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Real Estate Downturn Produces Condo Glut

By Scott Horsley
Published August 24, 2006 at 6:00 AM EDT
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 /
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
NPR News
Scott Horsley
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.
See stories by Scott Horsley