I too was looking at places and put in offers that were rejected in March 2006. After wondering how these places could reject my offer at such crazy prices, I decided to do more research.
After finding this site all my wondering stopped, because the data was here for me to analyze.
I was even able to show my wife the graphs and she too won’t even look at MLS data until 2008. (I just wanted to show her how prices are coming down)
I’m glad I found this site, and enjoy the intelligent and sometimes not so intelligent banter it provides.