When I look at homes in an area like San Elijo Hills that are currently selling for 700k, my intuition tells me that they will drop to at least 500k during the next two years. My subconscious is comnbining the millions of facts that I have seen on this site and others and weighing the odds of a recession, layoffs, a continued housing crash, and heaven forbid a terrorist strike on this country, rate rises etc. Just as Nostradamus predicted ‘hisler’ and the soon to be revealed antichrist who will rise from the European Union, I am confident in 500k, if for no other reason than the fact that the average person in North County looks at those stucco boxes and says, “700k, are you kidding me! Maybe 500k, but no way I’d pay 700k.”