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Jonathan Miller
June contracts on area homes hit four-year high
June contracts on area homes hit four-year high

New contracts on homes for sale in the Baltimore area rose to their highest June level since 2007 — a positive sign for a housing market trying to heal after a years-long roller-coaster ride. Buyers and sellers struck deals on nearly 2,600 homes in Baltimore and its five surrounding counties last month, Rockville-based Metropolitan Regional Information Systems said Monday. That's about 30 percent more than the number of contracts signed last June — when activity plummeted after a federal tax credit for first-time homebuyers expired — and exceeds recessionary June 2008 by almost as much. It even topped the number of new contracts signed two years ago, when the tax...