Black Friday Discounts in Housing Market: Zillow reports steepest home price cuts in years, with the typical U.S. listing seeing $25,000 in cumulative price reductions in October. Berkshire Hathaway forecasts a shift in the housing market, with sellers adjusting expectations and offering discounts. The typical one-time price reduction is around $10,000, but repeated price drops are becoming more common. San Jose leads with average cuts of $70,900, while more affordable areas like Pittsburgh and New Orleans see bigger percentage savings for buyers. These changes are forcing buyers and sellers to rethink their strategies, offering opportunities in the fall housing market.
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