Prices will start to lose their steam and gradually fall in the next 5 years. I would be selling any REIT's you may have in your portfolio. Also, avoid volatile areas such as LA, San Fran, NJ, and NY.....
or you could relax, move to a tax friendly state, and hedge your new purchase like someone i know when those new futures products come out http://www.hedgestreet.com/hedgelets/CapFloor/ when are they coming out anyway?