A report from Multi-Housing Pro on Colorado. "Average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in rent decreases during the third quarter, according to the Denver Metro Area Apartment Vacancy and Rent survey."

"'The Denver community has debated how best to provide attainable housing, and the good news is that the market is sorting this out,' said Mark Williams, executive vice president of the Apartment Association of Metro Denver. 'One of the best pieces of news coming out of this quarterly study is that there are still plenty of apartments renting for less than $1,000 per month. In fact, the study shows that there are an estimated 29,051 apartments in the Denver metro area that rent for $1,000 or less.'"

"'For average rents to decrease in the third quarter is unusual. For them to drop in the third quarter for three consecutive years is exceptional,' said Teo Nicolais, a Harvard Extension School instructor who specializes in real estate. 'Developers today face labor shortages, higher construction costs, and tighter lending standards, which are putting the brakes on new apartment supply. The only other time Denver recorded three consecutive years of third-quarter rent declines, Ronald Reagan was President and average rents in the city were $396.'"

The Daily Camera in Colorado. "After two years of double-digit increases resulting in record high rents in 2017, the market throughout Boulder County has finally begun to level out thanks to a large influx of newly constructed housing."

"The question is how long this trend will continue before rents skyrocket again. For the time being, real estate brokers feel they've found a happy medium that could last for several years."

"'The inventory is starting to catch up with demand so my prediction is that we'll start to see things get back to more of a normal pace,' said Bob Danos, the owner of PML Inc., a property management firm in Longmont. 'There's a risk that we could oversaturate the market and cause prices to drop, but I don't see an excess of construction in the future. I think the scenario we're dealing with right now is that we're building at a controlled pace where we'll be able to maintain our demand.'"

"During the next three years, according to the Department of Housing and Urban Development, the estimated demand for rentals in the Boulder County area is 2,325 new market-rate units. With 950 units either recently completed or under construction, that demand will be met for the first year and most of the second year, especially with CU's push to house 40 percent of the student body on campus, including a new 575-bed dormitory in the Williams Village area that is expected to open for the 2019 fall semester."

"Currently, the average rent for a one-bedroom in Boulder County has stabilized at roughly $1,550 per month. Sam Radbil, a communications manager with the real estate research firm Abodo, said that cost is the new norm for major cities, especially those encompassing college campuses. 'The days of finding an apartment for $1,000 in a big city are long past,' Radbil said."

From The Real Deal on New York. "Justin Timberlake and Jessica Biel have once again slashed the price of their Soho penthouse. The Soho Mews home is now listed for $6.35 million down from their initial asking price of $7.99 million, the Daily Mail reported. The couple paid $6.5 million for the unit in 2010."

From Curbed Hamptons. "We’ve covered the fun-loving mansion at 23 Luther Drive in Water Mill several times in the past, from when it went on the market for $13.9 million back in 2016, to when it received a $1.25 million price cut last summer."

"After more than two years on the sales market, the 10,000-square-foot home has just come down in price again and is now asking $9,995,000. This is the first time since becoming available for sale that the home is under $10 million."

From Mansion Global on California. "British pop star and boy band darling Harry Styles discounted his Los Angeles home Tuesday, cutting half a million from the asking price. The price tag on the modern property, tucked away behind gates above the Sunset Strip, now stands at $7.49 million, listing records show."

"Mr. Styles bought the home in 2016 for $6.87 million through a limited liability company linked to his business manager in the U.K., property records show. He first tried to part with the house last May for $8.49 million and discounted it for the first time in February."

"During his ownership, he made a few contemporary tweaks to the home, Mansion Global previously reported, including putting down white flooring throughout the kitchen, galley bar and living spaces, and painting the media room in black."