Monday, May 08, 2006

Discounted asking prices


Monday 05/08/2006: Just when we thought the market's rebounding came spring time, this spring rally appears to be dissipating rather quickly. In the month of April, Sellers accepted, on average, a discount of $4,194 from their asking prices. This makes it the worst April (for home sellers) comparing to the same month in 2004 and in 2005.

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