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Update
20 New listings 30 price reductions
Average reduction 41,000, median reduction 43,000.
In my immediate neighborhood, there are now 5 listings, 4 of which have been on the market for at least 90 days.
I remain convinced that Case Shiller is really going to start to dip in the next couple of months.
Reduction Amounts: 55,000 30,000 25,000 30,000 60,000 7,000 10,000 30,000 20,000 50,000 30,000 50,000 50,000 20,000 10,000 40,000 50,000 50,000 55,000 52,000 25,000 45,000 50,000 20,000 45,000 150,000 60,000 30,000 45,000 25,000