You can download median prices and median rent from Zillow Data, historic and present.Don't zoom in too much, you start getting false indications.

I'm going to take an absurd example just to illustrate my point.

And with that, it's "realized" that it's a false feeling. 

This is just the state of the pool that's been being pissed in for over 10 years fueled by gov stimulus including absurdly low interest rates/yields, and now the water is yellow.

Absolutely, yes.Market is high right now but the FED and other national banks have printed a an absurd amount of money and inflation is likely to continue.

But the offer that she said she would accept is $130k below market value.Sounds like a question for @jerryllnoorden PS listing contracts are 100% enforceable.. not sure who told you that but that is a false statement . not sure what Jerryl can add to the validity of a listing contract I dont believe he is or has ever been a licensed agent and dealt with listing contracts and the laws behind them.

False scarcity and the perception that there are no good value plays in other investments right now.

The bank refused to issue a loan on a $3M 12 unit in Mansfield simply because the rent collected would barely cover the mortgage and we would end with a $2,500 a month income on a $750,000 down payment which is around 5% CoC return which is absurd.

Again, some of the information on the receipt was in the Sellers handwriting but the note about last months rent was clearly written in the tenants handwriting.Long story short, we won't accept her claims because it appears to be fraudulent and because the owner and tenant gave us no information regarding last month's rent nor did the seller transfer the funds to us at closing. it's not a big deal but had the buyer used an estoppel agreement it would have saved us a lot of time dealing with her false claim.

So many come in believing this stuff is an easy get rich quick gig which is a false premise and  primary reason so many fail.