There was a total of 632,573 properties with foreclosure filings. That works out to a rate of one filing for every 21 households, which is more than the United States average of 45, and a little less than five percent of the state's housing units. California has rich Real Estate markets full of diversity, attracting all sorts of Real Estate investors, and is a non Judicial foreclosure state.
California is the largest U.S. state by population, with 36,961,664 people. Its 163,696 square miles make it the 3rd largest state by area. Median household income in 2008 was $61,021. It has the largest state economy in the United States with a gross state product of about $1.9 trillion.
California's biggest industries are education and health services, trade, transportation, utilities, and real estate. It exported $144 billion worth of goods, 42% made up of technology exports. California produces more food than any other state: It's a $31 billion industry. Probably the two most renowned California industries are entertainment and technology.