they are from mexico right now and they are willing and able. reporter: soon they may be investing in a neighborhood near you. two senators are introducing a bipartisan bill that would give residence visas to any foreigners who spend at least $500,000 to buy houses in the united states. we think this is a huge opportunity in the real estate business to help the community and to help everybody get rid of some of this distressed inventory by getting investment coming from outside of the united states. wall street journal says let s make a deal buy house get a visa. reporter: the word is already spreading overseas with the help of realtors, like this one who says almost half of her clients are from asia. lee just sold this palo alto home to chinese investors for $1.7 million. she says others are willing to spend similar money. we are going to see a lot of foreign money which will come to this area. reporter: last year bargain hunting foreigners spent $82 billion in
stable and self-reliant country. reporter: to date, more than 4400 u.s. servicemembers have died in iraq. more than 30,000 others have been injured. the war has cost the u.s. more than $800 billion. there are concerns that pulling troops from iraq will undo all the gains against insurgents. at the white house, danielle nottingham, cbs 5. the war that began with shock and awe in march of 2003 has had a huge impact on the bay area. the night crews missiles were launched against saddam hussein, hundreds in the bay area took to the streets there. were days of protest across san francisco. a california mother became one of the war s most vocal critics. in 2005, cindy sheehan lost her son casey in iraq. she became a galvanizing and polarizing figure. one of the most somber symbols of the war, a lafayette man set up a memorial of white crosses for each of the service members killed. his hillside was eventually covered with more than 4,000 crosses. today s announcement is the bes