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Minneapolis Tops in Home Price Drops

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epa homesale1 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.

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