Patience remains key for sellers

Published June 12, 2007 4:00am ET



Real estate prices are undergoing a balancing act ? and last month the dropping price won.

In the Baltimore region, the average cost of a home fell by more than $3,500 in May, when compared with the same time a year ago, the latest Metropolitan Regional Information Statistics indicated. Settling ataround $312,600, the drop was reflected in three other counties that also saw their average prices take a step back.

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