I have lived in san Diego for many years on and off and in 1995 it was difficult to sell our 2 bedroom condo in Mission Valley so we finally just rented it. Back then, my real estate agent said that San Diego real estate goes in 10 year cycles so even though we are a little over that time frame, I believe there is going to be a strong correction. I don't believe what the real estate agents say since they just want you to buy a home and not wait. I myself am going to wait and see what happens this summer with the housing market and then go from there. FYI- If you look on the MLS listing, there are many homes that have been on the market for 100+ days and that's not including the homes that have been taken off the market like in my neighborhood of Carlsbad. Therefore, I think waiting a couple more months may give more direction in relation to this crazy housing market. All the Best