Mix in the absence of a significant catalyst like higher interest rates and/or a significant change in employment prices are going to move at a slow rate. Actually if you measure the drops in certain areas in just 2 years the movement has been pretty substantial in real estate terms.
There is reality and then there is the blogosphere. Don’t get to caught up in what happens on your computer screen. The real world is a bit more accurate but it will catch up at a more realistic pace.