A report from KDVR on Colorado. "The red-hot real estate market in Denver may be cooling off just a bit. New data shows there is more inventory available and the houses may not sell as quickly as they did in the spring. Miranda Streit said her six-bedroom house in southeast Aurora listed on Friday and they only had six showings in four days. 'We are a little surprised,' she said. That’s not what she and her husband were hoping for. 'A couple of months ago, when our neighbors sold their house, they had a line out the door waiting to go in and out,' she said."

"'Our market has definitely shifted in the last couple of weeks, significantly,' said Kelly Moye, spokesperson for the Colorado Association of Realtors. 'What we are seeing more now is three-to-four weeks on the market. We are not seeing the multiple offers like we used to see. There are some sellers who are getting a little frantic because they really thought their houses would sell in a day or two, and they haven’t, and so you might have a little bit more motivation there than what you had before.'"

From Fox 10 Phoenix in Arizona. "Some housing prices in Phoenix are pointing to a shift in the Valley housing market, recently known for its high prices as the population quickly increases. A housing analyst said a combination of buyer fatigue and more home sellers have led to a higher inventory of homes and that brings higher hopes for buyers. Now, there's a ray of hope for homebuyers, says senior housing analyst for The Cromford Report, Tina Tamboer. She sees the housing market starting to cool in the Phoenix-area."

"'It's the difference between 500 degrees and 300 degrees. Many won't notice. That’s what we do,' she said. Tamboer says subtle shifts, like more home sellers dropping their listing prices, specifically in homes over $400K, is what she's starting to notice."

The Boston Globe in Massachusetts. "After a frenzied spring, Greater Boston’s housing market is settling into something slightly closer to normal. The number of new listings climbed — perhaps as would-be sellers see sky-high prices and decide to take what they can get — and the bidding wars of this spring have faded just a bit, said association president Dino Confalone."

"'We think the market is poised to catch its breath,' said Confalon. 'We expect sales to slow and the run-up in prices to ease in the second half of the year, as the current level of activity isn’t sustainable.'"

The Dallas Business Journal in Texas. "Home sales in Dallas-Fort Worth are down 5.8 percent compared to last year — the third-largest decrease year-over-year in the U.S., according to RE/MAX. The results are another sign that the scorching North Texas housing market is slowing down, said Michael Coburn, broker/owner of RE/MAX Town & Country in Allen. Much has changed over the last 30 to 45 days in DFW, Coburn said."

"'We still see multiple offers on properties, however not on every home, as we saw previously,' Coburn said. 'If a house goes on the market and does not receive multiple offers within the first weekend and stays on the market over a week, buyers are not offering over the asking price and, in some cases, coming in with an offer lower than the list price.'"

"Only Billings, Mont., and Boise, Idaho, had larger annual sales decreases than DFW in June, according to the RE/MAX report. Buyers in DFW shouldn’t worry about a housing bubble, Coburn said. Instead, the sales decline signals the market is returning to a more normal state. 'If you have not been able to purchase a home during the crazy spring and summer months, hang on,' Coburn said. 'The winter is coming and you will find it easier to be a buyer in this market.'"

The California used house salespeople. "Despite an impressive performance in the first six months of the year, the market momentum appears to be moderating with existing home sales dipping for the second month in a row, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said. 'We’re starting to see what a difference just a slight uptick in inventory and listings can do to help lessen the buying frenzy and create a sense of normalcy,' said C.A.R. President Dave Walsh. 'The market is still extremely competitive, with 70 percent of homes selling above list price; however, the number of new listings increased in June, and both the share of listings with a reduced price and median reduction amount increased, giving buyers more opportunities to purchase.'"

The Long Beach Post in California. "You’ve got a million bucks? Big deal. Everybody’s got a million bucks. Hundreds of homeowners in town could liquidate their assets and be millionaires. Homeless, sure, but nevertheless millionaires. And then they could turn their lives around and buy a million-dollar house. Again, big deal. The entirety of the East side of town, from Belmont Shore all the way up to the Hawaiian Gardens border, is blanketed with million-dollar homes—that is, homes that are listed between $1 million and $1.25 million."

"You go to LA, $4 million is nothing. It’s their equivalent of a $20 bill. You hand $4 million to a Los Angeles homeowner and they buy a car with it or give it to their kids. I recently saw a listing for a mansion in LA where the seller had reduced the price by $100 million. Reduced! But in Long Beach, $4 million or more buys the best, which is why Realtors always say Long Beach is the most affordable seaside community around. You’re never going to see a property in this town where the price will be cut by $100 million."

"You can see a price cut of a million, though. The owners of what could still wind up being the most expensive home sold in Long Beach, an off-water mansion at 93 Giralda Walk in Naples, recently knocked a million dollars off their list price of nearly $9 million, so now they’ll consider nearly $8 million. And it certainly hasn’t deteriorated in the 134 days since it hit the market."

The Globe and Mail in Canada. "151 Inglewood Dr., Toronto (Moore Park). Asking price: $4,125,000 (May, 2021). Selling price: $4,020,000 (June, 2021). It drew in nearly three dozen visitors, but no one reappeared the evening of the offer date. Luckily, the next day, a buyer worked out a $4.02-million deal."

"'There was a property listed at the same time on the same street – but further in on a coveted lot and at a lower price – and they had an offer date and did not receive any offers,' said agent Dino Capocci, 'and another one was listed for multiple offers and did not receive multiple offers either, but it sold close to list. So, I do feel the market is cooling quite a bit.'"