A report from the Orange County Register in California. "Just how slow is the housing market? For nine consecutive months through April, CoreLogic housing stats show countywide sales failing to top the year-ago period. That slump has led to a nine-month period with the smallest number of Orange County home purchases in seven years."

From Patch Danville in California. "The Danville mansion owned by former San Francisco 49er Larry Allen recently got a significant price cut, and according to Realtor.com the all-pro lineman wants the property at 401 Kingswood Lane sold. Originally listed at $7.5 million, the home's price has been reduced to $5.8 million."

From Mansion Global on New York. "Former General Electric CEO Jack Welch has officially parted with his duplex apartment in Manhattan’s Midtown East after a little more than a year on the market, property records filed Thursday show. The $17 million final sale price is almost $9 million less than the $25.9 asking price that had been attached to the four-bedroom condo when it first listed in April 2018. The price then got cut to $24.9 million in October."

The Arizona Republic. "The priciest home for sale in Phoenix has sparked its fair share of controversy. The spiral house that famed architect Frank Lloyd Wright designed for his son David in the upscale Arcadia neighborhood is listed for $9.9 million, which represents a $3 million price drop. The 2,553-square-foot house built in 1952 was listed in September for $12.95 million."

The Uptown Messenger in Louisiana. "Although there is not enough demand, real estate sales are better in New Orleans East than people think. 'There are lots of properties on the market for a variety of reasons. But we still have to encourage people to want to live in the East,' explained Gentilly-based real estate broker Eugene Green."

"HRI Properties Chairman Pres Kabacoff attributes unevenness in the market to a slight decline in population and a lack of job growth. 'The real estate financing environment has been robust but the condominium and apartment markets have become slightly overbuilt. It will take a little time to absorb all the existing units. Though I am not in the market every day, my gut feeling is that there will be some limitations as to what can be built right now,' Kabacoff said."

"Long-time Latter & Blum broker Paul Richard feels that the Uptown market is maturing and that we are currently at the long tail of a 10-year cycle that began after the 2008 crash. 'There was a peak in prices in the last quarter of 2017. Prices still increased in the first quarter of 2018 but at a declining rate,' Richard said."

"Since then prices in some areas are falling and some properties, especially those that list in excess of $500,000, are staying on the market longer. 'Finally we are beginning to see a little price compression, but it will be building by building, block by block,' he said."

From The Real Deal in Florida. "Florida’s former foreclosure king sold a home in Hillsboro Beach at a loss for $7.5 million. David J. Stern, a disbarred lawyer, sold the 5,275-square foot home at 925 Hillsboro Mile for $1,421 per square foot, records show. Stern had paid $8 million for the home in 2008, according to records. Records show Stern did not have a homestead exemption on the property, indicating it likely was not his primary residence."

"Stern was disbarred by the Florida Supreme Court in 2014 for his Plantation-based firm’s alleged misconduct. The company at one time had a caseload of 200,000 foreclosures statewide, swelling Stern’s practice to 1,200 employees during its peak. The small town of Hillsboro Beach is home to some of the priciest residential properties in South Florida."