According to California Association Of Realtors home sales are up about 10% from last year and employment rates are up 6 % and buyers are looking for homes to buy in CA. The problem is that there is little inventory in the lower market range $400k and below. Looking at the total value of home sold in 2005 before the recession, $301 billion , and 2014s total sold, $144 billion and 2015 project, $188 Billion, CA is still well below where the market was before the crash.
http://www.car.org/marketdata/marketforecast/
