A new study indicates Bay Area housing prices fell 22 percent in the past year. Is the worst over, or is there more to come? What effect does the declining real estate market have on the economy at large? We discuss those questions after an update on fires burning throughout California.
Guests:
Christopher Thornberg, principal and co-founder of Beacon Economics, a consulting firm focusing on California and other western states
Andrew LePage, analyst with DataQuick Information Systems, a provider of real estate information solutions
Tracy Saizan, realtor and president of the Sacramento Association of Realtors
Ruben Grijalva, director of the California Department of Forestry and Fire Protection
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