A report from KIRO 7 in Washington. "Buyers and sellers in the Seattle area are feeling the triumph and pain of a cooling real estate market in Western Washington. Numbers released by the Northwest Multiple Listing Service show the number of homes on the market in the area is up 11 percent to 18,580 active listings, the highest it’s been since 2015. But sales are down; in King County, pending sales are down 23 percent and in Pierce County, they’re down 12 percent. The new data also shows a $57,000 decrease in the median price of a home in King County in just three months. In August of 2018, the median price of a King County home was around $669,000. In May of 2018, it was more than $726,000."

"The cool-down in the sizzling hot real estate market is being felt by Catherine Sabol and her family, whose home in Renton has been on the market for about a month. 'What were your expectations when [your home] first went on the market?' KIRO 7 reporter Linzi Sheldon asked."

"'We were hoping—to be honest, multiple offers would come in within a two-week period and we would be a quick sale and be able to move on to our new home,' Sabol said. 'But that just wasn’t the case this time and it has been a tad bit slower.'"

"'I think sellers need to be a bit more realistic in terms of how they’re pricing their properties and adjust their expectations,' John L. Scott real estate agent Nelya Calev said, 'because I’m still seeing a lot of sellers who will say, ‘Oh no, the market's hot and hopping.’ Yes, if you price it right.'"

"'The big thing I see is that competitors are more reasonable with their offers,' buyer Liat Arama said. 'So I don't see those ‘Cash only, no contingencies’ offer competitions as much as I used to see, which is awesome. I think the market is becoming normal, reasonable,' Arama said. 'It was crazy; (it) was too hot. And it's now the way a real estate market should be.'"

"Sobol said she and her family are being realistic and believe with summer vacation over, a buyer is just around the corner. 'We understand because the market has been changing and there's a lot going on in our economy right now,' she said. 'So we're open. We know we'll get there. It'll just take a little longer.'"

From WTOP on DC. "When talking about D.C.’s hottest housing markets, new H Street, Columbia Heights and Petworth waterfronts usually float to the top. While Upper Northwest sells, overall the ultra high end of D.C.’s housing market has slowed, and multimillion dollar properties are the most likely category to see price cuts and long list-to-sell times."

"'A lot of foreign buyers have dried up because their home countries are making it harder for them to divest assets, and also it is more difficult for LLCs to buy because they now have to be named as to who the buyer is,' Corey Burr, with TTR Sotheby’s International’s Chevy Chase office, told WTOP."

From Crain's Chicago Business on Illinois. "A home on Oak Lake Drive in Barrington Hills sold at the end of August for less than its sellers had paid for it a full 16 years earlier, the latest in a series of gloomy data points in the affluent far northwest suburbs. The luxury property market has been weak in many suburbs this year, particularly those that lie far outside Chicago, but nowhere as weak as in the Barrington area, which includes the towns of Barrington, North Barrington, South Barrington and Barrington Hills."

"'Everyone's attention has really shifted toward living in the city, and we're so far from that,' said Judy Gibbons, a Jameson Sotheby's International Realty agent who focuses on the Barrington area."

"At the end of August, the number of homes sold in the Barrington area was down more than 14 percent from the first eight months of the previous year, according to Midwest Real Estate Data figures posted by the Chicago Association of Realtors, and the median price of homes sold year-to-date was down a little more than ten percent."

"From Burr Ridge in the southwest suburbs to Lake Bluff at the northern tip of the North Shore, no other place had as negative a combination of indicators. In Lake Forest, which is about as far north as the Barringtons are northwest, sales were up more than five percent and the median price down about four percent in the same period as the Barrington area's double-barreled droop."

"The hilly, sometimes bucolic landscape around the Barringtons is peppered with examples of the droop. In South Barrington, a 22,000-square-foot house on Star Line first hit the market in 2015, asking $10 million. The asking price is now $3.75 million. In Barrington Hills, a five-bedroom house with a 14-car garage on five acres on Plum Tree Road has been on and off the market several times since first going up for sale in April 2006. It's now priced at a little under $1.2 million. In Barrington Hills, a 1920s home on five acres on Merri Oaks Road, whose seller wrote a country song from the perspective of the house, is priced at about $1.2 million, or less than half the 2015 asking price."