Has the bottom of the market hit in Livermore?

I don't know but there are signs it has. With the recent attempt by many home builders to auction inventory and the 100% sales on those auctions the bottom has possibly been set. The reason for this is the demand has been met by the inventory in these cases and this usually indicates a bottom. The problem is that bottom has been set pretty low. Good deals are getting harder to find because of the multiple offers on those property's.