The Real Estate Wonk: August home sales in the Baltimore metro area - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

The Baltimore Sun > Business > Real Estate > The Real Estate Wonk

« Declines in pending home sales -- and some increases | Main | August home sales: more tidbits »

September 10, 2010

August home sales in the Baltimore metro area

Home sales dropped 16 percent in the Baltimore metro area last month, compared with a year earlier. That's the second month in a row that buying activity slumped.

It won't be the last, because the number of contracts signed in August -- most of which will show up as sales in a month or two -- was down about the same amount. We've had four straight months of falling contract numbers.

Here's the breaking-news story about August home sales. I'll have a fuller version later.

Posted by Jamie Smith Hopkins at 9:48 AM | Permalink | Comments (3)
Categories: Housing stats

Comments

This, of course, is very very good news for a very damaged housing market...and a very good sign that the market is trying to heal itself.

Unfortunately, it is also a signal for our profligate spending politicians to try and garner votes from our countries debt/credit addicts, by intruding and causing further damage.

Posted by: Darwin Rules | September 10, 2010 3:25 PM

Now is the best time to buy and sell your house! Never been a better time in history!! Ever!! This bad news is actually good news and any good news is good news! OK!?!?!?! You don't want to have less debt than Mr Jones do you people? Get out there and let me open a door for you!! YEA!!!

Posted by: Randy Realtor | September 10, 2010 3:56 PM

Awesome! Hopefully the talking heads on the hill let this continue. We might have a couple more grenades of "change" tossed our way after elections. :(

Posted by: Ironhide196 | September 11, 2010 11:52 PM

Post a comment

All comments must be approved by the blog author. Name-calling aimed at other commenters is not welcome here. Please do not resubmit comments if they do not immediately appear. You are not required to use your full name when posting, but you should use a real e-mail address. Comments may be republished in print, but we will not publish your e-mail address. Our full Terms of Service are available here.

Name:

Email Address:

URL:

Remember personal info?

Comments:

Verification (needed to reduce spam):

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

Follow @realestatewonk on Twitter