A report from the Orlando Sentinel in Florida. "Home sales plunged in the Orlando area in December as 2018 finished with fewer sales than the year before, and real estate agents warned that 2019 could be slower as well. 'The market has just sort of softened,' said David Miller, president of the Miller Realty Group. 'In the first half of the year, there was just so much urgency that you had to put down an offer sometimes without having time to think it over.'"

"In all, 2,412 homes sold in the Orlando metropolitan area in December, a 20 percent drop from December 2017 and 6.7 percent from November 2018, according to the Orlando Regional Realtor Association. Sales have been dropping since July. All four Central Florida counties saw a similar drop in sales during December, from 21.3 percent in Seminole to 23.8 in Osceola, the ORRA report said."

From WCBS on New York. "A sign of the times lately is a 'for sale' sign with the word 'reduced' on it, at least when it comes to some New York City homes. According to a new survey from the brokerage firm Douglas Elliman and the appraiser Miller Samuel, prices in the fourth quarter in Manhattan declined about six percent and for the first time in three years, the median price of a Manhattan condo and coop fell below $1 million."

"So what's driving this? Greg David of Crain's says for one thing, more people are trying to sell which means there's a lot more inventory of the market. 'In addition to that, you know, the condo and co-op market in the rental market works a little bit together. There are lots more rental units coming on line and those units are driving down rental prices a bit,' David told WCBS."

"This could also be an indication that suppy an demand is starting to even out following years of building. 'We've had this really huge building boom in the city as everyone knows,' David said. 'New York has this great need for more housing but there is more housing coming on and there is going to be more supply for the next couple years probably than there is going to be demand and that's going to put pressure on prices.'"

From People Magazine on California. "Real Housewives of Beverly Hills star Dorit Kemsley and her husband Paul 'PK' are attempting to sell off their Beverly Hills home, yet again. The pair appeared on Million Dollar Listing: L.A. on Thursday, where they attempted to close a deal on the property, known as 'Dawnridge,' which was first listed in August 2017 for $12.75 million."

"During the episode, realtors James Harris and David Parnes take a second stab at selling the six-bedroom, seven-bathroom abode located near the Beverly Hills Hotel after it had failed to attract a buyer for months. 'It was way overpriced and as a result, it’s been sitting on the market for almost six months with nothing—no interest,' Parnes says."

"However, after the agents throw a brokers’ open house and Parnes gets his first offer of $7.45 million with a counter offer at $7.7 million, things go south for the sale thanks to PK. 'We will sell this house at $8.5 million,' PK says. 'That’s the price. Take it or leave it. I know what you’re doing. You’re trying to work me down and you’re wasting your time,' he adds. 'I want you to get me the price that you said you’d get me.'"

"He then decides to take matters into his own hands and calls the potential buyers’ broker to negotiate the deal himself, claiming that he’s saving them two weeks of time going back and forth attempting to counter when he could tell them his take-it-or-leave-it offer up front. When the buyers pull out, PK seems disappointed, as does Parnes, who thinks PK was responsible for killing the deal."

"'I’m not desperate to sell,' PK says during the episode."

"On Friday, The Blast reported that PK is at risk of having his wages, money and property seized without further warning unless he pays back over $1.2 million in unpaid loans. According to the lawsuit filed by man named Nicos Kirzis, the problem goes back to 2011, when Kirzis loaned PK the sum."

"PK is also at the center of another legal battle. The Bellagio Hotel and Casino in Las Vegas is suing him for unpaid casino markers. PK argued that the bankruptcy filing had wiped the $3.6 million owed. He agreed to make payments until June 2018, but stopped paying — still owing over $2 million."

"On Monday, the home was re-listed with another $1 million price drop to $7.995 million, according to Realtor.com."