Stan,
Agents/Sellers are always fiddling with prices. Given the time of year this is when you’d expect people to adjust their expectations. The truth is its not the quantity of reductions but rather the size of them. I review a hot sheet everyday and when i’m scanning I try to find big price drops. The housing market doesnt move in unison and its about finding one or two good deals at any given time. Finding the person who is truly motivated to sell and willing to step out of line. Or better yet finding someone who made a big mistake in pricing when no one else is looking.
To your point, prices are working their way downward.
