A report from Market Place on New York. "Christa Chi sells Manhattan apartments and homes for a living. So when she listed her one-bedroom midtown apartment in August 2017, she expected buyers to jump. The place had rooftop access and a doorman, so she thought a price of $745,000 made sense. 'I was saying, 'Well, everything is new. It’s got light. It’s got space. Maybe I can command a premium.'"

"Chi could not. It took her seven months to secure a buyer. She declined a lowball cash offer, pulled the property off the market, relisted it, then dropped her asking price to $660,000 before finally selling."

"According to Stribling & Associates, the median sales price for Manhattan property fell 4.4 percent in 2018. Garrett Derderian, director of data and reporting for the firm, said part of the reason is because a lot of new development has given buyers options."

"'With the supply so great, buyers who are entering the market, they want to negotiate,' he said. Derderian found that Manhattan properties spent more time on the market in 2018 than they had in six years. This, he said, is because sellers were hesitant to lower asking prices. He said he has found that sellers have had to reduce their prices two to three times before finding a buyer."

"'It’s harder to convince a seller that we’re no longer in the peak of a market and really that prices have come down in Manhattan,' he said."

"Steven James, CEO of the New York City office, added that the new federal tax law, which puts a cap on property tax deductions, has made buyers wary of high property taxes. 'The justification for paying the high taxes was that you got a big, hefty tax deduction on that. That isn’t the case anymore,' he said."

From Curbed Los Angeles. "For most of the last decade, Los Angeles has been a seller’s market. Since 2012, when housing prices began to recover from the Great Recession, competition among buyers has been fierce and real estate values in the area have ascended rapidly."

"But market analysts and real estate agents say those trends are changing. Home prices have leveled off in recent months, and the number of overall sales is far below the historical average. 'Things have slowed down,' says Keller Williams realtor Heather Presha, who specializes in the South LA market. 'The buyer pool is smaller. Normally I’m pretty even-steven with buyers and sellers, but starting in October, I didn’t have any buyers and I had a bunch of sellers.'"

"Compass realtor Emily Bregman, who specializes in Westside properties, agrees that the market is shifting. 'When you talk about families buying homes,' she says, 'they may not be willing to stretch the same way that they were a year ago.'"

The Charlotte Business Journal on North Carolina. "The latest evidence of a possible looming slowdown in Charlotte's housing market arrived this week in the December report from the National Association of Realtors. The organization found signs of cooling across the nation at the end of 2018, noting gains in inventory and price reductions among several key indicators."

"While 38 of the nation's top 45 markets saw a jump in price reductions, Charlotte stood out as having the highest rate of increase — the share of properties with reduced prices surged to 24% last month from 14% a year ago. The report also notes Charlotte saw a decline in median listing prices."

The Register Guard on Oregon. "For several years now, Lane County’s housing market has been a seller’s delight and a buyer’s pain. Prices have soared into unknown territory over the last four years. In mid-2015, Lane County’s median single-family home sale price was $229,000. By early 2018 the median was up to a Lane County record of $274,900."

"The median sale this year peaked at $299,000 in August, according to the Portland-based Regional MLS. It’s typical for prices and sales activity to dip heading into the fall and winter months — the county’s median sale price was down to $277,500 in November. But there were also signs that something more than a seasonal slowdown might be in play."

"Inventory rose above two months in September. As mortgage interest rates continue to rise, economists like Brian Rooney say Lane County’s housing market in 2019 could offer signs of the overall strength of the economy. 'Housing is always an indicator of what’s going on locally,' Rooney said. 'We’ve been seeing a little slowing in sales and inventory there.'"

From ABC 15 in Arizona. "Unlike in New York City or San Francisco, owning your own home is an American dream that is very attainable in Arizona. Just a few months ago, real estate agents said they were getting 15-16 offers on a home. 'Now it has slowed down. Buyers can breathe, take their time, really look at the properties out there,' said real estate agent Mara Benson."

From WLOX on Mississippi. "2018 was a good year for real estate on the Gulf Coast, with sales up 10 percent from the previous year. No doubt, all eyes are on the action of the Fed, from stockbrokers, to real estate brokers, to commercial lenders. One person familiar with the actions of the Fed is a Pass Christian man who actually served on the Fed for more than six years and is concerned with the upward movement of interest rates."

"'Candidly, I think they have probably overshot their mark this time,' said Dave Dennis. 'When you overcompensate, which is probably what they’re trying to do, you take some first time home builders and buyers out of the market.'"

"He also had another problem with recent Fed action. 'What I’m concerned about is if rates are too high, the home market suddenly becomes a renter’s market,' Dennis said."