Housing Watch: Fresno housing market seeing slower sales, earlier price cuts

Home sellers in the Fresno area are getting quicker feedback from the market, with price reductions happening within weeks if buyers view properties as overpriced.

Realtor.com Senior Economist Joel Berner said sellers are increasingly adjusting their expectations early in the listing process.

“Yeah, so we’re seeing actually a little bit earlier than most people might anticipate, kind of in the four or five week range is when price cuts start,” Berner said…

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