As per me, San Diego might be ready n refresh with an additional decrease of home values around 29% especially in the areas of Carmelvalley and 4S Ranch and other expensive and crowdy areas. There could also be a chance many price gaps would be sqaured up by 2012, the price gaps I am talking about are these days we can see similar homes got various price ranges in the same neighbourhood due to this turmoil. Once this occured then San Diego might be slowly getting ready with steady gain perhaps 3% from 2013 onwards ….. if all our current Obamanomics works fine. Well if Obama crash rather than skid… then the truth would be bitter and unpredictable.