A report from the Desert Sun in California. "Madelaine LaVoie greets visitors with hugs and brownies at her Yucca Valley real estate office. LaVoie points to a little black cabin, with a mid-century slanted roofline and a wooden pergola, on the horizon. 'That one just closed escrow for $400,000,' LaVoie says, adding that it's a one-bedroom, one-bathroom house. 'There's only a few of them up here, and they're coveted... they all want this, and they pay through the nose to have this kind of a look.' 'They,' LaVoie said, are a stream of out-of-area homebuyers flooding into the high desert, particularly Joshua Tree, in the last two years. In the last year, these buyers have driven the high-desert hamlet's prices up by more than 30 percent."

The Lakeland Times in Wisconsin. "According to data released by the Northwoods Association of Realtors (NAR), real estate sales over the past quarter - July through Sept. - have continued their positive outlook. In Oneida County, off-water home and condo sales increased from 96 to 116 over last year, however the average price of home sales only increased by $1,500. 'The number of sales have increased but prices have stayed kind of flat,' NAR member Bonnie Byrnes said. 'I think that's indicative of the fact we still had a decent amount of inventory to work through.'"

"'Probably the one sector that still seems to be struggling is vacant land, both waterfront and off-water,' Byrnes said. 'Mostly because there are still such good deals out there for existing homes, to build new, you might not come out ahead. You get what you want but you might have a better value in an existing home.' Vilas County's vacant land sales are likewise all over the board with off-water lot and land prices decreasing by an average of $4,250 but increasing by one in the number of sales. On-water lots and land however decreased in both average price - by half - and number sales."

From ABC Action News in Florida. "In real estate timing is just as important as location and right now the timing is getting better for buyers. Price reductions are becoming more common all over Tampa Bay. A quick search of homes in the $400 thousand range and you'll find reductions of $50 even $100 thousand dollars. Real Estate Agent Vince Arcuri says price reductions in the Tampa are starting to pick up, but he says the reason has less to do with election anxiety and more to do with supply and demand."

"The summer is over, the rush of buyers has subsided, and inventory is up. 'Which means as a seller you have to get a little bit more aggressive on price,' says Arcuri. This is a smart time to buy a home. And if you're selling Arcuri says it's time for a reality check. 'If your home hasn't sold and it has been on the market for a couple of months, it's a wise move to reduce your price , because of the time of year we are in.'"

The Greenwich Sentinel in Connecticut. "The strong market under $2 million has continued all year and into September. Over $3 million the high-end sales slump continues with seven fewer sales this September compared to last September. Our inventory for $2 – 3 million is down 15 houses and contracts are up 3 houses. As a result, our months of supply in that category are down by two months from 14 months to 12 months. So while it’s still very much of a buyers’ market the market is getting better."

"Now you would think with all the inventory that we have at the high-end that everyone could find what they want, but there has been a real sea change in what people are looking for in this price range. A classic example of a house that the owners did a great job of redoing for today’s market is 5 Lindsay Drive. It’s beautifully decorated and cool grays, white carpets even down to the master bath. It will be interesting to see what happens to any of the really beautiful houses that we have that don’t fit what many of the US buyers in this category are looking for. "

"After an interesting start with some high inventories at all levels, the year has settled down and is actually doing better than last year all the way up to $3M. Over that amount the market is not dead it’s just slower than last year with somewhat higher inventory and sales down a little."

The Eurasian Review. "We’ve seen this movie before. Next time you crane your neck up into the neon lights of New York City, you just might be looking up at a vacant apartment. Nearly 5,300 apartments in Manhattan are listed for resale end of September 2016. Buyers are playing a waiting game, sellers want to cash out. Year on year apartment sales in Manhattan are down 20 percent for September. This trend is not limited to New York City, though."

"A three bedroom single family home in Springfield, New Jersey is up for sale at $700,000 and lying vacant for five months; a three bed, three bath plus basement townhome in a Columbia MD cul de sac in one of America’s best school districts was advertised for $450,000 and sold for $400,000 this summer."

"Exactly ten years after the first cracks appeared in what would become the great crash of 2008, prices are cooling off in America’s housing markets that were red hot for five years on the trot. The five-year surge in real estate demand across the West is starting to take its toll in some areas as buyers become more reluctant to purchase a home that would eat up a large chunk of their monthly earnings. Rents are falling too. Lower rents and higher supply of apartments are making more people wait out the home buying decision."

"Cheap debt and the decades old packaging of home ownership as a wealth accumulation tool (never mind the debt) in American culture mean that housing crises are a routine blot in America’s economy. The way America does home loan business has not changed. Every home loan is bundled into a bond, guaranteed by the government and sold to buyers worldwide."

"The mechanics are far more complicated, but it’s not far off the mark to say that a New Yorker’s thirty year mortgage may well be a bond held by a Chinese investor living on the other side of the planet. At least $7 trillion of America’s housing market — the world’s largest asset class — is held exactly like this in the hands of investors worldwide. On the regulatory side, while banks have tightened processes, the fizz is slowly going out for home sellers. After years of nonstop price spiral, buyers are getting price fatigue."

"In the past five years, home values have soared seventy one percent in Denver, sixty six percent in San Francisco and fifty four percent in Austin, Zillow data show. Nationwide, the gain was twenty two percent. Western cities — especially San Francisco, San Diego, Los Angeles and others like Austin, Texas — which led America out of the Great Recession with a job boom mainly in technology are showing signs of cool off."

"The same study says buying a roughly 700 square-foot apartment is out of reach for most ‘highly skilled’ people earning an ‘average’ annual income. Surplus high end units in ritzy neighbourhoods and slower growth in high income jobs mean that home prices that are at the tippy top like they were in 2006 than they’ve ever been may get no takers for months — pushing prices down."

"Almost 200,000 units have come into the rental market in America in the past twelve months and 2016 will set records for construction figures or break them. Lenders are getting more selective about the projects they fund. In a line, if you’re putting money into a house in America, bargain hard and rent while you wait it out. In both cases, you’ll be better off than you’ve been in the last five years. Prices may fall back to earth."