I agree with John. Wait and see what happens come September when CA moratorium on forclosures ends and folks with school aged children are pretty much settled. Pleasanton is a nice place, however, homes are still overpriced, especially the ones in 800,000+ range. Mortgage rates are not as low as they were in April and May, and jumbo loans are not that easy to obtain, not mentioning rising unemployment. People generally relocate to Pleasanton not because they have to, but because they want to, and that makes a nice community, but not in tough times, when you need proximity to as many jobs as possible, and this is where Pleasanton falls short to compare to the other side of the hills, San Francisco or Silicon Valley. Just yesterday I have met a gentlemen who was forced to sell in Pleasanton and move to Fremont because he has partial disability and the type of work he can do does not support high mortgage payment. I am a prospective Pleasanton buyer and I remain optimistic - there is still time to pick and choose and even negotiate:))) Recent price reductions speak for themself, you can look them up here on the site.