Fannie Mae & Freddie Mac & Potential Effects to CA Real Estate

A lot of speculation is circulating in regards to the effects of the bailout of Fannie Mae & Freddie Mac. How does this effect the real estate market? Does it indicate more trouble down the road for the housing industry? Is it going to make things smoother for homebuyers?

The below articles provide some good insight on what is occurring and some interesting predictions on the housing market in the future.

Check out these links for some expert advice on what is occurring and why you should be watching it closely if you are a potential homebuyer or home seller:

International Edition of the New York Times voicing their opinion that the housing slump will continue

California Association of Realtors video on why it matters to you

Wall Street Journal article that summed it up best, in my opinion