jp
Quite to the contrary I see about 100 times or more than you do. I am actively selling homes all over SD and have been for many years. My perspective is not based upon a single person making decisions but rather having been watching this thing and in contact with homewoners and agents here for over a decade. Sitting in cyberspace and pull up a few anecdotes doesnt approach 1% of the experience I have watching this all unfold.
You constantly pull up these false anecdotes to prove your point with avery limited perspective.
NO ZIP CODE WAS OR IS IMMUNE! NO ONE HERE WAS SAYING IT LAST YEAR AND NO ONE IS SAYING IT NOW EXCEPT UBERBEARS WHO ARE TRYING TO SAY SEE I TOLD YOU SO. IT SIMPLY IS A LIE TO SAY OTHERWISE.
A year or two ago sellers in denial may have been sitting on over priced properties but looking at actual sales told a different story. You also need to factor in those are all unique properties and harder to comp out. In my hood there are at least 40 sales per year and it is extremely easy to comp things out. Things have been selling the whole time here. yes there have been some folks in denial but the comps have been clear every step of the way.