Quite a few realtors are in denial as well. I happen to have my RE license but I’m not a carreer realtor so I think I have a whole different perspective on this market. I’m currently considering buying a condo that I plan to live in at least until single family homes become more affordable. I’m dropping some serious low ball offers on condo’s that have sat on the market way too long. You should hear some of the voice mails I get from rabid realtors that just can’t believe I would make such a low offer. Trust me they are still competitive offers just not by todays “standards”. I actually feel like I’m doing them a favor by helping them unload it but they dont see it that way yet. I have two offers out that have not been rejected yet, I’ll let you know if one pans out.