Number of Price-Reduced Homes on Market Rose 24 Percent in September from 2009, According to ZipRealty’s Monthly Price Reduction Index

EMERYVILLE, CA – October 7, 2010 – (RealEstateRama) — The number of price-reduced homes on the market this September increased dramatically compared to the same time last year, rising 24.2 percent according to a report issued by national real estate brokerage ZipRealty (www.ziprealty.com; NASDAQ: ZIPR).