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.
EMERYVILLE, CA - January 12, 2011 - (RealEstateRama) -- ZipRealty, Inc. (NASDAQ: ZIPR) announced today a series of changes to enhance the Company’s focus on core strengths in technology, online marketing and its most attractive local real estate markets. The restructuring and organizational changes are expected to position ZipRealty to achieve positive cash flow in 2011 and provide a solid platform for long-term growth.
EMERYVILLE, CA - January 12, 2011 - (RealEstateRama) -- The number of price-reduced homes on the market this December remained at high levels compared to 2009, rising 23.4 percent according to a report surveying 26 US markets issued by national real estate brokerage, ZipRealty (www.ziprealty.com; NASDAQ: ZIPR)
EMERYVILLE, CA - January 7, 2011 - (RealEstateRama) -- The number of home listings within 26 major U.S. metropolitan areas slipped 5.27 percent in December 2010, compared to a month prior, according to a monthly report of homes listed for sale on Multiple Listing Services (MLS) in the markets surveyed by national real estate brokerage, ZipRealty (www.ziprealty.com; NASDAQ: ZIPR).