For those who sense a changing market, here is some evidence to support your case – from Zillow (click for full image):

San Diego Metro-1

You can probably figure some seasonality into the ‘Listings with Price Cut’, but as the frenzy started building you can see how the need for sellers to lower their price diminished.

Now the percentage has doubled in the last 6 months:


Or could more sellers be reading bubbleinfo.com?

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