Monday, September 14, 2009

Best place to haggle your home price? Florida

If you're a house hunter in Florida, prepare to haggle. The Sunshine State is the easiest place to negotiate a price cut on your new home. Of the 25 cities with biggest median discounts in August, 14 of them were in Florida, according to a report released Thursday by Zillow.com. But hurry, because negotiating a better deal is getting harder. Nationwide, buyers got a median discount of 3.3% -- or $7,039 off the last listing price -- on homes they purchased in July. But in June, the discount was 3.5%. Back in January, the median cut was worth 4.6%. The city where sellers offered the deepest price cuts was Vero Beach, Fla. Buyers there negotiated prices down by 10.2%, a savings of $23,500. Other Florida hot spots were Sarasota (8.2% discount), Naples (7.8%) and Daytona Beach (7.5%).

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