tuesday night reading

http://money.cnn.com/2008/04/15/real_estate/foreclosures_march/index.htm?cnn=yes

Foreclosures jump 57% in March

The housing bust continues to take its toll, with over 50,000 homes
lost to foreclosure. Nevada once again leads the nation in defaults.

April 15, 2008: 5:03 AM EDT

NEW YORK (CNNMoney.com) -- Foreclosure filings jumped 57% in March
compared with the same month last year and rose 5% versus February, as
the nation's housing market continues to deteriorate.

RealtyTrac, an online marketer of foreclosure properties, said Tuesday
that 234,685 homes were hit with foreclosure filings last month, which
include default notices, auction sale notices and bank repossessions.
Of those, 51,393 homes were lost to foreclosure - a 10% increase over
the number of homes lost in February.

(more at link)