A report from WCMH in Ohio. "The Columbus real estate market is booming. Just as fast as a homeowner can put a for sale sign in their front yard, it is now quickly replaced with a sign that reads sold. 'We got 8 offers all over list price,' homeowner, Kelly Gunther said. 'It’s definitely crazy in this market.'"

From Loudoun Now in Virginia. "One section of the real estate community that is doing quite well is homebuilders. The low inventory on the market is also causing many buyers to flock to new construction, said Allison Metzger of Green Lawn Realty."

"'I think it’s forcing people to purchase new construction whether they want to or not. The prices of new construction in some cases are astronomical to me, but people are willing to make it work because there’s nothing else out there they like. So they’re stretching themselves,' Metzger said."

"Heather Wilhelm Gosman, a Realtor with RE/MAX Gateway admits that she is seeing some sale prices on homes now that don’t make much sense to her. But Gosman doesn’t believe the housing market is headed for another crash like 2008. Lending practices have significantly improved since then, she noted. 'I think we have fail-safes in place that will prevent [a crash] from happening,' she said."

From Market Watch. "It’s been difficult for lenders in the mortgage business whose firms provide the financing for the millions of Americans wanting to buy their own residence. With loan origination and volume decreasing, and after executives reduce their company’s costs, they are faced with the decision of whether to lower margins or credit standards."

"Such a 'race to the bottom,' which partly caused the 2008 U.S. economic meltdown, isn’t the only thing that could precipitate the next housing crisis. I’m referring to what’s known in the financial industry as 'liquidity risk.' In basic terms, this is the ability for a firm to meet short-term financial obligations such as compensating employees. Liquidity risk is particularly acute within the housing sector because non-bank lenders originate more than 50% of home loans, up from just 9% in 2009."

"Some 40% of non-banks didn’t turn a profit in 2018, according to Richey May & Co, and these institutions are likely to be in a tough situation if liquidity dries up."

The Spokesman-Review in Washington. "While home prices in Spokane County were on the upswing in March, sales dropped dramatically compared to last year. Home sales declined more than 24% compared to March 2018, marking the largest year-over-year decrease in five years, according to data from the Spokane Association of Realtors."

"Association Executive Director Rob Higgins said low inventory and high demand for housing is continuing to drive up home prices. 'The market is very strong and that’s exemplified by fact that if you put a house on the market right now, you’ll probably have multiple offers on the property,' he said."

The Arizona Republic. "The price on a luxurious estate sprawling 22,000 square feet in metro Phoenix’s Gold Canyon community has been cut from $12.5 million to $6.9 million. The owner Burkes Global Properties spent almost $14 million to develop the mansion on the tallest point in the Superstition Mountain Golf and Country Club."

"Only one house in metro Phoenix’s Southeast Valley is listed for sale for more than the Gold Canyon mansion. A 15,000 square-foot home on Kyrene Road in Chandler on Kyrene Road is on the market for $8.75 million. It was listed for $12 million in 2007."

From Mansion Global on California. "Oil heiress and philanthropist Aileen Getty has relisted her Malibu, California, home Friday—nearly a year after it was taken off the market—at a reduced price of $11.995 million. The modern farmhouse-style home was first listed in May 2017 for $14.1 million, Mansion Global previously reported. It was removed from the market the following May."

"Ms. Getty purchased the dark grey stucco mansion in August 2016 for $12.5 million."

From Realtor.com on California. "An amazing Beverly Hills, CA, estate once owned by Cher is back on the market—with a major price cut to $48 million. In 2018, the sprawling compound hit the market as our most expensive listing of the week, with a $68 million price tag. This was also a discount from the $85 million it was listed for in 2016."

"Now down 43.5% in price in three years, the home represents an intriguing opportunity. 'This is the ultimate equestrian environment,' says listing agent Joshua Altman. 'No changes have been made to the property. The price reflects the current state of the high-end market, which is primed for buyers.'"