Saturday, February 11, 2012
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Signs of a recovery in housing market

Published 11/17/09

Home sales have long been used as one of the indicators of the economic health of Anne Arundel County.

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So the latest statistics would seem to show the county is on the road to recovery, as sales are up for the sixth straight month, when compared to the same period last year.

During October, home sales increased an encouraging 44 percent, with 502 homes sold, compared to 348 in 2008, according to Metropolitan Regional Information Systems Inc.

That good news follows more than two years of declining sales, from February 2007 through April 2009. To give some perspective to last month's 44 percent increase, in October of...

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