A report from Mansion Global on Colorado. "The luxury real estate market in Aspen, Colorado, is coming off a poor third quarter. While prices dipped annually, they plummeted almost 20% on a quarterly basis, according to Douglas Elliman. In the luxury housing markets across the U.S., 'the sense of urgency isn't there,' said Jonathan Miller, author of the report. 'It’s a real problem where sellers are anchored to a prior market, there’s a lot of aspiration pricing that's proving to be a drag on performance.' And Aspen is no exception, he said."

From The Leader News in Texas. "Price drops littered the figures in the most recent report from the Houston Assocation of Realtors (HAR). Home buyers in Garden Oaks, Oak Forest, Shepherd Park Plaza, and Candlelight Plaza were among the more aggressive September buyers according to HAR’s more recent report, showing a 28.6 percent uptick – from 42 to 54 – last month compared to September 2017."

"Accompanying the rise in sales, however, was a price drop across the board. YOY average home price dipped 9 percent (down to $414,413), while median home prices were down to $370,000 in the area – about a 6.3 percent drop."

From Mansion Global on California. "Los Angeles’s overall housing market has eased from the white hot sales and price growth recorded over the past two years. The cooling reflects a broad trend in the U.S. housing market, where home sales are still strong but declining, and inventory is rising, noted Jonathan Miller, chief executive of appraisal firm Miller Samuel."

"'The market is still moving very briskly, but you are seeing a noticeable slowdown in the pace of activity,' Mr. Miller said."

"That easing has been more pronounced among single-family homes. The median price of a luxury home in Los Angeles, defined as the top 10% of sales, fell 7.5% to $8.6 million in the third quarter compared to a year ago, while sales of such homes have slipped 16% over the past year."

From Curbed Los Angeles in California. "The lime-stone clad mansion in Bel Air owned by the late TV executive Jerry Perenchio just got a price cut. But at $245 million, the commanding French neoclassical residence, which measures 25,000 square feet, is still the most expensive listing on the open market in the U.S."

"The property, which came up for sale last year for a staggering $350 million, has long been the cream of the crop among high-end estates."