We’re seeing lots of price reductions now (112 in 30 days) without a rise in sales. Why? There is still so far to go. I noticed four more reductions this morning, two of which dropped the price a cumulative million bucks from each one’s asking price. In the case of one, that’s a third off the price. My reaction? They still aren’t worth what they’re asking. And if I feel that way, imagine what a buyer who’d be parting with cash, rather than mere theory, thinks. Going down?