Mid-Atlantic housing market remains competitive despite prices bottoming out, report shows

After 2 1/2 years of robust price growth, home prices in the mid-Atlantic have been relatively flat for the past three months. However, homes continue to sell very fast and the lack of new listings suggests that prices in the region may have bottomed out and could be set to rebound, according to a report released Tuesday by Bright MLS, a Rockville-based multiple listing service.