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BALTIMORE, July 10 (UPI) -- Home sales in the Baltimore area rose 2 percent in June -- the first increase since January 2007, statistics released Friday showed.
Sales increased in every jurisdiction in the metro area except Baltimore City, where sales slipped 1 percent. But even city sales showed a big improvement over the month before, The Baltimore Sun reported Friday.
Housing prices continue to fall, the Metropolitan Regional Information Systems said.
A January 2007 increase of nearly 4 percent in home sales proved to be an anomaly, the report said. It came after a year of declines and was followed by even worse declines.
The continued decline in prices, combined with a federal $8,000 tax credit for first time home buyers, may boost home sales, the multiple-listing service said.
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ASUNCION, Paraguay, May 22 (UPI) --
Land-locked Paraguay is hoping the latest investor seeking oil in its promising western region will have better results than previous prospectors.
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WASHINGTON, May 22 (UPI) --
A U.S. Senate committee report has revived controversy over alleged counterfeit Chinese electronic components entering U.S.-made defense equipment and weapons.
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Like housing markets overall, the market for luxury homes is growing tighter as the spring buying progresses. Though still a buyer's market, the ILHM Luxury Housing Report for last week shows a pattern of rising prices and fewer days on market since...
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What if Europe turned out to be the new Japan?
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