Home values down in area
First American CoreLogic, a company that provides analysis of housing and real estate trends, announced this week that home values in the Hagerstown-Martinsburg area decreased by 7.42 percent between November 2007 and November 2008.
Home prices continued to show record declines in the first quarter, according to a report released by Standard & Poor's on Tuesday, with the data suggesting that the recent signs of stabilization in the housing market have not yet led to a turnaround in prices.