Is this a good time to buy Realestate in So Cal? What kind of land?

California prices could continue falling in some areas and be careful to buy only if you get a good deal. I would not pay more than 65% of the appraised value. with market forces down in a single family house you could reach a very good agreement. Having said that the time to sell is one of the forms below. Be prepared to keep everything you buy for some time. Makes tons of crisis and could be a moment where you can find some bargains. People who are not big money heavily indebted around should be able to do very well in this market. Southern California will be recovered as economic giant in the country. Just take some time. High prices can continue. People leaving California county's most expensive counties near the county will face to exploit the growth and value! Hope this helps good luck and offer low ball.