This sounds alot like what the rest of SD did in late 2006, early 2007. Attached units falling, detached units just not selling very much. Crazy/terrible/destructive financing creaping into the picture, but stong economy of the past giving a sales history that doesnt indicate the pending drop. Belief that the end (of the correction) is near and that Uncle ben and his easy bake interest rate rice will spur consumer hunger again. Denial and entitlement abounding, holding everything together.
And look where the rest of SD is…..