A report from the Seattle Times in Washington. "Across King County, condo shoppers have nearly three times as many units on sale to choose from than when the market peaked last year. Bidding wars have all but disappeared. The typical condo even now sells for below list price, which was unheard of in recent years. Condo prices countywide dropped 7% in March compared to a year prior, according to monthly real-estate data released Friday."

"The annual dip in condo prices was the second biggest since the market bottomed out in 2012. The one time condo prices dropped more? That was just a month prior, when condo costs declined 8.4% year-over-year. It’s been quite the change. Flash back to spring 2018 and prices were soaring as much as 35% a year."

"'This is the first window of opportunity where buyers can take the reins a bit and work the sellers off their price,' said Windermere condo broker Jeff Reynolds."

"King County’s median single-family house sold for 3.2% less in March than a year prior — the biggest drop in seven years. Inventory nearly doubled in that span while prices again dropped. The price shift was led by an 8.2% annual decline in the city of Seattle. Prices were virtually flat in West Seattle and declined in every other neighborhood, led by  year-over-year prices dips of 14.5% in Queen Anne-Magnolia, 10.6% in Southeast Seattle and 8.5% in the Ballard/Greenwood area. Prices also decreased a bit in the north and southwest parts of King County."

"Across Seattle and Bellevue, there are 1,400 brand-new current and future condos available and sitting unsold, up from just 100 at this point a year ago, according to the real-estate firm Polaris Pacific."

From 5280 in Colorado. "Denver can expect fewer bidding wars this spring, says Libby Levinson, a Kentwood Real Estate realtor in Cherry Creek. Inventory (of the single-family and attached home variety) increased 36 percent this past March when compared to March 2018, according to the latest Denver Metro Realtors Association (DMAR) report."

"This means that more homes were listed on the market than could be absorbed by the market—i.e. houses took longer to sell than last year, too. Levinson says the increase of housing supply is leading many sellers to scale back their asking price as homes spend more time on the market."

"'[Last year] sellers could price their house a little bit above fair market value and still get a bidding war,' Levinson says. 'Those days aren’t happening anymore.' She says her inbox is flooded with 'price reduction' e-flyers."

"Levinson says the health of the luxury market has been a harbinger of things to come. 'In that higher segment, if things start shifting, people aren’t as willing to spend the big money on luxury homes,' Levinson says. 'It starts to be an indicator of what’s happening in other price spans.'"

From WPTV in Florida. "If you’re looking to buy a home in South Florida, Realtors say now is the time to do it. Experts believe there is a shift happening that’s making it more desirable for home buyers. 'The market is starting to what we call a shift, it is starting to shift from a heavy seller's market,' said Realtors of the Palm Beaches and Greater Ft. Lauderdale President Jeffrey Levine."

"Levine said the latest information shows median sale prices for single family homes in Martin County have dropped 7.9% from this time last year. 'We have historic low-interest rates, and we have a lot more inventory to choose from that is one of the reasons why the median home sales price is coming down a bit,' said Levine."