A report from the Wall Street Journal. "Home prices in 2018 grew at their slowest pace in four years, while construction slumped, signaling that the housing market started this year on shaky footing. Economists cautioned that a rebound to the frenzied activity of early 2017 looks unlikely. 'This year probably isn’t going to be gangbusters. It’s probably not going to collapse, but it’s not going to be a record year on many fronts,' said Ralph McLaughlin, deputy chief economist at CoreLogic Inc."

From Realtor.com. "Realtor.com®'s February housing report released today, shows 2019 may have one of the coolest spring homebuying seasons in recent years as growing inventories drive price cuts. This marks a significant reversal from a year ago when the housing market struggled with 41 straight months of inventory declines."

"Much of this available inventory can be traced to the nation's 50 largest metros, where inventory increased by 11 percent year-over-year. The largest jumps have continued on the West Coast, led by San Jose, Calif., with a massive 125 percent increase. This was followed by an 85 percent increase in Seattle, 53 percent increase in San Francisco, 39 percent increase in San Diego, and 36 percent increase in Portland, Ore."

"A recent rise in the share of price cuts also hints towards a potential shift into a cooler market for spring. In February, 39 of the 50 largest markets saw an increase in share of price cuts. The greatest yearly increase was felt in Las Vegas, which jumped 19 percent. It was followed by San Jose, Calif., with a nine percent increase, Phoenix with a seven percent increase, San Francisco with a five percent increase, and Dallas with a four percent increase."

The Naples Daily News in Florida. " Three experts revealed the latest real estate trends in Estero. This much is clear: The housing market is shifting — and it started shifting months ago to more of a buyers' market. Randy Thibaut, owner of a leading real estate brokerage and development firm based in Fort Myers, expects buyers to be in the driver's seat in 2019."

"'The Southwest Florida market is not in a bubble, but it's time to anticipate change,' Thibaut said. 'Change is afoot and those who are prepared to adapt are best positioned to succeed.'"

"Denny Grimes has been in the residential market for 35 years in Southwest Florida. In the last four months, sales were the worst seen in 10 years, Grimes said, because of a 'feeling in the bones' among buyers, who have become more price resistant. 'The shift is here and it will get worse before it gets better,' he said."

"He described the shift in the market as 'a natural cycle of real estate,' saying it shouldn't bring panic. Buyers' expectations have changed, he noted, and sellers have to realize they can't take the value of their home and 'multiply it by their zip code' to come up with a selling price anymore."

"He shared a snapshot of the local multiple listing service, or MLS, that showed 1,948 prices adjustments made over seven days. The demand for high-rise condos, in particular, has slowed with so many projects built over the past year."