Home Sellers Reduced Home Prices $24 Billion During The Past 12 Months

Checking The Pulse Of The Kansas City Real Estate Market

According to Trulia, home sellers nation-wide lost $24 billion in potential equity by way of price reductions taken when selling their homes. Many of the homes included in the report are still on the market and will see further price reductions before selling. Nationally, home prices were down 6.7% in the U.S. in February (year-over-year). Extremely motivated home sellers should watch the video in the link below and be sure their real estate agent is giving them the local real estate market stats, so they can make an informed real estate decision…

Realty Check: Pricing Under Pressure
Thu 07 Apr 11 | 04:25 PM ET


Posted by Jason A. Brown

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