That really depends on what you want, condo, single family, REO? There are many homes in the M.V. area, single family for under $400,000. Would you be buying FHA so you could get in with 3.5% down? I just sold a home at $599,000 FHA, seller is paying all the buyers closing costs. They will have a payment less then what they currently pay in rent, plus they will get great tax savings because they are buying not renting. So the answer is, "depends on what you want>"