Houston sellers blinked: the biggest price cuts this week

Houston sellers are blinking. 4 active listings cut their asking price, totaling $122,000 shaved off original asks.

The largest percentage cut: 4805 Canal, now $120,000 after a 45.5% reduction from $220,000.

Most of the cuts came from the mid-market, where buyers have been waiting out high asks.

For buyers, these are leverage points. sellers who've already adjusted once are more likely to adjust again at the negotiating table.