Houston sellers blinked: the biggest price cuts this week

Houston sellers are blinking. 3 active listings cut their asking price, totaling $15,425,500 shaved off original asks.

The largest percentage cut: 5624 Spindle, now $1,699,000 after a 90.0% reduction from $16,999,000.

1 of the 3 were originally over $1M. the high end is where pricing pressure is concentrated right now.

For buyers, these are leverage points. sellers who've already adjusted once are more likely to adjust again at the negotiating table.