[BigBobber]

One of the main problems was their builder was still churning out these homes...

The key phrase here.

This is happening all over the Central Valley. Supply is outstripping demand. Quite different from a housing slowdown.

[goldstategop]

More to the point: there is a backlog of homes that's contributed to the slowdown. And prices are too high when there's just so much competition between sellers that none of them can get the asking price they want. It makes desperate sellers pine for the days of the housing boom and now we're in a housing bubble situation.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus