LA Market Due for a Turn?

[Kathlyn Lewis]

I've asked several people this question privately and gotten several different answers (no surprise), so I thought I'd pose this question more publicly here:

The sellers market seems perched to turn with housing supply about meeting or maybe even surpassing demand.  Do you think this is happening in Los Angeles?  If it is happening - the magic question - when do you think the price fall will happen?

Can't wait to see everyone's response - thanks in advance for your input!