As high mortgage rates continue to influence the housing market, an increase in home sellers reducing their asking prices marks the highest level of price cuts in 18 months. Amid market adjustments, the median sale price still hit a record high this week, according to a Redfin report, pushing more potential buyers out of the market. With 6.4% of listings nationwide seeing price reductions — the most since November 2022 — and the median asking price dropping by roughly $3,000 last week, experts predict a potential softening in sale-price growth. The shift comes as high borrowing costs persist, …