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Archive Home > 2009 > May > 06 > Bottoming out?

Bottoming out?

Sacramento was among the first cities hit by the housing crisis; now, there are signs that it could be one of the first to recover

By David Streitfeld / The Bulletin
May 6, 2009

SACRAMENTO, Calif. — Is this what a bottom looks like?

This city was among the first in the nation to fall victim to the real estate collapse. Now, it seems to be in the earliest stages of a recovery, a hopeful sign for an economy mired in trouble and anxiety.

Investors and first-time....

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