[JavaBrewer]

We have seen this before. Nearing the top now and sales are starting to lag due to crazy bidding wars leaving the newer buyers without the funds to compete. Anything you buy now get ready to sit on for 5-8 years comfortably. The market always comes back, has been since homes were erected in CA, but you need to be able to weather the lean times too. With the current economy, administration, and crazy CA politics I might be proven wrong (about the eventual upswing). Buyer beware these days. Sellers are living large for now.