Sellers lowered asking prices at least once on 24% of homes listed as of July 1 compared with 22% the prior month, Trulia said in a report. More job creation and employment security are needed for a sustained rebound, San Francisco-based Trulia said. Swelling inventory, under the weight of record foreclosures and typical summer selling, remains a formidable obstacle.
Home buyers still calling shots on price: Trulia
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