A report from the Denver Post in Colorado. "Home sales aren’t just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country. Year-over-year single-family home sales in September were down 15.8 percent in Adams County, 17.8 percent in Arapahoe County, 10.3 percent in Boulder County, 11.9 percent in Denver, 16.4 percent in Douglas County and 25.6 percent in Jefferson County, according to the CAR report."

"But the state’s other metro areas weren’t immune. Single-family home sales fell 26.7 percent in Pueblo County, 17.2 percent in El Paso County and 18.8 percent in Mesa County. Fort Collins and Greeley held up better, with a smaller 4.4-percent drop in Larimer County and 7-percent drop in Weld County."

"'A decade’s high mortgage rates are preventing consumers from making quick decisions on home purchases,' Lawrence Yun, chief economist, said in the report."

From My Edmonds News in Washington. "In Seattle, inventory has increased 101 percent compared to the third-quarter of 2017, the report notes. Michelle Van Tassell, principal managing broker for Coldwell Banker Bain’s Edmonds and Lynnwood offices, said that while Snohomish County hasn’t experienced the same jump in inventory as its neighbors in King County, it did post double-digit percentage inventory increases over the same quarter last year."

"These included a 31 percent rise in inventory in Everett, 67 percent in Edmonds, and 75 percent in Lynnwood. Marysville inventory, by comparison, decreased 1.7 percent. 'We are encouraging sellers to be realistic about pricing considerations and proactive in preparing their homes for market. Our buyers who may have been priced out just a few months ago are finding they can take a bit more time to explore housing options, while still structuring strong offers for a competitive field,' said Van Tassell."

"According to the report, the average selling price for a home in Edmonds in third quarter 2018 was $712,000. That’s a slight decrease from the $737,000 average sales price reported in second quarter 2018. In Lynnwood, the average sales price was $544,000, also a decrease from the $581,000 average price in the second quarter."

"Overall, inventory in Snohomish County was 38 percent higher in third quarter 2018 compared to the same time in 2017, the report said. Both of those were above the third-quarter average sales price of $528,000 reported across Snohomish County."

From MarketWatch. "Existing-home sales ran at a seasonally adjusted annual rate of 5.15 million in September, the National Association of Realtors said Friday. That was a 3.4% decline for the month, and the lowest pace of sales since November 2015."

"The Realtors blamed another stagnant month in the housing market on rising mortgage rates, higher prices and the supply stranglehold. But it’s also likely that many would-be buyers are dropping out of a market that’s become too competitive, expensive and unsatisfying, especially as conditions in the rental market ease up. The national median rent declined compared to a year ago in September, Zillow said Thursday. That was the first yearly decline since 2012, and reflects a glut of supply, with more to come."

"'Recent sluggishness seems increasingly driven by softer demand from would-be home buyers in the face of two emerging trends: falling rents and rising mortgage interest rates,' said Zillow Senior Economist Aaron Terrazas. 'It all adds up to a situation in which supply-side factors are becoming less critical in driving home sales as they give way to softening demand. There’s still a lot of energy left in the housing market, but the rapid rise of the past few years has clearly begun to level off.'"