CBS Evening News for Friday, Jul 25, 2008
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(Miami Beach: Kelly Cobiella) Ways to find a good buy in the housing market with an eager seller featured; specifics detailed on what a buyer needs to do. [Prospective home buyer Iovana POSADA- says she is looking at the numbers.] [Homekeys CEO Manuel IRAOLA- gives tips on buying a home.]
(Studio: Katie Couric) Foreclosure story re-introduced.
(Washington: Jim Axelrod) Foreclosure rates and the drop in home sales examined; details given about the housing bill in Congress that is a lifeline for homeowners facing foreclosures by setting up fixed rate loans guaranteed by the government and of tax credits for first-time buyers. [RealtyTrac Rick SHARGA- talks about the housing market.] [In foreclosure, California homeowner Myra PINEDA- comments.]
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