Thx to Richard at www.slopages.com for sending me this article!
Standards and Poorer has rated San Luis Obispo as the #1 volatile housing market in the nation. Read the article, If the Bubble Bursts, here.
Note at the end it says:
“The report points out that the highest house values are on the coasts with California and the Northeast, and that these tend to be among the most volatile. But homeowners tempted to cash in their gains and move to a lower cost area might want to consider carefully; the index indicates that many of those same areas will also provide the best opportunity for growth.”