A report from KIRO 7 in Washington. "Freddie Larsson is feeling the softening of Seattle's real estate market. He's selling a townhome in Queen Anne after his family moved to a larger place. 'We were putting it on the market and thought we would get three, four, five offers in the first few days, but it's slowed down a little bit,' Larsson said."

"Seattle-based Redfin predicts the city's market slowdown could intensify once Amazon announces its second headquarters in the city. 'We think there's going to be a significant impact on the housing market,' said Redfin Chief Economist Daryl Fairweather. 'We estimate if just one in 20 Amazon employees put their house on the market, that would lead to 100 more listings. That's a 10 percent increase of how many listings we see now.'"

"Fairweather expects the pace of Amazon hiring will be much swifter at HQ2, with less new hiring here. 'We hear from our Redfin agents that buyers have actually postponed their decision to buy until they find out where HQ2 is going to be, because maybe they'll want to leave. And we heard from sellers that they're nervous about when to sell, do they want to sell now or later, because of that same decision,' Fairweather said."

The Colorado Springs Gazette. "Colorado Springs-area home prices rose again last month. Other key points in the October report include: Home sales totaled 1,320, a 7.8 percent, year-over-year decline and the eighth straight monthly drop in sales. The supply of homes for sale totaled 2,374 in October, up almost 23 percent on a year-over-year basis."

"Rick Van Wieren, a real estate agent with Re/Max Properties in Colorado Springs, said the overall single-family housing market remains 'super healthy.'"

"Yet, the 1.8-month supply of homes for sale is 'well below what is typically termed a normal market,' Van Wieren wrote. One result of the tight inventory: a 'growing disparity' between the median list price of homes for sale and the median price of properties that actually wind up selling, he said."

"'This could point to a new affordability gap at the low end of the market,' Van Wieren said. 'As more affordable homes become scarce, buyers may be finding it more difficult to purchase the homes that are actually for sale.'"

"The situation, however, isn’t a crisis, he said. Homes continue to sell even as mortgage rates have risen, Van Wieren said. And in some cases, sellers have recognized that buyers might have less purchasing power and therefore are dropping their asking prices — although sellers continue to have the upper hand for the most part, he said."

"'This market is still very much a seller’s market,' Van Wieren said."

The NPR on Oregon in Colorado. "Sara Murawski graduated right before the Great Recession. When home values plummeted, she couldn't afford to take advantage of lower real estate prices. By the time Murawski could save for a down payment, prices were increasing rapidly."

"She wasn't the only millennial who had delayed home-buying. Everyone was entering the market at once, and there weren't enough houses to go around. The fierce competition for homes drove prices up — and kept Murawski from wading in to the market."

"Lawrence Yun, chief economist at the National Association of Realtors, says that homeowners were profiting from the booming market. 'But for the renters and first-time buyers who want to participate in the American dream of ownership, it has become much more difficult, with prices rising too fast,' he says."

"Now, though, things have started to shift. It's not that houses are becoming more affordable. In fact, as mortgage rates are rising, it's getting even more expensive to buy a home. But those rising rates are having an impact. The runaway housing market is starting to hit the brakes."

"Home sales have been decreasing across the U.S. for several months. You can call that trend a slump, or a correction, depending on how you feel about it."

"But it's not a crash. And, if the economy remains strong, the slowdown might be an opportunity for first-time buyers who have been sidelined by the booming market. That's what happened to Murawski, in Portland. This summer, she saw the intense competition for homes was starting to cool. Prices were still high, but she wasn't willing to wait any longer."

"Murawski took a day off work and called a real estate agent. Soon, she fell in love with a place — not the Craftsman house of her dreams, but a condo with an elevated patio and a view of the trees. She made an offer. And the next day, it was accepted. The seller even paid her closing costs."

"It was fast, compared to what some homebuyers have gone through. She went from first looking at houses to having her offer accepted in about two weeks, she says. No bidding war required. 'I had been watching the market ... . I've been following it pretty closely,' she says. 'I just felt like another opportunity might not come up for me.'"