Bidding adieu to frenzy: Calm is returning to Southern California housing markets as prices stabilize and selection increases

Gayle Pollard-Terry The Southern California gold rush isn't over for home sellers. As the spring buying season kicks in, there is still money to be made, and plenty of it. But, some experts say, good luck on getting another year's worth of double-digit appreciation, a bidding war or an instant sale. "That kind of white-hot housing market has definitely slowed," said Delores Conway, director of the Casden Real Estate Economic Forecast at the USC Lusk Center for Real Estate. "We're getting back to more normal-type levels of buying and selling."