Prices in my area have dropped but nowhere near enough.
That’s always been the problem I have with the process of purchasing a home. It’s always said the sellers pay the Realtor, but that money comes from the buyer.
I can’t speak for the industry, but it’s still relatively early in the correction process, and more importantly early in the process of accepting that RE prices are falling.
Prices in SD for example have fallen for 3 years, but only recently are people acting accordingly.