price reductions in california: Sellers Still Slashing Home Prices
- 07/26/10 10:16 AM
SELLERS FEEL THE HEAT AS THEY CONTINUE TO SLASH HOME PRICES THIS SUMMER Down Economy and High Levels of Home Inventory Put Sellers at Disadvantage as Prices Continue to Drop
According to data compiled by Trulia, they announced that 24 percent of listings currently on the market in the United States as of July 1, 2010 experienced at least one price reduction. This represents a nine percent increase from the previous month. The total dollar amount slashed from home prices was $27.3 billion and the average discount for price-reduced homes continued to hold at 10 percent off of the original … (4 comments)
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SELLERS FEEL THE HEAT AS THEY CONTINUE TO SLASH HOME PRICES THIS SUMMER Down Economy and High Levels of Home Inventory Put Sellers at Disadvantage as Prices Continue to Drop 
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