Housing crash coming due to the new law?

One house i was eyeing but never pulled the trigger:
https://www.zillow.com/homes/for_sale/Menlo-Park-CA/15583972_zpid/39748_rid/5000-_lot/2015-_built/37.515444,-122.104455,37.403301,-122.253285_rect/12_zm/0_mmm/1_rs/

House was brand new & beautiful.