A report from Boston.com in Massachusetts. "After modest growth in sales activity in Boston area housing, the market slowed down in June to its lowest level in four years, GBAR reported. GBAR President Jared Wilk cautions homeowners not to get too aggressive on pricing, as this could reduce the pool of buyers for their property. Wilks said more bids are coming in under the asking price, and overpriced properties are drawing fewer offers, sitting longer, and requiring a price reduction or two to sell. Wilk said the average number of days a house is on the market is longer, and real estate agents are beginning to see price reductions. 'But overall, the prices are not coming down,' Wilk said. He said the price reductions are only because asking prices are starting higher."

WKRN in Tennessee. "The Greater Nashville real estate market has done an about-face. Through a pandemic, and historic interest rates, the Greater Nashville real estate market looked unstoppable. Sales remained strong. But, this summer, that’s shifting. 'Total transactions are down 13% from last month, but they are also down 13% year-over-year,' said Jeff Checko. Checko, the relocation director with The Ashton Real Estate Group of RE/MAX Advantage, points to new data that shows sales down double digits, and inventory up 36.2% since last year. 'In certain areas, it feels more like a buyer’s market where buyers are calling the shots and, at the very least, getting concessions and in a lot of cases, price reductions and concessions.'"

Sun Coast News in Florida. "Peter Hsu steers his SUV around the streets of Glen Lakes, pointing to the home construction sites at Gentle Ben Court and asking if anyone else would want such a sight in their community. He and several other residents of the country club subdivision off U.S. 19 have raised concerns with the Hernando County Commission as the builder, ARC Homes, sought variances on a corner lot on Gentle Ben Court. The houses being built for rent don’t have the architectural flourishes of the older homes in Glen Lakes, it’s clear from a drive through the areas where there are rental homes. The houses don’t have pools, he noted, asking who would buy a home at that level and not want a pool? 'It looks really nice on the outside, they have nice landscaping and all that, when you go inside, it’s crap,' Hsu said. 'They can’t sell it. They’re asking the moon. They’re asking like 500 grand.'"

From WFAA TV. "We have houses for sale back on the shelf again in Texas. In the Houston area in May, there were 3.93 months' worth of homes on the market. That was the most inventory of homes for sale since August 2019. In DFW, there were 3.5 months of inventory in May, the most since November 2012 (and that spiked further to 3.78 months of inventory in June). In May, San Antonio notched 4.81 months of housing inventory, the most since August 2013 (and that number inflated to 5.19 months of inventory in June). In the Austin area, there were 4.5 months of inventory on hand in May, the highest amount going all the way back to October 2011 (and the housing supply figure there also rose further in June to 4.84 months)."

"After many years of relative listing scarcity, all of a sudden sale signs are popping up. The quick turn is not surprising to Real Estate Broker Joe Atkins of Joe Atkins Realty. Buyers, this is the first time in all of my check-ins with Atkins that I can remember him saying this: 'I think we are 100% in a buyer's market.' If your home isn’t priced competitively, Atkins says you can no longer count on the showing frenzy that we’ve been seeing for years, 'Something just fell off a cliff. And you know, we have listings go on where typically in the first 48 hours you're getting…anywhere…two to four showings. And we had some listings we saw that weren't getting shown at all in the first three days and we're kind of like, hmm. That's interesting. I hadn't seen that in 10 years.'"

"There are still homes that are getting multiple offers. But even in those situations, something may have shifted. Atkins was just networking with other real estate agents who shared an experience they’ve had with recent multiple offer situations. They said even though the buyers were competing with each other for the same home, they were all coming in just under the asking price. That’s very different. And so is the fact that the potential buyers opted not to get into the expensive bidding wars we’ve seen for several years--and even earlier this year. Remember those? 'People were like, what if another house doesn't come up and then we can't afford it? Now people are like, you know what? We lose it…we lose it. We got three more to look at in the neighborhood, right? So I just think this is really something sellers really need to know.'"

Arizona's Family. "You can see it from the street and down the block, but the best view of the large building is from Stephanie Jacques’ backyard. 'My first reaction was despair,' Jacques said. 'It was heartbreaking that this was going to be the new view of my backyard.' For the past six weeks, the Phoenix mom and her kids have been hanging out in their pool with a giant structure hovering over them. The structure is taller than any home on the block. 'I understand adding value to your property, but not at the expense of diminishing the value of the property of your neighbor,' said Jacques. 'It completely encompasses our backyard and changes the whole overall environment. We don’t have privacy anymore.'"

"The city’s new casita law to address the housing crisis has sparked a wave of new construction. But the pool house construction is different. City officials say it is not a casita because it doesn’t have a kitchen, and no one will live there. The structure also exceeds the size of what’s allowed, so a 'use permit' needs to be approved by the city. 'If they needed to build a casita in backyard, that would be fine,' said Jacques. 'But this is two stories, over 20 feet tall, over 1,200 square feet; this is a second home.'"

The Colorado Sun. "Federal judges have dismissed two lawsuits filed by property owners in Summit County challenging recent regulations on short-term rentals from the county and the town of Breckenridge. A coalition of more than 100 property owners in Summit County in September sued in federal court in Grand Junction, calling county rules that limit short-term rental property owners to 35 bookings a year and imposing a 2% tax 'a blunderbuss response' of 'successively more severe, wide-ranging, misguided and unlawful regulations.'"

"Toby Babich, who manages several dozen vacation rentals in Summit County, said his visitors and owners are crucial contributors to the county’s economy. 'I think that the second homeowner community, the majority being Colorado residents, held a hope that their rights would be protected by a competent court, and at the very least their arguments would be heard,' Babich said. 'The dismissal is a disappointment to the Colorado tourism industry, the vacation rental industry, and an affront to thousands of Colorado property owners who deserve protection from the incessant overreaching arm of local government always in search of more control and revenue.'"

The Real Deal on California. "The owner of the century-old Hotel Carlton in San Francisco has sued its former operator, Sonder, for failing to pay $1.2 million in back rent. Sutter Street Property, landlord of the 169-room boutique hotel, has sued the locally based short-term rental company led by Francis Davidson for not paying the rent at 1075 Sutter Street, in Nob Hill, the San Francisco Business Times reported. The messy departure comes as Sonder seeks to trim thousands of rooms from its global hotel portfolio to improve cash flow and to fix major accounting errors that understated its net losses over the past two years, according to the Business Times. Last month, Sonder announced it had signed agreements to exit or reduce rent in 105 buildings with 4,300 rooms, vacating 80 of them across its portfolio this year."

The Los Angeles Times in California. "Deaths from drug overdoses and poisoning reached a plateau last year in Los Angeles County — the first time in a decade that such fatalities had not continued a year-over-year rise, public health officials said. Across L.A. County, 3,092 lives were lost to drug overdoses or poisoning in 2023, a slight decline from 3,220 deaths the year before, according to a newly updated report. 'We're still in the worst overdose crisis in history,' said Dr. Gary Tsai, director of the substance abuse prevention and control division at the L.A. County Department of Public Health. The report also divided L.A. County into geographic regions and found that the rate of fentanyl-related deaths has been starkest in its 'Metro' region, which spans from Eastside neighborhoods such as Boyle Heights and El Sereno to West Hollywood and includes downtown L.A., Westlake and Hollywood."

The Toronto Star in Canada. "Ontario’s cottage real estate market has remained 'very quiet' following the Bank of Canada’s June rate cut, and unless there’s a deeper drop in interest rates, prices could be headed downward, says an expert. 'The best case scenario from a price perspective is that prices remain flat,' said Re/Max broker John Fincham, who focuses on real estate in Parry Sound and Muskoka regions. 'The luxury market is holding the median and average price up, but now the luxury market is shaky. I think worst case, we could see a further 10 per cent drop in prices (in Ontario). I don’t see an increase in value, it’s very quiet,' adding that there’s too much supply and not enough demand."

"At the end of the day, Ontario’s cottage market is shaping up to be similar to last year, which was 'dreadful' in terms of sales, added John O’Rourke, broker at Royal LePage Lakes of Muskoka. 'We have so much inventory right now, we would need to have a real spike in sales to have a good fall market,' he said. 'During the pandemic, the pendulum swung so far one way, and now it’s definitely swung the other way.'"

The BBC in the UK. "A homeowner said her dream had turned into a 'nightmare' over unfinished works to a five-year-old housing development. Lin Glover said residents felt deserted by developers Taylor Wimpey who have not yet completed roads and paths at the Lily Hay estate in Shrewsbury, Shropshire. She described unfinished roads causing residents car trouble including punctures, split tyres and issues with suspension - and also leading to falls. She said she loved her house and neighbours but the situation had even led her to consider a move. 'I was sold a dream, they tell you whatever you want to hear when you're buying your house and I'm living a nightmare,' she added."

The Telegraph. "Thousands of protesters have filled the streets of the Majorcan capital to demonstrate against mass tourism, with posters apparently targeting British and German visitors. One banner, written in English, read: 'Take Back Your Drunks, Give Back Our Homes.' Another poster, mocking England’s defeat to Spain in the Euro 2024 final, read: 'The only thing coming home is you,' with a picture of one of the defeated England players. A similar sign targeted Germany, also beaten by Spain in the Euro 2024 championships. Anti-tourism activists have staged a series of protests this year in Barcelona, Palma, Malaga and the Canary Islands, claiming holidaymakers in tourist flats drive up housing costs and force the eviction of local people who cannot afford to live in their own cities. Spanish police said around 20,000 people took part in the demonstration."

"Pere Joan Femenia, of Menys Turisme, Mas Vida (Less Tourism, More Life), which organised Sunday’s protest, told the Telegraph: 'What we want is to change the tourism model which is overwhelming the island. We cannot live here because house prices are so high. Beaches are swamped by tourists and public services are under incredible strain.'"