Wondering exactly what is going on in the real estate market at this time, as a seller and a buyer, well get a load of this news. Research shows that out of every five houses on the market, two sellers will find they must lower their asking price in order to sell. Good news for sellers is that last year at this time, the average amount of the decrease was higher than it has been this year. However, those major cities that were able to resist this kind of impact up until know, and had been called exempt are now facing the same issues as those in smaller places with less demand.

Experts are saying in light of the continued economic uncertainty, and difficulties that exist in obtaining funding there is not expectation that things will change for the better. In fact they are forecasting more woes for the 2012 year. The result being that those homeowners that are serious in selling will face a serious struggle not to be forced to drop their prices, and to do so substantially. Where it will all end nobody seems to know.