Recent Price Reductions Last week, in a new report from Zillow, it was revealed that there has been a rash of residential real estate price reductions across the country. Price Reductions Report According to the report: There are more price cuts now than a year ago in over two-thirds of the nation’s largest metros About 14% of all listings had a price cut in June Since the beginning of the year, the share of listings with a price cut increased 1.2% This is the greatest January-to-June increase ever reported, and more than double the January-to-June increase last … Continue reading...