Jacksonville is number 1 when it comes to discounting the prices of homes on the real estate market. As of June 1, around 36 percent of the homes listed for sale in Duval County had been reduced in price since they entered the market.
That rate is highest of all cities in the United States on the same day, according to data from Trulia. This is followed by Tucson, Boston, Los Angeles, and Columbus. Although Trulia’s data doesn’t include foreclosures and bank-owned home sales, price reductions are influenced by them because they put downward price pressure on the market.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Jacksonville is number 1 in discounting sales prices is brought to you by SimplifyEm Pay Rent Online and Property Management Software
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