If you are waiting for a 20% drop in prices in SF before re-deploying your war chest capital, I suspect you may have to wait a LONG time as I doubt it will happen in this downturn just based on previous dips and things are not nearly as crazy (yet anyway) as last peak ... my crystal ball is no clearer than yours is, though, and if I'm wrong I will be glad as mentioned.

I don't have a crystal ball and I don't know the timing.  

I don't see a crash, in markets I play in, stock is low and there is so much pent up demand.I play close attention to volume, at the end of the day no one has a crystal ball, but if you start seeing supply increase then perhaps its time to pay attention.How do I mitigate risk -Cash Keep Leverage lowBuy in markets that are starting to rise, in the early stagesLoad up, and sell some of your properties, reduce debtBuy cash flow properties with returns of minimum 12%Marisa

I guess it means nobody has a crystal ball.Thanks for sharing!

I'm not going to try to get out my crystal ball and guess what the market will do, but the way I see it is that the effect those things will have will be more localized and micro rather than a macro effect across the whole country.

In addition, it's beach and crystal clear water.

If you've got a good crystal ball and don't bet wrong, you can make a lot of money on appreciation.

There was the expectation that I had some magic crystal ball.

-- if your goals are crystal clear to you, and frequently measured, you're going to achieve them.3) Make your money going in and you can't lose (only buy below market value; have a plan b and a plan c; and make sure all of them are acceptable for you.)

No one has a crystal ball, but if we plan on a correction and it doesn't come, our deals will be that much better.