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On Sale: Homes Across America

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Falling Prices

High foreclosure and unemployment rates have made it unusually hard for people to sell their homes. That means sellers have to be patient as well as flexible. Can you say price cut? Some 26 percent of homes currently on the market since Sept. 1, 2009 have had at least one price cut, according to real estate search website Trulia.com. The median reduction was 10 percent. During this past summer, homeowners hacked a total of $28.5 billion from home prices.

The slashed prices have left what many consider a wealth of bargains across the country. Take a look at these homes that have seen about a 20 percent drop in price since being listed.

Posted Oct. 8, 2009