52.1% of Illinois Home Owners have Reduced their Asking Prices
As reported by Inman News this morning, here's the percentage of homes that have discounted [reduced] their real estate asking prices, in order to "find a buyer:" You [as a seller] could be missing 50% of the buyer pool - Realtors that don't understand strategic pricing are pricing your homes where the Buyers aren't even looking...
Real estate markets with the highest share of discounted listings (of 26 markets surveyed):
1. Jacksonville, Fla. (55.8 percent)
2. Phoenix, Ariz. (55.4 percent)
3. Minneapolis-St. Paul, Minn. (53.2 percent)
4. Orlando, Fla. (52.8 percent)
5. Chicago, Ill. (52.1 percent)
6. Tucson, Ariz. (51.7 percent)
7. Baltimore, Md. (51.3 percent)
Posted by: Carol Best | Coldwell Banker Real Estate | Barrington, IL
Buyers: www.FindNorthernIllinoisHomes.com
SELLERS: www.NorthernIllinoisHouseValues.com
BUY Luxury FORECLOSURES: www.FindLuxuryHomeForeclosures.com
WEBSITE: www.CarolBest.net

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