Here's a price reduction that happened today.

One Bedroom home in North Grover Beach on a 6500 sq foot lot. Was listed at $399,000, today it's $300,000. It is a short sale subject to lenders approval....

I should have looked at ALL the price reductions that happened today before writing about the one above. A Santa Maria home was reduced from $599,000 to $479,000, also a short sale. It originally listed in September for $689,000.