A report from Yahoo Entertainment. "Kameron Westcott recently said goodbye to her pink-filled mansion to move into a different gorgeous abode — but the process was far from simple, as we learned on The Real Housewives of Dallas' February 9 episode. 'We built this house 10 years ago for 4.7 [million dollars], gonna lower it to 4.4 [million dollars]' Court Westcott said. 'We're gonna get a haircut on this for sure.'"

"'You know that we had some buyers looking at the house,' he said. 'Well it's their third time to tour the house and they finally decided that they didn't want our house so we're going to lower the price even more.'"

The Los Angeles Times. "In his home state of Florida, basketball veteran Amar’e Stoudemire is asking $3.5 million for his custom king-sized home. The big man paid $3.7 million for the property a decade ago, records show."

From KTVQ on Montana. "Billings' largest and most controversial mansion is off the market. The property at 5650 Canyonwoods Dr. in the Ironwood subdivision is under contract at a sales price of $11.5 million, according to Dawn Maddux, an agent. It's been on the market since the summer of 2019 and seen the asking price drop $5 million since then. The mansion was developed by Larry Price Jr., who pleaded guilty in 2019 to embezzling $20 million from three coal-related companies to finance the building of the property. He is serving a five-year sentence in federal prison for the scheme."

"One of the three firms Price victimized, Three Blind Mice LLC of Wyoming, currently owns the mansion. While signing a contract is a big move toward a sale, the deal could still fall apart, and the house would go back on the market."

From Patch California. "A Redondo Beach oceanfront home has price-dropped by $4M. It features 10 bedrooms, 10 full bathrooms, along with five half bathrooms. It was built in 2005. It's now listed at $23M."

From Portland Monthly in Oregon. "The Pearl is Portland’s resident glamazon, primped and coiffed to match its well-heeled residents. After flying high for years, the area has been hurt by the downturn in the high-end condo market."

From Boston.com in Massachusetts. "It’s a little too easy for some to say the luxury real estate market is taking a pandemic plunge: Bidding wars are now more of a thing in the suburbs than in the city. Developer Millennium Partners Boston significantly downsized the residential component of its Winthrop Center tower, slated to be the Financial District’s tallest, to include apartments instead of condos as a result of financing that nearly collapsed last year."

"Millennium Partners’ condo pullback has more to do with an isolated financing issue from the pandemic rather than a sign of a luxury collapse in downtown Boston. Other developers like Cronin are already searching for a site to build their next luxury condo project. 'Yeah, we’re looking. We’ve been in discussions,' said developer Jon Cronin, whose firm is building the St. Regis Residences, Boston. 'Location and product: I think that’s really what it comes down to for the lenders.'"

From WKBW in New York. "Donald Damato says his home on Prospect Avenue in Buffalo was the perfect investment for him when he purchased it last winter. But then, the pandemic hit, rent payments stopped and eviction courts closed. Now the apartment has holes in the walls, tiles broken and a landlord left to fix it all. 'So we've got no rent and our apartment destroyed because we cant evict anybody,' Damato said, 'no one can help us.'"

"Regardless of how much damage the tenant caused, Damato had no recourse. 'I don't know what to do, we pay our mortgage, utilities, taxes but because of the moratorium we can't do anything,' Damato said, 'courts are closed so no one can help us.'"

From Toronto Storeys in Canada. "Some of Toronto’s most luxe areas have lost significant value through the duration of COVID-19. According to Strata, the neighbourhoods hardest hit during the pandemic have been The Annex, Bloor-Yonge, Yorkville, and Casa Loma. These neighbourhoods experienced value-losses of ~30%, ~12%, ~12%, and ~11% respectively. Creeping up in fifth place is the Bay Street Corridor, which saw a 6.31% decrease in value over the last year."

"'After years of growth, Toronto’s luxury neighbourhoods suffered a setback in the past 12 months. When it comes to year-over-year value, some areas have dropped by as much as 30%. It’s a startling figure,' says the report. 'But not surprising given what we’ve seen throughout the province, as buyers move to traditionally-overlooked areas in search of cheaper prices and more space. Unfortunately, that means some of Toronto’s luxury neighbourhoods have taken a tremendous hit.'"

"'Buyers will often prioritize value over luxury when in a recessionary environment. Even those who have the means to purchase high-end properties are likely to hold off. Sometimes they worry that luxury might become devalued, resulting in a wait-and-see approach,' says Strata’s Broker of Record, Robert Van Rhijn, who reportedly believes 'a change in buyer thinking' is the real main driver."