Where? Concord, Antioch, Richmond, Benicia, Walnut Creek, Pleasant Hill, Martinez. These are great places to purchase real estate if you are interested in living in the East Bay. Prices have dropped over 30%, and most of the three bedroom/2baths single family homes are less than $3-500k. A few areas are close to bart line and not too far away from the city. Lafayette and Orinda have not dropped too much, but it’s a good time to buy either a rental property or you can live in it for 2 years and rent it out after. Rent may likely cover the mortgage if you spend a little time to do some research.