Things To Know About Price Reductions

Price reductions are normal: It’s normal to see more price reductions from the summer through the fall season. The danger is it’s easy to observe normal trends through a doom and gloom lens. The issue is demand changes from the spring and there is less attention from buyers as people are focused on school, vacation, and getting into a fall rhythm. It then takes sellers a bit to adjust their expectations and find proper pricing in a cooler market.

Source Link

http://sacramentoappraisalblog.com/2021/09/14/price-reductions-dont-mean-the-market-is-crashing/