Is the area?s housing market cooling?

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While recent numbers indicate what some say is an end to the area?s strong real estate market, many in the industry are saying it?s merely back to reality.

“The frenzy has departed,” said David McIlvaine, a board member with the Greater Baltimore Board of Realtors and an associate broker with Keller Williams of Ellicott City. “Basically we see it cooling and the cooling is back to a more traditional market. It?s still strong but the frenzy is just not there anymore.”

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