"Southern California home buyers have apparently had their fill of bidding wars, home shortages and double-digit price hikes. The cooling has quelled fears of another housing bubble and signals a welcome return to normality, experts say. The California Assn. of Realtors predicts that year-over-year price increases will return to 6% next year, more in line with historical norms. "The market was starting to get too hot for a lot of people to touch," said Stuart Gabriel, director of UCLA's Ziman Center for Real Estate. "Now we are moving toward a more sustainable growth path."..."
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10/16/2013
The LA Times: "Housing Market Slows Down After Torrid Rebound"
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