Is There a Market for Single Family Homes?

We're in no man's land for real estate right now. Inventory of single family homes is lower than it has been in at least 40 years. People are listening to their house for 50% too high and then they're cutting the price by 10%. It doesn't work that way. If I was in the market for a house, I would pick 10 houses and I would lowball all of them.