San Jose is considered a less prestigious area of the Bay Area, and home prices are DROPPING here, but not yet as dramatically as seen in San Diego
stockstradr, at this time last year when prices in SD were dropping, prices in the bay area was holding up pretty well. That tells me: the bay area is merely lagging the rest. The myth that "it's different in the bay area" is just that, a myth.
In 2005, I moved from the bay area to SD for a job change. I lived in the bay area for a few years, so, I know the bay area "mentality" well. The denial factor in the bay area is very strong.
