A report from CNBC. "The dollar volume of homes purchased by foreign buyers from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors. 'The magnitude of the decline is quite striking, implying less confidence in owning a property in the U.S.,' said Lawrence Yun, NAR’s chief economist."

"The Chinese were the leading buyers for the seventh consecutive year, purchasing an estimated $13.4 billion worth of residential property. Yet that was a 56% decline from the previous 12 months and comparatively the biggest percentage drop of all foreign buyers. Anecdotally, real estate agents in California have seen a pullback in Chinese buyer demand."

From SocketSite in California. "The percentage of active listings in San Francisco which have undergone at least one price reduction has ticked up to 20 percent, which is two percentage points higher than at the same time last year."

The Press Democrat in California. "When Paul Saharoff tried last year to sell his Santa Rosa home for almost $1 million, Sonoma County’s red-hot housing market already had started to cool. From late March to June 2018, Saharoff, 77, couldn’t get any buyers for the home he’d owned for 33 years. 'I could feel the market braking,' Saharoff said. 'It was also breaking my heart.'"

"Finally, he’s set to close a deal to sell the 3,228-square-foot, four-bedroom house. Saharoff cut the asking price by about $75,000 to put the house within a buyer’s reach and was helped by lower mortgage interest rates."

"At the halfway mark of 2019, the county housing market remains somewhat sluggish. The median single-family home price in June was $658,500, a sharp drop from the all-time record $700,000 median in June 2018 according to The Press Democrat’s latest monthly housing report compiled by Rick Laws of Compass real estate brokerage in Santa Rosa."

From The Sun in California. "The Lake Arrowhead home of Andrew Ordon, co-host of the daytime talk show 'The Doctors,' is back on the market for $2.495 million. Ordon bought the property in 2010 for $1.3 million. He listed it in July 2018 for $2.999 million and dropped the price by $504,000 in May 2019."