News

Price reductions soar in the Bay Area as home sales plunge

August 29, 2022/

Red and white "Home for Sale, Price Reduced" sign in front of a stone, wood house that is for sale. Green grass and bushes indicate the spring or summer season. Front porch and windows in background. Real estate signs in residential neighborhood. Moving house, relocation concepts.
The Bay Area housing market continues to cool, with new data from Compass showing that price reductions in the region are up nearly 200%.
Tessa McLean, SFGATE


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