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Real Estate Downturn Produces Condo Glut

Street-corner advertiser Scott Webb has been pointing buyers in San Diego, Calif., towards condominiums for two years. Sign-twirling earns him $14.20 an hour.
Scott Horsley, NPR /
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Street-corner advertiser Scott Webb has been pointing buyers in San Diego, Calif., towards condominiums for two years. Sign-twirling earns him $14.20 an hour.

Copyright 2006 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.