Housing markets across much of the U.S. are cooling, with many sellers resorting to the unthinkable: Cutting prices.
San Francisco hasn’t gotten the memo.
Nearly 17% of U.S. home listings in August had a price cut, the highest share for that month since at least 2012, according to a new report from online real estate brokerage Redfin. But that was true of just 12% of homes in the San Francisco metropolitan area, which the firm defines as San Francisco and San Mateo counties — the third-lowest share among major U.S. metros, behind New York and Newark, N.J…