America's most stubborn home sellers

Homeowners in certain cities are more likely to quickly reduce their price than others. And where are the sellers most resistant to price reductions? New York City, of course. FORTUNE -- Just how low could home prices go in your town? Despite the fact that rents are now higher in many cities than monthly mortgage [...]

Source: http://finance.fortune.cnn.com/2011/04/05/americas-most-stubborn-home-sellers/

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