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Just to break mold, I'm going to NOT quote from something written by Tolkien in order to try to approach your question, Lal (don't have much time right now).
It depends on what one means by "realistic", doesn't it? If by that one wishes to bring in all the typical stuff of the modern day world, which includes a tendency to NOT let the imagination have its play, then realistic is what this article's author is talking about. If, by that word, one is referring to deep, inner reality that looks past the confines of everyday, mundane existence, seeking Meaning, then one has a completely different idea of what Reality is, and one is going to look to fairy tale and fantasy and myth to find what one is looking for.
That's my take.
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