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ID: 53318367 Video

Headline: Some Areas of California See House Values Plummet

Caption:

'Newsweek' reports that many areas across California, typically one of the most expensive housing markets in the United States, have experienced steep price drops. One Palm Springs home, which sold in March for $1,400,000, was put back on the market just two months later and is now selling for just $635,000. That's a $765,000 price drop.

Keywords: Areas,California,See,House,Values,Plummet,Offbeat,Property,Value,Housing Market,United States,Palm Springs,Home,Houses,Months,Drops,Pricing,Zillow,Golden State,San Francisco

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