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.
Baltimore Sun articles by Jamie
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