all the online clickbait about huge reductions is in higher priced homes. 

Hardly “coming online fast” it continues to hover at a 3 months supply, when six months is considered balanced.https://www.movoto.com/las-veg...Seattle new listings are down 10% and there’s less than a 2 month supply of properties  https://seattlebubble.com/blog...There’s so much recency bias that people are seeing a reduction from massive growth to just fast growth as a crash.

I can list your home for $800,000 knowing full well it won’t sell for more than $729k just to get the listing, then after a few weeks, agent explains to seller, “the market has spoken, no offers and everybody is giving us feedback the list price is too high”, then they get the price reduction.

You have a right to all monies payed to current owner to be forwarded to you with no reduction to include any prorated rent if you are closing in middle of mth and all dep $.

I also was not happy about paying out 10% of my income to CA income tax so CA could transfer that wealth to the highest paid Gov employees in the U.S. and their fat cat 6 figure pensions.

How much of that is principle reduction monthly?  

Apologies -- I'm definitely one to fat finger stuff on my phone too.

The house had been on the market a long time with several price reductions went SP then fell through. 

If I could find an investment that could beat a 25% instant reduction in expenses (which I consider to be an ROI) that consistently, I'd definitely want to invest in that!

The market has cooled off  and I see a lot of price reductions and more inventory on the market.