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Economy: Housing Prices / California #879256

ABC Evening News for Thursday, Nov 29, 2007
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(Studio: George Stephanopoulos) New numbers on the plunging prices of American homes reported.

(Fairfield, California: Laura Marquez) The ripple effect of dropping house prices on businesses linked to the housing industry examined; scenes shown from the suburb of Fairfield, California; examples cited of home values per county. [Fairfield homeowner Kelley LOWRY†- comments on the drop in value of his house.] [Fairfield department of community development Sean QUINN†- cites declining building permits.] [Capu-Tech Lumber Products Kevin CERKONEY†, plumbing supply GUY - cite the drop in business.]

Stephanopoulos, George;
Marquez, Laura

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