I think that there’ll be a certain floor for SFH, say $250 – $300k.
But I would not be suprised to see at $1.8 million house fall to $900k. The drop will vary the type of properties, but I don’t believe that the high-end will be insulated. For example a 950sf North Park house that sold for $750k at the peak could easily drop to $350k. Same goes for that bungalow in Encinitas.