http://patrick.net/housing/crash.html excellent report on the inflated housing markets, from a sensible attys notebook.

foolish women who marry stupid arithmatic challenged losers who want and need a working womans paycheck to pay for a home end up being charged TWICE AND THREE TIMES THE PRICE FOR RENTS AND HOUSING PRICES for NO FUNDAMENTAL REASON other then greedy biz men know dumb stupid paycheck working wives and thier non real man, leeching paycheck leechen non husbands. The biz gougers know these DUMB working wife whom the bum males call thier milk COWS, these self abusers and thier pimp parasite mysoginist males, will stupidly pay TWICE AND THRICE for rent and housing rates because they are stupid and exploiting each other so they are EXPLOITABLE by the rest of the world of unscrupulous greedy amoral real estate gougers, liars and creeps.
I know one landlord who owns over 800 units, he said when dumb wives started working he saw couples had two incomes so HE JUST DOUBLED and TRIPLED his rental rates to take the 'dumb working wives money' the couples double income, FOR HIMSELF.
And he laughed at how DUMB these working wives are to pay him twice and thrice the rental and inflated housing prices. Andy, his name, his wife never worked a day in her life after she married Andy, who is her husband. The word husband means husbandry, means provider. They live in a small house and laugh at all the fools who try to 'live large' and need dik paychecks, dik =double income w/kids, moral and arithmatic challenged losers.
If you are a woman and your husband needs your paycheck , you do not have a husband, you have a pimp, and a child care thief, a child and woman exploiter, and the rest of the business world sees this and overcharges you dumb paycheck exploited women and your pimps accordingly.
The good news is working women account for the bulk of the 76% USA divorce rate, when a woman works she can throw a parasite 150-200 pound non 100% providing male in the garbage, which is where these cow milking, cow exploiting pimps non husband, non real men, belong.

When no one buys these overpriced white elephant styrofoam mcmansion houses the owners will go bankrupt paying the taxes and maintenance and thier own mortgages.
Offer 40-50% of ask price if you are buyers. Scummy realtors, appraisers and lenders have been lying all along about realistic housing and rental prices. It is time you let these debt ridden liars drown in thier own inflated delusions, prices, fraud, greed and debts.
They work on commission so if you do not buy thier inflators lies they are forced to be realistic and drop prices so they can get any commission.
I know bankers who have 90% of the homes in thier portfolios in FORECLOSURE. It is a desperate time for the liars and phonies inflated housing markets.
My advice to mathamatically sane fundamentally sound people is, offer 40% to 50% of what any gouger asks.