Outlook sours for real estate - Many indicators point to a major slowdown in home prices

Oh my god - are you saying $800,000 for a one bedroom condo is too much to pay? Who'd 've thunk it? Here's highlights:

None of this surprises the many economists who have been waiting for a downturn.

Richard DeKaser, chief economist for mortgage banker National City, has been reluctant to call the top, but thinks it has finally passed.

"We're coming down the other side of the mountain," said DeKaser.

It may already be too late to cash out at the top, which some residents of hot markets have already done