Having traveled that road in past years, I can suggest extreme caution when making real estate purchases. Many areas of the area (especially the tier one areas) appear to have peaked and potential buyers are pushing back to find real value. That is what I refer to as "what the buyer is willing to pay and the seller is willing to sell for" AKA...present value.
This should not stop the wise investor from seeking wise investments. In my opinion, too many top heavy investors have overpriced these top heavy cites and smart investors are seeking intelligent investments where the ROI, and capital investment make sense and offer an upside for the buyer./investor.
Think before you sink. Real estate is rarely a short term gain. If you buy right, you benefit later.