Are they euphoric because days on market is very low and there is hardly any price adjustments or are they optimistic but willing to capitulate to reality because days on market are long and multiple, sizeable price reductions have occurred repeatedly in the neighborhood?

We recently appealed our property tax value, we were successful which lowered our tax due by $8,000/yr.  What impact should that have on the value of our commercial property (retail building)?  Thanks.

It makes sense to not include the principal in the calc because that money is really going to me as principal reduction. 

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My wife's a realtor, and from what she was hearing from the banks, they have specific guidelines for pricing properties and when to do price reductions. 

I know the reduction in price might seem a little more attractive but keep your capital and allow your tenant to take care of the monthly cost.   

Two price reductions and I own two houses and have two mortgages.

Clearly there are variables to each but I can tell you that you will never find a 40% reduction on price on anything on market.

After 3-4 years my prayers were answered and I received a principle reduction with a loan mod at 3% for 40 years.

I would imagine it would be quite painstaking to individually parcel out each type of contingency on each property to put it aside in a separate account, and I would also imagine that there would be some sort of overall risk reduction with each additional property you buy, but I was not sure how to account for it.I want to be sure to balance the appropriate amount of funding needed in case of issues/vacancies on the properties, but also didn't want to have idle cash sitting around not being put to work.Thanks in advance!