I'm calling a "top" in real estate western Montana as well... In the last month, we have started to see a few price reductions, longer time on market, fewer under contract, more active listing. While at the same time, also seeing crazy behavior. One house on down the road from me listed for $725,000. Nothing for 30 days. They took it off the market and relisted it 3 days later for $849,000. Its been another 30 days, and its still active.