Nearly Half of the Homes on the Market in July had Prices Cut, According to ZipRealty

EMERYVILLE, CA – August 6, 2010 – (RealEstateRama) — The number of price-reduced homes on the market increased 5.3 percent in July as compared to June, according to a monthly review of MLS-listed properties within 26 of the country’s largest housing markets conducted by the national online real estate brokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR)