Are Fairies Real?", of course. The Fairies of today are believed to be small, delicate and feminine. While most people can't see fairies, some children do see them. Some people can see the actual fairies, while others see a white misty shape. Still others see colored lights and some can even sense their presence. They like to live near meadows or gardens or in a fairyland. They do interact with humans sometimes, but not only with good intentions.