Thanks for the input, I may need to adjust my expenses, to be more conservative.

He and I just had an agreement about how we would split the deal, and we adjusted the assignment accordingly after we found the buyer.

The plan can also be adjusted every a few years based on situation.With that said I put others into real estate.

Even if there is another shift in demand, the top of the market will be filled first (if price points are adjusted).  

BTW if your adjusted gross income was below $100K for any of the past six years.  

My job is in Oakland and I hope to stick with it a while but if prices don't adjust in the next few years, we will be forced to move out of state or to the valley with a 2 hour commute.My personal prediction: A major readjustment/ mild bubble burst not as severe as 2008 by 2019.

If it is on an MLS,  the Realtor may be able to contact the MLS office to make an adjustment. 

Eventually, they will overbuild and some will be left holding the bag and the entire market will adjust, but that hasn't happened...yet.

Loan gets adjusted every 5 years and will not be raised over 2%.

I think it really depends on the neighborhood, the climate, and the cost.