I really hope we are not in a bubble but I worry about the irrational exuberance in this market..

An irrational seller is going to drive you insane.

They allow their anger to fuel their inaction, which is completely irrational, but happens all the time as well.Like any major life stressor, it compounds until the person has run out of time, and it is too late to do anything about it.Sometimes when a Seller is approached with a low offer, it only fuels their rage against the process. 

Most have no clue that their former earnings were purely a function of timing and irrational exuberance by the American consumer.

I was starting to think my instinct was getting irrational/fearful by turning down all these deals in the hood.

This is a very interesting question in deed....If you check out the book "Irrational Predictability" they have a very interesting case study on a subject similar to this one.Their findings were that if you decide to compensate someone partially for works they have voluntarily done then you cheapen the the entire scenario and actually leave the person being compensated more agitated than if you didn't compensate them at all.....Reason being when they do something voluntarily they get their pay from "Feeling good about doing something"....But when you introduce payment to the scenario instead of feeling good about doing something nice....They compare the pittance that you are offering to what they would normally be paid....and that serves as an insult....My suggestion would be to send him a note of appreciation with a gift card to an area restaurant....This allows him to know that you really appreciate his help and it doesn't set up a scenario of comparison to his normal fees.Eric Medemar

This is not a forum for that sort of irrational thinking.  

And when you get into the negative in REI it seems to be a lot of negative when it happens.Even though I have my market data, DOM's, and know the theory of how to make a house stand out from the competition in terms of style and what not I just have a fear that it will take much longer then 4-6 months to sell.Is this irrational considering DOM's in the neighborhoods I'm targeting are around 81 DOM?

Ah, irrational excuberance is returning...at least in the Golden State!

But I don't think the current activity in Utah (outside of St George, perhaps) is irrational like a decade ago.