The Housing Market Plunge
    NOW
    t r u t h o u t | Programming Note

    Airdate: Friday, April 27, 2007 at 8:30 p.m. EDT on PBS.
    (Check local listings at http://www.pbs.org/now/sched.html.)

Are homeowners paying the price? This time on NOW.

    Housing in the United States is taking a big hit, as "too-good-to-be-true" home loans fail, refinancing dries up, and foreclosures surge. How did the market plummet so far so quickly and are current homeowners paying the price? On Friday, April 27 at 8:30 pm, NOW investigates by revisiting a California town whose real estate fortunes have taken a hard turn for the worse.

    Also on the show, we spend more time with a group of determined Florida farm workers who pick many of the tomatoes winding up in your fast food burgers and burritos. For the past decade they've also been picking a fight with Corporate America to get a better wage for themselves and their families ... and they've been winning.

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    Note: The NOW website at www.pbs.org/now will provide additional coverage starting Friday, April 27, including new insight into the bursting housing bubble, and more video resources for both reports.