The Gulf Shores market seems to be relatively stable while recently "hotter" markets such as here in Austin have seen a drastic reduction in ADR. 

The double lot, Ok that is unforeseen, Water not a big deal, if there are leaks you fix them, and simply get a price reduction for a couple K.

My realtor suggested $379K and seller to pay all closing costs, but not asking for both a price reduction and closing costs.

On a practical basis over the last six recessions, only twice have we seen price reductions. 4.

So, if interest rates are a buyer’s primary reason for staying on the sideline, I recommend seeking opportunities to negotiate a reduced interest rate from a seller or looking at new construction, where builders are offering rate reductions and other substantial incentives.

Again, the reduction in ROI is due to low inventory and the continuing upticks in buyer demand.

Hi @Michael Morelli, we’ve also seen a reduction of booking and viewings over the last year in Cincinnati, OH due to increased inventory.What we have done is look at the competition, implement a more robust pricing strategy, and our most effective is to agitate the listing as often as possible!

It provides so many advantages that you can cash flow and still deduct on paper a tremendous reduction to your W-2 income.  

A "health specialists" can claim incredible weight loss and energy if you buy and take their supplements for years but then they just turn out to be sugar pills or something else when they get exposed.

I would've rather had the $8k they cost the seller as a price reduction.