Minneapolis Tops in Home Price Drops
More than 40% of homes for sale in Minneapolis area have had price reduction
Not much good news in a real estate report that’s been issued. If you’re trying to selling a home, and have had to cut the price , join the group. A report from Trulia.com shows that 42-percent of all homes currently for sale in the Minneapolis area have undergone a price reduction. That’s the highest figure in the country according to the website. A separate report, from the Minneapolis Association of Realtors, revealed that home sales dropped 38% in July.