Economic Choices 2008 - California's Foreclosure Rush

California is the most populus state in the nation. It is also the state with the most foreclosures -- nearly half a million in 2007. As Washington bureau chief Darren Gersh reports, the housing crisis has California voters looking for a president who can revive the economy.



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External Links/Articles*

• Economics & Politics (PDF Document)
  Economics & Politics is an economic consulting firm located in Southern California. It is headed by John Husing, who is interviewed in Darren Gersh's report. This links to the firm's "Quarterly Economic Report" about Southern California's Inland Empire.
• InlandEmpire.us
  InlandEmpire.us is a site dedicated to the Inland Empire region of Southern California, which is also known as the San Bernardino Valley or "The IE." As Darren Gersh explains in his report, this region is experiencing a large number of foreclosures.
• Metrostudy
  Metrostudy is a national housing market research firm. The company's director of the Southern California region, Steve Johnson, is interviewed in Darren Gersh's report.
• Moreno Valley, California
  Moreno Valley, California is one of the cities that Darren Gersh visited in Southern California's Inland Empire.
• Perris, California
  Perris, California is one of the cities that Darren Gersh visited in Southern California's Inland Empire.
• RealtyTrac
  RealtyTrac is a housing marketplace "for homeowners, investors and real estate professionals." One of its main services is foreclosure listings. This links to RealtyTrac's latest foreclosure data for the state of California.
• U.S. Senator Barbara Boxer
  Senator Boxer is a Democrat representing the state of California in the U.S. Senate. This links to a section of her official website titled, "Foreclosure Crisis: Current Crisis." It includes a foreclosure crisis report as well as a discussion of the economic and social impact of foreclosures.

*Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.