: News

Filed Under:

Glimmers of Hope in Local Real Estate Market

Play associated audio

Most analysts say the country's economic recovery will be slow and likely painful -- but a report on the local real estate market holds a bit of good news.

The report from Metropolitan Regional Information Systems -- shows that home sales in July continued the upward trend the area has seen in recent months, and are up 12 percent compared to July of last year.

Home prices across the region are still down 8 percent compared to this time last year. But John Mcclain, a senior fellow at the Center for Regional Analysis and George Mason University -- says that number is a sign the free fall in prices is coming to an end. They were down 26 compared to last year percent as recently as February.

Leading the area is Prince George's County, which saw a 76% increase in number of homes sold compared to July of Last year. At the bottom is Prince William County, Virginia. The number there is down 25%.

Jonathan Wilson reports...

NPR

Yaya Alafia's Songs Of Strength For Her Baby Boy

2013 was a big year for actress and model Yaya Alafia. She starred in three films and had a baby boy. Alafia shares the songs reflecting those experiences for Tell Me More's series 'In Your Ear.'
NPR

Bake Bread Like A Pioneer In Appalachia ... With No Yeast

Bacteria can make a bread rise and give it a cheesy flavor. That's the secret ingredient in salt rising bread, which dates to the late 1700s in Appalachia, when bakers didn't have yeast on hand.
NPR

Obama Assures Japan Of U.S. Security Commitment

The president is on the first stop in an eight-day trip to Asia that also will see him visit Malaysia, the Philippines and South Korea.
NPR

The Price War Over The Cloud Has High Stakes For The Internet

Amazon, Google, Microsoft and others are competing to be the main landlords of the cloud. Their terms and prices could control who gets to build what on the Internet, and for how much.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.