Is there a real estate bubble in the Silicon Valley?

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With home prices hitting all time highs, I was wondering what experienced real estate professionals' perspective on the Silicon Valley market was? I understand there is a shortage of supply on the market in many of the areas but can we continue to see an increase in prices within the next 2-5 years and are these prices sustainable? 

I don't think that prices will go up that much more. But they won't go down in my opinion. The market is softening right now. 

I'm selling my home in the bay area right now because I'm scared of what might happen to the market.