Saw an episode in Orlando, from 2009 I believe. A young couple was looking for 5 bedrooms 3 baths. So the first house they showed had like 3500 square feet and it had two garages, for 4 cars!
And it was $280k. I searched the development and looks like there are a lot of foreclosure sales. But the show didn't mention it at all yet this couple bought a home listed for $290k (another McMansion) for like $40-50k off and they attributed it to their agent's negotiating skills.
Guess the show doesn't want to inject a depressing note about the economy or particular markets.
There was also a London episode where a young woman who had flipped a dozen properties in London bought a 1-bedroom apt. for $800k, $400k off the original $1.2 million asking price. So some signs that the financial crisis has hit home prices but would never have imagined London would be affected.