Bailout and the Sacramento real estate market
After the failed vote on the financial rescue plan on Monday the Senate takes the spotlight today and is likely to pass a slightly revised plan to provide liquidity back to the credit markets. I predict an embarrassed House of Representatives will place their rubber stamp on the bill and we will have legislation by the end of the week.
How will this impact the Sacramento real estate market and the recovery that is taking place? Take a look at my column, “Bailout may slow Sacramento real estate recovery,” over at Rocklin & Roseville Today.