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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.

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NAVICA® and Restb.ai bring AI-powered listing intelligence directly into MLS platforms

NAVICA®, a leading provider of MLS technology solutions, today announced a strategic partnership with Restb.ai, the real estate industry’s leader in AI-powered computer vision, to deliver

Recent Gov & Nonprofit Real Estate Press Releases

Smart Bathroom Features Worth the Investment

Transforming your bathroom into a smart space doesn't mean turning it into a sci-fi movie set. Today's intelligent bathroom features blend seamlessly into your daily routine while adding genuine convenience, comfort, and value to your home.