A report from the Union Leader in New Hampshire. "The state’s red-hot housing market may be cooling a bit, according to the head of the New Hampshire Housing Authority. 'The current market, I think, is showing a little bit of slowing in sales activity, but I think that’s related in part to inventory,' said Executive Director Dean Christon."

"Rick Herrick, a loan officer at PrimeLending in Bedford and past president of the Mortgage Bankers and Brokers Association of New Hampshire, called it 'a slowdown.' Properties that would attract five to 10 offers last year now are receiving two or three, he said. 'It’s gone from a 'completely sellers market into what I call a healthy real estate market,' Herrick said"

"Cheryl Young, senior economist at Trulia, said home sales nationally are 'starting to flatten or go down nationally.' Young said a survey of millennials indicated 86 percent said they planned to buy a home in the next two homes, but that generation also is juggling student loans. 'They are really saddled with a lot of debt,' she said."

The Buffalo News in New York. "Financial services have been the backbone of the Buffalo Niagara economy for the past four years – at least when it comes to banking and insurance. But that growth was the slowest in three years, partly because of a puzzling decline in activity in the local real estate market. The federal data showed that local real estate, which includes housing and commercial space, dropped by 6.4 percent last year – even though local housing prices are rising at their fastest pace in more than a decade and hitting record highs."

"Gary Keith, the regional economist at M&T Bank in Buffalo, expects the real estate figure to be revised upward when updated data is released next year, but until then he's perplexed by the reported decline. 'I'm beating my head about it,' he said."

"The construction data is even more puzzling. The federal data says that construction activity fell to its lowest level since at least 2001. That's even lower than during the Great Recession and 20 percent less than the region's construction activity during 2002. Keith finds it hard to believe that building activity here is at its lowest level in at least 16 years."

"'It just doesn't feel right,' he said."

From WRIC in Virginia. "Movement Mortgage, a mortgage company that employees thousands of people nationwide, some based in Virginia, announced on Thursday it will eliminate 180 positions. Created in 2008, Movement Mortgage provides people interested in buying a home an online platform to apply for a loan and connect with a loan officer at the company."

"Movement Mortgage's CEO Casey Crawford released a statement on the decision: 'This was a very difficult decision because it affected teammates we love. We are incredibly grateful for their contributions. We believe we’re taking the necessary steps to continue to provide outstanding service for our customers, loan officers and communities long-term by adjusting to the reality of the mortgage business today.'"

"According to its website, the company has over 4,000 employees working in more than 650 locations across 47 states. The company also cited a drop in the volume of loans this year compared to previous years, The number of loans also failed to meet the expectations that were predicted, according to Movement Mortgage."

"'Mortgage origination forecasts for 2019 have recently been revised lower in light of higher interest rates, low housing inventory, rising prices and softening demand among other things,' the release sent to 8News stated."

The Charlotte Observer in North Carolina. "Movement Mortgage said Thursday it is laying off about 180 employees nationwide, including more than 70 in the Charlotte region, the latest instance of the lender trimming staff while citing slowing business. The decision was based on a nationwide downturn in the housing market, Movement said."

"Besides Indian Land, employees affected by Thursday’s announcement work in Norfolk, Va.; Tempe, Ariz.; and Richmond, Va., Movement said. Affected positions involve multiple operations and support functions, the company said. It’s at least the third round of layoffs at the company this year."

"In May, Movement said it was laying off 100 employees nationwide, including 18 in the Charlotte area. And in February, it quietly laid off employees at its headquarters and other offices across the U.S., a decision Movement said affected about 75 people in operations roles."