A report from WKRN on Tennessee. "There's more good news for everyone looking to buy a home. There are almost 25 percent more homes for sale in Nashville than there were a year ago. 'Homes are tending to sit on the market a little bit longer than they used to particularly at that high end of the market. At the same time, I think there is this sense in the air among home sellers that, now is the last opportunity to sell before the housing market starts to slow down,' said Aaron Terrazas, Director, Economic Research."

"And prices are already starting to fall. Terrazas said, 'If you think about what sellers have been doing the past couple of years, it's just been such a market in their favor that they've been able to list at pretty much whatever price they want, and the market seems to take it. Now that's starting to show up in listings with the price cut. They're starting to come to terms with market realities.'"

From KRON on California. "Mortgage Consultant Chris Hudson with C2 Financial in Walnut Creek says in recent months, the housing market has shifted in the buyer's favor. 'Sellers are lowering prices, maybe $30,000-$40,000 below where they want,' Hudson said. 'In order to create a buying frenzy to then bid the price back up to what they originally had in mind in terms of, of a sales price.'"

The Arizona Daily Sun. "After a record number of housing sales earlier this year, the Flagstaff market seems to have shifted substantially as the number of houses sold in town is down for the fourth consecutive month. During the month of October, there were 109 houses sold, which is 11 percent fewer sales than October 2017, according to data gathered by Stephen Brighton of Century 21 Realty."

"This drop comes after a similar reduction in September and the whole third quarter of this fiscal year. In September housing sales were down 38 percent, and sales were down 16 percent throughout the third quarter."

"'Every time the interest rate goes up, it reduces the buyer’s purchasing power,' said Jessica Garard, a realtor with Re/Max Peak Properties. Garard also pointed to the issue of housing inventory as another potential reason for the lack of sales, especially in the price range of under $400,000."

"At the moment, there are only about 77 single family homes under that price, and Garard said at least 40 percent of those are likely still under construction."

"By the end of June, for example, the number of houses for sale in Flagstaff reached its height at 640 on the market. However, the number has come down since then to 605 at the end of September, according to Century 21 Realty's website. This is still well above the lowest point this year, when there were only 395 houses on the market in January."

"But that low number of houses on the market earlier this year didn’t stop a record-breaking number of housing sales for the first quarter of the fiscal year, which is normally the slowest time for the housing market. This may have been in part due to a dryer winter and concern on the part of buyers that prices would go up as the year went on."

From Crain's Chicago Business in Illinois. "Developers are the life of the real estate party, grabbing all the attention by taking bold risks and building swanky high-rises. But they can be unwelcome guests, spoiling the fun for everyone else by building too much. When real estate booms end, overbuilding is often the culprit. Demand for space falls as supply soars, pushing vacancies up and rents down."

"That has yet to happen in the Chicago area, and broadly speaking, there are few signs of major trouble on the horizon. But the risks posed by overbuilding are rising, depending on the property type and location. The South Loop apartment market is getting especially crowded, and downtown office landlords could feel the pinch if developers kick off new office towers anchored by Salesforce and BMO Harris."

"During the last real estate boom, residential developers got carried away with condominiums. It didn't end well. This time around, they're going gaga over apartments. Developers have built more than 15,000 apartments in downtown Chicago over the last five years, with an additional 8,400 on tap for 2019 and 2020, according to Integra Realty Resources."

"With so many apartments opening over the next two years, rent growth may flatten out, but don't expect a major glut, says Integra Senior Managing Director Ron DeVries. Still, that outlook could change if the economy falters. And overbuilding is a concern in one neighborhood: the South Loop, where developers will complete 2,200 apartments in 2019 and 2020 on top of 650 this year."

"The biggest project there, Nema Chicago, a 76-story, 800-unit skyscraper at the southwest corner or Grant Park, opens in the spring. 'That's going to be a very competitive market for the next 12 to 18 months,' DeVries says."