PD you are absolutely correct about the masses. They just haven’t caught on yet or are in denial. They gather bits and pieces from the media that makes it sound like things are fine. They don’t read Piggintons so they are just in the dark. This is just human nature – follow the herd. Realtors know but try to pretend it’s fine. They have to. It’s their livlihood. I guess that’s why they just keep pricing new listings so high. I have been watching Valley Center. I too, am looked at like I’m a loony whenever I voice my opinion on the market. And friends and relatives think I’m nuts for selling my house.
