A report from Boston Agent Magazine in Massachusetts. "The number of single-family homes sold in the Greater Boston area in June fell compared to the same month last year. Homes are also sitting on the market longer and price cuts are becoming more common. 'Homeowners must be careful to price their home properly as the rate of price appreciation has been moderating this year and even declined in some communities. Homes that are overpriced run the risk of sitting on the market for a lengthy period of time and can become stigmatized by today’s saving home buyers,' said GBAR President Jim Major."

From Mansion Global on New York. "The housing market in the Hamptons on the East End of Long Island had a sluggish first half of the year, according to Douglas Elliman Real Estate. Sales dropped 8.7% in the second quarter of 2019 compared to the same time last year, the report said. Meanwhile, inventory rose 84.2% year over year, with 2,557 homes listed in the second quarter of 2019, versus 1,388 in 2018."

"The median sales price fell 4.2% to $850,000 in the second quarter of 2019, compared to $887,500 for the same time period last year. On the luxury side, defined as the 10% of sales, the number of deals was 'in line with the quarterly average for the past decade,' according to the report. But the inventory in that category jumped 90% in the second quarter in 2019 compared to the previous year."

From Keys News in Florida. "Real estate activity on Key Biscayne remains dismal this first half of 2019. Given the relative uptick in 2018, a bounce-back in 2019 seemed possible, but activity actually decreased by 28% for condominiums and 34% for single-family homes, compared to the same period in 2018, according to data from the Multiple Listing Service."

"One big reason: condos are priced 17% above average sale price. For single-family homes, the average list price is 37% above average sale price.
Remodeled Mackle houses once peaked in the low $2 million range, but these days, the same price will fetch a larger, elevated home built in the 90s or even newer, sales data shows."

"Although very difficult to accept, it seems higher activity will mean sellers will simply have to be more realistic about pricing from the start. So far, that hasn’t happened. Key Biscayne’s sold condos were on the market for an average seven months, which coincides with Miami-Dade’s sales pace. However, Key Biscayne single-family homes took much longer to sell at an average 16 months. Clearly, only the best-priced properties are selling on the island."

From Community Impact in Texas. "Shanan Shepherd is co-owner of Shepherd Nelson Realty, based in Leander. Q: What should you tell your Realtor when you first meet? A: If you’re behind on your payments, tell your agent. It’s going to come out, and the agent can be proactive with your mortgage company to prevent foreclosure. But they can’t help you if they don’t know."

"Q: How long should a homeowner keep his or her home on the market before reconsidering selling? A: If your home hasn’t sold within 60-90 days, then you need to re-evaluate a lot of things. Is your house overpriced? Ninety percent of the time that is the problem."

From The Real Deal on Illinois. "Mirroring the overall housing market, luxury home sales in the second quarter posted a rebound from a dismal start of the year but continued a year-over-year decline. 'We’re advising sellers that attracting buyers at this time will require aggressive pricing,' said Janice Corley, broker/owner of Re/Max Premier. 'Buyers are quite conservative when it comes to luxury real estate right now. They do not want to overpay. At the same time, there is no shortage of luxury buyers testing the market, so sales in the second half of this year could surprise on the upside.'"

"The suburban luxury market continues to lag the city, with sales falling 13.5 percent in the suburbs versus 9 percent in Chicago, according to Re/Max. The popularity of condos in new Downtown developments has pulled buyers from the suburbs, which already was dealing with elevated levels of inventory."

From KSBY in California. "According to a recent study by the California Legislature, it looks like home sales are beginning to slow down, and realtors and sellers in San Luis Obispo County shared their thoughts on the real estate market on the Central Coast. 'The market has actually leveled off due to affordability, we’re not building enough product in California, so we don’t have enough housing and it’s driving houses up,' said CEO of Century 21 in Arroyo Grande, Jack Hardy."

"Due to such a small supply of homes in California, buyers began to overpay for houses, which is good for sellers but it’s causing prices to skyrocket, and now California could be at a point where people can’t afford to buy. 'What’s happening now is we’re not seeing as many multiple offers on the table, what we’re seeing is when you get a good buyer, you’re going to want to work a little harder to keep them on the hook,' said the owner of Mariani Realty, Robert Mariani."

"In this case, work a little harder could mean lowering the price of your home to find someone who can afford it. Hardy says it’s not hard to find buyers in the area but it can be if the price isn’t right, 'there are plenty of buyers in our Central Coast market here, but it is price sensitive if the property is not priced correctly, it’s going to sit on the market,' said Hardy.