Sorry to say this, but until we see an implosion in the equity markets, I’d say home prices are going to trickle down ever so slowly for awhile….
Locally, QC, brcm, Intuit are all near 52 weeks high right now…and also with open head count..Heck, even former 6 bucks motorola is at it’s 52 week top end…So I think we’re ways away from any type of “implosion” imho. (Don’t shoot the messenger)