Coldwell tries 10-day housing sale

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A U.S. real estate brokerage firm asks its clients to cut their homes' listing price in the hopes of attracting buyers during a 10 day markdown sale. As the economy falters and housing inventory sits on the market, some homes are still overpriced, says Coldwell Banker's CEO Jim Gillespie. Manoush Zomorodi reports.SOUNDBITES: Jim Gillespie, CEO, Coldwell Banker


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