A report from the Los Angeles Daily News in California. "The San Fernando Valley’s real estate market pendulum is swinging toward home buyers, leaving sellers on the other end cautious these days, according to experts. 'Buyers now have way more negotiating power,' said Amanda Etcheverry, the chair of the association’s Santa Clarita Valley division. 'While still early in the process with the housing shortage still providing sellers an edge, the market is giving buyers some advantages, especially as houses sit longer on the market, inventory grows slightly and many active listings report price reductions.'"

"Tim Johnson, the association’s chief executive officer, said prices had jumped so fast that many future home buyers were left behind. But after a 2018 that saw record high resale prices of homes, the tide seems to be changing. 'We’ve hit a point where there may be downward pressure on prices,' he said, 'as the market shifts to the middle in an effort to regain buyers who have been priced out.'"

The Review Journal in Nevada. "Las Vegas home prices rose at one of the fastest rates in the country in 2018 amid a growing population and an improved job market. But at the same time, home sales tumbled, and the valley’s low inventory of available listings started swelling. Janet Carpenter is this year’s president of the Greater Las Vegas Association of Realtors."

"How was the year for sellers? If they priced their house well and it was clean and well-kept, they’d get multiple offers after just a couple days on the market. It was phenomenal. But again, that all seemed to change around late September. Things were starting to linger on the market, and there were fewer multiple offers."

"Why was there this shift? First of all, I don’t think the salary base in Las Vegas could have sustained much more rapid growth in prices."

"Did you see any indication that it was starting to shift to a buyer’s market? Not right off the top. It was not until people were coming in and going, 'Wow, my house was really priced well, and we only got one offer.' And I’m like, oh, that’s different. Another big shift that’s happened lately is, when the market was really hot, houses were selling before agents even did an open house. Now if you drive around on a Saturday or Sunday, there are open-house signs on every corner. In February, March, April of last year, that was not happening."

"What are your expectations for prices and sales volume this year? I don’t have a crystal ball — I know everybody says that — but I think it will still be a little bit of a seller’s market, because we have so much industry and jobs moving into Las Vegas. Again, it will be the price point that makes a difference whether houses sit or whether they’re sold. This year I’d like to see it leaning just a tad toward a seller’s market. What I don’t want to see is a total shift to a buyer’s market, and houses sitting for months on end and not selling.'"

From New Jersey Advance Media. "The former estate of Charles Edison, the 42nd governor of New Jersey and Thomas Edison's son, has been on-and-off the market since 2015. In the latest move to try and sell the 10,593-square foot Essex County home, the current owner dropped the listing price by $600,000 Friday, according to its Zillow listing. It is now price at just under $3.4 million."

"The home is about half a mile from the Edison National Historic site and only 14 miles from Manhattan. Including Edison, there have only been three owners of the home since it was built, according to its listing. It last sold for $3.7 million in August 2007. Before it went on the market in May 2018, the home was on the market for $5.9 million from December 2015 until February 2017."

From Greenwich Time in Connecticut. "The price of Round Hill Manor, one of the town’s most-expensive single-family listings and former home of the late hotel magnate Leona Helmsley, has been cut by about $6.5 million."

"The reduction represents the latest of several discounts on the 40-acre backcountry property, at 521 Round Hill Road, which is now listed at $22.5 million after originally going on the market for nearly $50 million."

"'The price reduction was done to reflect an awareness of the current market conditions,' said Bill Andruss who is the home’s lead listing agent. 'Taking into account recent data points and comparable sales, we believe this new price will generate substantial interest and increase the amount of traffic.'"

"Following the 2007 death of Helmsley, the estate was originally listed for $125 million. It was then purchased in 2010 for $35 million. After returning several years later to the market for $49.9 million, the price was reduced by $10 million, then by another $11 million, before its latest decrease."

"A number of other Greenwich mansions have also struggled to find buyers. Last year’s top seller, a 16,900-square-foot midcountry home at 110 Clapboard Ridge Road sold for $17.5 million — 50 percent less than its original asking price."