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The $700 Billion Dollar Housing Bail Out Plan

Housing Bail Out Bill - Colorado Springs Real Estate and Mortgage Market

The Colorado Springs real estate and mortgage markets will be affected by the Bail Out plan that was recently passed by the House and Senate, and signed by the President. What is the Bail Out plan? What are the implications? What is happening?

I am not very clear on all of this at this time, but here are some links that may help clarify things … at least for now.

And here is an interesting thought about the money involved in the Housing Bail Out, from my friend and Phoenix Real Estate Agent, Jay Thompson: How Much is $700 Billion , Really? (Phoenix Real Estate Guy)

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