Looks like the mdeia is

[andymajumder]

Looks like the mdeia is already covering it as a big boost for the housing market in California. http://money.cnn.com/2008/01/25/real_estate/stimulus_plan_targets_pricy_housing/index.htm

"This will have a big, immediate impact, especially in California where sales have been down most significantly," said Lawrence Yun, chief economist for the National Association of Realtors. The 1 percent drop is a huge factor," said Yun. "In California, it could create a mini-boom."

More coverage,

http://www.msnbc.msn.com/id/22826663/

Does this mean its the end of price drops as of now?

They really are playing it as though prices might start going up again and this may cause a lot of potential buyers to jump back in.