Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?


US sellers cutting prices to attract buyers

Date : (News Section: USA)

US sellers cutting prices to attract buyers

Sellers in the US real estate market are cutting their asking prices by in excess of six per cent in a bid to offload surplus property, it has been claimed.

According to property website Zoopla, those looking to buy property in the country could be set to benefit from a massive reduction in cost.

The firm said that around 36.4 per cent of sellers have slashed the amount they are asking for their homes at least once since August.

This is a result of a shortage of buyers currently in the market which is creating a mis-match between supply and demand and putting pressure on prices.

"For the past few months asking prices have been somewhat out of kilter with what buyers are prepared or can afford to pay, but sellers are becoming increasingly realistic," said Nicholas Leeming, commercial director at Zoopla.

"As a result, now is a great time for buyers to try to land a bargain."


Article by +Danny Bance on behalf of

Related Articles

  1. Growth continues for US house prices
  2. Inventory levels in US real estate market 'falling'
  3. 'Demand is strong' in US housing markets
  4. US house sales fall as prices climb
  5. US housing market 'strengthening'

Secure Exit Strategy

Let us search for you Let Us find Property in United States for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in United States.

SubscribeGet Email Updates!


* We value your privacy and will never share your email address with anyone else.

USA Income Properties Fully Managed From $22,000
Distressed Sales in Spain

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: USA
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo