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Digging In.

By
Real Estate Agent with John Duffner's Real Estate Inc

Summary commentary of bail out funding taking place in the United States and the impact to real estate.  States have now entered into the fray of asking Uncle Sam for bail out funds.  It is expected that individual cities and communities will not be far behind in seeking such funds.

The impact to real estate may be small.  There is evidence that the bottom has been set and in general real estate Nationally as well as locally will show increases.

For complete article go to:  www.venturacountyretalk.com

Thomas R. Martin Broker/Owner ICPM
Investors Choice Property Management - Sacramento, CA
Property Management the way it SHOULD be.

I think that well will (if it has not already) run dry, and it needs to. Bailouts just forestall the inevitable, dragging out the agony. I think the stage is set for a recovery, if they can just stop meddling and let the market correct. I think '09 will be pivotal.

Jan 04, 2009 05:55 AM