Is the California Housing Rebound Years Away?

I’m always checking on what’s happening in California because that’s where a bunch of investors come from to buy homes here in Austin. The question is “are home prices falling in California?” Well the answer isn’t agreed on as there are many opinions from experts about the market. Check out this story and see for your self.  http://kron4.com/global/video/popup/pop_player.asp?activePane=info&ClipID1=1079126