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ZipRealty’s Monthly Price Reduction Index Reports Double Digit Increase in Number of Price Reduced...

EMERYVILLE, CA - February 14, 2011 - (RealEstateRama) -- Home sellers continue to discount their asking price in an attempt to entice buyers to move towards a purchase according to a report issued by national real estatebrokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR). ZipRealty’smonthly Price Reduction report, which is generated from a review of MLS-listed properties in 26 markets, shows that inventory is up a modest 2.81 percent from January 2010, but the total number of homes where sellers have cut the asking price at least once was up 17.6 percent. This double-digit growth in discounted homes may be another indicator of a sluggish market.

Business Real Estate Press Releases

Rayse Owns ‘Agent Value’ – A Bold New Approach to PropTech...

Rayse is redefining the real estate technology landscape, establishing itself as the undisputed leader in Agent Value. Unlike traditional PropTech, which has focused on automation and disintermediation, Rayse takes a completely different approach.

Recent Gov & Nonprofit Real Estate Press Releases

Rayse Owns ‘Agent Value’ – A Bold New Approach to PropTech...

Rayse is redefining the real estate technology landscape, establishing itself as the undisputed leader in Agent Value. Unlike traditional PropTech, which has focused on automation and disintermediation, Rayse takes a completely different approach.