Even though the economic fundamental for a regular boom is not there but the artificially inflated price due to more money is valid.

There is also some concern (i don't have details) about the level of condo fees and the suspicion that they are being set artificially low on new build.

By the feds own terms real estate is being "boosted" by low interest rates, therefore prices today do not reflect reality(if rates were market set).Borrowing capital in of itself is pulling future economic activity to consume in the present.So this extended period of low rates and now record debt has guaranteed lower economic activity and a curb on growth in the future, and as always happens with artificial inputs to the economy, Mal-investment,  which will have to be rectified in the future.low rates cause investors to take risks they otherwise would not have. 

Interest rates today have been artificially kept at historic lows, and are expected to rise in the coming years. 

Currently, the rates are going up partially due to Fed unwinding their balance sheet....Asset prices are sooo overvalued because of the artificially low rates for years...I expect asset prices to drop as rates go up....

Calculations without cap expense will show an artificial cash flow with huge cash flow impacts when the house needs to be re-plumbed, needs a new roof, HVAC, kitchen, subfloor, foundation, etc. 

The fed is artificially propping up the economy with QE4, developers are overbuilding, and the market seems like its shooting up way faster than it deserves to and I feel a correction is imminent.

:BP needs to coin a phrase for the opposite of irrational exuberance, where people think real estate is forever bound to fail because an artificial bubble popped a decade ago "The sky is falling", or "The Emperor's new clothes"?

They are literally artificially driving prices up. 

After this initial surge in refi demand that is artificially inflating mortgage rates I think we will see sub 3% on 30 year fixed rates for primary residences.