Quick answer: No, there won't be.
(1) Limited inventory
(2) No panic selling
(3) Tons of equity
(4) Tight lending standards
(5) Tiny foreclosure and short-sale numbers
For more information on the systems that I use and the extremely effective strategies I employ for both home buyers and sellers, please contact me.
Michael Hausam is a licensed Realtor (BRE Agent #1319560) and Mortgage Loan Originator (NMLS # 1577195). He's been a resident of Orange County, CA since 1990, he funded his first mortgage loan in 1991, has had a B-1 general contractors license since 2005, and he has had his real estate license for over 21 years.