NsXMas said:By the way, part of the attraction of living in Fresno is that so many other people have a negative perception of it (most of which has no real basis other than hearing second hand facts about Fresno). This means that real estate will continue to be affordable compared to most other parts of California. Would you want to try to compete with everyone else in the State when buying your home? This is the same reason I bought a home in Phoenix - the hot summer months turn off many people who otherwise might drive up the prices there. Frankly, the more people are turned away from the areas that I want to live in, the better it is for me.
My mom is trying to convince me to move back after graduation because it's cheaper to live there and I can save money. My optometrist there is originally from LA. She just bought a house and is planning to stay for a few years to let it build equity then move back to So Cal.
Anywho, most people thinks that Southern Cali real estates is a mere bubble. However, I am enjoying this bubble so far everytime I sold my house. I am in the business similarly to Gil and I believe that OC carries its own RE standard and economic system. Will the bubble burst? I think not!!! Will the price continue to climb.....I would say yes but not as quickly as it has been from the last 6-7 years. 
