Kevin J. May, Serving the Treasure & Paradise Coasts of Florida (Florida Supreme Realty)

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1,597,323
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Very consistent pricing and no big reductions.

Dec 03, 2018 02:48 PM
Rainmaker
673,402
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Rum, eggnog, price reductions. Delish! No, not seeing them here. Yet. Will find out how the winter went by the end of next month. I'm sure the sales will be about 10% lower than summer.
PS. Seller motivated, price is firm! 😈

Dec 03, 2018 02:25 PM
Rainmaker
2,270,841
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Minor drops on a few listings. The majority of agents here market price homes upfront to avoid having inventory sit on the market unnecessarily.

Dec 03, 2018 03:15 PM
Rainmaker
5,221,203
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

December is a time of great opportunity for home buyers.

Dec 03, 2018 03:11 PM
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4,007,266
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

I hope it works for them, must have been a poor showing for Black Friday.

 

Dec 03, 2018 02:59 PM
Ambassador
2,341,339
Fred Griffin presently on Leave of Absence
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 "New price" and "Reduced price" on a few OPL's.   But nothing like 20 to 30 percent.

Dec 03, 2018 02:46 PM
Rainmaker
529,865
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

I have not seen reductions of that magnitude in my neck of Santa's woods!

Dec 03, 2018 02:32 PM
Rainmaker
3,214,272
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Nothing new to report. Tis the season.

Dec 03, 2018 02:15 PM
Rainmaker
2,414,615
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The retailers are playing it smart & pricing everything low to go in volumes & through mass production reap many rewards & profits. So far, so good

Dec 03, 2018 02:08 PM
Rainmaker
2,938,584
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Good one, Kevin. I'm seeing reductions but certainly not in the 20-30% range.

Dec 03, 2018 01:52 PM
Rainmaker
2,755,067
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

We are experiencing price reductions in my market as well. 

Dec 03, 2018 08:02 PM
Rainmaker
996,103
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

I have seen some reductions but not 20%-30% 

Dec 03, 2018 07:52 PM
Rainmaker
4,431,606
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I have not seen it.

Dec 03, 2018 04:01 PM
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3,150,064
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

I'm seeing nothing this severe in our market but, we are seeing more reductions than in recent years. I think that it's primarily a result of sellers (and their agents too) trying to continue to push the envelope on sales prices.

Call it greed, call it whatever. If priced right, there are buyers on the prowl - even in December!

Dec 03, 2018 03:50 PM
Rainmaker
1,552,896
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I only shop at Menards Kevin J. May and I have not seen anything that made me drop everything and head to the store.... yet. 

Dec 03, 2018 02:55 PM
Rainmaker
4,276,728
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kevin,

Love your favorite, and I have not seen it here, but I have not been paying attention to that. A

Dec 03, 2018 01:59 PM
Rainmaker
976,408
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Silicon Valley, CA

Top school very desirable neighboorhood lost -12% from Mar to Nov 2018. Avg price is back to Oct 2017; Sold/asked dropped from 120% to 104%, # offers dropped to few from a lot.

Avg school and 30+ min commuting lost -10% from Mar to Nov 2018. Avg price increase is 1% YTY; Sold vs asked dropped from 110% to 102%. No of offers is just a few.

Dec 03, 2018 08:27 PM
Rainmaker
641,900
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

We are seeing numerous price reductions but less than 10%.

Then there is the listing that started at $198,000 with the nearest comp being over $400,000. That property was increased to $298,000 two days later. A blatant attempt to create a bidding war in a market in which there are no longer bidding wars.

Dec 03, 2018 07:50 PM
Ambassador
3,898,099
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

We are seeing more price reductions but not nearly that significant

Dec 03, 2018 06:55 PM
Rainmaker
4,001,944
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Not really seeing huge price reductions here, unless they were wildly priced in the first place.

Dec 07, 2018 07:29 AM
Rainmaker
3,038,627
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Wow, not seeing that yet.  hope it happens soon here.

 

Dec 06, 2018 10:25 AM
Ambassador
2,844,656
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

not reductions.  we're in a tight inventory seller's market.

Dec 04, 2018 09:25 PM
Rainmaker
1,410,163
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL
www.SIBRealty.org 305-931-6931

As soon I go shopping let you know.

Dec 04, 2018 07:40 PM
Rainmaker
983,722
Valeria Mola
SIB REALTY - Sunny Isles Beach, FL
305-607-0709 SIB Realty

Was not shopping from November 21. :)

Dec 04, 2018 06:48 PM
Rainmaker
3,975,320
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

10 off of 25

10 off  75

25 gift card and get a 5

all kinds of BOGO offers

Dec 04, 2018 06:37 PM
Rainmaker
488,764
Steven Nickens
Elite Pacific Properties Maui - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Not on Maui.

Dec 04, 2018 05:51 PM
Rainmaker
1,204,273
Ryan Huggins - Thousand Oaks, CA
www.HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Some reductions, but not in that percentage range.

Dec 04, 2018 09:40 AM
Rainmaker
4,796,409
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Sellers (and agents) are getting anxious.

Dec 04, 2018 06:49 AM
Rainmaker
719,481
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

What's annoying is when you buy something at say 50% off and think it's a great deal only to learn in the next few days that the same item is not 60 or 70% off.

Dec 04, 2018 05:40 AM
Rainmaker
4,832,522
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

we've been experiencing price adjustments for several months.... sellers are understanding there has been a correction in the market....they need to be at market price!!

Dec 04, 2018 05:33 AM
Rainmaker
737,601
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Sellers are patient and waiting for the Snowbirds, then the Spring Training, then the vacationers , then the move before school starts. With nearly 350,000 new residents a year, Florida sellers would not be described as impatient.

Dec 04, 2018 05:06 AM
Rainmaker
2,856,315
Richard Weeks
Dallas, TX
REALTOR®, Broker

We are seeing more and more price reduction; however, not in those % ranges.

Dec 04, 2018 04:55 AM
Rainmaker
3,133,329
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not seeing price adjustments anywhere near 20-30% on real estate. The stores are a different story!

Dec 04, 2018 03:44 AM
Rainmaker
1,132,664
Joyce Marsh
Regal | Christie's International Real Estate - Orlando, FL
Regional Manager Regal Christie's Int'l Realty

I’m seeing price adjustments but not that high. 

Dec 04, 2018 03:36 AM