TIP Strategies is a privately held Austin-based economic development consulting firm committed to providing quality solutions for public and private‑sector clients.
This blog is dedicated to exploring new data and trends in economic development.
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Trulia Report: Mapping Home Price Reductions
April 17, 2011
Trulia’s Home Offer Report is a a remarkable map — it shows the result of negotiation between homebuyers and sellers. The reveal shows how strong or weak the real-estate market is in every zip code of the country.
The three key metrics:
1) How long a house typically goes before the owner cuts the price;
2) The size of that price reduction;
3) The likelihood that there will be another reduction in price
Click on the image to see the interactive map:
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