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Twenty-three percent increase in price reductions by home sellers

A new report release by Trulia reveals that, in December, the number of listings with at least one price cut grew to 27 percent which is a 23 percent increase from December 2009 when 22 percent of the listings had at least one price cut. In terms of the size of the price cut, that [...]

Home Sellers Nationwide Reduced Prices By Almost $20,000 In April

According to a report released by ZipRealty there were 15,137 more homes listed for sale nationwide with reduced prices in April which is a 6.22 percent increase from March.  This may have been fueled by sellers trying to entice buyer’s to act before the homebuyer tax credit expired April 30th.

The survey also showed that [...]

Sixty six percent of Major U.S. Metros experiencing home price reduction levels higher than national average

Dennis Norman

According to a report just issued by Trulia, a company whose website allows you to search for homes for sale throughout the U.S., 25 percent of homes currently on the market in the United States as of August 1, 2009 have experienced at least one price cut.  The percentage of price reductions has [...]