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Trulia announced that 20 percent of current home listings have been reduced in price at least once, compared to 27 percent in April 2009, representing a 26 percent decline nationally. Trulia was the first company to issue national price reduction reports and is available to provide historical data on trends taking place as early as Continue reading… Signs of Stabilization in U.S. Real Estate Market — Home Price Reduction Levels Drop 26 Percent 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? Dennis Norman By: Dennis Norman I think by now almost all of us in the real estate business have a good awareness of the housing market and have retired our rose-tinted glasses for now. However, according to a report just released by Trulia, sellers may not be there yet. According to the Trulia report, 26 percent of Continue reading… Sellers still don’t get it |
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