price reductions: Could this indicate a change in the market? - 03/18/10 01:05 AM
The recent CRS newsletter, Member Connect, just reported that "Home Price Reductions Fall to All-Time Low About one in five residential property listings (19 percent) on the market as of March 1 had at least one price reduction, down from 21 percent at the beginning of February, according to Trulia’s March 2010 Price Reduction Report."
Additionally I discovered by reading this article that Trulia has been tracking these first time price reductions since April 2009.
Could this drop in price reductions reflect the fact that we are pricing our listings better at the get go?  Or, perhaps underpricing all of the … (1 comments)

 
Marjorie Taylor, New Homes in St. Augustine Florida (Riverside Homes) Rainmaker large

Marjorie Taylor

New Homes in St. Augustine Florida

Saint Augustine, FL

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Author Bio: Marjorie Taylor, is a licensed Real Estate Broker representing Riverside Homes St. Augustine's communities Madeira and Ocean Ridge. A community leader, Taylor is past Chairman of the St. Augustine St. Johns County Board of REALTORS Technology Committee; involved with the St. Augustine Regional Council. A Certified Home Stager, Taylor is professionally educated and trained, earning the designations of CDPE, CRS, CSP, e-PRO, GREEN, GRI, TRC. View all AR Posts By Marjorie Taylor View model Home - new Homes in St. Augustine Tweet All about New Homes in St. Augustine!


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