A report from Axios. "The real estate market should be experiencing a boom — but it's not. In fact, the U.S. housing market has been stagnant for the last 3 years and is beginning to turn lower, data shows. Anyone who bought residential property in the last 40 years, even at the height of a bubble, has been able to count on rising home values. But those days may be over: Real estate prices have far outpaced incomes and lost their correlation to them."

"For typical homeowners, 'wealth will not increase as fast as it did in previous years, as on average the growth in property prices is close to an end,' Maciej Skoczek, real estate analyst at UBS Global Wealth Management, tells Axios. 'Those who buy a city apartment at current high valuations are likely to have to adjust to a lengthy lean period.'"

"There is a serious lack of qualified and/or interested buyers. And even with ultra-low mortgage rates, prices are not falling enough to bring in new customers. Not enough affordable single-family homes are being constructed, and builders are focusing their efforts on large, expensive projects, Robert Dietz, chief economist for the National Association of Home Builders, argues."

"The combination of inflated prices and overburdened Americans has translated to fewer home sales today than in the year 2000, Lawrence Yun, chief economist at the National Association of Realtors, notes. 'We take a survey of consumers and ask the question, 'Is it a good time to buy?' The number of people who say it’s a good time has overall been turning down.'"

"The bottom line: The world is changing. It's 'the end of the boom,' Skoczek says."

From Mansion Global on New York. "The slowdown has particularly hit downtown, including SoHo and Tribeca, as the vast majority of luxury deals have taken place uptown since the new transfer taxes went into effect, according to data Compass Real Estate compiled for Mansion Global. Luxury deals plummeted from 640 in the 14-week period before the new taxes to just 242 since July 1."

"'There was the Tribeca rush,' said Michael J. Franco, an agent with Compass. 'But from personal experience, Tribeca has stalled.'"

"'Buyers are just so price sensitive right now,' said listing agent Lisa Chajet of Warburg Realty. 'It makes sense that Billionaire’s Row and Tribeca are not selling because they are all new developments priced above $5 million—and that market has died.'"

From Mansion Global on Florida. "We caught up with Ryan Shear, managing partner of Property Markets Group, to discuss who’s still buying Florida. RS: Everybody’s down on real estate in general, because we’re potentially headed for recession. And Miami developers don’t have their head in the sand, condo prices are down, and absorption is down."

"MG: What’s the biggest surprise in the luxury real estate market now? RS: When you look at what drives luxury markets, the dollar being so high is a problem. The world is kind of on fire at the moment. There’s less disposable income everywhere, and America has become more expensive. After 2008, real estate was really cheap, but now the dollar is so high, and it makes it difficult for foreign buyers. Places like San Francisco, New York and Miami, which are global cities, and are driven by foreign buyers, are feeling the strains."

From Patch California. "Three officers of a mortgage company have been arrested on a 121-count felony indictment for allegedly operating a mortgage fraud scheme that mostly targeted seniors and resulted in losses of more than $7 million, state Attorney General Xavier Becerra announced Friday."

"The victims, many of whom were elderly and in financial distress, sought mortgage relief services from Grand View Financial LLC in counties stretching from Mendocino and Placer counties south to San Diego County. Eighteen of the 121 counts emanate in Contra Costa County, 11 in Alameda County, and nine each in San Francisco and Solano counties. Other counts relate to cases in San Mateo, San Joaquin, Placer, El Dorado, and Sacramento counties."

"The company launched a mortgage and foreclosure assistance program that advertised assistance to desperate homeowners facing foreclosure. Becerra asserts the three defendants promised consumers that if they transferred their house and paid money to Grand View Financial, the company would eliminate the mortgage lien and deed the home back to the homeowner, clear of any liens. During this time, the defendants allegedly filed false court proceedings, false documents with the county recorders' offices, and false bankruptcies."

The Grand Forks Herald in North Dakota. "Seller’s market, meet buyer’s market — or at least, something a lot more like it. It comes after years of a much warmer market, say local Realtors, as well as long-held city hopes that housing in the area would become more affordable."

"'I think most people that are in the industry anticipated a slowdown,' Mike Opp, a broker with Oxford Realty, said of the current market, especially following hotter home buying in the 2010s. 'Some to varying extremes, I guess.'"

"'Worst-case scenario, as it shows, a house could list today and be on the market for five months,' said JodiDanzl, president of the Grand Forks Area Association of Realtors. 'That’s kind of the norm.'"

"'I’m still a little bit unsure what the goals of our City Council should be with relation to housing in our community. I’m sure people who are buying homes today are thankful the city implemented some of its policies, because I do believe the city is directly responsible for some of its lagging home prices,' Grand Forks City Council President Dana Sande said. 'So if you’re a buyer, you’re happy. If you’re selling your home, you’re not happy.'"

"'There are a lot more homes on the market right now. People are still buying, but it definitely is a buyers’ market right now. That’s kind of where we’re at,' said Ashley Cota, a realtor with Coldwell Banker Forks Real Estate."