A report from the News Tribune in Washington. "When Seattle has more homes for sale, that’s good news for those also looking in Pierce County. It also means home prices are starting to go down even more. Northwest Multiple Listing Service released September home sales data Thursday, and they showed a 78 percent year-over-year gain in inventory in King County. 'In the South Sound, the market has shifted into neutral and is idling at the moment,' said Dick Beeson, principal managing broker at RE/MAX Professionals in Gig Harbor."

"John L. Scott Real Estate, in its market analysis sent to The News Tribune, said 63 percent of sales activity in Pierce County is in various price ranges up to $500,000. 'There is an extreme shortage of unsold listings up to $350,000,' according to the analysis. 'In the $350,000 to $500,000 range, the market has moved from an extreme shortage to a shortage of unsold listings.'"

From MarketWatch. "After more than six years of tight supply and surging home prices, the third quarter of 2018 has been a turning point for the housing market in many major West Coast metro areas. In these areas, the number of homes for sale has increased dramatically from a year ago, according to Redfin."

"San Jose, California experienced the largest year-over-year supply increase across 170 U.S. metros for the four-week period ending September 30. In San Jose, the number of homes for sale was up 86.7 percent compared to a year earlier when just over 1,200 homes were on the market. Five other West Coast metro areas were at the top of the list of the biggest increases in the number of homes on the market: Seattle (53.9%), Oakland (28.9%), Portland (27.5%), San Diego (26.8%), and San Francisco (22.5%)."

"San Jose and San Francisco experienced double-digit increases in the number of people listing their homes for sale in addition to a drop in the number of homes sold. 'We are seeing sellers who recently purchased their home putting it back on the market, sometimes without ever moving in,' observed Tina Mancebo, a Redfin agent who works with sellers in San Jose."