The Atlanta Journal Constitution reports from Georgia. "Atlanta’s home prices rose 5.8 percent during the past year, slightly better than average gains across the country, according to the S&P/Case-Shiller House Price Index. The pace of price increases has been slowing. The stock of homes for sale has been historically low overall, but uneven, with a low number of listings among modestly-priced homes and a surplus at the top end of the market. Now that surplus at the higher tiers may be trickling down. 'There’s getting to be a glut of inventory at the high end,' said Nancy Keenan, realtor at Keller Williams Peachtree Road. 'You may have 100 choices at this point. And that is starting to happen at the lower price ranges. Now, we are looking at a glut of inventory at $600,000 and up.'"

"She worked with sellers of a house in Virginia Highland, bought two years ago for $560,000, and priced it at $639,000. 'We put it on the market for two weeks. There were 15 showings and no offers.'"

News on 6 in Oklahoma. "Two and a half years after breaking ground, owners of new downtown Tulsa condos Urban 8 still haven't sold a single one. The eight units, which at one point had a price tag of close to $1 million a piece, don't have any new tenants. Recently - an available sign went up outside of the Urban 8 office building, with the realtor only telling me the space is available for lease or rent. The price of the condos has also been slashed by $200,000. Developer Yvonne Hovell tells News On 6 the project is still moving along, but a glance inside the condos still shows bare, unfinished walls."

The Toledo Blade in Ohio. "Metro Toledo and three other Ohio cities are among the worst areas in the country when it comes to the percentage of homes still 'seriously' underwater. Nearly a quarter of the houses with mortgages in metro Toledo, or more than 71,000, were considered seriously underwater in the April through June period, according to Attom Data Solutions. The 23.6 percent of Toledo’s housing units in such condition was enough to rank the local area No. 5 among the nation’s biggest metro areas, the study shows."

"Worse than Toledo are Cleveland, Las Vegas, Akron, and Dayton. Cleveland topped the dubious list at 27.5 percent. But other Ohio metro areas also fared poorly, with Youngstown at No. 14 with 18 percent of its homes with such negative equity; Columbus was No. 20 at 16.6 percent, and Cincinnati was No. 24 at 15.6 percent. Ohio was the third-highest state at 20.9 percent, behind Nevada, at 22.2 percent, and Illinois at 22.1 percent."

"Perrysburg real estate broker Jon Modene, of ReMax Masters, who specializes in foreclosed, real-estate owned, and distressed properties, said metro Toledo’s fifth-place ranking seems accurate. 'There are many people who have hung on and didn’t want to lose their house,' Mr. Modene explained. 'There are a lot of upside-down houses in [Toledo]. And you have banks that have been letting people stay in houses even while they are underwater. I call it a shadow inventory.'"