A report from the Mercury News in California. "In another sign that the Bay Area housing market is cooling, the number of homes for sale here has spiked  — signaling more options for buyers, and potentially lower prices. There were 43 percent more homes on the market last month in the San Jose metro area, which includes Santa Clara and San Benito counties, than there were in January 2018, according to Zillow."

"Inventory increased by 25 percent in the San Francisco metro area, which includes San Francisco, San Mateo, Alameda, Contra Costa and Marin counties. In the San Jose area, there were 3,011 homes for sale, up from 2,102 the year before. Both metro areas saw more homes for sale last month than they have at any other point since 2016. Inventory has been increasing for several months, and nearly doubled in October in the San Jose area."

"The San Jose area saw the largest percentage increase among the major metropolitan areas Zillow studied. Seattle was second, with a 37 percent increase. But while the jump was most pronounced in the country’s priciest markets, it’s a nation-wide trend."

"In San Jose, buyers are getting better deals than they were a year ago, said San Jose-based real estate agent Mike Gaines. Some homes are receiving offers for less than their asking prices. And sellers are being forced to think more carefully about a realistic price before they list their home."

"'We’ve got a lot of folks who want to get out of here' he said. 'They feel this year will be the best opportunity to get their home on the market, get it sold and move somewhere.'"

From Fox Denver in Colorado. "New Colorado Realty Association statistics show the median sale price for a single family home in Denver is $425,000, that's down more than 1 percent and townhouse/condo prices are down 12 percent."

"Association spokesperson Kelly Moye tells FOX31 there are also more homes on the market right now, putting buyers in the driver's seat, 'Where there used to be one or two, they might now have ten or twenty to look at…take advantage and jump on it while you can.'"

"Moye advises those planning to sell a home with average amenities to list the property just under the most recent comparable price (listed no more than four months prior to placing the home on the market)."

The Tampa Bay Times in Florida. "Tampa Bay's housing market had another good year in 2018 — but not nearly as good as it has been. 'I would say that right now we are currently experiencing a market rebalancing in that we are shifting more into a buyer's market,' said Rachel Gallagher, the broker-owner of a Pasco County realty firm. 'We're seeing that active days on the market are a little bit longer than normal.'"

"'We've been prepping our agents that they are going to have to work a little harder in 2019 than they did in 2018,' she said. 'I think the days of multiple offers will be decreasing and as we're shifting into a buyer's market, the buyers are going to have more of an upper hand.'"

From The Real Deal on New York. "Not even Christie Brinkley is immune from price pressures in the Hamptons home sales market. The model is now in contract to sell her wood-shingled Sag Harbor mansion at 1 Fahys Road for just under its last ask of $17.5 million, according to the New York Post. The 4.44-acre property first listed for $25 million in October 2016 — about 30 percent more than it finally moved for — and it was reduced to $20 million in mid-2017."

From The M Report. "Bidding wars on homes in some of the hottest markets in the country have almost stopped, according to a Redfin report that looked at the offers written by its agents on behalf of their homebuying customers in January."

"The report indicated that only 13 percent of these offers faced a bidding war, marking a steep decline from 53 percent seen in January 2018. In fact, Seattle and San Francisco—two of the most competitive markets last year—saw less than one in five offers facing competition. During the same period last year, both these markets saw bidding wars on seven to eight out of 10 offers."

"A key reason for the cooling down of competition on homes, the report indicated, is the supply and demand of homes. It pointed out that the number of homes for sale are increasing even as homebuyers' demand is declining. It revealed that as of December, the number of homes for sale went up 5 percent from the year earlier, whereas the number of homes sold declined 11 percent during that same period."

"As more homebuyers hear that the market is slowing down, they're waiting 'until they find a home that can check more boxes,' according to Kalene Masching, a Redfin agent in Palo Alto, California. 'In general they are being more judicious as they think through their purchase. Meanwhile, many sellers have not yet recognized that the market has shifted.'"

"Breaking down the areas that saw the biggest decline in homebuyer competition, the report noted that competition in the San Francisco Bay area fell 64 points in January, followed by Los Angeles with a decline of 57 points, and Seattle which saw competition decreasing by 54 points."