The long and short of bailout impacts

Real estate question of the day

Editor’s note: The following is a collection of real estate professionals’ responses to a real estate-related question.

QUESTION: What do you foresee as the positive short-term and long-term impacts of the proposed federal bailout plan on the housing market? Negatives?

Dan Melson, Realtor and Loan Officer
Clarion Mortgage Capital
Clarity Real Estate Network
San Diego, Calif.