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July 27, 2014, 11:15 pm
970 WMAY News

Local Realtors Positive Despite Dip In Home Sales, Prices


It’s a mixed bag in the latest numbers from the Capital Area Association of Realtors. 

 

Both the number of home sales and the median price for those homes fell in April, compared to the same month a year ago.  But sales of foreclosed properties also declined for the first time in four months, which the association sees as a positive trend. 

 

Realtors Association president Don Cave says that while the group will keep monitoring the trends, he says the market fundamentals are sound and expects a busy spring in the local housing market.

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