CBS Evening News - 2008-07-25

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Read a transcript preview of “CBS Evening News - 2008-07-25” from malgent, uploaded on 2024-06-07.

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Language: English (original, YouTube automatic captions)

[0:03] tonight trouble on the home front

[0:05] foreclosures sore sales fall again but

[0:08] some government help is on the way and

[0:11] we'll have tips for buyers in our series

[0:13] hitting home I'm Katie krik also tonight

[0:16] a scare 29,000 ft in the air a loud bang

[0:20] then oxygen Mass dropped as a big

[0:23] section of a quantis jetliner Bound for

[0:25] Australia rips open a CBS News

[0:29] investigation these Health experts say

[0:31] childhood vaccines are safe but are

[0:33] their opinions being compromised and you

[0:37] may have thought letter writing was a

[0:38] lost art but Steve Hartman finds some

[0:41] modern-day pen

[0:46] pals this is the CBS Evening News with

[0:50] Katy

[0:52] kurik good evening everyone it is a

[0:55] national tragedy and personal nightmare

[0:57] more and more families are in danger of

[0:59] losing losing their homes a report out

[1:01] today says nearly 3/4 of a million homes

[1:04] were facing foreclosure in the spring of

[1:06] this year well over twice as many as a

[1:08] year earlier and as Jim Axelrod reports

[1:11] in some parts of the country it's a lot

[1:14] worse compared to this time last year

[1:17] foreclosure rates have tripled in

[1:18] California and tripled in Arizona in

[1:21] Nevada One in Every 43 households

[1:24] received a foreclosure notice in the

[1:25] last few months we've never really seen

[1:28] anything this bad in terms of

[1:30] foreclosures in the housing market since

[1:32] people have been keeping records and

[1:33] there was even more troubling housing

[1:35] news today sales of new homes were down

[1:37] in June that makes declines in seven of

[1:40] the last 8 months foreclosures and slow

[1:43] sales dump more homes on the market that

[1:45] in turn lowers prices even

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