Psychopaths are still out there trying to sell their $450k home for $850k, but there are far less buyers out there because interest rates are through the roof. I don't think they got the message that they may have missed the boat because more buyers are sitting on the sidelines because of interest rates.

I've started seeing more prices drops, and far fewer homes listed for sale over the past month.

Unless you have a ton of cash available for a huge down payment or you can afford to buy a new house outright, I can't imaging buying a house right now even if you can get more for the one you are selling. Can't imagine taking out a mortgage @ anything above like 4%, never mind the 6% or so its at now.