Question by foxyraley: How low will the housing market go in California?
Since it is a buyers market
and how long will it last being a buyers market?
Of course this is only ones opinion.

Best answer:

Answer by VaTreasures
I think most markets are shifting from the sellers markets in the past 5 years to equillibrium rather than actual buyer’s markets. It has mostly to this point been an increase in the time on the market rather than an actual reduction of sale prices.

At least that is what we are seeing on the East Coast.

Know better? Leave your own answer in the comments!