August 17th, 2009

Price reduced

Trulia reports that as of August 1, 25% of homes listed in the U.S. have cut their original asking price at least once from the original asking price.

So how much is being cut? Currently, the average percent off the original asking price is approximately 10%.

Read more on Trulia’s blog.

Bookmark and Share

One Comment

* Home prices going back up | Windermere Market Trends  at 8:59 am on August 25th, 2009

[...] wait. Didn’t we just post last week that 1 out of 4  homes on the market are having their prices slashed by an average of [...]

Share Your Thoughts