A report from the Washington Post. "While home sellers may enjoy the feeling of having the upper hand in the local housing market, buyers have been frustrated for several years by the limited number of homes for sale, rising prices and heavy competition from other buyers. Prospective buyers may feel somewhat less pressure this fall in Northern Virginia, where the market appears to be stabilizing a little.

"'The housing market is strong throughout the D.C. area, especially in the city and Prince George’s County, but we’re beginning to see some early signs that it’s starting to transition to a more-balanced market,' says David Howell, executive vice president of McEnearney Associates in McLean."

"Howell anticipates a moderation in price appreciation, not a downturn, as well as increasing inventory that will result in a balance of power between buyers and sellers."

"'Other areas of the country are starting to see a balanced market, and I think that will trickle to our area, too,' says Jennifer Halm, a real estate agent with Compass real estate in Alexandria."

"'Even though there’s competition, sellers need to realize that buyers aren’t biting on everything and they especially won’t bite on something that needs updates,' says Halm. 'Buyers are more value-conscious and more educated than ever, and they won’t overpay for a house.'"

From Inside NOVA. "A relatively ugly month of September, sales-wise, for the Northern Virginia market. A total of 1,427 properties went to closing across the region, down nearly 12 percent from a year before, according to RealEstate Business Intelligence, based on data from Bright MLS."

"While the city of Alexandria recorded a year-over-year increase in sales, the other localities in the report – Arlington and Fairfax counties and Falls Church and Fairfax cities – saw double-digit declines. Though inventory remains tight, buyers are not rushing to pull the trigger to purchase right now, said Gary Lange, managing broker of the Vienna office of Weichert, Realtors."

"'Buyers are looking for move-in-ready homes with all the bells and whistles,' Lange said. 'If a home isn’t in tip-top shape, it is sitting. Sellers are trying to get top spring-market prices, and that just isn’t going to happen in fall and winter months. Sellers need to temper their expectations and be willing to do necessary updates to compel buyers to look at their property as 'the home of choice.'"

The Brown Daily Herald on Rhode Island. "The Superman building has some competition as an icon in the city skyline if New York developer Jason Fane receives approval to build the Hope Point Tower, a 46-story luxury apartment building proposed for downtown Providence."

"Some residents question if there is a market for the luxury apartment complex in Providence. A feasibility study by New Jersey-based Real Estate Solutions Group found that Fane will have to price the luxury apartments at higher than typical Providence rates to make a profit, which suggests that Fane might struggle to find tenants and get a return on his investment."

"Professor of American Studies and Urban Studies Samuel Zipp also questioned whether downtown Providence can support multiple luxury apartments. 'In the end, it wouldn’t be the end of the world if the tower is built, but I also wonder if it might never get built even if it were approved,' Zipp wrote, describing the project as an 'over-the-top scheme' and 'obviously out-of-scale' with its surroundings."

"'We have a silly history of falling for moon-shotty, one-size-fits-all ideas in economic development when a more human-scaled, gradual and achievable program would be much more successful — if only it could find funders and political sponsors,' Zipp wrote."

From Realtor.com. "Kyrie Irving is one of the NBA's brightest stars. But his real estate game definitely needs work. After being traded to the Boston Celtics from the Cleveland Cavaliers in 2017, the 26-year-old point guard placed his home in Westlake, OH, on the market for $1.7 million last fall. With no buyers taking a shot, the price dropped in July 2018 to $1.17 million."

"In the end, Irving got posterized—the home sold in early October for the much, much lower price of $755,000. Not only did Irving fail to get anywhere close to ask, he didn’t even break even. The five-time All-Star purchased the upscale abode in 2014 for $800,000."

"On the other hand, given that the athlete is long gone, we’re guessing he was a very motivated seller."

"It’s also not clear why Irving thought he could double his money on the home just three years after he bought it. The area, while certainly nice, isn't exactly a million-dollar home market. According to realtor.com®, recently sold homes in Westlake have a median listing price of $325,000, and a price per square foot of $113."

"And of the 368 homes sold in the home's ZIP code over the past six months, only eight sold for a higher price than Irving’s listing."