I feel for you and anyone trying to move here. Its especially tough now but truth be told it has always been tough the 30 or so years Ive been here. I bought my first primary here in 97 and it felt ridicuously expensive. I moved up to my current home in 99 and thought I was the dumbest guy on the planet paying what I did but hindsight has been very kind to me since. Its worse than buying a car or TV in that you never feel like you got a great deal here.
With some many of us homeowners comfortably locked into low rate 30 year loans I dont see a pathway to a full crash anytime soon. However the market is becoming more seasonal than it has ever been. I think there will be good opportunties coming again this Fall and perhaps the Fall after.