Bargain property prices to be found in the US, research confirms

[Nicholas Wallwork]

The sellers of more than 25% of residential properties currently on the*market in the US reduced the asking price of their home at least once in*the past 12 months, according to new research.

The national average price reduction was 10%, but more than 40% of the*top 50 major metro areas saw average price reductions above 30%, the*report from San Francisco-based real estate search firm Trulia shows.

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