A report from the Wall Street Journal on Florida. "After being kidnapped seven years ago, Juerg Degenmann decided to move his family from Venezuela to Miami for increased security. He and his wife paid $1.85 million in 2013 for a waterfront townhome in Sunny Isles Beach. He was unpleasantly surprised when he put the unit on the market for $1.9 million a year ago, and got no offers. Now he’s reduced the price to $1.495 million; it still hasn’t sold. 'I will never get the money I paid for it,' he said. 'The situation in Miami is tough.'"

"'There’s just an abundance of inventory,' said Alexandra Peters, Mr. Degenmann’s agent. 'There’s so much frustration. It’s hard to move properties.'"

"Gustavo Mendonça is from Brazil and moved to Miami in 2011. He bought six condos in Miami as investments, but now has only two, one of which he’s struggling to sell: a Sunny Isles Beach condo he bought in 2015 for $690,000. It’s listed for $639,000."

"'The compelling drive to buy buy buy has disappeared,' said real-estate agent Mark Zilbert. 'It used to be I could list anything and I’d have five to 10 showings a week. In some cases, I’m getting one showing a month.'"

The Denver Post in Colorado. "Not that long ago, cities like San Jose, Seattle and San Francisco were enjoying some of the biggest price gains and strongest interest from buyers. Denver also used to be a regular on the list of hottest real estate markets put out by Realtor.com."

"But San Jose home prices are now falling year-over-year and Seattle, San Francisco and Los Angeles are likely to join it, said Skylar Olsen, director of economic research with Zillow Group. Price gains are slowing in metro Denver, and a growing share of residents here are looking to relocate."

"The United States has 45 million more people and 20 million more households than it did in 2000. But home sales are lower than they were two decades ago and there is a deficit of about 5 million to 6 million housing units, estimates Lawrence Yun, chief economist with the National Association of Realtors. 'Something is not right,' said Yun, who spoke on a midyear economic forecast panel at NAREE."

The Mercury News in California. "Santa Clara County Assessor Larry Stone is upbeat about the economy, but he also imparted words of caution to members of the Silicon Valley Association of Realtors at a district Realtor meeting this month. 'It has been nine years since the Great Recession and since then we have experienced a period of great prosperity. However the economy has cycles, and we are overdue for a recession,' said Stone."

"The Assessor said there are indications the housing market has started to cool. The median price reached $1.3 million at the end of the third quarter and has since dropped 15 percent to $1.1 million. Home sales are down 14 percent from a year ago; permits are down 11 percent. Apartments and home sellers are making concessions."