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Fewer Home Sellers Cut Asking Prices for Homes

In January, Sellers Reduced List Prices by $21,925 on Average, According to ZipRealty

According to a report released today by ZipRealty just over 40 percent of available homes for sale had reduced prices in January, down from 44 percent in December.

“Sellers are taking a realistic look at current market conditions before listing their homes,” said ZipRealty

Continue reading… Fewer Home Sellers Cut Asking Prices for Homes

Nearly half of all homes for sale have reduced prices

Dennis Norman

By Dennis Norman

According to a report issued yesterday by ZipRealty, more than 44 percent of home listings in 28 major markets tracked by ZipRealty in September had at least one price reduction. Of those homes on the market with reduced prices the average have had their price cut an average of twice, according to

Continue reading… Nearly half of all homes for sale have reduced prices

Overpriced Listings; Is the agent to blame?

By: Dennis Norman

This morning Trulia, the online real estate search company, announced that “25.6 percent of homes currently on the market in the United States as of October 1, 2009 have experienced at least one price cut. More than one in four current listings on Trulia have been reduced in price for the fourth straight

Continue reading… Overpriced Listings; Is the agent to blame?