Area's home sales hit record level during past year - 2004-01-13
Buyers boosted the volume of Baltimore-area home sales to a record level last year as historically low interest rates fueled demand despite double-digit price increases.
Sales and prices have climbed consistently, providing more equity to many homeowners while raising real estate tax assessments. Record numbers of refinancings have helped consumers lower their monthly mortgage costs or allowed them to tap into their home's equity and offset the sting of stock market losses.
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