ASSUMPTION: a CRASH is 10% or more in a short period such as 3 days:We've been tracking the secret RedFin box "Price reductions"which was about 50 homes per day months ago,BUT hit over 1,250 PRICE CUTS in the last few,right after a YouTube/MSM 3 min. video went out,saying Vegas home decline 1st Time in two years!

But don't give it too much weight.

check out scotsman guide as they provide tons of info on lenders. you will see significant reductions as originations and refinances are going to crash - this is not saying there is a housing crash but # of transactions is going to drop significantly. 

If you are already over the number of allowed seller credits, just do a price reduction in the amount of the commission that was to be paid.

The internet is great and I love it, but getting acquainted with potential referral partners out in the "real world" is worth it's weight in gold when it comes to business networking, especially in something like real estate. 

We are starting to see some price reductions on listings that we're trying to push the envelope on pricing.

It certainly looks like the rate increases we've already had are already slowing demand for real estate in many markets, as evidenced by more days on market, inventory increases, more price reductions, etc.What do you think? 

From the Realtor.com data, here's Austin's Days-on-Market and Price Reductions.

You could/should file a petition for a reduction if what you are paying is a hardship, doesn't mean the judge will award it but take a look at the Illinois CS calculator and see what it says. https://www2.illinois.gov/hfs/ChildSupport/parents/Pages/ChildSupportEstimator.aspxhttps://www.illinoislegalaid.o...What you are paying could be appropriate, based on Illinois law, depending on how many children you have, how much time they are with you and how much the mother earns.

I personally would not buy a flip or any investment property in any market in the US without planning for a 10-15% price reduction when it comes time to sell it based on current comps.