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.

• Stop the Housing Bail Out
• Experts Say Housing Market Must Mend for Bailout to Succeed
• Bailout not a panacea for US housing market
• Bailout Plan Wins Approval; Democrats Vow Tighter Rules
• Bailout Brings With It Diverse Perks
• House passes bailout

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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Posted By: Mariana Wagner - Colorado Springs Real Estate Agent - Wagner iTeam
The Wagner iTeam is a power team of Keller Williams Realty,
specializing in Colorado Springs Real Estate and Monument Real Estate
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