Plateau.
Most investors have feared it, and I think its in sight, the dreaded plateau of real estate prices. Just another indicator that the white hot real estate market is now cooled off. I've noticed lately also that the supply of homes for sale is up in neighborhoods I keep a watch in, particularly in Irvine. So everyone remember Econ. 101? More supply, stagnate demand, equals?? Lets all brace for a soft landing...hopefully. But if you are looking to get out this link may help:
CNN Article
CNN Article