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Home sales, prices increase in Baltimore region as effects of real estate crisis wane

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The effects of the real estate crisis are still being felt in the Baltimore regions housing market, though increasingly showing signs of dissipating.

Bank-mediated sales, which are mostly foreclosures, fell almost 7 percent in April in the Baltimore metro area compared to a year earlier, according to a monthly report issued Tuesday. Those homes also fetched higher sums, with the median sales price up about 15 percent, the data provided by ShowingTime RBI shows.




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