Thursday, May 28, 2009

Program Advisory: SoCal Connected Looks at the Housing Market

Tonight's edition of KCET's "SoCal Connected" program looks at whether or not the Southern California housing market has turned a corner. The episode, "Time to Buy?," airs Thursday night at 8 p.m.

From the station's press release:

SoCal Connected discovers that one positive sign is real estate prices now seem to be more in line with income levels. Those who could not buy when prices skyrocketed are now in a better position. But have prices bottomed out, or will they fall still further? Another issue is securing a mortgage. Although at record lows, mortgages are not as easy to obtain as a couple of years ago.

The program also looks at the debate over what to do with people living in their cars on Venice streets. And Patt the Hatt asks whether we have ourselves to blame for the state's bankruptcy. (From the early results of our Wednesday poll, it looks like a lot of you say "yes.")

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